Braze Inc (NASDAQ: BRZE) is -21.44% lower on its value in year-to-date trading and has touched a low of $28.59 and a high of $48.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BRZE stock was last observed hovering at around $29.72 in the last trading session, with the day’s gains setting it 3.18%.
Currently trading at $32.90, the stock is -6.46% and -12.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.49 million and changing 10.70% at the moment leaves the stock -14.27% off its SMA200. BRZE registered -24.30% loss for a year compared to 6-month gain of 8.69%. The firm has a 50-day simple moving average (SMA 50) of $37.7712 and a 200-day simple moving average (SMA200) of $38.37845.
The stock witnessed a -2.08% loss in the last 1 month and extending the period to 3 months gives it a -26.23%, and is -9.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.86% over the week and 6.55% over the month.
Braze Inc (BRZE) has around 1699 employees, a market worth around $3.44B and $593.41M in sales. Fwd P/E is 56.59. Profit margin for the company is -17.48%. Distance from 52-week low is 15.08% and -31.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.07%).
with sales reaching $158.7M over the same period.The EPS is expected to grow by 99.15% this year, but quarterly earnings will post 16.40% year-over-year. Quarterly sales are estimated to grow 17.16% in year-over-year returns.
306.0 institutions hold shares in Braze Inc (BRZE), with institutional investors hold 91.77% of the company’s shares. The shares outstanding are 87.93M, and float is at 69.80M with Short Float at 5.92%. Institutions hold 79.84% of the Float.
The top institutional shareholder in the company is ICONIQ CAPITAL, LLC with over 8.55 million shares valued at $332.12 million. The investor’s holdings represent 8.4288 of the BRZE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.35 million shares valued at $246.54 million to account for 6.2979 of the shares outstanding. The other top investors are CADIAN CAPITAL MANAGEMENT, LP which holds 4.9 million shares representing 4.8309 and valued at over $190.35 million, while BATTERY MANAGEMENT CORP. holds 4.6478 of the shares totaling 4.72 million with a market value of $183.14 million.
Braze Inc (BRZE) Insider Activity
The most recent transaction is an insider sale by Wiseman Susan, the company’s General Counsel. SEC filings show that Wiseman Susan sold 4,167 shares of the company’s common stock on Apr 04 ’25 at a price of $30.98 per share for a total of $0.13 million. Following the sale, the insider now owns 0.25 million shares.
Still, SEC filings show that on Mar 28 ’25, FERNANDEZ PHILLIP M (Director) disposed off 1,500 shares at an average price of $41.46 for $62190.0. The insider now directly holds 15,269 shares of Braze Inc (BRZE).
