Braze Inc [BRZE] stock prices are down -0.08% to $35.70 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BRZE shares have gain 10.82% over the last week, with a monthly amount glided 12.69%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Braze Inc [NASDAQ: BRZE] stock has seen the most recent analyst activity on October 31, 2024, when Macquarie initiated its Neutral rating and assigned the stock a price target of $30. Previously, Stifel started tracking the stock with Buy rating on October 22, 2024, and set its price target to $37. On July 10, 2024, upgrade upgraded it’s rating to Sector Outperform but maintained its price target of $56 on the stock. Oppenheimer reiterated its Outperform rating and decreased its price target to $60 on May 29, 2024. UBS upgraded its rating to a Buy but $62 remained the price target by the analyst firm on March 21, 2024. BTIG Research reiterated a Buy rating for this stock on December 07, 2023, and upped its price target to $75. In a note dated October 24, 2023, DA Davidson upgraded an Buy rating on this stock and boosted its target price from $48 to $53.
The stock price of Braze Inc [BRZE] has been fluctuating between $29.18 and $61.53 over the past year. Currently, Wall Street analysts expect the stock to reach $55.77 within the next 12 months. Braze Inc [NASDAQ: BRZE] shares were valued at $35.70 at the most recent close of the market. An investor can expect a potential return of 56.22% based on the average BRZE price forecast.
Analyzing the BRZE fundamentals
The Braze Inc [NASDAQ:BRZE] reported sales of 535.87M for trailing twelve months, representing a surge of 26.40%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -0.25%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.27 and Total Capital is -0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 35.27 points at the first support level, and at 34.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.14, and for the 2nd resistance point, it is at 36.57.
Ratios To Look Out For
It’s worth pointing out that Braze Inc [NASDAQ:BRZE]’s Current Ratio is 2.03. Further, the Quick Ratio stands at 2.03, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 6.84, the price to book ratio is 8.02.
Transactions by insiders
Recent insider trading involved Winkles Isabelle, Chief Financial Officer, that happened on Nov 01 ’24 when 4500.0 shares were sold. 10% Owner, Lee Roger H completed a deal on Oct 11 ’24 to sell 56830.0 shares. Meanwhile, Director Machado Fernando sold 1377.0 shares on Oct 07 ’24.
