Braze Inc [BRZE] stock is trading at $41.80, up 0.82%. An important factor to consider is whether the stock is rising or falling in short-term value. The BRZE shares have gain 6.23% over the last week, with a monthly amount glided 19.36%, 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.
Braze Inc [BRZE] stock has fluctuated between $29.18 and $61.53 over the past year. Currently, Wall Street analysts expect the stock to reach $51.5 within the next 12 months. Braze Inc [NASDAQ: BRZE] shares were valued at $41.80 at the most recent close of the market. An investor can expect a potential return of 23.21% based on the average BRZE price forecast.
Analyzing the BRZE fundamentals
Braze Inc [NASDAQ:BRZE] reported sales of 535.87M for the trailing twelve months, which represents a growth of 26.40%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -0.23%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.26 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 0.2.
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 40.53 points at the first support level, and at 39.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.71, and for the 2nd resistance point, it is at 45.61.
Ratios To Look Out For
For context, Braze Inc’s Current Ratio is 2.03. On the other hand, the Quick Ratio is 2.03, and the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 8.05, the price to book ratio is 9.39.
Transactions by insiders
Recent insider trading involved Winkles Isabelle, Chief Financial Officer, that happened on Dec 02 ’24 when 4500.0 shares were sold. Chief Financial Officer, Winkles Isabelle completed a deal on Nov 18 ’24 to sell 12329.0 shares. Meanwhile, Chief Financial Officer Winkles Isabelle sold 4094.0 shares on Nov 20 ’24.
