Braze Inc [BRZE] stock is trading at $44.78, up 7.57%. An important factor to consider is whether the stock is rising or falling in short-term value. The BRZE shares have gain 7.13% over the last week, with a monthly amount glided 22.72%, 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 $51.29 within the next 12 months. Braze Inc [NASDAQ: BRZE] shares were valued at $44.78 at the most recent close of the market. An investor can expect a potential return of 14.54% based on the average BRZE price forecast.
Analyzing the BRZE fundamentals
Braze Inc [NASDAQ:BRZE] reported sales of 563.97M for the trailing twelve months, which represents a growth of 22.67%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.
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 42.33 points at the first support level, and at 39.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.11, and for the 2nd resistance point, it is at 47.45.
Ratios To Look Out For
For context, Braze Inc’s Current Ratio is 1.99. On the other hand, the Quick Ratio is 1.99, and the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 8.48, the price to book ratio is 10.05.
Transactions by insiders
Recent insider trading involved Malik Pankaj, Officer, that happened on Dec 16 ’24 when 4656.0 shares were purchased. Officer, MYLES R KLEEGER completed a deal on Dec 16 ’24 to buy 40000.0 shares. Meanwhile, Officer SUSAN WISEMAN bought 44000.0 shares on Dec 16 ’24.
