At the time of writing, Braze Inc [BRZE] stock is trading at $44.53, down -1.24%. An important factor to consider is whether the stock is rising or falling in short-term value. The BRZE shares have gain 6.38% over the last week, with a monthly amount glided 2.67%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Braze Inc fluctuated between $29.18 and $61.53. Currently, Wall Street analysts expect the stock to reach $50.5 within the next 12 months. Braze Inc [NASDAQ: BRZE] shares were valued at $44.53 at the most recent close of the market. An investor can expect a potential return of 13.41% based on the average BRZE price forecast.
Analyzing the BRZE fundamentals
According to Braze Inc [NASDAQ:BRZE], the company’s sales were 563.97M for trailing twelve months, which represents an 22.67% jump. 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 44.08 points at the first support level, and at 43.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.31, and for the 2nd resistance point, it is at 46.09.
Ratios To Look Out For
It is important to note that Braze Inc [NASDAQ:BRZE] has a current ratio of 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 8.17, the price to book ratio is 10.00.
Transactions by insiders
Recent insider trading involved FERNANDEZ PHILLIP M, Director, that happened on Jan 15 ’25 when 1500.0 shares were sold. Chief Accounting Officer, Malik Pankaj completed a deal on Jan 06 ’25 to sell 3700.0 shares. Meanwhile, General Counsel Wiseman Susan sold 14000.0 shares on Jan 06 ’25.
