Amount
Latest price
$28.78
(£1.00 = $1.365)
Number of shares (est.)
0
Market Cap
$3.04B
P/E ratio
-28.67
EPS
-$1.004
Beta
1.10
Dividend rate
N/A
Dividend yield
N/A
Braze, Inc. provides a customer engagement platform that enables brands to be engaging. The Company’s platform allows any marketer to collect and take action on any amount of data from any source, so they can engage with customers in real time, across channels from one platform. From cross-channel messaging and journey orchestration to artificial intelligence (Al)-powered experimentation and optimization, its platform enables companies to build and maintain engaging relationships with their customers. The Company’s platform produces data that informs decisions and actions across customer engagement strategies. It supports interactions across both in-product and out-of-product messaging channels. Braze Cloud Data Ingestion allows its customers to set up a direct connection between their data warehouses or platforms and Braze to automatically sync relevant data. The Company’s portfolio also includes OfferFit, an AI decisioning company.
CEO
Mr. William (Bill) Magnuson
Employees
1,699
Sector
Tech
Company HQ
NEW YORK, United States of America
Website
I'm upgrading Braze to a buy as the stock has continued to slide despite a recent beat-and-raise quarter. Braze stands out with ~20% revenue growth, robust customer expansion, strong retention, improving profitability, and a clean balance sheet. Despite macro headwinds, Braze's valuation is compelling at 3.2x EV/FY26 revenue, especially versus slower-growing, pricier peers like Salesforce and HubSpot.
I maintain my buy rating on Braze (BRZE) as growth remains strong, customer momentum is solid, and AI capabilities are significantly enhanced by the OfferFit acquisition. 1Q26 results showed 20% revenue growth, improving profitability, and healthy customer wins, supporting my view that BRZE's growth trajectory is intact. Recent pricing model changes remove key sales friction, making it easier for customers to scale and increasing platform stickiness, which should accelerate adoption.
Braze (BRZE -17.46%) reported its fiscal 2026 first-quarter results on June 5, with revenue up 20% year over year to $162.1 million, non-GAAP operating margin up by more than 900 basis points, and non-GAAP net income of $7 million. Standout factors in the customer engagement platform operator's performance included continued customer expansion, a significant AI acquisition, and strategic pricing model changes.
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