BrazeBRZE
About: Braze Inc is a customer engagement platform that powers customer-centric interactions between consumers and brands. The company provides solutions for Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality related industries. The company offers a single, vertically integrated platform that encompasses the various functionalities, or layers, required for modern customer engagement: data ingestion, classification, orchestration, personalization, and action, all of which is supported by Sage AI by Braze, its AI engine designed to power AI functionality across all layers of this stack. It generates a majority of its revenue from the United States.
Employees: 1,548
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
93% more call options, than puts
Call options by funds: $16.8M | Put options by funds: $8.73M
86% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 51
80% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 9 (+4) [Q2]
0% more funds holding
Funds holding: 221 [Q1] → 221 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 51
7.2% less ownership
Funds ownership: 93.69% [Q1] → 86.49% (-7.2%) [Q2]
8% less capital invested
Capital invested by funds: $2.84B [Q1] → $2.6B (-$241M) [Q2]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Piper Sandler Brent Bracelin 54% 1-year accuracy 73 / 134 met price target | 32%upside $40 | Overweight Maintained | 10 Oct 2024 |
UBS Taylor McGinnis 50% 1-year accuracy 3 / 6 met price target | 69%upside $51 | Buy Maintained | 25 Sept 2024 |
DA Davidson Gil Luria 48% 1-year accuracy 15 / 31 met price target | 82%upside $55 | Buy Maintained | 24 Sept 2024 |
TD Cowen J. Derrick Wood 43% 1-year accuracy 6 / 14 met price target | 49%upside $45 | Buy Maintained | 24 Sept 2024 |
JMP Securities Patrick Walravens 61% 1-year accuracy 54 / 89 met price target | 125%upside $68 | Market Outperform Reiterated | 24 Sept 2024 |
Financial journalist opinion
Based on 8 articles about BRZE published over the past 30 days