Braze, Inc.

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares Expanded Tech Sector ETF (Symbol: IGM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $137.39 per unit.
With IGM trading at a recent price near $125.06 per unit, that means that analysts see 9.86% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of IGM's underlying holdings with notable upside to their analyst target prices are Braze Inc (Symbol: BRZE), Ultra Clean Holdings Inc (Symbol: UCTT), and DigitalOcean Holdings Inc (Symbol: DOCN). Although BRZE has traded at a recent price of $31.27/share, the average analyst target is 43.58% higher at $44.90/share. Similarly, UCTT has 15.87% upside from the recent share price of $26.97 if the average analyst target price of $31.25/share is reached, and analysts on average are expecting DOCN to reach a target price of $40.18/share, which is 14.38% above the recent price of $35.13. Below is a twelve month price history chart comparing the stock performance of BRZE, UCTT, and DOCN:
Below is a summary table of the current analyst target prices discussed above:
Name
Symbol
Recent Price
Avg. Analyst 12-Mo. Target
% Upside to Target
iShares Expanded Tech Sector ETF
IGM
$125.06
$137.39
9.86%
Braze Inc
BRZE
$31.27
$44.90
43.58%
Ultra Clean Holdings Inc
UCTT
$26.97
$31.25
15.87%
DigitalOcean Holdings Inc
DOCN
$35.13
$40.18
14.38%
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
Also see:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

How The Pieces Add Up: IGM Targets $137

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Braze Inc (Symbol: BRZE), where a total volume of 6,745 contracts has been traded thus far today, a contract volume which is representative of approximately 674,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47% of BRZE's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $35 strike call option expiring September 19, 2025, with 1,008 contracts trading so far today, representing approximately 100,800 underlying shares of BRZE. Below is a chart showing BRZE's trailing twelve month trading history, with the $35 strike highlighted in orange:
Toast Inc (Symbol: TOST) saw options trading volume of 36,561 contracts, representing approximately 3.7 million underlying shares or approximately 46.7% of TOST's average daily trading volume over the past month, of 7.8 million shares. Especially high volume was seen for the $41.50 strike call option expiring September 05, 2025, with 16,829 contracts trading so far today, representing approximately 1.7 million underlying shares of TOST. Below is a chart showing TOST's trailing twelve month trading history, with the $41.50 strike highlighted in orange:
And eBay Inc. (Symbol: EBAY) saw options trading volume of 26,836 contracts, representing approximately 2.7 million underlying shares or approximately 45.5% of EBAY's average daily trading volume over the past month, of 5.9 million shares. Particularly high volume was seen for the $85 strike put option expiring September 19, 2025, with 6,189 contracts trading so far today, representing approximately 618,900 underlying shares of EBAY. Below is a chart showing EBAY's trailing twelve month trading history, with the $85 strike highlighted in orange:
For the various different available expirations for BRZE options, TOST options, or EBAY options, visit StockOptionsChannel.com.
Also see:
Funds Holding POWL
PLD Insider Buying
Top Ten Hedge Funds Holding VBND
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Friday Option Activity: BRZE, TOST, EBAY

Key Points
The company unveiled its latest set of quarterly earnings.
It notched a pair of beats for the period, one of which was particularly crushing.
Customer engagement solutions provider Braze (NASDAQ: BRZE) was a blazing-hot stock on Friday, thanks mostly to a very well-received quarterly earnings report. The shares closed the day up over 13%, providing quite a contrast to the 0.3% dip of the S&P 500 (SNPINDEX: ^GSPC).
A pair of convincing beats
In its second quarter of fiscal 2026, Braze's revenue came in at just over $180 million. That was nearly 24% higher on a year-over-year basis. Almost all of this total -- nearly $172 million -- derived from subscription revenue, which rose by 23%. The company's take from professional and other services comprised the remainder; at $8.3 million, it grew by 51%.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »
On the bottom line, Braze showed even more significant improvement. The company's non-GAAP (generally accepted accounting principles) adjusted net income landed at just under $16.9 million, or $0.15 per share. That was a very robust 85% higher than in the year-ago period.
With those numbers, Braze beat the average analyst estimates, especially for profitability. On average, the pundits tracking the specialty tech stock were modeling less than $172 million for revenue, and only $0.03 per share for adjusted net income.
Braze attributed its better-than-expected performance to an influx of new customers, and expansion of business with existing clients. It also pointed to sustained demand for its artificial intelligence (AI)-enhanced platform.
New guidance for fiscal 2026
Elsewhere in the earnings release, Braze updated its guidance for the entirety of fiscal 2026. The company believes revenue will amount to $717 million to $720 million for the year, filtering down into an adjusted net profit of $45.5 million to $46.5 million ($0.41 to $0.42 per share).
Should you invest $1,000 in Braze right now?
Before you buy stock in Braze, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Braze wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $678,148!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,052,193!*
Now, it’s worth noting Stock Advisor’s total average return is 1,065% — a market-crushing outperformance compared to 186% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of August 25, 2025
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Braze. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why Braze Stock Was Surging on Friday

The following companies are expected to report earnings after hours on 09/04/2025. Visit our Earnings Calendar for a full list of expected earnings releases.
Broadcom Inc. (AVGO)is reporting for the quarter ending July 31, 2025. The electric company company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.35. This value represents a 32.35% increase compared to the same quarter last year. AVGO missed the consensus earnings per share in the 2nd calendar quarter of 2025 by -1.48%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for AVGO is 55.18 vs. an industry ratio of 64.30.
Copart, Inc. (CPRT)is reporting for the quarter ending July 31, 2025. The auction company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.37. This value represents a 12.12% increase compared to the same quarter last year. CPRT missed the consensus earnings per share in the 3rd calendar quarter of 2024 by -10.81%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for CPRT is 30.85 vs. an industry ratio of -7.10, implying that they will have a higher earnings growth than their competitors in the same industry.
lululemon athletica inc. (LULU)is reporting for the quarter ending July 31, 2025. The textile company's consensus earnings per share forecast from the 13 analysts that follow the stock is $2.84. This value represents a 9.84% decrease compared to the same quarter last year. In the past year LULU has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 0.39%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for LULU is 13.87 vs. an industry ratio of 17.80.
Guidewire Software, Inc. (GWRE)is reporting for the quarter ending July 31, 2025. The internet software company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.22. This value represents a 18.52% decrease compared to the same quarter last year. GWRE missed the consensus earnings per share in the 1st calendar quarter of 2025 by -46.67%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for GWRE is 246.35 vs. an industry ratio of 40.90, implying that they will have a higher earnings growth than their competitors in the same industry.
DocuSign, Inc. (DOCU)is reporting for the quarter ending July 31, 2025. The internet software company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.23. This value represents a 34.29% decrease compared to the same quarter last year. In the past year DOCU has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 60%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for DOCU is 64.87 vs. an industry ratio of 40.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Samsara Inc. (IOT)is reporting for the quarter ending July 31, 2025. The internet software company's consensus earnings per share forecast from the 7 analysts that follow the stock is $-0.08. This value represents a 11.11% increase compared to the same quarter last year. In the past year IOT has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 50%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for IOT is -208.88 vs. an industry ratio of 40.90.
UiPath, Inc. (PATH)is reporting for the quarter ending July 31, 2025. The internet software company's consensus earnings per share forecast from the 6 analysts that follow the stock is $-0.05. This value represents a 58.33% increase compared to the same quarter last year. PATH missed the consensus earnings per share in the 3rd calendar quarter of 2024 by -9.09%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for PATH is 272.00 vs. an industry ratio of 40.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Argan, Inc. (AGX)is reporting for the quarter ending July 31, 2025. The building company's consensus earnings per share forecast from the 1 analyst that follows the stock is $1.99. This value represents a 51.91% increase compared to the same quarter last year. In the past year AGX Zacks Investment Research reports that the 2026 Price to Earnings ratio for AGX is 32.57 vs. an industry ratio of 18.70, implying that they will have a higher earnings growth than their competitors in the same industry.
Braze, Inc. (BRZE)is reporting for the quarter ending July 31, 2025. The internet software company's consensus earnings per share forecast from the 7 analysts that follow the stock is $-0.26. This value represents a 18.18% decrease compared to the same quarter last year. In the past year BRZE has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 4.17%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for BRZE is -27.54 vs. an industry ratio of 40.90.
Phreesia, Inc. (PHR)is reporting for the quarter ending July 31, 2025. The medical information systems company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.07. This value represents a 77.42% increase compared to the same quarter last year. In the past year PHR has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 46.15%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for PHR is -179.06 vs. an industry ratio of 13.00.
Quanex Building Products Corporation (NX)is reporting for the quarter ending July 31, 2025. The building company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.85. This value represents a 16.44% increase compared to the same quarter last year. In the past year NX has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 25%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for NX is 7.61 vs. an industry ratio of 18.70.
Cango Inc. (CANG)is reporting for the quarter ending June 30, 2025. The internet services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.08. This value represents a 180.00% decrease compared to the same quarter last year. In the past year CANG Zacks Investment Research reports that the 2025 Price to Earnings ratio for CANG is -4.90 vs. an industry ratio of 28.10.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

After-Hours Earnings Report for September 4, 2025 : AVGO, CPRT, LULU, GWRE, DOCU, IOT, PATH, AGX, BRZE, PHR, NX, CANG

Affirm Holdings (AFRM) came out with quarterly earnings of $0.2 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to a loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +81.82%. A quarter ago, it was expected that this operator of digital commerce platform would post a loss of $0.09 per share when it actually produced earnings of $0.01, delivering a surprise of +111.11%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Affirm Holdings, which belongs to the Zacks Internet - Software industry, posted revenues of $876.42 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.35%. This compares to year-ago revenues of $659.18 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Affirm Holdings shares have added about 27.4% since the beginning of the year versus the S&P 500's gain of 10.2%.
What's Next for Affirm Holdings?
While Affirm Holdings has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Affirm Holdings was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.08 on $862.88 million in revenues for the coming quarter and $0.76 on $3.92 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Braze, Inc. (BRZE), has yet to report results for the quarter ended July 2025. The results are expected to be released on September 4.
This company is expected to post quarterly earnings of $0.03 per share in its upcoming report, which represents a year-over-year change of -66.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Braze, Inc.'s revenues are expected to be $171.6 million, up 17.9% from the year-ago quarter.
Should You Invest in Affirm Holdings, Inc. (AFRM)?
Before you invest in Affirm Holdings, Inc. (AFRM), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Affirm Holdings (AFRM) Q4 Earnings and Revenues Top Estimates

Explore the exciting world of Braze (NASDAQ: BRZE) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
*Stock prices used were the prices of Jul. 16, 2025. The video was published on Aug. 14, 2025.
Should you invest $1,000 in Braze right now?
Before you buy stock in Braze, consider this:
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Braze wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $649,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,113,059!*
Now, it’s worth noting Stock Advisor’s total average return is 1,062% — a market-crushing outperformance compared to 185% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of August 13, 2025
Anand Chokkavelu, CFA has no position in any of the stocks mentioned. Lou Whiteman has no position in any of the stocks mentioned. Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Braze. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Braze (BRZE): A Promising Player in Marketing Tech or Just Another Risky Bet?

Investors in Braze Inc (Symbol: BRZE) saw new options begin trading today, for the December 2026 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 494 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the BRZE options chain for the new December 2026 contracts and identified one put and one call contract of particular interest.
The put contract at the $25.00 strike price has a current bid of $3.00. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $25.00, but will also collect the premium, putting the cost basis of the shares at $22.00 (before broker commissions). To an investor already interested in purchasing shares of BRZE, that could represent an attractive alternative to paying $25.28/share today.
Because the $25.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 67%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 12.00% return on the cash commitment, or 8.87% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Braze Inc, and highlighting in green where the $25.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $27.50 strike price has a current bid of $4.00. If an investor was to purchase shares of BRZE stock at the current price level of $25.28/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $27.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 24.60% if the stock gets called away at the December 2026 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if BRZE shares really soar, which is why looking at the trailing twelve month trading history for Braze Inc, as well as studying the business fundamentals becomes important. Below is a chart showing BRZE's trailing twelve month trading history, with the $27.50 strike highlighted in red:
Considering the fact that the $27.50 strike represents an approximate 9% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 38%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 15.82% boost of extra return to the investor, or 11.69% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 57%, while the implied volatility in the call contract example is 58%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 249 trading day closing values as well as today's price of $25.28) to be 54%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
BVA Historical Stock Prices
EPHY Options Chain
ISIL Price Target
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

December 2026 Options Now Available For Braze (BRZE)

Broadridge Financial Solutions (BR) shares soared 4.3% in the last trading session to close at $252.99. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 1.9% gain over the past four weeks.
The stock is benefiting from the company's recurring revenue model, contributions from acquisitions, growth prospects, and dividend payouts.
This technology outsourcing company is expected to post quarterly earnings of $3.51 per share in its upcoming report, which represents a year-over-year change of +0.3%. Revenues are expected to be $2.05 billion, up 5.6% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For Broadridge Financial, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on BR going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Broadridge Financial belongs to the Zacks Internet - Software industry. Another stock from the same industry, Braze, Inc. (BRZE), closed the last trading session 1% higher at $28.73. Over the past month, BRZE has returned 7.3%.
Braze's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.03. Compared to the company's year-ago EPS, this represents a change of -66.7%. Braze currently boasts a Zacks Rank of #4 (Sell).
#1 Semiconductor Stock to Buy (Not NVDA)
The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.
One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Strength Seen in Broadridge Financial (BR): Can Its 4.3% Jump Turn into More Strength?

Braze (NASDAQ:BRZE), operator of a leading customer engagement platform, released its fiscal 2025 fourth-quarter results on March 27. Revenue of $160.4 million surpassed analysts' expectations of $155 million, while non-GAAP adjusted earnings per share (EPS) of $0.12 came in significantly above the anticipated $0.05. This positive outcome reflects Braze's capabilities in scaling its offerings and highlights improved operational efficiency. Overall, the company had a strong quarter, punctuated by enhanced profitability and revenue growth.
Metric
Fiscal Q4 2025
Fiscal Q4 2025 Analysts' Estimate
Fiscal Q4 2024
% Change
EPS (non-GAAP)
$0.12
$0.05
($0.04)
N/A
Revenue
$160.4 million
$155 million
$131.0 million
22.5%
Free cash flow
$15.2 million
N/A
($3.5 million)
N/A
Non-GAAP gross margin
69.9%
N/A
67.9%
200 basis points
Source: Analysts' estimates provided by FactSet.
Overview of Braze's Business
Braze, a leader in cross-channel customer engagement, offers a comprehensive platform that integrates data analysis, personalized messaging, and omnichannel support. This system empowers brands to engage with their customers more effectively, creating personalized and cohesive experiences. With a focus on real-time data processing, Braze enhances customer interactions and sustains engagement. Its global reach and scalability are vital for maintaining its edge in competitive markets.
Management's recent efforts have centered on improving the platform's features and expanding its AI capabilities.
Quarterly Highlights
In the fiscal fourth quarter, which ended Jan. 31, Braze displayed remarkable financial results, demonstrating its ability to exceed both market and management expectations. Revenue increased 22.5% from the prior-year period to $160.4 million, marking an outperformance of $5.4 million against analysts' consensus estimate. This growth was attributed to a rise in customer numbers and improved operational efficiencies.
Moreover, Braze achieved an adjusted EPS of $0.12, significantly outpacing the expected $0.05, creating a notable positive surprise of 140%. Its non-GAAP net income of $12.3 million also surpassed management's guidance range of $5 million to $6 million.
Meanwhile, its non-GAAP gross margin improved to 69.9%, reflecting better cost management. Free cash flow turned positive at $15.2 million compared to negative $3.5 million a year earlier. However, the company's dollar-based net retention rate fell from 117% to 111%, suggesting it may need to increase its focus on customer satisfaction and retention strategies.
In conjunction with the earnings report, Braze also announced an agreement to acquire OfferFit, a deal that is intended to enhance Braze's AI capabilities and refine its personalization and cross-channel engagement strengths. Additionally, earlier this month, it announced a strategic partnership with Shopify.
Looking Ahead
For its fiscal 2026, Braze is guiding for revenue of between $686 million and $691 million -- up from $593.4 million in fiscal 20205 -- indicating strong confidence in its growth and market expansion. It intends to leverage ongoing AI and technological advancements to maintain its leadership in customer engagement solutions.
Investors should monitor Braze's integration of OfferFit and scrutinize any changes in its retention rates. These factors will be critical to Braze's trajectory and growth strategy.
Where to invest $1,000 right now
When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor’s total average return is 845% — a market-crushing outperformance compared to 165% for the S&P 500.*
They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of March 24, 2025
JesterAI is a Foolish AI, based on a variety of Large Language Models (LLMs) and proprietary Motley Fool systems. All articles published by JesterAI are reviewed by our editorial team, and The Motley Fool takes ultimate responsibility for the content of this article. JesterAI cannot own stocks and so it has no positions in any stocks mentioned. The Motley Fool recommends Braze. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Braze's Fiscal Q4 Results Top Forecast

The following companies are expected to report earnings after hours on 03/27/2025. Visit our Earnings Calendar for a full list of expected earnings releases.
lululemon athletica inc. (LULU)is reporting for the quarter ending January 31, 2025. The textile company's consensus earnings per share forecast from the 15 analysts that follow the stock is $5.85. This value represents a 10.59% increase compared to the same quarter last year. In the past year LULU has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 6.69%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for LULU is 23.49 vs. an industry ratio of 14.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Braze, Inc. (BRZE)is reporting for the quarter ending January 31, 2025. The internet software company's consensus earnings per share forecast from the 7 analysts that follow the stock is $-0.21. This value represents a 27.59% increase compared to the same quarter last year. In the past year BRZE has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 10.71%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for BRZE is -38.09 vs. an industry ratio of -52.20, implying that they will have a higher earnings growth than their competitors in the same industry.
AAR Corp. (AIR)is reporting for the quarter ending February 28, 2025. The aerospace and defense company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.96. This value represents a 12.94% increase compared to the same quarter last year. In the past year AIR has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 8.43%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for AIR is 18.49 vs. an industry ratio of 35.40.
Oxford Industries, Inc. (OXM)is reporting for the quarter ending January 31, 2025. The textile company's consensus earnings per share forecast from the 1 analyst that follows the stock is $1.28. This value represents a 32.63% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for OXM is 9.33 vs. an industry ratio of 14.90.
Abacus Global Management, Inc. (ABL)is reporting for the quarter ending December 31, 2024. The life insurance company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.13. This value represents a 230.00% increase compared to the same quarter last year. In the past year ABL and beat the expectations the other two quarters. Zacks Investment Research reports that the 2024 Price to Earnings ratio for ABL is 11.63 vs. an industry ratio of 10.00, implying that they will have a higher earnings growth than their competitors in the same industry.
TMC the metals company Inc. (TMC)is reporting for the quarter ending December 31, 2024. The mining company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.06. This value represents a 45.45% increase compared to the same quarter last year. The days to cover, as reported in the 3/14/2025 short interest update, increased 131.42% from previous report on 2/28/2025. Zacks Investment Research reports that the 2024 Price to Earnings ratio for TMC is -7.55 vs. an industry ratio of -13.00, implying that they will have a higher earnings growth than their competitors in the same industry.
Sky Harbour Group Corporation (SKYH)is reporting for the quarter ending December 31, 2024. The aerospace and defense company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.11. This value represents a 81.97% increase compared to the same quarter last year. Zacks Investment Research reports that the 2024 Price to Earnings ratio for SKYH is -130.40 vs. an industry ratio of 35.40.
KULR Technology Group, Inc. (KULR)is reporting for the quarter ending December 31, 2024. The consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.02. KULR reported earnings of $-0.04 per share for the same quarter a year ago; representing a a decrease of -50.00%.Gevo, Inc. (GEVO)is reporting for the quarter ending December 31, 2024. The alternative energy company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.11. This value represents a 37.50% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2024 Price to Earnings ratio for GEVO is -2.93 vs. an industry ratio of 40.60.
HireQuest, Inc. (HQI)is reporting for the quarter ending December 31, 2024. The staffing company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.17. This value represents a 466.67% increase compared to the same quarter last year. HQI missed the consensus earnings per share in the 1st calendar quarter of 2024 by -14.29%. INmune Bio Inc. (INMB)is reporting for the quarter ending December 31, 2024. The biomedical (gene) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.53. This value represents a 12.77% decrease compared to the same quarter last year. The "days to cover" for this stock exceeds 26 days. Zacks Investment Research reports that the 2024 Price to Earnings ratio for INMB is -3.45 vs. an industry ratio of -5.40, implying that they will have a higher earnings growth than their competitors in the same industry.
FitLife Brands, Inc. (FTLF)is reporting for the quarter ending December 31, 2024. The medical products company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.23. This value represents a 53.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2024 Price to Earnings ratio for FTLF is 14.81 vs. an industry ratio of -2.00, implying that they will have a higher earnings growth than their competitors in the same industry.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.