BRZE Stock Analysis: Braze | NASDAQ
Software - Application | NASDAQ, USA | Market Cap: 2.996m USD | 12M Return: -6.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 52.3M
Qual. Beats: 0
Rev. Trend: 99.8%
Qual. Beats: 12
Warnings
Tailwinds
No distinct edge detected
Seasonality 4.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Braze (NASDAQ: BRZE) operates a cloud-based customer engagement platform that enables brands to manage and deliver personalized marketing interactions across mobile, web, email, and in-app channels. Its offerings span data ingestion tools (SDKs, REST APIs, and cloud data connections), audience segmentation and predictive analytics, orchestration capabilities like the Canvas workflow tool, and a growing suite of AI-powered features such as the Liquid assistant, AI copywriter, and agent console for decisioning.
The company follows a software-as-a-service (SaaS) business model within the marketing technology sector, serving global consumer brands and monetizing through platform subscriptions rather than transactional usage fees. Headquartered in New York, Braze was founded in 2011 as Appboy before rebranding in 2017, and completed its IPO on NASDAQ in November 2021.
- International revenue expansion accelerates as EMEA customer base scales
- AI-driven personalization tools intensify competition with Klaviyo and Adobe
- Net retention rate softening pressures valuation multiple and margin path
| Net Income: -122.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 2.55 > 1.0 |
| NWC/Revenue: 13.36% < 20% (prev 50.85%; Δ -37.49% < -1%) |
| CFO/TA 0.07 > 3% & CFO 75.4m > Net Income -122.1m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (110.8m) vs 12m ago 5.95% < -2% |
| Gross Margin: 66.46% > 18% (prev 69.44%; Δ -2.98% > 0.5%) |
| Asset Turnover: 79.50% > 50% (prev 69.73%; Δ 9.77% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.10 (Total Current Assets 546.7m - Total Current Liabilities 441.5m) / Total Assets 1.09b |
| B: -0.68 (Retained Earnings -744.7m / Total Assets 1.09b) |
| C: -0.13 (EBIT TTM -128.1m / Avg Total Assets 990.1m) |
| D: 1.15 (Book Value of Equity 581.7m / Total Liabilities 507.9m) |
| Altman-Z'' = -1.26 = CCC |
| DSRI: 1.06 (Receivables 122.7m/91.0m, Revenue 787.1m/620.0m) |
| GMI: 1.04 (GM 69.44% / 66.46%) |
| AQI: 3.05 (AQ_t 0.40 / AQ_t-1 0.13) |
| SGI: 1.27 (Revenue 787.1m / 620.0m) |
| TATA: -0.18 (NI -122.1m - CFO 75.4m) / TA 1.09b) |
| Beneish M = -1.54 (Cap -4..+1) = CCC |
As of July 19, 2026, the stock is trading at USD 26.50 with a total of 2,146,712 shares traded. Over the past week, the price has changed by +5.45%, over one month by +31.38%, over three months by +16.95% and over the past year by -6.16%.
Current recommended Stop Loss: 24.20 (which is 8.7% or 1.6 ATR below the current price).
Braze has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy BRZE.
- StrongBuy: 11
- Buy: 8
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 34.5 | 30% |
P/E Forward = 41.4938
P/S = 3.8063
P/B = 5.1487
P/EG = 1.3849
Revenue TTM = 787.1m USD
EBIT TTM = -128.1m USD
EBITDA TTM = -105.3m USD
Long Term Debt = 61.7m USD (estimated: total debt 81.5m - short term 19.8m)
Short Term Debt = 19.8m USD (from shortTermDebt, last quarter)
Debt = 81.5m USD (from shortLongTermDebtTotal, last quarter) (leases 81.5m already included)
Net Debt = -306.1m USD (calculated: Debt 81.5m - CCE 387.5m)
Enterprise Value = 2.69b USD (3.00b + Debt 81.5m - CCE 387.5m)
Interest Coverage Ratio = unknown (Ebit TTM -128.1m / Interest Expense TTM 0.0)
EV/FCF = 40.79x (Enterprise Value 2.69b / FCF TTM 65.9m)
FCF Yield = 2.45% (FCF TTM 65.9m / Enterprise Value 2.69b)
FCF Margin = 8.38% (FCF TTM 65.9m / Revenue TTM 787.1m)
Net Margin = -15.51% (Net Income TTM -122.1m / Revenue TTM 787.1m)
Gross Margin = 66.46% ((Revenue TTM 787.1m - Cost of Revenue TTM 264.0m) / Revenue TTM)
Gross Margin QoQ = 65.72% (prev 65.48%)
Tobins Q-Ratio = 2.47 (Enterprise Value 2.69b / Total Assets 1.09b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 81.5m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -101.2m (EBIT -128.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.24 (Total Current Assets 546.7m / Total Current Liabilities 441.5m)
Debt / Equity = 0.14 (Debt 81.5m / totalStockholderEquity, last quarter 581.7m)
Debt / EBITDA = 2.91 (negative EBITDA) (Net Debt -306.1m / EBITDA -105.3m)
Debt / FCF = -4.64 (Net Debt -306.1m / FCF TTM 65.9m)
Total Stockholder Equity = 601.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -12.33% (Net Income -122.1m / Total Assets 1.09b)
RoE = -20.29% (Net Income TTM -122.1m / Total Stockholder Equity 601.6m)
RoCE = -19.31% (EBIT -128.1m / Capital Employed (Equity 601.6m + L.T.Debt 61.7m))
RoIC = -16.06% (negative operating profit) (NOPAT -101.2m / Invested Capital 630.0m)
WACC = 11.15% (E(3.00b)/V(3.08b) * Re(11.45%) + D(81.5m)/V(3.08b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 11.45% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.91 | Cagr: 5.34%
[DCF] Terminal Value 69.48% ; FCFF base≈52.0m ; Y1≈59.6m ; Y5≈87.7m
[DCF] Fair Price = 10.55 (EV 882.3m - Net Debt -306.1m = Equity 1.19b / Shares 112.6m; r=11.15% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.02 | # QB: 0
Revenue Correlation: 99.81 | Revenue CAGR: 25.70% | SUE: 3.11 | # QB: 12
EPS current Quarter (2026-07-31): EPS=0.15 | Chg30d=+0.00% | Revisions=+11% | Analysts=20
EPS next Quarter (2026-10-31): EPS=0.16 | Chg30d=-0.31% | Revisions=-5% | Analysts=20
EPS current Year (2027-01-31): EPS=0.63 | Chg30d=+0.00% | Revisions=+17% | GrowthEPS=+66.5% | GrowthRev=+21.7%
EPS next Year (2028-01-31): EPS=0.97 | Chg30d=-0.75% | Revisions=-19% | GrowthEPS=+53.1% | GrowthRev=+16.5%
[Analyst] Revisions Ratio: +0% (up=33, down=33)