(BRZE) Braze - Overview

Sector: Technology | Industry: Software - Application | Exchange: NASDAQ (USA) | Market Cap: 2.368m USD | Total Return: -39.1% in 12m

Customer Engagement, Marketing Automation, Data Integration, Messaging Software

Total Rating 39

Safety 17

Buy Signal 0.20

Software - Application
Industry Rotation: +16.9

Market Cap: 2.37B
Avg Turnover: 48.9M

Risk 3d forecast

Volatility69.2%

VaR 5^th Pctl12.1%

VaR vs Median5.93%

Reward TTM

Sharpe Ratio-0.57

Rel. Str. IBD24

Rel. Str. Peer Group62.7

Character TTM

Beta1.412

Beta Downside1.916

Hurst Exponent0.512

Drawdowns 3y

Max DD73.56%

CAGR/Max DD-0.19

CAGR/Mean DD-0.41

EPS (Earnings per Share)

EPS CAGR: 31.61%
EPS Trend: 59.0%

Last SUE: -0.16
Qual. Beats: 0

Revenue

Rev. CAGR: 29.65%
Rev. Trend: 99.3%

Last SUE: 3.90
Qual. Beats: 11

Warnings

Altman Z'' -3.71 < 1.0 - financial distress zone

Tailwinds

Tailwind, Pullback Swing

Description: BRZE Braze

Braze, Inc. (BRZE) operates a cloud-based customer engagement platform designed to facilitate real-time interactions between consumers and brands. The company’s infrastructure utilizes software development kits (SDKs) and APIs to ingest data and deploy multi-channel messaging, including mobile push notifications, in-app messages, and email. Its technical architecture supports deep integration with data warehouses like Snowflake, allowing brands to synchronize user cohorts and automate workflows across complex technology stacks.

The business model follows a Software-as-a-Service (SaaS) structure, which typically benefits from high recurring revenue and scalability within the Application Software sector. Braze distinguishes itself through a stream-processing engine rather than traditional batch processing, enabling brands to act on consumer behavior as it occurs. This real-time capability is critical in the customer engagement market, where personalized timing significantly impacts conversion rates.

The platform includes a suite of advanced orchestration and analytics tools, such as Canvas for journey mapping and AI-driven features for content generation and predictive modeling. These tools allow marketing and product teams to segment audiences based on predictive propensity scores and automate personalized messaging variants. Evaluate the companys competitive positioning further by reviewing detailed metrics on ValueRay.

Founded in 2011 and headquartered in New York, the company rebranded from Appboy to Braze in 2017. It operates within the broader MarTech (marketing technology) ecosystem, competing on the basis of data agility and the ability to manage high-velocity data streams across diverse digital touchpoints.

Headlines to Watch Out For

Expansion of enterprise customer base drives high-margin recurring subscription revenue growth
Increased adoption of AI-driven orchestration tools improves platform stickiness and pricing power
Growth in international market penetration scales global revenue and operational footprint
Integration with cloud data warehouses reduces friction for large-scale data ingestion
Rising competition in the marketing automation space pressures customer acquisition costs

Piotroski VR‑10 (Strict) 5.5

Net Income: -131.3m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA 3.20 > 1.0
NWC/Revenue: 19.98% < 20% (prev 53.85%; Δ -33.87% < -1%)
CFO/TA 0.06 > 3% & CFO 71.4m > Net Income -131.3m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.35 > 1.5 & < 3
Outstanding Shares: last quarter (108.5m) vs 12m ago 5.46% < -2%
Gross Margin: 67.15% > 18% (prev 0.69%; Δ 6.65k% > 0.5%)
Asset Turnover: 74.39% > 50% (prev 68.13%; Δ 6.26% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM)

Altman Z'' -3.71

A: 0.13 (Total Current Assets 567.9m - Total Current Liabilities 420.4m) / Total Assets 1.11b
B: -0.64 (Retained Earnings -718.1m / Total Assets 1.11b)
C: -0.14 (EBIT TTM -139.4m / Avg Total Assets 992.4m)
D: -1.46 (Book Value of Equity -716.3m / Total Liabilities 489.6m)
Altman-Z'' Score: -3.71 = D

Beneish M -1.86

DSRI: 0.96 (Receivables 122.3m/102.0m, Revenue 738.2m/593.4m)
GMI: 1.03 (GM 67.15% / 69.13%)
AQI: 3.00 (AQ_t 0.39 / AQ_t-1 0.13)
SGI: 1.24 (Revenue 738.2m / 593.4m)
TATA: -0.18 (NI -131.3m - CFO 71.4m) / TA 1.11b)
Beneish M-Score: -1.86 (Cap -4..+1) = B

What is the price of BRZE shares? As of May 19, 2026, the stock is trading at USD 21.58 with a total of 2,151,167 shares traded.
Over the past week, the price has changed by +4.10%, over one month by -9.06%, over three months by +25.61% and over the past year by -39.14%.

Is BRZE a buy, sell or hold? 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

What are the forecasts/targets for the BRZE price?

Analysts Target Price	34.7	60.8%

Braze (BRZE) - Fundamental Data Overview as of 19 May 2026

P/E Forward = 33.67
P/S = 3.2074
P/B = 3.9504
P/EG = 1.1225
Revenue TTM = 738.2m USD
EBIT TTM = -139.4m USD
EBITDA TTM = -120.3m USD
Long Term Debt = 82.7m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 19.3m USD (from shortTermDebt, last quarter)
Debt = 82.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -329.3m USD (recalculated: Debt 82.7m - CCE 411.9m)
Enterprise Value = 2.04b USD (2.37b + Debt 82.7m - CCE 411.9m)
Interest Coverage Ratio = unknown (Ebit TTM -139.4m / Interest Expense TTM 0.0)
EV/FCF = 33.53x (Enterprise Value 2.04b / FCF TTM 60.8m)
FCF Yield = 2.98% (FCF TTM 60.8m / Enterprise Value 2.04b)
FCF Margin = 8.24% (FCF TTM 60.8m / Revenue TTM 738.2m)
Net Margin = -17.79% (Net Income TTM -131.3m / Revenue TTM 738.2m)
Gross Margin = 67.15% ((Revenue TTM 738.2m - Cost of Revenue TTM 242.5m) / Revenue TTM)
Gross Margin QoQ = 65.48% (prev 67.18%)
Tobins Q-Ratio = 1.83 (Enterprise Value 2.04b / Total Assets 1.11b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 82.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = -110.1m (EBIT -139.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.35 (Total Current Assets 567.9m / Total Current Liabilities 420.4m)
Debt / Equity = 0.13 (Debt 82.7m / totalStockholderEquity, last quarter 623.8m)
Debt / EBITDA = 2.74 (negative EBITDA) (Net Debt -329.3m / EBITDA -120.3m)
Debt / FCF = -5.42 (Net Debt -329.3m / FCF TTM 60.8m)
Total Stockholder Equity = 574.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -13.23% (Net Income -131.3m / Total Assets 1.11b)
RoE = -22.84% (Net Income TTM -131.3m / Total Stockholder Equity 574.8m)
RoCE = -21.21% (EBIT -139.4m / Capital Employed (Equity 574.8m + L.T.Debt 82.7m))
RoIC = -19.16% (negative operating profit) (NOPAT -110.1m / Invested Capital 574.8m)
WACC = 10.58% (E(2.37b)/V(2.45b) * Re(10.95%) + D(82.7m)/V(2.45b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 10.95% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 4.70%
[DCF] Terminal Value 59.94% ; FCFF base≈44.3m ; Y1≈29.1m ; Y5≈13.3m
[DCF] Fair Price = 4.51 (EV 182.5m - Net Debt -329.3m = Equity 511.7m / Shares 113.4m; r=10.58% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 59.03 | EPS CAGR: 31.61% | SUE: -0.16 | # QB: 0
Revenue Correlation: 99.30 | Revenue CAGR: 29.65% | SUE: 3.90 | # QB: 11
EPS current Quarter (2026-07-31): EPS=0.15 | Chg30d=+0.00% | Revisions=+0% | Analysts=20
EPS current Year (2027-01-31): EPS=0.63 | Chg30d=+0.00% | Revisions=-20% | GrowthEPS=+66.7% | GrowthRev=+20.3%
EPS next Year (2028-01-31): EPS=0.98 | Chg30d=+0.00% | Revisions=+18% | GrowthEPS=+55.2% | GrowthRev=+16.9%
[Analyst] Revisions Ratio: -20%