Braze (BRZE) Climbs 7.9% on Bullish Rating

Braze Inc. (NASDAQ:BRZE) is one of the 10 Stocks Investors Dominating the Market Today.

Braze rallied for a second day on Thursday, jumping 7.92 percent to close at $23.31 apiece, as investors took heart from an investment firm’s bullish rating and price target for the stock.

In a market note, JPMorgan raised its price target for Braze Inc. (NASDAQ:BRZE) to $33 from $32, previously, while maintaining an “outperform” rating. The figure marked a 41.6 percent upside from its latest closing price.

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JPMorgan’s coverage followed Braze Inc.’s (NASDAQ:BRZE) earnings call, where it announced targets of swinging to $69 million to $73 million in net profits this year, or a reversal of its $130.8 million net loss in fiscal 2026.

Revenues are also targeted to grow by 19.8 to 20.5 percent year-on-year to a range of $884 million to $889 million, versus $738 million in the last fiscal period.

Last year, revenues surged by 24 percent from $593 million, primarily driven by new customers, upsells, and renewals.

In the last quarter of fiscal 2026, ending January, Braze Inc. (NASDAQ:BRZE) also widened its net loss by 85 percent to $31.58 million from $17.06 million in the same quarter a year earlier. Revenues, however, grew by 28 percent to $205.17 million from $160.4 million.

To boost shareholder value, Braze Inc. (NASDAQ:BRZE) announced plans to repurchase $100 million worth of its shares, $50 million of which are targeted for accelerated implementation.

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