Braze (BRZE) Soars 19.9% as Firm Targets Profitability This Year

Braze Inc. (NASDAQ:BRZE) is one of the 10 Stocks Investors Are Buying Now.

Braze soared by 19.87 percent on Wednesday to finish at $21.60 apiece, after the company posted an upbeat outlook for fiscal year 2027, saying that it expects to officially swing to profitability.

In an updated report, Braze Inc. (NASDAQ:BRZE) said that it is targeting a non-GAAP net income of $69 million to $73 million, or a reversal of its $130.8 million net loss in fiscal 2026.

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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.

On the same day, Braze Inc. (NASDAQ:BRZE) announced plans to repurchase $100 million worth of its shares, $50 million of which are targeted for accelerated implementation.

“As we enter fiscal 2027, our financial profile is sound, and we are pleased that our strong balance sheet and consistent cash generation provide us with the flexibility to invest in our business while returning capital to shareholders. This authorization provides us with the flexibility to opportunistically return capital while maintaining the strong liquidity needed to pursue our ambitious roadmap for durable, profitable growth,” CFO Isabelle Winkles said.

“We are proud of the scale we have achieved and view this share repurchase program as a clear signal of our Board and management team’s confidence in our strategy, our market opportunity, and our ability to execute against our financial goals,” she added.

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