Braze Inc. (BRZE) Among Wells Fargo’s Tactical Ideas for 2026

Braze, Inc. (NASDAQ:BRZE)  is one of the 15 software stocks with the highest upside potential. On January 5, the company was added to Wells Fargo’s Q1 2026 Tactical Ideas List. Wells Fargo analyst Ryan MacWilliams pointed to expected momentum into early 2026 supported by a favorable mobile app development environment, potential fourth-quarter growth acceleration, and tailwinds from consumer AI use cases. The firm reaffirmed its Overweight rating and $45 price target for the shares.

Why Braze, Inc. (BRZE) Crashed On Friday

Additionally, Scott Berg of Needham also reiterated a Buy rating on the stock on December 31. He also maintained the price target of $50 for the shares. The rating was based on the company’s strong competitive position and attractive growth outlook into CY26 and beyond. He named Braze as his top pick for 2026, citing a favorable environment for marketing and customer engagement software as enterprises begin to reallocate budgets toward GenAI-enabled engagement tools. He believes that the company’s largely consumer-focused customer base is well positioned to rapidly adopt and benefit from these new AI-driven capabilities, driving increased demand for its platform.

Berg also highlighted Braze’s operating performance as evidence of a durable growth profile not fully reflected in consensus forecasts. Trailing 12-month dollar-based net retention remains solid, running in the high single-digits above 100%. Based on this stability, Berg expects the company to reaccelerate to revenue growth above 20% in FY27.

Braze, Inc. (NASDAQ:BRZE) operates a customer engagement platform. The company’s platform offers interactions between consumers and brands globally. It was founded in 2011 and is based in New York, New York.

While we acknowledge the risk and potential of BRZE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BRZE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.