Braze Inc. (BRZE) Rallies 13.6% as Firm Raises Growth Outlook

We recently published Monstrous Gains: 10 Stocks Leaving Wall Street in the Dust. Braze, Inc. (NASDAQ:BRZE) is one of the best performers on Friday.

Braze Inc. rallied for a second day on Friday, jumping 13.59 percent to end at $31.42 apiece after raising its revenue growth outlook for the full fiscal period of 2026.

In an updated report, Braze, Inc. (NASDAQ:BRZE) said it now expects revenues of $717 million to $720 million, as compared with its previous outlook of $702 million to $706 million, on the back of new business wins and existing customer expansions during the quarter. Net income was targeted at $45.5 million to $46.5 million.

Braze Inc. (BRZE) Rallies 13.6% as Firm Raises Growth Outlook

For the third quarter alone, the company said it expects revenues to hit $183.5 million to $184.5 million, and net income of $6.5 million to $7.5 million.

“Looking ahead, Braze is focused on AI solutions that will empower brands to transform the customer engagement experience for marketers and end users alike, driving high ROI for our customers and Braze,” said CEO Bill Magnuson.

In the second quarter of the fiscal year, Braze, Inc. (NASDAQ:BRZE) widened its attributable net loss by 21 percent to $27.9 million from $23 million in the same period last year. Revenues increased by 23.8 percent to $180.1 million from $145.5 million year-on-year, primarily driven by new customers, upsells, and renewals.

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