Where is Braze Inc (BRZE) Headed According to the Street?

Braze Inc (NASDAQ:BRZE) is one of the best small-cap stocks with huge growth potential. Stifel cut the price target on Braze Inc (NASDAQ:BRZE) to $40 from $45 on February 9 and maintained a Buy rating on the shares, telling investors that a flurry of announcements from model providers and AI-natives have recently driven Braze Inc (NASDAQ:BRZE) sentiment sharply lower. Stifel, however, sees the company as a potential AI winner and believes that it is “a prime example of a company with an overlooked moat”.

Why Braze, Inc. (BRZE) Crashed On Friday

In a separate development, Piper Sandler cut the price target on Braze Inc (NASDAQ:BRZE) to $30 from $50 on February 2, reiterating an Overweight rating on the shares after a transfer of coverage. The firm told investors that it downgraded three names and cut price targets across the platforms and apps group, stating that “seat-compression and vibe coding narratives could set a ceiling on multiples.”

Braze Inc (NASDAQ:BRZE) also received a rating update from Goldman Sachs on January 28, with the firm lowering the price target on the stock to $45 from $55 while maintaining a Buy rating on the shares.

Braze Inc (NASDAQ:BRZE) operates a customer relationship management platform for mobile applications, with the application combining messaging, audience segmentation, analytics, and user support in a single integrated solution. The company offers push notifications, in-app messages, email, and news feed services.

While we acknowledge the potential of BRZE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BRZE and that has 100x 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.