Analyst Expectations For Braze's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Braze (NASDAQ:BRZE) over the past three months, with a majority being somewhat bullish. The average 12-month price target has decreased by 6.07% to $59.88. Braze has shown strong revenue growth but faces challenges with profitability and financial returns.
August 26, 2024 | 6:00 pm
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Braze has received mixed analyst ratings, with a majority being somewhat bullish. The average price target has decreased by 6.07% to $59.88. Despite strong revenue growth, Braze faces challenges with profitability and financial returns.
The mixed analyst ratings and decrease in average price target suggest a neutral short-term impact on Braze's stock price. While the company shows strong revenue growth, its profitability challenges may offset positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100