Deep Dive Into Braze Stock: Analyst Perspectives (13 Ratings)
Portfolio Pulse from Benzinga Insights
Braze (NASDAQ:BRZE) has received mixed analyst ratings over the past three months, with a majority being bullish. The average 12-month price target is $61.15, a decrease from the previous $63.62. Analysts have adjusted their ratings and price targets based on market conditions and company performance. Braze's financial performance shows strong revenue growth but challenges in profitability and asset utilization.
September 24, 2024 | 6:01 pm
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Braze has received a mix of bullish and somewhat bullish ratings from analysts, with an average price target of $61.15. The company's strong revenue growth contrasts with its challenges in profitability and asset utilization.
The article provides a detailed analysis of Braze's recent analyst ratings, which are predominantly bullish. The average price target has decreased slightly, indicating some caution among analysts. Despite strong revenue growth, the company's profitability metrics are below industry averages, which may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100