BRZE Stock Summary and Trading Ideas (Braze - Class A | NASDAQ:BRZE)

Braze Inc is a customer engagement platform that powers customer-centric interactions between consumers and brands. The company provides solutions for Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality related industries. The company offers a single, vertically integrated platform that encompasses the various functionalities, or layers, required for modern customer engagement: data ingestion, classification, orchestration, personalization, and action, all of which is supported by Sage AI by Braze, its AI engine designed to power AI functionality across all layers of this stack. It generates a majority of its revenue from the United States.

Braze - Class A trades on the NASDAQ stock market under the symbol BRZE.

As of December 20, 2024, BRZE stock price climbed to $44.31 with 2,113,537 million shares trading.

BRZE has a beta of 1.85, meaning it tends to be more sensitive to market movements. BRZE has a correlation of 0.25 to the broad based SPY ETF.

BRZE has a market cap of $4.59 billion. This is considered a Mid Cap stock.

Last quarter Braze - Class A reported $152 million in Revenue and -$.02 earnings per share. This beat revenue expectation by $4 million and missed earnings estimates by -$.02.

In the last 3 years, BRZE traded as high as $82.29 and as low as $22.54.

The top ETF exchange traded funds that BRZE belongs to (by Net Assets): IWM, VTI, VB, VGT, VXF.

BRZE has underperformed the market in the last year with a return of -14.7%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BRZE shares. However, BRZE has outperformed the market in the last 3 month and 2 week periods, returning +21.8% and +6.9%, while SPY returned +4.4% and -2.4%, respectively. This indicates BRZE has been having a stronger performance recently.

BRZE support price is $42.48 and resistance is $45.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BRZE shares will trade within this expected range on the day.