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Added to YB: 2025-04-16

Pitch date: 2025-04-15

BRZE [bullish]

Braze, Inc.

+18.34%

current return

Author Info

Company Info

Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide.

Market Cap

$3.2B

Pitch Price

$28.68

Price Target

N/A

Dividend

N/A

EV/EBITDA

-32.00

P/E

-27.61

EV/Sales

4.46

Sector

Software

Category

value

Show full summary:
New Portfolio Addition: Revisiting a Category Leader in Customer Engagement (BRZE)

BRZE: Added at $30/share (~$3.1B mkt cap, 4.7x EV/rev). Customer engagement platform for real-time, cross-channel messaging. Competes w/Iterable, SFMC. 70% gross margins, FCF positive. 26% rev growth (FY25 $593M → FY26E $686-691M). 111% NRR, 2.3k customers. Moat: real-time architecture, sticky SDK. OfferFit AI acquisition ($325M) for reinforcement learning.

Read full article (22 min)