Professional
Added to YB: 2024-12-11
Pitch date: 2024-12-10
BRZE [bullish]
Braze, Inc.
-20.4%
current return
Author Info
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Company Info
Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide.
Market Cap
$3.2B
Pitch Price
$41.61
Price Target
48.00 (+45%)
Dividend
N/A
EV/EBITDA
-32.00
P/E
-27.61
EV/Sales
4.46
Sector
Software
Category
growth
Show full summary:
Piper Sandler's $48 Price Target Highlights Long-Term Potential for Braze (BRZE)
BRZE (buy on weakness): Piper Sandler 'Buy' PT $48. Q3: 24% sub rev & cRPO growth, strong enterprise traction, AI momentum. Growth bottoming timing unclear. 21% YTD selloff + 5% AH. Buy on weakness: improving margins, enterprise product differentiation, large replacement opp, 5.0x CY26E EV/S.
Read full article (1 min)