Braze Inc (NASDAQ:BRZE) shares, rose in value, with the stock price up by 8.01% to the previous day’s close as strong demand from buyers drove the stock to $39.64.
Actively observing the price movement in the recent trading, the stock is buoying the session at $36.70, falling within a range of $38.7 and $43.89. Referring to stock’s 52-week performance, its high was $48.33, and the low was $29.18. On the whole, BRZE has fluctuated by 9.14% over the past month.
With the market capitalization of Braze Inc currently standing at about $4.10 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 690.91M, with a low estimate of 158M and a high estimate of 159.46M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 158.73M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BRZE’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of BRZE currently trading nearly 10.45% and -0.29% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.84, while the 7-day volatility ratio is showing 4.90% which for the 30-day chart, stands at 4.93%. Furthermore, Braze Inc (BRZE)’s beta value is 1.14, and its average true range (ATR) is 2.18.
A comparison of Braze Inc (BRZE) with its peers suggests the former has fared considerably weaker in the market. BRZE showed an intraday change of 8.01% in today’s session so far, and over the past year, it shrunk by -19.79%%.
Data on historical trading for Braze Inc (NASDAQ:BRZE) indicates that the trading volumes over the past 10 days have averaged 1.28 and over the past 3 months, they’ve averaged 1.21 million. According to company’s latest data on outstanding shares, there are 82.53 million shares outstanding.
Nearly 33.16% of Braze Inc’s shares belong to company insiders and institutional investors own 64.74% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.14 million shares as on 2025-03-14, resulting in a short ratio of 3.26. According to the data, the short interest in Braze Inc (BRZE) stood at 504.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.25 million. The stock has fallen by -5.35% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BRZE stock heading into the next quarter.