Oppenheimer Reiterates Outperform Rating on Braze Inc (BRZE)

Oppenheimer analyst Brian Schwartz reiterated an Outperform rating and $38.00 price target on Braze Inc (NASDAQ: BRZE).

The analyst commented: "We reiterate our Outperform rating and present customer survey results, which can provide a real-time assessment of business conditions and installed-base trends that will drive fundamentals for Braze through year-end and in 2026. The survey paints a complex picture. Current demand looks stable through year-end, and confidence in secular growth trends remains intact (i.e., AI and personalization). But customers are cautious on next year's spending outlook. Bottom Line: The survey suggests stable NRR and year-end spending plans with Braze, which raises confidence in estimates. However, AI fears remain companions to the stock, seemingly unlikely to abate soon, although Braze appears well-positioned for the AI future with its numerous and referenceable AI-optimized marketing use cases"

For an analyst ratings summary and ratings history on Braze Inc click here. For more ratings news on Braze Inc click here.

Shares of Braze Inc closed at $28.27 yesterday.

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