Braze, Inc. (BRZE) has experienced a recent downtrend, falling 17.3% in the last four weeks. However, the stock is currently in oversold territory, and Wall Street analysts are raising their earnings estimates for the company. This combination of technical and fundamental factors suggests a potential rebound for BRZE in the near future.
Braze, Inc. (BRZE) exceeded analyst expectations for both earnings and revenue in its second quarter. Revenue grew 26.4% year-over-year, driven by new customers, upsells, and renewals. Despite the positive results, Braze’s stock declined after-hours.
Braze, Inc. (BRZE) is set to release its second-quarter fiscal 2025 earnings on September 5th. While revenue growth is anticipated, the potential for an earnings beat remains uncertain. The company’s subscription business is expected to drive revenue growth, but its Zacks Rank and Earnings ESP don’t strongly suggest an earnings surprise.
