Braze, Inc. (BRZE) Stock Price & How to Invest
Last updated July 2026
Short answer
Braze (BRZE) is a way to own a pure-play, cloud-native customer engagement platform growing revenue in the low-to-mid 20% range, where the story is durable software growth and AI adoption balanced against GAAP losses and a rich revenue multiple.
BRZE stock price
As of 2026-07-14, Braze, Inc. (BRZE) last closed at $26.87, down 0.7% over the past year. Over the past 52 weeks it has traded between $15.79 and $36.19.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or Braze, Inc.'s investor relations page. Walnut is informational, not investment advice.
What does Braze, Inc. (BRZE) do?
Braze, Inc. operates a customer engagement platform that lets brands collect real-time behavioral data and orchestrate personalized messaging across channels such as push notifications, in-app messages, email, SMS, and WhatsApp. Customers use Braze to build automated cross-channel campaigns, run experiments, and act on live user data, and the company increasingly layers AI-powered tools for content creation, segmentation, and optimization on top of that core. It sells primarily to consumer-facing businesses in retail, media, financial services, and technology, and monetizes through subscription contracts that scale with message volume and data points.
The investment picture is a classic high-growth software profile. Fiscal 2026 (ended January 2026) revenue reached about $738 million, up roughly 24% year over year, and the most recent quarter accelerated to about 30% growth, with management raising full-year guidance on strong AI uptake. The counterweight is that Braze is still unprofitable on a GAAP basis, though losses are narrowing and free cash flow has turned positive, and the stock carries a premium price-to-sales multiple that leaves it sensitive to any slowdown in growth or net revenue retention. For investors, BRZE is a growth-and-execution bet on the company widening its lead in customer engagement while marching toward sustained profitability.
What's driving Braze, Inc. (BRZE)?
1. Durable revenue growth and re-acceleration
Braze grew fiscal 2026 revenue about 24% to roughly $738 million, and its most recent quarter (ended April 2026) rose about 30% year over year to around $211 million, which management framed as a fourth consecutive quarter of organic growth acceleration. Full fiscal 2027 revenue guidance of roughly $895 million to $899 million implies about 22% growth. Sustaining growth above 20% is the central pillar of the story.
2. AI-powered product expansion
Braze has been adding AI features for content generation, audience segmentation, and campaign optimization, and management cites strong demand for these tools as a driver of the guidance raise. AI can increase the value customers get from the platform and support higher spending per account. It also positions Braze against larger vendors racing to embed generative AI into marketing workflows.
3. Improving margins and cash flow
Net losses have narrowed and the company reported record free cash flow of about $27 million in its most recent quarter. Braze also authorized a $100 million share repurchase program, a signal of confidence in its cash generation. The path from GAAP losses toward sustained profitability is a key part of how the stock could re-rate.
4. Enterprise adoption and net retention
Dollar-based net retention was about 109% across all customers and about 110% for larger accounts with $500,000 or more in annual recurring revenue for the trailing period ended January 2026. Land-and-expand within large enterprise logos is how Braze compounds revenue from existing customers. Keeping net retention healthy is a closely watched health metric for the model.
What are the risks to Braze, Inc. (BRZE)?
Braze remains unprofitable on a GAAP basis, so continued losses or slower progress toward profitability could weigh on sentiment. The stock trades at a premium price-to-sales multiple, which makes it sensitive to any deceleration in revenue growth or softening in net revenue retention. Competition is intense and includes far larger vendors such as Salesforce, Adobe, and Twilio, as well as focused rivals like Iterable and MoEngage, which can pressure pricing and win rates. Marketing and engagement software spending is discretionary and can contract when customers cut budgets in a weaker economy. The shares have also been volatile, trading in a wide 52-week band, and the dual-class structure concentrates voting control with insiders.
How is Braze, Inc. (BRZE) valued? (approximate, JULY 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Braze, Inc.'s investor relations page or your broker.
- Revenue (TTM): ~$787M
- FY2026 revenue (ended Jan 2026): ~$738M (+24% YoY)
- Q1 FY2027 revenue (ended Apr 2026): ~$211M (+30% YoY)
- FY2027 revenue guidance: ~$895M-$899M (~22% growth)
- Net dollar retention: ~109% (all), ~110% ($500K+ ARR)
- Market cap: ~$2.8B
Braze trades at a premium multiple of several times trailing sales, which is common for software companies still growing above 20% but not yet consistently profitable on a GAAP basis. Shares changed hands around $26 to $27 in mid-July 2026, well within a wide 52-week range of roughly $15 to $37, and analyst price targets clustered in the mid-$30s. The valuation leaves the stock leveraged to whether growth and margins keep improving.
Who competes with Braze, Inc. (BRZE)?
Enterprise marketing clouds
Salesforce Marketing Cloud, Adobe, and Oracle bundle customer engagement into broad suites that appeal to large enterprises already standardized on their platforms. These vendors are far larger and can compete on breadth and existing relationships, though Braze positions itself as a more modern, real-time, cross-channel alternative built for consumer-facing brands.
Pure-play engagement and CDP rivals
Iterable, MoEngage, Customer.io, and Twilio (through its Segment and Engage products) compete directly for cross-channel messaging and customer-data use cases. Iterable in particular is often evaluated head-to-head with Braze, and these focused players set the competitive benchmark on features, personalization, and pricing.
Channel-specific and in-house tools
Email- and SMS-led platforms such as Klaviyo and Attentive, along with companies choosing to build engagement tooling in-house, represent a lower-cost or narrower-scope alternative for some buyers. They can pull spend from Braze at the smaller-customer end or in single-channel deployments.
How to invest in Braze, Inc. (BRZE)
There are three common ways to get BRZE exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so BRZE sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where BRZE fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
The bottom line on Braze, Inc. (BRZE)
BRZE is a growth-stage SaaS name where investors are paying up for roughly 20%-plus revenue growth and improving cash flow, while GAAP profitability and competition from much larger marketing-cloud vendors remain the open questions.
More on Braze, Inc. (BRZE)
Whether BRZE is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is BRZE a buy?, and where the stock could go from here in the BRZE stock forecast.
For income investors, whether BRZE pays a dividend and how the payout looks is covered in does BRZE pay a dividend?
Build a basket around BRZE with Walnut
Use Braze, Inc. as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
What does Braze do?
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Braze runs a customer engagement platform that helps brands collect real-time user data and send personalized, automated messages across channels like push notifications, in-app messages, email, SMS, and WhatsApp. Its customers are mostly consumer-facing businesses in retail, media, financial services, and technology.
Is BRZE profitable?
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Braze is not yet consistently profitable on a GAAP basis and has continued to report net losses, though those losses have been narrowing. The company has turned free cash flow positive, reporting record free cash flow of about $27 million in its most recent quarter, and is generally profitable on a non-GAAP basis.
How fast is Braze growing?
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Braze grew fiscal 2026 revenue about 24% to roughly $738 million, and its most recent quarter accelerated to about 30% year over year at around $211 million. Full fiscal 2027 guidance of roughly $895 million to $899 million implies about 22% growth.
Who are Braze's main competitors?
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Braze competes with large marketing clouds such as Salesforce, Adobe, and Oracle, with pure-play engagement and customer-data rivals like Iterable, MoEngage, Customer.io, and Twilio, and with channel-specific tools such as Klaviyo and Attentive. Iterable is frequently evaluated head-to-head with Braze.
Why does BRZE stock trade at a high valuation?
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Braze carries a premium price-to-sales multiple because investors are paying for growth above 20% and improving cash flow rather than current GAAP earnings. That premium makes the stock sensitive to any slowdown in revenue growth or net revenue retention.
What is dollar-based net retention at Braze?
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For the trailing period ended January 2026, dollar-based net retention was about 109% across all customers and about 110% for larger accounts with $500,000 or more in annual recurring revenue. That figure reflects how much existing customers expand their spending over time.
Does Braze pay a dividend?
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Braze does not pay a dividend, which is typical for a growth-stage software company reinvesting in expansion. It has instead authorized a $100 million share repurchase program. Investors should confirm current capital-return policy directly with company filings.
What are the main risks of owning BRZE?
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Key risks include continued GAAP losses, a premium valuation that punishes any growth slowdown, intense competition from much larger vendors, discretionary marketing budgets that can shrink in downturns, and notable share-price volatility. A dual-class structure also concentrates voting control with insiders.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with Braze, Inc.'s investor relations page or your broker before making investment decisions.