Growth stocks that trade under $50 per share usually have medium-sized underlying businesses. These tend to be up-and-coming companies that are looking to land contracts and accelerate their growth.
Buy rating for Braze stock due to strong secular tailwinds and ability to beat consensus expectations. Braze provides customer engagement solutions for personalized, real-time interactions, driving impressive growth and profitability. Expected revenue growth of >30% for the next few years, with potential for multiples to rerate higher, making it a strong investment opportunity.
Braze NASDAQ: BRZE stock has been in correction for several quarters but has proven resilient. Now, the bottom is in, and the rebound has begun.
Braze, Inc. (NASDAQ:BRZE ) Q1 2025 Earnings Conference Call June 6, 2024 4:30 PM ET Company Participants Christopher Ferris - Head of IR Bill Magnuson - Co-Founder and CEO Isabelle Winkles - CFO Conference Call Participants Derrick Wood - TD Cowen D.J. Hynes - Canaccord Ryan MacWilliams - Barclays Arjun Bhatia - William Blair Scott Berg - Needham & Co. Brent Bracelin - Piper Sandler Brian Schwartz - Oppenheimer Michael Berg - Wells Fargo Brian Peterson - Raymond James Pinjalim Bora - JPMorgan Tyler Radke - Citi Operator Welcome to the Braze First Quarter Fiscal Year 2025 Earnings Conference Call.
Braze, Inc. (BRZE) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.13 per share a year ago.
Cybersecurity specialist Fortinet is riding tailwinds generated by widespread digitalization. Braze's customer engagement platform allows marketers to collect data from various sources.