Investment overview 2024 150 | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------|-------|-------|-------|----------|-------|----------|-------| | | | | | | | | | | Revenue growth | | 56% | 58% | 355 49%6 | 32% | $13 32%6 | | | Valuation metrics / Balance sheet (base case) | | | | | | | | | Forward revenue multiple | | | | | | 5 | | | Enterprise value | | | | | | 5367 | | | Net cash | | | | | | 487 | | | Market capitlization | | | | | | 5854 | | | Shares outstan ...

Braze Today The thing to keep in mind is that this most-downgraded stock is still rated a Moderate Buy with ample upside. The downgrades are relative: this stock is also ranked well on the list of Top Rated Stocks. Trading at $36.78 ahead of the Q1 release, the stock was 20% below the lowest analyst target and 65% below the consensus. Because the results include outperformance, momentum is present, and guidance was raised, the analysts should stick to their targets and guide this market higher. New clients ...

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 - C ...

Over the last four quarters, the company has surpassed consensus EPS estimates four times. 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. These figures are adjusted for non-recurring items. Braze, which belongs to the Zacks Technology Services industry, posted revenues of $135.46 million for the quarter ended April 2024, surpassing the Zacks Consensus Estimate by 2.96%. This com ...

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒ At May 31, 2024, there were 77,451,377 shares of the registrant's Class A and 24,175,408 shares of the registrant's Class B common stoc ...

Revenue Performance - Revenue for the first quarter of fiscal 2025 was $135.5 million, a 33.1% increase year-over-year from $101.8 million[20] - Subscription revenue was $130.1 million, up from $97.1 million in the same quarter last year[20] - Braze reported revenue of $135.5 million for the quarter ended April 30, 2024, representing a 33.1% increase from $101.8 million in the same quarter of 2023[35] - The company provided guidance for Q2 FY 2025 revenue between $140.5 million and $141.5 million, and full-year revenue guidance of $577.0 million to $581.0 million[43] Customer Metrics - Total customers increased to 2,102 from 1,866 a year ago, with 212 customers having annual recurring revenue (ARR) of $500,000 or more[20] - Dollar-based net retention for all customers was 117%, down from 122% year-over-year[20] - Braze's dollar-based net retention rate was not explicitly stated but is calculated based on the annual recurring revenue (ARR) from existing customers[47] Financial Performance - GAAP gross margin was 67.1%, slightly down from 67.9% in the first quarter of fiscal 2024[20] - Non-GAAP gross margin was 67.9%, compared to 68.8% in the same quarter last year[20] - Gross profit for the quarter was $90.9 million, up from $69.1 million year-over-year, resulting in a gross margin of approximately 67.1%[35] - Total operating expenses for the quarter were $131.0 million, up from $111.0 million in the same quarter of the previous year[35] Losses and Cash Flow - GAAP operating loss was $40.1 million, an improvement from a loss of $41.9 million in the prior year[20] - Non-GAAP operating loss was $10.0 million, compared to a loss of $16.0 million in the first quarter of fiscal 2024[20] - The net loss attributable to Braze, Inc. was $35.6 million, compared to a net loss of $38.5 million in the prior year, indicating a reduction in losses[35] - Non-GAAP loss from operations was $(9,979,000), a significant improvement from $(15,998,000) in the prior year, reflecting a 37.6% reduction in losses[55] - Non-GAAP net loss attributable to Braze, Inc. was $(5,540,000), down from $(12,555,000) year-over-year, indicating a 55.8% improvement[55] - Free cash flow was $11.4 million, down from $21.7 million in the same quarter last year[20] - Non-GAAP free cash flow for the three months ended April 30, 2024, was $11,441,000, a decrease from $21,657,000 in the same period last year[62] Deferred Revenue and Obligations - Remaining performance obligations as of April 30, 2024, totaled $657.3 million, with $419.8 million classified as current[20] - Deferred revenue increased to $25,285,000 in Q1 2024, compared to $15,228,000 in Q1 2023, reflecting a 66.5% growth[59] Stock and Assets - Braze's total cash, cash equivalents, restricted cash, and marketable securities amounted to $487.7 million as of April 30, 2024, an increase from $480.0 million as of January 31, 2024[42] - Braze's total assets as of April 30, 2024, were $816.1 million, compared to $810.9 million as of January 31, 2024[52] - The company had approximately 101.5 million weighted average shares outstanding for the quarter[43] Stock-Based Compensation - Stock-based compensation expense for the three months ended April 30, 2024, was $28,278,000, up from $24,146,000 in the prior year, marking a 17.6% increase[55]

The Nasdaq declined over 2% on Tuesday, and if the momentum keeps going, we could see the tech index below 15,000 points. This turbulence makes investors wonder if the bear has awaked from its slumber, but there still are hypergrowth stocks to buy out there.Generally speaking, this is not good news for hypergrowth stocks to buy or startup firms. However, there can be certain outliers in every market. As the old Wall Street adage goes, bull markets breed complacency, but bear markets breed opportunity. That’ ...

Braze co-founder and CEO Bill Magnuson helps us understand customer engagement.Bill Magnuson is the chairman, CEO, and co-founder of Braze, a customer engagement platform that works with some of business's biggest names. In this podcast, Motley Fool analyst Tim Beyers caught up with Magnuson for a conversation about:Braze's origin story.The power of personalized marketing.The company's latest results, and its plans to create even more value in the future.To catch full episodes of all The Motley Fool's free ...

Key PointsShares of Braze have been under pressure since February, with last week’s report driving further selling. However, it’s starting to look like the stock is extremely oversold and could soon be due for a bounce. Simultaneously, several heavyweight analysts have reiterated their Buy ratings, so the argument for this being an entry opportunity is compelling. 5 stocks we like better than BrazeThe 17% drop from February’s peak, through the middle of last week might well have been a fair warning to inves ...

Given these factors, it is difficult to predict whether and when a sale will be completed. Consequently, a shortfall in demand for our products and services or a decline in new or renewed contracts in a given period may not significantly reduce our revenue for that period but could negatively affect our revenue in future periods, which could have a material adverse effect on our business, financial condition and results of operations. We recognize revenue ratably over the term of each subscription agreement ...