Does Braze (BRZE) Have the Potential to Rally 52.61% as Wall Street Analysts Expect?

Group 1 - Shares of Braze, Inc. (BRZE) have increased by 10.8% over the past four weeks, closing at $33.66, with a mean price target of $51.37 indicating a potential upside of 52.6% [1] - The mean estimate consists of 19 short-term price targets with a standard deviation of $10.18, where the lowest estimate is $38 (12.9% increase) and the highest is $75 (122.8% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price movements [11][12] Group 2 - The Zacks Consensus Estimate for the current year has risen by 0.7% over the past month, with two estimates increasing and one decreasing [12] - BRZE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While the consensus price target may not be a reliable indicator of the stock's potential gain, it suggests a positive direction for price movement [13]