Braze(US:BRZE) Benzinga·2025-09-05 19:00Core Insights - Braze Inc (BRZE) reported better-than-expected second-quarter results, raising its FY2026 EPS and sales outlook above estimates [1][2] Financial Performance - Fiscal Q2 2026 revenue was $180.1 million, a 23.8% increase from $145.5 million year-over-year, surpassing the analyst estimate of $170.1 million [1] - Non-GAAP net income for Q2 was $16.9 million, or 15 cents per diluted share, exceeding the 3-cent estimate and up from $9.1 million, or 9 cents per diluted share, a year earlier [1] Future Guidance - For fiscal Q3, Braze expects revenue between $183.5 million and $184.5 million, above the $178.6 million estimate, and non-GAAP net income of $6.5 million to $7.5 million, or 6 to 7 cents per diluted share, exceeding the 2-cent estimate [2] - For the full year ending January 31, 2026, the company raised its revenue outlook to $717.0 million to $720.0 million, above the $697.7 million estimate, and non-GAAP net income to $45.5 million to $46.5 million, or 41 to 42 cents per diluted share, compared to prior guidance of 15 to 18 cents [2] Strategic Focus - Braze is concentrating on AI solutions to enhance customer engagement experiences, aiming to drive high ROI for both customers and the company [3] Market Reaction - Following the earnings announcement, Braze shares increased by 10.5%, trading at $30.67 [3] Analyst Ratings and Price Targets - Piper Sandler raised the price target from $38 to $50 while maintaining an Overweight rating [8] - Barclays increased the price target from $35 to $39, also maintaining an Overweight rating [8] - Cantor Fitzgerald raised the price target from $35 to $38 while keeping an Overweight rating [8] - UBS lowered the price target from $48 to $43 but maintained a Buy rating [8] - Mizuho raised the price target from $40 to $45 while maintaining an Outperform rating [8] - Citigroup raised the price target from $50 to $52 while maintaining a Buy rating [8]