Braze, Inc. (BRZE)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-11-05
$45.81-0.63%
Close 2026-11-05 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-11-05
QuarterlyIQ Insights · BRZE
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 33.6% |
| Our one-year growth estimate | diamond | 22.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 11.5 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 61 industry peers
BRZE — CFO transition
Dated 2026-05-27
Interim Chief Financial Officer, Chief Accounting Officer — Pankaj Malik: Pankaj Malik was promoted to Interim Chief Financial Officer while continuing his role as Chief Accounting Officer.
Why it matters: Braze reported $21.7 million in Q2 free cash flow, up from $3.5 million a year earlier. A return to negative cash flow would reverse that gain.
Worry ifFiscal Q3 free cash flow is below zero.
Less concerning ifFiscal Q3 free cash flow remains above zero.
Why it matters: Q2 non-GAAP operating income rose to $22 million from $6 million a year earlier. Q3 guidance sets a $16 million floor.
Worry ifFiscal Q3 non-GAAP operating income is less than $16 million, the low end of company guidance.
Less concerning ifFiscal Q3 non-GAAP operating income is at least $16 million. Fiscal-year guidance stays at $75.5 million or higher.
Why it matters: The merger agreement is a major company event. Approvals and closing terms will show if the deal can proceed as announced.
Watch forSalesforce and Braze report all required approvals, meet the merger terms, and close the deal.
Also watch forA required approval is denied, a merger term is missed, or either company ends the deal.
Why it matters: Braze reported 26.2% revenue growth in Q2 and set Q3 revenue guidance of $229 million to $230 million. A miss would weaken the growth story.
Worry ifFiscal Q3 revenue is below $229 million, the low end of company guidance.
Less concerning ifFiscal Q3 revenue is at least $229 million and year-over-year growth remains near or above 26%.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$196 on $10,000 · ±2.0% | How much price usually moves either way. |
| Bad day | $710 loss on $10,000 · 7.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,637 loss on $10,000 · 56.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.