Braze, Inc.
At today's price, Braze, Inc. (BRZE) is priced for today's economics sustained for ~6.4 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
At about $20, Braze trades near 2.6 times revenue, a modest multiple for a company still growing the top line around 30%. Inverted, the price implies the business eventually reaches an operating margin near 27% while growing revenue about 13% a year, an assumption that sits within what comparable software firms have delivered. The company is not yet GAAP-profitable, and that is the heart of the valuation puzzle. Trailing operating income is negative, but the business already generates positive
Is BRZE overvalued? See what's priced in →
242 institutional managers reported holding BRZE in 13F filings for the quarter ended 2026-03-31. Together they hold about 83% of the company; the top 10 hold 44%. 49 opened new positions that quarter. Held by Vanguard Group, BlackRock, FMR (Fidelity), among others. On the short side, 15.3M shares were sold short as of the 2026-06-15 count, about 14% of shares outstanding (5.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
No open-market insider buys on file at BRZE over the trailing three years. Absence is a fact about the company, not a signal. 15 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
BRZE's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-09-09 | +3.0% | -5.8% |
| 2023-12-08 | -4.7% | +10.2% |
| 2024-04-02 | -10.4% | -16.0% |
| 2024-06-08 | +1.7% | +9.6% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
BRZE's latest 8-K filings: 2026-07-02 (items 5.03, 5.07, 9.01); 2026-05-27 (items 2.02, 5.02, 9.01); 2026-04-28 (items 5.02, 7.01, 9.01); 2026-04-07 (items 5.02, 9.01); 2026-03-24 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.