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BRZE · NASDAQ

BRAZE INC

Private beta

Sector unavailable · Industry unavailable

$23.94

-1.34%

Close on Sep 11, 2026

Insufficient Data

Updated 12/18/2023

Long-term research evidence only. No price targets, no trading signals, no recommendations.

Investment Report Card

BRAZE INC

Sector unavailable · Data confidence limited

No Suggested Investment Score today

Risk Intelligence is unavailable

Risk Intelligence

Core Model

Not Available

Insufficient Data

How strong and defensively sound is the company?

This reading is not available for this company yet.

Long-Term Potential

Research Model

Not Available

Insufficient Data

Does the business have the characteristics needed to create value over many years?

This reading is not available for this company yet.

Fundamental Momentum

Research Model

Not Available

Insufficient Data

Is the underlying business getting stronger or weaker?

This reading is not available for this company yet.

Ownership Intelligence

Supplemental Intelligence

Not Available

Positive disclosed activity

What are important owners actually doing?

This reading is not available for this company yet.

Valuation Intelligence

Research Model
C+

66 / 100

Attractive

Is today's price reasonable?

Around the middle of the covered universe — and valuation is researched separately from the Suggested Investment Score.

Capital Returns Intelligence

Research Model
F

27 / 100

Limited Capital Returns

How effectively does the company reward shareholders?

Weaker than most covered companies on this measure — and capital returns are researched separately from the Suggested Investment Score.

Why it stands out

  • More disclosed holders are new or increasing than reducing or exiting.
  • Attractive valuation: the stock reads 66 out of 100 on Valuation Intelligence (Attractive) relative to its own history and comparable companies.

What holds it back

No weakening evidence is recorded in today's readings.

Long-term view

Long-Term Potential is not available for this company, so no long-term reading is shown.

Ownership view

No disclosed ownership reading is available at the required confidence, so ownership is left blank rather than estimated.

Valuation view

BRAZE INC reads 66 out of 100 on Valuation Intelligence, recorded as Attractive. The stock currently trades below most of its own recent valuation history and above comparable companies. This describes the price being paid relative to the company's financials — it is not a forecast and not a fair value. Valuation Intelligence is a research model and contributes nothing to the Suggested Investment Score or the daily ranking.

Capital returns view

BRAZE INC reads 27 out of 100 on Capital Returns Intelligence (Limited Capital Returns), reflecting a share count rising about 41.5% a year. Direct capital returns are limited because the company continues reinvesting most of its cash. Capital Returns Intelligence is a research model and contributes nothing to the Suggested Investment Score or the daily ranking.

What changed

No meaningful recorded changes in the stored history.

Risk Intelligence is a core model, Long-Term Potential, Fundamental Momentum, Valuation Intelligence and Capital Returns Intelligence are research models, and Ownership Intelligence is supplemental descriptive evidence. Valuation Intelligence and Capital Returns Intelligence each contribute 0% to the Suggested Investment Score. Nothing here is a recommendation.

Compare BRZE with other companies

Appears in

Rule-based membership

Membership means the company satisfied a published rule on the latest research build. It is not a recommendation.

60-Second Brief

Too few stored readings exist for this company to summarise honestly.

Composite discovery model

Suggested Investment Score

Suggested Investment Score

Not currently in the Suggested Investment ranking

Risk Intelligence is unavailable. A composite score is only published when every required input is available for this company. Nothing is estimated to fill a gap, and exclusion from the ranking is not a sell instruction.

COMPOSITE DISCOVERY MODEL — RESEARCH STAGE · Ranking updated September 12, 2026

Researched separately

Valuation Intelligence 66 · Attractive

RESEARCH MODEL

Valuation Intelligence is currently researched separately and does not affect the Suggested Investment Score or daily ranking.

Researched separately

Capital Returns Intelligence 27 · Limited Capital Returns

RESEARCH MODEL

Capital Returns Intelligence is researched separately and contributes 0% to the Suggested Investment Score, the daily rank or any ranking event.

Why this company scores the way it does

This company does not currently hold a stored Suggested Investment Score, so no contribution breakdown can be shown.

Stored snapshots only

What changed

Research-score history available since September 2026.

Stored research history does not yet cover a full 30 days comparison for this company.

A change is reported as meaningful at 8 score points, 5 rank places, or any change of research classification. Nothing here is a recommendation to buy or sell.

Learn the metrics on this page

Plain-English definitions, with the formula and the limitations of each measure.

Fifth research lens · outside the score

Valuation Intelligence

Valuation Intelligence

Is today's price reasonable?

Valuation Intelligence is currently researched separately and does not affect the Suggested Investment Score or daily ranking.

66/ 100

Attractive

RESEARCH MODEL
Excellent coverage

Compared with its history

97

Very Attractive

Is this company expensive or inexpensive compared with its own history?

Compared with peers

28

Expensive

How expensive is this stock compared with similar companies?

Earnings & cash flow

39

Elevated

How much financial output does an investor receive relative to the price paid?

Growth-adjusted

100

Very Attractive

Does the company's growth help justify the valuation investors are paying?

BRAZE INC reads 66 out of 100 on Valuation Intelligence, recorded as Attractive. The stock currently trades below most of its own recent valuation history and above comparable companies. This describes the price being paid relative to the company's financials — it is not a forecast and not a fair value.

Price data through September 11, 2026 · Financial data through the quarter ended April 30, 2026

Valuation history

Stored readings only. The dashed line is this company's own median for the selected measure.

Only one stored valuation reading exists so far, so there is nothing to chart yet. Valuation history builds forward from activation rather than being reconstructed.

Current EV/Sales 3.3x · own median 7.9x · peer median 2.9x

Valuation is inherently uncertain. A stock that appears inexpensive can continue falling, and a stock that appears expensive can continue rising. Valuation Intelligence provides context about the price investors are paying — it does not predict short-term market movements, and it never produces a fair value, a price target or a buy or sell range. Model VALUATION_INTELLIGENCE_V1.

Sixth research lens · outside the score

Capital Returns Intelligence

Capital Returns Intelligence

How effectively does the company reward shareholders?

Capital Returns Intelligence is researched separately and contributes 0% to the Suggested Investment Score, the daily rank or any ranking event.

27/ 100

Limited Capital Returns

RESEARCH MODEL
Good coverage

Dividend Quality

Not Applicable — No Dividend

Dividend reliability

This company currently retains rather than distributes cash through dividends. Capital Returns Intelligence therefore places more emphasis on its other measurable shareholder-return behaviors according to the frozen V1 methodology.

Buyback Effectiveness

5

Limited Capital Returns

Do buybacks actually reduce shares?

The company spends on share repurchases, but much of that activity offsets share issuance rather than materially reducing the share count.

Dilution Control

5

Limited Capital Returns

Is your ownership share protected?

Capital Return Sustainability

88

Exceptional Capital Returns

Can the cash flow support it?

Shareholder Yield

5

Limited Capital Returns

Cash returned versus company value

BRAZE INC reads 27 out of 100 on Capital Returns Intelligence (Limited Capital Returns), reflecting a share count rising about 41.5% a year. Direct capital returns are limited because the company continues reinvesting most of its cash.

This company currently retains rather than distributes cash through dividends. Capital Returns Intelligence therefore places more emphasis on its other measurable shareholder-return behaviors according to the frozen V1 methodology.

This company spent cash repurchasing stock, but the share count did not fall meaningfully because it also issued shares. Repurchase spending alone did not increase existing shareholders' ownership.

How returned cash was used

Dividends $0.00 · net repurchases $27.34M · total returned $27.34M · 44% of free cash flow

Price data through September 11, 2026 · Financial data through the quarter ended April 30, 2026

Capital returns history

Stored readings only. History builds forward from activation rather than being reconstructed.

Only one stored reading exists for this measure so far, so there is nothing to chart yet.

Why higher yield isn't always better

A very high dividend yield may reflect a falling share price or an unsustainable payout. Capital Returns Intelligence emphasizes consistency and sustainability rather than simply rewarding the highest yield.

Why buybacks can be misleading

Announced or gross buyback spending does not always mean shareholders are gaining ownership. Companies can simultaneously issue shares through employee compensation or acquisitions. Suggested Investments therefore considers actual share-count changes alongside repurchase spending.

What these terms mean
Dividend Yield
The annual dividend relative to the current share price.
Payout Ratio
The share of company earnings used to pay dividends.
Free Cash Flow Payout
How much of the company's available cash is being used for dividends.
Share Repurchases
When a company buys back its own stock.
Dilution
When the number of shares increases, reducing each existing share's percentage ownership of the company.
Shareholder Yield
A combined view of dividends and net share repurchases relative to the company's market value.

Capital Returns Intelligence describes how a company returns capital to shareholders. It is not a measure of stock-price performance, it does not predict future returns, and a strong reading is never a recommendation to buy. Dividends and repurchases can be reduced or stopped at any time. Model CAPITAL_RETURNS_INTELLIGENCE_V1, contributing 0% to the Suggested Investment Score.

Stored daily snapshots only

Ranking history

Stored Suggested Investment ranking history
TodayNot rankedNo stored score
30 days agoNot rankedNo stored score
90 days agoNot rankedNo stored score
First suggestedNot yet suggested
Highest rankNot ranked

In the company’s own words

What this company does

To forge vibrant connections between people and the brands they love, fueled by a community that inspires and technology that lights the way.

Braze is a leading customer engagement platform that empowers brands to Be Absolutely Engaging. Customer Engagement is an emerging category of business activity and software which we define as the full set of activities that companies use to build and maintain direct, meaningful relationships with their customers. Our platform brings together rich, first-party context, transforms that context with composable intelligence (models, agents, and operators), and delivers continuous, and personally relevant interactions across channels. As of January 2026, 2,609 customers around the world trusted Braze to power their cross-channel customer engagement strategies. In January 2026, our platform enabled interactions with 8.0 billion monthly active users via our customers’ apps, websites, and other digital interfaces, up from 7.2 billion in January 2025.

Our bond with technology has strengthened immensely over the past decade as we welcomed connected devices, digital services, and, most recently, artificial intelligence, or AI, into nearly every part of our lives. Braze was founded in 2011 in response to the step change in human history ushered in by the smartphone, when we became significantly more connected to each other and to the products and services that brands compete to sell to us. Today, we interact with many brands across a myriad of digital and physical touchpoints. The first-party data generated from the increase in digital touchpoints in particular has provided brands with new opportunities to reach customers with the right message at the right time, but it has also increased consumer expectations for brands to understand and anticipate their needs regardless of where they interact. The ongoing platform shift to AI has further elevated expectations for a personalized experience and creates new opportunities for brands to connect with their customers. These trends have put competitive pressure on brands to increase their focus and investment on customer experience. Successful brands now use customer engagement software that leverages first-party data to make customer relationships actionable while differentiating them from their competition and ultimately transforming their businesses. The end results are more lasting customer relationships that increase brand loyalty and customer value over time. We view our own role as steward of a brand's first party relationships, achieved through the sophisticated management of their first-party data, as well as the orchestration and delivery of critical components of their marketing and product experience across an increasingly non-linear and digital customer journey.

Most cross-channel marketing automation platforms available today approach customer engagement on a channel-by-channel or campaign-by-campaign basis, which creates data and engagement silos that result in disjointed customer experiences and diminishes customer loyalty. We built Braze to facilitate the craft of customer engagement—a pursuit that is distinct from merely the activity of sending marketing messages. The craft of customer engagement brings together diverse skillsets, bold creativity, the sophisticated use of AI, data, and an agile, experimental approach to the strategy that unlocks value in more of

Quoted from the business section of this company’s 10-K filed March 25, 2026. Read the filing

Four distinct intelligence areas

The IA view

Risk Intelligence

Production core

39

Restricted

No prior period to compare

Business Quality qualification score from the locked IA Defensive Research Core. Price Risk stays a separate category and is never blended in.

As of Sep 11, 2026

Long-Term Potential

Research model

Insufficient Data

No prior period to compare

Durable business economics and reinvestment characteristics. Independent external validation is pending.

Fundamental Momentum

Research model

Insufficient Data

No prior period to compare

Direction and breadth of change in underlying business fundamentals. Not a price-momentum signal.

Elite Investor Activity

Supplemental

Insufficient Data

No prior period to compare

Too few tracked managers disclosed a position to describe consensus.

Intelligence history

Not enough stored history to chart BRZE yet. A company needs at least two published research or ownership periods before a trend can be shown.

Share price

BRZE price history

Closing prices adjusted for splits and dividends, through Sep 11, 2026. Past prices do not indicate future results.

6M change
+26.2%
1Y change
-20.6%
3Y change
-48.5%
5Y change
-74.4%
Max change
-74.4%

Last stored close $23.94 · -20.6% over the selected range · 85 sessions shown

Balanced evidence

Why IA likes it

  • More disclosed holders are new or increasing than reducing or exiting.

Risk and uncertainty

What IA doesn’t like

  • No specific negative evidence is available. This is not evidence of low risk.

What would change our view

  • Business Quality falling below the frozen qualification threshold.
  • Price Risk moving to a less favorable category.
  • A sustained reversal in the Fundamental Momentum research evidence.
  • New material public ownership disclosures.

Public filings · descriptive only

Elite Investor Activity

Reporting holders

8

New holders

7

Increasing

1

Reducing

0

Exiting

0

Coverage

Excellent

Positive disclosed activity · Report period 2023-09-30 · Public 12/18/2023

ManagerChangePortfolio weightRankDisclosed

Insufficient high-confidence manager coverage.

Objective stored changes

What changed

No qualifying changes are recorded for this company in the stored research and filing history.

Ownership timeline

No high-confidence public ownership events are available.

General research only. Not personalized advice. Public filings may be delayed, amended, incomplete, or reflect positions that have changed since the reporting date.