Cantor Fitzgerald has initiated coverage on Braze (BRZE, Financial) with a bullish rating, highlighting the company's potential in the tech industry. Analyst Matthew Vanvliet from Cantor Fitzgerald announced an "Overweight" rating for Braze, indicating a positive outlook for the stock.
The New York-based financial services firm has set a price target of $45.00 USD for Braze (BRZE, Financial). This initial rating suggests confidence in Braze's ability to outperform its peers in the market.
The announcement was made on June 3, 2025, with the rating and price target reflecting Cantor Fitzgerald's analysis of Braze's current market position and future growth prospects.
Investors in Braze (BRZE, Financial) can monitor this rating as an indicator of potential investment opportunities and market movements in the upcoming periods.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Braze Inc (BRZE, Financial) is $50.47 with a high estimate of $75.00 and a low estimate of $38.00. The average target implies an upside of 39.20% from the current price of $36.26. More detailed estimate data can be found on the Braze Inc (BRZE) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Braze Inc's (BRZE, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Braze Inc (BRZE, Financial) in one year is $65.51, suggesting a upside of 80.67% from the current price of $36.26. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Braze Inc (BRZE) Summary page.