Braze posts strong Q4 revenue growth, prompting mixed analyst price target updates amid valuation pressures

Braze reported a strong Q4 with revenue of $205.2 million, beating estimates and showing 27.9% year-over-year growth. This growth acceleration and a surge in enterprise customers led to updated analyst price targets ranging from $30 to $40, reflecting confidence tempered by sector-wide valuation compression. Despite some target cuts, analysts remain bullish, focusing on Braze's AI product adoption and FY2027 guidance as key future indicators. Investors will watch revenue and earnings guidance closely to gauge if current targets mark a recovery floor or ceiling.