Why Braze Stock Popped Today
Shares of Braze (NASDAQ: BRZE), a customer engagement platform company, spiked Friday morning after the company's fiscal 2025 fourth-quarter results blew past analysts' consensus estimates. Management also issued strong fiscal 2026 guidance that added to investor optimism.As a result, Braze stock popped by as much as 19.6% in early trading and was up by 6% as of 11:44 a.m. ET.Braze reported revenue of $160.4 million in the quarter, an increase of nearly 23% from the year-ago quarter, and ahead of Wall Street's consensus estimate of $155.7 million. Management said sales growth was fueled by new customers, upsells, and renewals.Continue reading
Shares of Braze (NASDAQ: BRZE), a customer engagement platform company, spiked Friday morning after the company's fiscal 2025 fourth-quarter results blew past analysts' consensus estimates. Management also issued strong fiscal 2026 guidance that added to investor optimism.
As a result, Braze stock popped by as much as 19.6% in early trading and was up by 6% as of 11:44 a.m. ET.
Braze reported revenue of $160.4 million in the quarter, an increase of nearly 23% from the year-ago quarter, and ahead of Wall Street's consensus estimate of $155.7 million. Management said sales growth was fueled by new customers, upsells, and renewals.
