Braze Inc (BRZE) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Braze Inc stock $16.06, price $46.08, that is 65.1% below the price, quality 46 out of 100. Rating: strongly overvalued. Calculated from audited financials with 7 of our 26 valuation models and 37 quality factors, updated daily.
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Braze Inc
BRZE · USOur calculation puts a fair price 65% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range $15.79 – $94.16 · fair‑value band $8.59 – $21.67 · the $46.08 price screens above the $16.06 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Company profile
Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide.
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It offers Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API to import or export data or to trigger workflows between Braze and brands' existing technology stacks; Partner Data Integrations, that allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; Braze Cloud Data Ingestion that offers direct connections to cloud services and data warehouses, marketing, product, and growth teams; Braze Currents to stream data in real time; and Snowflake Data Sharing to track and store data.
It also provides segmentation that define reusable segments of consumers based upon attributes, events, or predictive propensity scores; segment insights, which allows customers to analyze how segments are performing relative to each other across a set of pre-selected key performance indicators; and predictive suite that allows customers to identify groups of consumers that are of critical business value.
In addition, the company offers Canvas, an orchestration tool; campaigns, which allows customers; event and API triggering; marketing pressure management; and reporting and analytics, as well as content generation and quality assurance platform, content management, catalogs, templating language, connected content, and intelligent timing and channel products.
Further, it provides decisioning studio; agent console; liquid assistant and AI copywriter; personalized variant; AI item recommendations; and MCP Servers. The company was formerly known as Appboy, Inc. and changed its name to Braze, Inc. in November 2017.
Braze, Inc. was incorporated in 2011 and is headquartered in New York, New York.
Stock analysis
Braze Inc (BRZE) currently trades at $46.08, while our model-based Fair Value estimate is $16.06, 65% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $16.19 per share, and 0 of the 7 models we run sit above the $46.08 price.
Bear case: the Multiples group reads lowest at $7.45, and 7 of the 7 models stay below the price. Data coverage for this calculation is low.
Scenario range: $8.59 (bear) to $21.67 (bull), the price of $46.08 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Braze Inc reported revenue of $738M in FY2026 versus $238M in FY2022, a compound +32.7%/yr. Reported net income was −$131M in FY2026.
Key figures
Market cap $5.0B Mid · P/S ratio 6.25 · EPS (TTM) $−1.03 · Net margin −13.6% · Return on equity −18.5% · Return on assets (EBIT) −15.5% (5-year average) · Operating margin −8.0% · Revenue (TTM) $834M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 13 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 192% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 9% fair-value upside, at −65%, BRZE screens richer than that median.
Fair Value models
All 7 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 3 officers or directors sold shares worth $22.5M and none bought.
- SaleJonathan HymanChief Technology Officer10× since Nov 18, 2025: 490,404 shares, avg. $39.06$19.2MOct 29, 202610b5-1 plan
- SaleEdward M. McDonnellChief Revenue Officer29,732 shares at $31.38$932,927Aug 24, 202610b5-1 plan
- SaleAstha MalikChief Business Officer5× since Nov 18, 2025: 129,191 shares, avg. $26.10$3.4MAug 19, 202610b5-1 plan
- SaleSusan WisemanGeneral Counsel3× since Nov 18, 2025: 54,860 shares, avg. $20.91$1.1MApr 9, 2026
- SaleIsabelle WinklesChief Financial Officer3× since Nov 18, 2025: 33,228 shares, avg. $22.15$735,956Apr 6, 202610b5-1 plan
- SaleWilliam MagnusonChief Executive Officer, Director2× since Nov 18, 2025: 53,111 shares, avg. $21.81$1.2MFeb 18, 202610b5-1 plan
- SalePankaj MalikChief Accounting Officer3× since Nov 18, 2025: 12,077 shares, avg. $28.50$344,165Feb 18, 2026
Plus 21 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 9, 2026. All filings at the SEC ↗
Revenue & earnings trend
Growth Forecast
BRZE screens overvalued: fair value 65% below the price. Compare with SAP SE →
Recent news
- Braze To Report Fiscal Third Quarter 2027 Results
- Salesforce (CRM) Stock Sees Modest Fair Value Lift As AI And Braze Views Evolve
- Are You Looking for a Top Momentum Pick? Why Braze, Inc. (BRZE) is a Great Choice
Compare Braze Inc with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Application · 624 stocks
Valuation Multiplesvs Software - Application median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Information Technology sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Debt-to-equity by industry
- Price/FCF by industry
- PEG screener for stocks with fair value
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Software - Application stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Adobe Inc ADBE | $237.32 | $463.72 | +95% | vs BRZE |
| Salesforce, Inc CRM | $214.94 | $342.73 | +59% | vs BRZE |
| Uber Technologies, Inc UBER | $71.17 | $101.28 | +42% | vs BRZE |
| Intuit Inc INTU | $338.23 | $459.14 | +36% | vs BRZE |
| ServiceNow, Inc NOW | $102.76 | $112.17 | +9% | vs BRZE |
| SAP SE SAP | €211.65 | €173.59 | −18% | vs BRZE |
| Cadence Design Systems, Inc CDNS | $336.53 | $225.48 | −33% | vs BRZE |
| Automatic Data Processing, Inc ADP | $302.06 | $150.40 | −50% | vs BRZE |
| Shopify Inc SHOP | $152.06 | $64.96 | −57% | vs BRZE |
| Snowflake Inc SNOW | $291.14 | $73.81 | −75% | vs BRZE |
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Key figures of Braze Inc
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