BTIG Initiates Coverage of Braze (BRZE) with Buy Recommendation
Fintel reports that on December 17, 2025, BTIG initiated coverage of Braze (NasdaqGS:BRZE) with a Buy recommendation.
Analyst Price Forecast Suggests 34.74% Upside
As of December 6, 2025, the average one-year price target for Braze is $45.73/share. The forecasts range from a low of $38.38 to a high of $71.40. The average price target represents an increase of 34.74% from its latest reported closing price of $33.94 / share.
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The projected annual revenue for Braze is 766MM, an increase of 10.50%. The projected annual non-GAAP EPS is -0.60.
What is the Fund Sentiment?
There are 446 funds or institutions reporting positions in Braze. This is an decrease of 9 owner(s) or 1.98% in the last quarter. Average portfolio weight of all funds dedicated to BRZE is 0.34%, an increase of 6.48%. Total shares owned by institutions increased in the last three months by 2.49% to 88,628K shares. 
The put/call ratio of BRZE is 0.49, indicating a bullish outlook.
What are Other Shareholders Doing?
Millennium Management holds 3,482K shares representing 3.41% ownership of the company. In its prior filing, the firm reported owning 2,646K shares , representing an increase of 24.02%. The firm increased its portfolio allocation in BRZE by 17.73% over the last quarter.
Champlain Investment Partners holds 2,688K shares representing 2.63% ownership of the company. In its prior filing, the firm reported owning 2,427K shares , representing an increase of 9.72%. The firm increased its portfolio allocation in BRZE by 21.11% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,541K shares representing 2.48% ownership of the company. In its prior filing, the firm reported owning 2,388K shares , representing an increase of 6.03%. The firm decreased its portfolio allocation in BRZE by 26.06% over the last quarter.
Jpmorgan Chase holds 2,455K shares representing 2.40% ownership of the company. In its prior filing, the firm reported owning 2,316K shares , representing an increase of 5.67%. The firm decreased its portfolio allocation in BRZE by 1.70% over the last quarter.
Battery Management holds 2,425K shares representing 2.37% ownership of the company. In its prior filing, the firm reported owning 1,425K shares , representing an increase of 41.24%. The firm increased its portfolio allocation in BRZE by 86.80% over the last quarter.
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This story originally appeared on Fintel.