Needham Reiterates Braze (BRZE) Buy Recommendation
Fintel reports that on October 22, 2025, Needham reiterated coverage of Braze (NasdaqGS:BRZE) with a Buy recommendation.
Analyst Price Forecast Suggests 60.85% Upside
As of September 30, 2025, the average one-year price target for Braze is $46.02/share. The forecasts range from a low of $38.38 to a high of $71.40. The average price target represents an increase of 60.85% from its latest reported closing price of $28.61 / share.
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The projected annual revenue for Braze is 766MM, an increase of 17.04%. The projected annual non-GAAP EPS is -0.60.
What is the Fund Sentiment?
There are 453 funds or institutions reporting positions in Braze. This is an decrease of 23 owner(s) or 4.83% in the last quarter. Average portfolio weight of all funds dedicated to BRZE is 0.32%, an increase of 0.64%. Total shares owned by institutions increased in the last three months by 1.94% to 86,953K shares. 
The put/call ratio of BRZE is 0.58, indicating a bullish outlook.
What are Other Shareholders Doing?
Cadian Capital Management holds 2,651K shares representing 2.68% ownership of the company. In its prior filing, the firm reported owning 4,557K shares , representing a decrease of 71.85%. The firm decreased its portfolio allocation in BRZE by 40.67% over the last quarter.
Millennium Management holds 2,646K shares representing 2.67% ownership of the company. In its prior filing, the firm reported owning 1,034K shares , representing an increase of 60.91%. The firm increased its portfolio allocation in BRZE by 80.78% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,541K shares representing 2.56% 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.
ShawSpring Partners holds 2,520K shares representing 2.54% ownership of the company. In its prior filing, the firm reported owning 2,373K shares , representing an increase of 5.80%. The firm decreased its portfolio allocation in BRZE by 24.06% over the last quarter.
Champlain Investment Partners holds 2,427K shares representing 2.45% ownership of the company. In its prior filing, the firm reported owning 2,575K shares , representing a decrease of 6.12%. The firm decreased its portfolio allocation in BRZE by 29.27% over the last quarter.
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This story originally appeared on Fintel.