How to Buy Braze Stock
Braze Inc
Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide.
Braze stock last closed at $41.35, up 1.37% from the previous day, and has increased 30.2% in one year. It has overperformed other stocks in the Software - Application industry by 0.06 percentage points. Braze stock is currently +60.52% from its 52-week low of $25.76, and -32.8% from its 52-week high of $61.53.
There are currently 100.84M BRZE shares outstanding. The market value of BRZE is $4.17B. In the last 24 hours, 656,196 BRZE shares were traded.
How to Buy Braze Stock
Wondering how to invest in Braze stock? Here's how.
- Choose where to buy Braze stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Braze stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your details.
- Research Braze stock: The Braze ticker symbol is BRZE. Is Braze stock a good investment? Should you buy shares of BRZE? How do BRZE's underlying business fundamentals look? Do top analysts think Braze is a good buy? Why has BRZE's stock price moved recently? (Hint: Our stock analysis website can help you figure out if BRZE is a good stock to buy).
- Place your BRZE buy order: Decide if you will purchase BRZE shares at the current market price or use a limit order to buy BRZE shares at a particular price.
- Watch your investment in BRZE: Create a watchlist to the latest updates on your investment in Braze stock.
Step 1: Choose where to buy Braze stock
You need a brokerage account in order to access the NASDAQ market and buy BRZE shares.
Our preferred brokerage: eToro
We believe that eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
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- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you are able to invest in BRZE today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on our top ranked stock market app, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details transferring funds into your brokerage account.
Step 4: Research Braze stock
After you have figured out the best place to buy Braze stock, it's critical to research their stock before you buy, so you actually understand the risk as well as the upside.
Braze quick stats
BRZE Due Diligence Checks
WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.
You can view all of the due diligence checks on BRZE's stock page.
Is BRZE stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BRZE's true value.
Using relative valuations ratios:
- BRZE may be overvalued based on its P/B ratio of 9.39x, relative to Software - Application industry P/B ratio of 6.53x
You can do more valuation analysis on BRZE's stock here.
BRZE Financial Summary
Positive Health Checks:
- BRZE has cash burn of 6485000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the BRZE balance sheet.
- BRZE has $479.50M in cash and short term investments. This is sufficient to cover its annual cash burn of $6.49M.
- There are more short-term assets than long-term liabilities on the BRZE balance sheet.
Negative Health Checks:
- BRZE has a relatively high debt to equity ratio of 0.83.
- BRZE profit margin has gone up by 0.12 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy Braze stock, according to analysts?
Out of 13 Wall Street analysts who monitor BRZE, the consensus analyst rating on Braze is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest BRZE Analyst Upgrades/Downgrades
Nick Altmann, a bottom 20% analyst from ScotiaBank maintains BRZE with a hold rating and lowers their BRZE price target from $65.00 to $58.00, on Mar 28, 2024.
Pinjalim Bora, a top 23% analyst from JP Morgan maintains BRZE with a strong buy rating and lowers their BRZE price target from $60.00 to $58.00, on Mar 28, 2024.
Brian Schwartz, a top 13% analyst from Oppenheimer reiterates BRZE with a buy rating and maintains their BRZE price target from $75.00 to $75.00, on Mar 28, 2024.
Scott Berg, a top 27% analyst from Needham reiterates BRZE with a buy rating and maintains their BRZE price target from $70.00 to $70.00, on Mar 28, 2024.
Taylor McGinnis, a bottom 9% analyst from UBS upgrades BRZE to a strong buy rating and announces their BRZE price target of $62.00, on Mar 21, 2024.
You can dive deeper into what analysts are projecting on the Braze stock forecast page.
BRZE Momentum
BRZE Growth Numbers
Last year, BRZE revenue was $471.80M. During the past four year, BRZE's revenue has increased by 48.75% per year. This was faster than the Software - Application industry average of 27.59%.
Find out more about BRZE's earnings and revenue performance here.
Who is buying/selling BRZE?
Over the past 12 months, executives and large shareholders at BRZE have sold more shares than they have bought.
Phillip M. Fernandez, Director of BRZE, was the latest BRZE insider to sell. They sold $62,685.00 worth of BRZE stock on Apr 15, 2024.
Research more about who owns BRZE stock here.
Can I rely on BRZE as an income stream?
No, Braze doesn't provide an income stream by paying out dividends.
What others are saying about BRZE
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your BRZE buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open Trade button and eToro will place your order.
If you require more info about investing in stocks on eToro, click the helpful video below:
Step 6: Watch your investment in BRZE
Now that you own some BRZE stock, you'll want to keep up with your new company.
Add BRZE to a watchlist to get the latest updates about your BRZE stock.
BRZE Feed
How to Buy Stock in Braze
To reiterate, here are the 6 steps for buying Braze stock:
- Choose where to buy Braze stock
- Open a brokerage account
- Deposit money your investment account
- Research Braze stock
- Place your BRZE buy order
- Watch your investment in BRZE
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Braze, get started below.
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