Post‑Earnings Rally

Post‑earnings, Braze shares rose 11.5 % to $21.55, a 19.8 % month‑to‑date gain versus a 3.7 % decline in the S&P 500. Analysts have updated targets to a $30–$40 range; Barclays and BTIG raised their forecasts, whereas Canaccord, Goldman Sachs, Mizuho, and Stifel trimmed them amid sector multiple compression. The company’s market cap sits at $2.03 billion, and it maintains a Zacks Rank #2 (Buy).