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Braze, Inc. - BRZE STOCK NEWS

Welcome to our dedicated page for Braze news (Ticker: BRZE), a resource for investors and traders seeking the latest updates and insights on Braze stock.

Braze, Inc. (BRZE) is a leading customer engagement platform based in New York, empowering brands to build stronger relationships with their customers through intelligent CRM solutions. With a team of over 100 experts, Braze enables marketers to connect with their audiences on a human level, at scale, driving deep engagement and return on investment (ROI).

The core of Braze's platform is the holistic user profile, providing a comprehensive view of each customer. This profile is supported by robust audience segmentation and advanced multi-channel messaging capabilities. These tools allow brands to leverage user data to create and automate highly personalized marketing campaigns, fostering meaningful dialogues with customers across various devices and channels.

Braze's solutions cater to a wide range of industries, including Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality. The platform's vertically integrated stack includes key functionalities such as data ingestion, classification, orchestration, personalization, and action. Notably, Braze's AI engine, Sage AI, enhances these layers, driving intelligent customer engagement.

The company's powerful CRM platform is trusted by thousands of marketers globally, powering over a billion user profiles. High-profile brands like Domino's, Etsy, iHeartMedia, PicsArt, SoundCloud, and Urban Outfitters rely on Braze to engage, retain, and monetize their customers effectively.

Financially, Braze generates the majority of its revenue from the United States and continues to expand its market presence. The company is venture-funded and continuously innovates to enhance its platform and offer more value to its clients. Stay updated with the most recent developments and company news to understand Braze's impact and initiatives better.

News

New Research from Braze Reveals Critical Insights on Craft of Customer Engagement and How that Helps 85% of Top Brands Surpass their Revenue Goals

Rhea-AI Summary
Braze released its Global Customer Engagement Review, highlighting the importance of AI, new channels, and data agility in customer engagement. The report shows that 85% of brands succeeding in customer engagement exceeded revenue goals in 2023. Marketers are embracing AI but struggle with creativity and ROI. Personalized experiences require first-party data agility. Consistent cross-channel messaging is vital for long-term loyalty. The report also includes industry-specific insights and case studies.
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Braze Continues Business Momentum with $500M CARR, New Global Leaders, and Marquee New Customers

Rhea-AI Summary
Braze (BRZE) announces new customer wins like Bombas and Wendy's, alongside strategic leadership appointments, after surpassing $500 million in Committed Annual Recurring Revenue (CARR). The company emphasizes the importance of customer engagement for growth and loyalty in today's market.
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Braze Reports Fiscal Third Quarter 2024 Results

Rhea-AI Summary
Braze (Nasdaq: BRZE) reported a 33.1% year-over-year growth in revenue to $124.0 million for the third quarter of fiscal year 2024. The company achieved a dollar-based net retention of 118% for the trailing 12 months and surpassed $500 million of Committed Annual Recurring Revenue. Despite an operating loss, Braze is optimistic about meeting its profitability targets for the fourth quarter of fiscal 2024 and fiscal 2025. The company's focus remains on advancing its technology and enabling brands to deliver impactful customer experiences at scale.
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Braze Expands Product Grant Program and Opens Applications for “Tech For an Equitable Future”

Rhea-AI Summary
Braze (Nasdaq: BRZE) expands its product grant program, now called Tech For an Equitable Future, offering 12 months of free access to technology and resources for 20 underrepresented companies, including Black and women entrepreneurs. The program aims to address the disparity faced by Black and female entrepreneurs in attaining equitable access to foundational funding. Braze currently has 24 Black-founded businesses and 10 women-founded startups active in the program, totaling $735,000 in annualized Braze product value.
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Braze Achieves the New AWS Advertising and Marketing Technology Competency

Rhea-AI Summary
Braze (Nasdaq: BRZE) Achieves AWS Advertising and Marketing Technology Competency in Digital Customer Experience Category
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Braze to Report Third Quarter Fiscal 2024 Results

Rhea-AI Summary
Braze (NASDAQ: BRZE) to Release Q3 Fiscal Year 2024 Financial Results on December 6, 2023. The comprehensive customer engagement platform will host a webcast conference call to discuss the results, available on investors.braze.com.
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Braze Introduces Feature Flags and Unveils New Low-Code and AI Product Innovations at Ninth Annual Forge Customer Conference

Rhea-AI Summary
Braze introduces new product innovations, including Feature Flags and Landing Pages, to drive personalized experiences and improve customer engagement
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Braze Celebrates Leading Customers and Partners with 2023 Braze Torchie Awards Winners

Rhea-AI Summary
Braze announces winners of the 2023 Torchie Awards at its customer conference
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Braze Customer Engagement Platform Now Available in AWS Marketplace

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Braze announces availability in AWS Marketplace, strengthening its relationship with AWS and offering simplified procurement for customers.
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Braze Named a Leader in 2023 Magic Quadrant™ for Multichannel Marketing Hubs

Rhea-AI Summary
Braze recognized as a Leader in the 2023 Magic Quadrant for Multichannel Marketing Hubs by Gartner. The company demonstrates leadership in defining the future of customer engagement and consistent execution. Braze platform delivers tremendous ROI to global companies. Download the report for more details.
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FAQ

What is the current stock price of Braze (BRZE)?

The current stock price of Braze (BRZE) is $44.6 as of January 7, 2025.

What is the market cap of Braze (BRZE)?

The market cap of Braze (BRZE) is approximately 4.8B.

What does Braze, Inc. (BRZE) do?

Braze, Inc. provides a customer engagement platform that helps brands build stronger relationships with their customers through intelligent CRM solutions.

Which industries does Braze serve?

Braze serves Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality industries.

What makes Braze's platform unique?

Braze's platform is unique due to its holistic user profile, robust audience segmentation, advanced multi-channel messaging, and Sage AI engine, which enhances all layers of customer engagement.

Who are some of Braze's notable clients?

Some of Braze's notable clients include Domino's, Etsy, iHeartMedia, PicsArt, SoundCloud, and Urban Outfitters.

Where is Braze, Inc. headquartered?

Braze, Inc. is headquartered in New York.

How does Braze's platform drive ROI for brands?

Braze's platform drives ROI by enabling personalized marketing campaigns, fostering deep customer engagement, and enhancing customer retention and monetization.

What is Sage AI by Braze?

Sage AI is Braze's AI engine designed to enhance the platform's data ingestion, classification, orchestration, personalization, and action layers.

How many user profiles does Braze power globally?

Braze powers over a billion user profiles globally.

What is the financial condition of Braze, Inc.?

Braze generates the majority of its revenue from the United States and is venture-funded, continuously expanding its market presence.

Where can I learn more about Braze's latest news and updates?

You can stay updated with the most recent developments and company news on Braze's official website and financial news platforms.
Stock BRZE logo
Braze, Inc.

Nasdaq:BRZE

BRZE Rankings

#1317 Ranked by Market Cap
N/A Ranked by Dividends

BRZE Stock Data

4.76B
77.94M
11.51%
81.52%
3.16%
Software - Application
Services-prepackaged Software
Link
United States of America
NEW YORK