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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.

Company Overview

Braze Inc is a customer engagement platform that empowers brands to forge meaningful, personalized connections with their users. Leveraging an integrated, vertically structured approach, the company seamlessly unites data ingestion, classification, orchestration, personalization, and action into a single cohesive platform. The inclusion of Sage AI by Braze within this ecosystem underlines its commitment to harnessing artificial intelligence to enhance every layer of customer interaction.

Core Business and Market Position

At its core, Braze connects brands with their customers in a human-to-human fashion, transcending traditional marketing by focusing on personalized, data-driven engagement. By offering a single platform that aggregates multiple functionalities, the company simplifies the complexities inherent in modern customer engagement strategies. This unification into one robust system not only streamlines the marketing process but also ensures that customer interactions are deeply relevant and timely. Through its platform, Braze addresses the pressing need for marketers in various sectors to better understand and respond to consumer behaviors.

Key Functionalities

The platform is built on several key layers:

  • Data Ingestion: Seamlessly collecting and integrating diverse data sources to build a comprehensive view of each customer.
  • Data Classification: Organizing and categorizing customer data to facilitate effective segmentation.
  • Orchestration: Enabling marketers to design, execute, and automate multi-channel campaigns built on sophisticated workflows.
  • Personalization: Utilizing AI-driven insights to tailor interactions, ensuring each message is contextually relevant.
  • Real-Time Action: Empowering immediate responses based on customer behavior and preferences.

Industry Applications

Braze serves a wide array of industries, including Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality. This versatility illustrates the platform’s capacity to adapt to different market dynamics and consumer expectations. Brands in these sectors utilize Braze’s tools to build more connected, engaging, and ultimately more profitable customer relationships.

Competitive Landscape and Differentiators

Within the competitive landscape of marketing technology, Braze sets itself apart through its single, integrated system that reduces the need for multiple fragmented tools. Its comprehensive data-driven approach and prioritized emphasis on personalization allow it to deliver deeper customer insights and more meaningful interactions. Unlike platforms that offer modular solutions, Braze’s vertically integrated model ensures a consistent, streamlined experience that inherently supports scalability and flexibility. This approach not only enhances operational efficiency but also provides marketers with a clear path to implement customized customer engagement strategies.

Technological Edge

The backbone of Braze’s platform is its strategic use of artificial intelligence via Sage AI by Braze. This proprietary engine integrates advanced analytics into every facet of the platform, ensuring that customer profiles are not merely data points, but actionable insights. By automating segmentation and personalizing outreach in real time, the company reduces manual processing and enhances the accuracy of its targeting efforts, which is crucial for maintaining relevance in the fast-evolving digital marketing landscape.

Business Model and Revenue Generation

The primary revenue model for Braze revolves around subscription-based access to its integrated platform, with potential supplementary revenue streams from customized services and enterprise-level support. This recurring revenue structure provides a stable foundation, enabling the company to continuously invest in technological advancements and platform enhancements.

Summary

In summary, Braze Inc stands as a comprehensive customer engagement solution, employing layered functionalities and robust AI capabilities to empower brands across diverse industries. Its focus on personalized, data-driven interactions not only fosters deep customer relationships but also positions the company as a critical tool for modern marketing practices. For those seeking an unbiased, in-depth understanding of customer engagement technology, Braze represents a benchmark of integrated innovation and operational excellence in the space.

Rhea-AI Summary

Braze (Nasdaq: BRZE) announced the beta launch of Braze Instant Insights, a suite of Snowflake Native Apps on Snowflake Marketplace, at Snowflake Summit 2023. These Analytics Apps, built using the Snowflake Native Application Framework, aim to help joint customers unlock and drive data value. Braze Instant Insights is an advanced analytics engine that enables Braze customers to leverage real-time insights for personalized, strategic cross-channel marketing campaigns.

Additionally, Braze was awarded the Powered by Snowflake award at the fifth annual Data Drivers Awards for North America, recognizing their transformation of the marketing and technology industries through secure data sharing and customer-centric interactions. The collaboration between Braze and Snowflake enables customers to create and analyze impactful customer engagement strategies in real-time and at scale.

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Braze (BRZE) reported strong fiscal Q1 2024 results, with revenue growing 31.3% year-over-year to $101.8 million. The company achieved a dollar-based net retention of 122% for the trailing 12 months. Key financial highlights include:

- Subscription revenue: $97.1 million
- GAAP Gross Margin: 67.9%
- Non-GAAP Gross Margin: 68.8%
- Total customers: 1,866
- GAAP operating loss: $41.9 million
- Non-GAAP operating loss: $16.0 million
- Net cash provided by operating activities: $22.5 million
- Free cash flow: $21.7 million

Braze also provided guidance for Q2 FY2024 and updated full-year FY2024 guidance, projecting continued growth. The company launched new products, announced partnerships, and completed the acquisition of North Star, launching Braze Australia.

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Stitch, a boutique marketing technology consultancy, has announced an exclusive partnership with Braze (NASDAQ: BRZE), a comprehensive customer engagement platform. The partnership aims to disrupt the legacy marketing cloud ecosystem by offering innovative customer engagement solutions. Stitch, launched in 2022, provides services around best-in-breed technologies to help marketers drive meaningful ROI.

Led by Co-Founder and CEO Michael Burton and Co-Founder and Chief Solutions Officer Bobby Tichy, Stitch offers strategy, implementations, integrations, campaign services, and program management. The company also provides targeted services to help marketers migrate from legacy platforms to Braze, which was recently named a category leader in Cross-Channel Marketing Hubs by Forrester Wave.

This partnership focuses on solving key marketing challenges, including easier access to first-party data, improved data activation for customer engagement, and leveraging flexible, modern technology for true ROI. Stitch is an accredited Braze Flight partner and is committed to developing deep expertise in the Braze platform to ensure success for their mutual customers.

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Braze to release its financial results for Q1 FY2024 on June 8th, 2023
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Braze has announced the appointment of Fernando Machado, former Global CMO of NotCo, to its Board of Directors, replacing Matthew Jacobson, who served for over five years. Machado is recognized for his innovative marketing strategies and extensive industry experience, previously holding positions at Activision Blizzard and Restaurant Brands International. Braze's CEO, Bill Magnuson, emphasized Machado's vision for integrating creativity with technology to enhance customer engagement. This leadership change aims to bolster Braze's strategic direction and strengthen its market position.

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FAQ

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

The current stock price of Braze (BRZE) is $33.728 as of March 7, 2025.

What is the market cap of Braze (BRZE)?

The market cap of Braze (BRZE) is approximately 3.6B.

What does Braze Inc specialize in?

Braze Inc specializes in customer engagement technology, offering a unified platform that integrates data ingestion, orchestration, and personalization to facilitate human-centric brand interactions.

How does Braze Inc generate its revenue?

The company primarily operates on a subscription-based model, providing access to its comprehensive, AI-powered platform, with additional revenue streams emerging from enterprise-level services.

Which industries benefit from Braze's platform?

Braze's platform serves multiple sectors, including retail & e-commerce, media & entertainment, financial services, and travel & hospitality, making it versatile for a wide range of customer engagement needs.

What sets Braze apart from other customer engagement platforms?

Braze distinguishes itself with a vertically integrated system that combines data management, campaign orchestration, and personalized interactions, all powered by its proprietary Sage AI engine for enhanced targeting.

How does the AI component enhance Braze's offerings?

The proprietary Sage AI engine processes complex customer data in real time, enabling precise segmentation and personalization of marketing campaigns, which ultimately leads to more relevant and actionable customer interactions.

What can marketers expect when using Braze's platform?

Marketers can expect a streamlined solution that integrates multiple functionalities into one platform, allowing them to manage, automate, and optimize multi-channel campaigns effectively while ensuring deep customer insights.

How does Braze support multi-channel marketing?

Braze provides advanced multi-channel messaging capabilities, ensuring that brands can reach their audiences across various devices and platforms with consistent and personalized communications.

Is Braze suitable for global brands?

Yes, Braze's scalable platform is designed to support global brands by managing and coordinating customer engagement on a large scale, making it a robust solution for enterprises with extensive user bases.
Braze, Inc.

Nasdaq:BRZE

BRZE Rankings

BRZE Stock Data

3.58B
76.57M
11.51%
81.52%
3.16%
Software - Application
Services-prepackaged Software
Link
United States
NEW YORK