Braze Stock Shoots Higher After Q4 Revenue Surprises To Upside

Braze, Inc. (NASDAQ: BRZE) reported fourth-quarter revenue of $205.17 million, exceeding estimates of $198.21 million, and achieved a 28% revenue growth for the quarter. The company also announced a $100 million share buyback program and reported adjusted earnings of ten cents per share, which fell short of the 14 cents consensus estimate. For fiscal 2027, Braze expects adjusted EPS between 61 to 65 cents and revenue between $884 million to $889 million, both above analyst expectations. Following the earnings report, Braze's stock rose 16.54% to $21 in extended trading.