Braze Stock Jumps Over 23% In Pre-Market Session—Here's Why

Braze Inc. (NASDAQ:BRZE) climbed 23.36% to $22.23 in pre-market trading on Wednesday after the company released its fiscal fourth-quarter 2026 results. The stock of the cloud-based customer engagement platform closed the regular session 4.76% lower at $18.02, according to Benzinga Pro data. What Do The Q4 Results Say? Braze reported the following results compared with the same quarter a year earlier: MetricQ4 FY2026Q4 FY2025Revenue$205.2M$160.4M Non-GAAP Operating Income$14.5M$7.9MTotal Customers2,6092,296Free Cash Flow$13.9M$15.2M Braze's fourth-quarter revenue rose 27.9% year over year. Customers with annual recurring revenue of $500,000 or more increased to 333 from 247 and quarterly bookings grew more than 50% from the same period a year earlier. “The world’s largest and most sophisticated brands are choosing Braze as a foundational partner,” said CEO Bill Magnuson. Full-Year FY2026 Results Full-year revenue for Braze totaled $738.2 million, up 24.4% from a year earlier. Non-GAAP operating income reached $28.5 million, compared with breakeven in fiscal 2025. Free cash flow for the company increased to $58.1 million from $19.6 million. Repurchase Program, Financial Outlook Braze’s Board approved a $100 million share repurchase program. The company plans to imminently enter into an accelerated share repurchase transaction of approximately $50 million of its outstanding Class A Common Stock. Braze provided the following guidance for the first quarter and full year of fiscal 2027: MetricQ1 FY2027FY2027Revenue$204.5M – $205.5M$884.0M – $889.0MNon-GAAP Operating Income$10.0M – $11.0M$69.0M – $73.0MNon-GAAP Net Income$11.0M – $12.0M$69.0M – $73.0MNon-GAAP EPS (Diluted)$0.10 – $0.11$0.61 – $0.65Wtd. Avg. Shares (Diluted)~112.0M~113.0M Trading Metrics, Technical Analysis Braze Inc. has a market capitalization of $2.03 billion and a 52-week trading range of $43.89 to $15.26. It has a Relative Strength Index (RSI) of 41.76. BRZE has dropped 53.96% over the past 12 months, underscoring challenges for its longer-term outlook. The small-cap stock is currently positioned at about 9.65% of its 52-week range from the bottom, just above its annual low. Benzinga's Edge Stock Rankings indicate that BRZE has a negative price trend across all time frames. Photo courtesy: FabrikaSimf on Shutterstock.com Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.