Piper Sandler Maintains Overweight on Braze, Inc. (BRZE) Despite Target Cut Amid Broader Software Multiple Reset

On February 3, Piper Sandler lowered its terms people connected Braze, Inc. (NASDAQ:BRZE) to $30 from $50 portion maintaining an Overweight standing pursuing a transportation of coverage. The revision was portion of a broader reset crossed the platforms and applications group, wherever the steadfast downgraded aggregate names and reduced targets, citing concerns that “seat-compression and vibe coding” narratives could bounds valuation enlargement crossed software. Piper emphasized that the determination was not tied to near-term fundamentals oregon a circumstantial presumption connected Braze’s upcoming Q4 results, but alternatively reflected a much cautious stance connected bundle multiples amid lingering capitalist pessimism toward the sector.

For Q3 fiscal 2026, the institution reported gross of $191 million, representing 25.5% year-over-year maturation and a 6% sequential increase. Customer additions were a notable highlight, with 106 nett caller customers added during the 4th and 317 added implicit the past year, marking Braze, Inc. (NASDAQ:BRZE)’s strongest lawsuit maturation 4th successful 3 years. These results constituent to sustained request for its lawsuit engagement tools contempt a much restrained spending situation crossed endeavor software.

Founded successful 2011 and headquartered successful New York City, Braze, Inc. (NASDAQ:BRZE) is simply a cloud-based lawsuit engagement level that enables brands to negociate personalized, multichannel selling campaigns crossed mobile, web, email, and messaging channels. While near-term valuation sentiment toward bundle remains cautious, Braze’s accordant gross maturation and improving lawsuit acquisition trends suggest the institution remains well-positioned wrong the broader lawsuit engagement and data-driven selling landscape.

While we admit the imaginable of BRZE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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