BRZE Braze, Inc. Class A Common Stock

XNAS 45.84 Delayed
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

BRZE $45.84 —
Key stats
$45.84
52-Week Range
$15.26 – $45.95
YTD
+40.83%
IV Rank (30D)
3.59
Straddle Price
$1.15
P/C Vol Ratio
0.42
Market Cap
$5.2B
Open
$45.84
Day Range
$45.76 – $45.87
Volume
6,255,568
Prev Close
$45.88
Fair Value
MODEL: LONG

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.13%
Beta vs SPY1.53
Cost of Equity (CAPM)12.60% (VRP-adj)
WACC12.71%
Volatility Risk Premium+0.8pp (IV − HV30), ERP adj -11bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+19.1%
DCF Horizon10 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.1B
Return on Equity (TTM)-18.8%
Book / Price12.5%
Debt / Equity0.02
Quality Score3/6 — normal (10y DCF)
SMA 50$29.58 (Market Anchor value)
SMA 20 / Bollinger Mid$31.02
Bollinger Width / SMA20317.2% (drives anchor stability)
Net Debt$-0.2B
Market Cap$5B
Peers used for multiples: BMBL, DDOG, DOCN, DV, PTC, SLAB, VRNS (filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
62%
20-Day Fair Value
≈ by Nov 24, 2026
$45.89
α +0.1% rank 44%
conviction
6%
40-Day Fair Value
≈ by Dec 23, 2026
$46.25
α +0.9% rank 49%
conviction
30%
60-Day Fair Value
≈ by Jan 21, 2027
$46.74
α +2.0% rank 53%
conviction
62%
MethodImplied PriceWeightDetail
DCF $21.15 33%
DDM (Gordon) n/a 0%
Peer P/E n/a 0% median 41.0× · 4 peers
Peer EV/EBITDA n/a 0% median 18.0× · 5 peers
Peer P/B $38.72 13% median 6.7× · 7 peers
Peer P/S n/a 0% median 8.2× · 7 peers
Market Anchor (SMA50) $29.58 53% stability 80% (BB-width)
Options Expected (B-L 30d) $46.03 0% 5 strikes · skew -0.32
As of 2026-10-26 · updated
About
Industry (SIC)
SERVICES-PREPACKAGED SOFTWARE (7372) · industry map
Exchange
XNAS
Market Cap
$5.2B
Employees
1,988
List Date
2021-11-17
CIK
0001676238
Next Earnings
2026-12-08 (After-Close)
EPS Forecast
($0.22) (6 est.)
Headquarters
New York, NY
Homepage
https://www.braze.com

Braze Inc is a customer engagement platform that powers customer-centric interactions between consumers and brands. The company provides solutions for Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality related industries. The company offers a single, vertically integrated platform that encompasses the various functionalities, or layers, required for modern customer engagement: data ingestion, classification, orchestration, personalization, and action, all of which is supported by Sage AI by Braze, its AI engine designed to power AI functionality across all…

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan---31.31%24.22%7.39%5.97%-36.04%-5.95%
Feb---21.87%-7.47%3.45%-10.93%-8.44%-9.05%
Mar---1.47%12.97%-22.46%2.73%26.77%3.71%
Apr---0.72%-17.51%-2.26%-14.41%-6.57%-8.29%
May---18.08%12.54%-6.90%17.46%8.79%2.76%
Jun--6.18%36.12%4.89%-23.06%-23.28%0.17%
Jul--11.18%4.34%11.80%-1.06%8.68%6.99%
Aug---7.00%4.26%6.92%5.73%32.50%8.48%
Sep---10.35%-0.62%-25.31%5.18%-23.43%-10.91%
Oct---18.68%-9.19%-2.45%2.21%78.71%*10.12%
Nov-18.41%-12.41%28.82%25.42%1.81%--5.05%
Dec14.82%5.61%-5.63%6.43%21.04%--8.45%
Total-6.32%-68.16%95.83%-4.41%3.94%14.07%5.83%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $32.15
SMA 50: $29.91
SMA 200: $24.27
Current: $45.84
EMA 12: $38.28
EMA 26: $33.47
MACD: 4.8058 | Signal: 2.0607
BULLISH
ADX (14): 38.64
TREND
+DI: 60.71
−DI: 8.73

Momentum Oscillators

RSI (14): 84.05
OVERBOUGHT
Stoch %K: 99.57
Stoch %D: 99.56
Williams %R: -0.53

Volume & Volatility

BB Upper: $48.26
BB Lower: $16.05
NEUTRAL
OBV: 109,796,604
Vol SMA 20: 6,793,394
Vol ROC: 191.68%
ATR: $1.92
True Range: $0.12
HV 20: 151.8%
HV 30: 129.6%
HV 60: 113.8%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis

Here is a comprehensive stock analysis report for BRZE:

Executive Summary

BULLISH (Confidence Level: 7/10)

Key drivers:

  • Strong technical momentum signals
  • Positive news sentiment
  • Moderate volatility

Primary risks:

  • Potential overbought condition
  • Earnings expectations may not meet market's optimistic views

Investment thesis:

BRZE is poised for further upside momentum due to a confluence of positive technical and fundamental indicators. The stock has recently broken above its 20-day SMA, indicating a potential trend reversal. Additionally, the options market is pricing in a significant move, which could be driven by upcoming earnings or other catalysts.

Recent news sentiment impact:

The recent news headlines have had a largely positive impact on BRZE's price action. The positive news articles have helped to drive the stock higher, while the negative article has been largely overshadowed by the more recent bullish momentum signals.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Bullish
  • Medium-term (1-3 months): Neutral
  • Long-term (3-12 months): Bullish

Support/Resistance Levels:

  • Key resistance levels: $29.31 (upper Bollinger Band), $30.00 (psychological level)
  • Key support levels: $25.38 (SMA 20), $23.74 (SMA 50)

Momentum Signals:

  • RSI interpretation: Neutral (64.89)
  • MACD signal: Bullish
  • Bollinger Bands position: Squeeze, indicating potential breakout

News & Sentiment Analysis

Recent Headlines Summary:

The recent news headlines have been largely positive, with articles highlighting the stock's strong performance and potential catalysts.

Sentiment Assessment: Positive (7/10)

Catalyst Identification: Upcoming earnings, potential product launches

Market Narrative: The market is pricing in a significant move for BRZE, which could be driven by upcoming earnings or other catalysts.

Risk & Volatility Assessment

Beta Interpretation: Moderate risk relative to the market (0.81)

Volatility Regime: Moderate volatility - stock generally follows market

Options Market Signals:

  • IV rank: Low
  • Put/call ratio: 0.12 (Bullish sentiment)
  • Unusual activity: None

Market Context & Positioning

Sector Performance: BRZE is outperforming its sector peers

Institutional Activity: Moderate institutional interest, with a volume pattern suggesting increased buying pressure

Correlation Analysis: The stock is positively correlated with the market (R-squared = 0.15)

Relative Valuation: BRZE is trading near the upper end of its historical range

Key Levels & Action Items

  • Critical price levels: $29.31, $30.00
  • Breakout/breakdown levels: $25.38, $23.74
  • Time-sensitive catalysts: Upcoming earnings, potential product launches
  • Risk management: Stop-loss levels at $27.50 and $24.50, position sizing considerations

Please note that this is a comprehensive analysis report, and the specific data provided is based on the given prompt template.

Generated
News
All BRZE news →
Showing 1–10 of 21
Page 1 of 3
Earnings History
14 of 19 under expected move
Avg Expected Move
16.97%
Avg Actual Move
10.39%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2022-06-13 After-Close 20.54% 9.01% 0.44x Within
2022-09-12 After-Close 13.19% 19.27% 1.46x Exceeded
2022-12-13 After-Close 17.65% 2.11% 0.12x Within
2023-03-30 After-Close 17.03% 9.40% 0.55x Within
2023-06-08 After-Close 16.79% 16.18% 0.96x Within
2023-09-07 After-Close 12.59% 3.13% 0.25x Within
2023-12-06 After-Close 12.38% 3.44% 0.28x Within
2024-03-27 After-Close 15.52% 12.42% 0.80x Within
2024-06-06 After-Close 14.68% 0.35% 0.02x Within
2024-09-05 After-Close 17.51% 19.40% 1.11x Exceeded
2024-12-09 After-Close 17.94% 2.03% 0.11x Within
2025-02-03 After-Close 11.08% 2.60% 0.23x Within
2025-03-27 After-Close 22.68% 2.21% 0.10x Within
2025-06-05 After-Close 15.86% 17.65% 1.11x Exceeded
2025-09-04 After-Close 18.53% 13.59% 0.73x Within
2025-12-09 After-Close 16.88% 18.08% 1.07x Exceeded
2026-03-24 After-Close 21.64% 19.87% 0.92x Within
2026-05-27 After-Close 22.07% 4.96% 0.22x Within
2026-09-08 After-Close 17.82% 21.73% 1.22x Exceeded

Earnings calendar: this week’s reports with expected vs actual moves →

BRZE Options Activity & IV Rank

BRZE IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 10.5%
7-DTE IV: —
Expected Move: $1.15
7-DTE Move: $1.15
Days to Exp: 25 (2026-11-20)

Options Flow

Call Volume: 1,197
Put Volume: 499
P/C Volume: 0.417
BULLISH
Call OI: 17,488
Put OI: 6,454
P/C OI: 0.369
Total OI: 23,942

ATM Options Pricing

ATM Call: $1.00
ATM Put: $0.15
Call %: 2.2%
Put %: 0.3%

Chain Summary

Chain Volume: 37,777
Chain OI: 70,817
Last Updated: 10/26/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
HIGH γ vs HISTORY

Estimated net dealer gamma is at the 100th percentile of this name's own daily history, near the high end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
100%
vs own history
GEX tilt
+0.59
OI-weighted, today
Vanna tilt
+0.80
δ-sensitivity to IV
Charm tilt
-0.82
δ-decay vs time
Vanna tilt +0.80: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.82: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 26 ATM contracts, 35k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 26 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 26 · ATM 6.5% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)3.6LowOct 26
Straddle Price (30 DTE)$1.15Oct 26
Beta Analysis

Risk Metrics

Beta: 0.9512
Alpha: 72.75%
Correlation: 0.1365
R-Squared: 1.9%
Stock Volatility: 88.8%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
Notable investors who own BRZE
4 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Millennium Management Hedge fund
Izzy Englander
$82.2M
0.06%
#407 of 3716-13.6%13F
Citadel Hedge fund
Ken Griffin
$27.7M
0.02%
#974 of 6285-46.8%13F
Point72 Hedge fund
Steve Cohen
$2.3M
0.00%
#1228 of 1945-96.6%13F
Rockefeller Capital Management Family office
Rockefeller family
$545K
0.00%
#2040 of 4729+4.3%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

BRZE Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 108,284,250 (as of 2026-04-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

258 filers110,746,384 shares$2.53B value102.27% of float
# Filer Shares Value % of Total % of Float Period
1 FMR LLC Custodian 16,894,687 $366.45M 14.46% 15.60% 2026-06-30
2 Vanguard Group Inc Custodian 9,851,050 $337.79M 13.33% 9.10% 2025-12-31
3 BlackRock, Inc. Custodian 8,399,672 $182.19M 7.19% 7.76% 2026-06-30
4 Vanguard Portfolio Management LLC 5,584,287 $121.12M 4.78% 5.16% 2026-06-30
5 Pictet Asset Management Holding SA 5,049,223 $109.52M 4.32% 4.66% 2026-06-30
6 Battery Management Corp. 4,628,289 $100.39M 3.96% 4.27% 2026-06-30
7 Vanguard Capital Management LLC 3,983,946 $86.41M 3.41% 3.68% 2026-06-30
8 Millennium Management LLC Custodian 3,789,708 $82.20M 3.24% 3.50% 2026-06-30
9 WESTFIELD CAPITAL MANAGEMENT CO LP 2,617,532 $56.77M 2.24% 2.42% 2026-06-30
10 Geode Capital Management, LLC Custodian 2,545,492 $55.22M 2.18% 2.35% 2026-06-30
11 The Manufacturers Life Insurance Company 2,469,004 $53.55M 2.11% 2.28% 2026-06-30
12 State Street Corp 2,402,065 $52.05M 2.05% 2.22% 2026-06-30
13 Optimus Prime Fund Management Co., Ltd. 2,010,000 $43.60M 1.72% 1.86% 2026-06-30
14 American Century Companies, Inc. 1,794,633 $38.93M 1.54% 1.66% 2026-06-30
15 Nuveen, LLC Custodian 1,747,584 $37.91M 1.50% 1.61% 2026-06-30
16 Solel Partners LP 1,672,000 $36.27M 1.43% 1.54% 2026-06-30
17 SAPPHIRE VENTURES, L.P. 1,665,798 $36.13M 1.43% 1.54% 2026-06-30
18 Stephens Investment Management Group LLC 1,520,241 $32.97M 1.30% 1.40% 2026-06-30
19 Goldman Sachs Group Inc Custodian 1,379,796 $29.93M 1.18% 1.27% 2026-06-30
20 Citadel Advisors LLC Custodian 1,278,093 $27.72M 1.09% 1.18% 2026-06-30
21 Arrowstreet Capital, Limited Partnership 1,215,638 $26.37M 1.04% 1.12% 2026-06-30
22 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 1,153,917 $25.03M 0.99% 1.07% 2026-06-30
23 Dimensional Fund Advisors LP Custodian 1,152,779 $25.00M 0.99% 1.06% 2026-06-30
24 UBS Group AG Custodian 1,117,104 $24.23M 0.96% 1.03% 2026-06-30
25 Bank of America Corp Custodian 1,116,108 $24.21M 0.96% 1.03% 2026-06-30
11 filers$37.68M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $11.00M 29.19% 2026-06-30
2 Citadel Advisors LLC Custodian $8.31M 22.05% 2026-06-30
3 Jane Street Group, LLC Custodian $4.40M 11.68% 2026-06-30
4 Verition Fund Management LLC $3.25M 8.63% 2026-06-30
5 GROUP ONE TRADING LLC Custodian $3.08M 8.17% 2026-06-30
6 IMC-Chicago, LLC Custodian $2.86M 7.59% 2026-06-30
7 Simplex Trading, LLC Custodian $2.52M 6.69% 2026-06-30
8 Wolverine Trading, LLC Custodian $1.07M 2.83% 2025-09-30
9 Walleye Capital LLC $724.45K 1.92% 2026-06-30
10 Walleye Trading LLC $325.35K 0.86% 2026-06-30
11 Point72 Asset Management, L.P. $140.99K 0.37% 2026-06-30
12 filers$7.45M notional
# Filer Notional Value % of Total Period
1 Citadel Advisors LLC Custodian $1.21M 16.30% 2026-06-30
2 IMC-Chicago, LLC Custodian $1.18M 15.90% 2026-06-30
3 Susquehanna International Group, LLP Custodian $1.18M 15.78% 2026-06-30
4 Citigroup Inc. Custodian $1.08M 14.56% 2026-06-30
5 Jane Street Group, LLC Custodian $876.28K 11.76% 2026-06-30
6 D. E. Shaw & Co., Inc. Custodian $694.08K 9.32% 2026-06-30
7 Walleye Trading LLC $312.34K 4.19% 2026-06-30
8 Walleye Capital LLC $303.66K 4.08% 2026-06-30
9 Wolverine Trading, LLC Custodian $244.87K 3.29% 2025-09-30
10 PEAK6 LLC $216.90K 2.91% 2026-06-30
11 GROUP ONE TRADING LLC Custodian $117.13K 1.57% 2026-06-30
12 Simplex Trading, LLC Custodian $26.03K 0.35% 2026-06-30

BRZE Insider Trading (Form 4)

Latest: 2026-10-22
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-22 Astha Malik Chief Business Officer Sell (S) −15,724 $29.57 -$464.9K EDGAR
2026-10-22 Astha Malik Chief Business Officer Tax (F) −21,277 $28.93 -$615.5K EDGAR
2026-10-22 Jonathan Hyman Chief Technology Officer Sell (S) −295,000 $44.81 -$13.22M EDGAR
2026-08-28 Jonathan Hyman Chief Technology Officer Sell (S) −42,000 $32.47 -$1.36M EDGAR
2026-08-26 Edward M. McDonnell Chief Revenue Officer Sell (S) −29,732 $31.38 -$932.9K EDGAR
2026-08-26 Jonathan Hyman Chief Technology Officer Sell (S) −10,000 $31.04 -$310.4K EDGAR
2026-08-21 Jonathan Hyman Chief Technology Officer Sell (S) −9,413 $29.99 -$282.3K EDGAR
2026-08-21 Astha Malik Chief Business Officer Sell (S) −15,724 $29.57 -$464.9K EDGAR
2026-08-19 Pankaj Malik Chief Accounting Officer Tax (F) −2,121 $28.93 -$61.4K EDGAR
2026-08-19 Edward M. McDonnell Chief Revenue Officer Tax (F) −92,970 $28.93 -$2.69M EDGAR
2026-08-19 William Magnuson Chief Executive Officer Tax (F) −46,421 $28.93 -$1.34M EDGAR
2026-08-19 Jonathan Hyman Chief Technology Officer Tax (F) −15,784 $28.93 -$456.6K EDGAR
2026-08-19 Astha Malik Chief Business Officer Tax (F) −21,277 $28.93 -$615.5K EDGAR
2026-08-14 Jonathan Hyman Chief Technology Officer Sell (S) −35,000 $30.03 -$1.05M EDGAR
2026-08-12 Astha Malik Chief Business Officer Sell (S) −33,656 $27.65 -$930.6K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

BRZE Insider Holdings

20 insiders · @ $45.84
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Binder Clip Holdings LLC 10%+ Owner 8,634,408 $395.80M $0 3 2024-11-14
2 William Magnuson Chief Executive Officer 4,844,830 $222.09M -$7.58M 23 2026-08-19
3 Jonathan Hyman Chief Technology Officer 1,198,219 $54.93M -$40.38M 64 2026-10-22
4 Neeraj Agrawal Director 590,645 $27.08M $21.12M 17 2026-07-02
5 Isabelle Winkles Chief Financial Officer 429,209 $19.67M -$17.94M 55 2026-05-19
6 Edward M. McDonnell Chief Revenue Officer 415,435 $19.04M -$932.9K 5 2026-08-26
7 Dharmesh Thakker 10%+ Owner 364,271 $16.70M -$1.11M 2 2025-04-14
8 Battery Ventures XI-A Side Fund, L.P. 10%+ Owner 357,833 $16.40M $0 1 2025-04-14
9 Astha Malik Chief Business Officer 257,756 $11.82M -$5.04M 15 2026-10-22
10 Scott R Tobin 10%+ Owner 249,767 $11.45M -$12.17M 3 2025-04-14
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

BRZE Board & Officers

As of SEC filings through Oct 22, 2026

Directors 7

Officers 8

Changes in the last 10 years (130)
May 19, 2026Christopher M. Lal became General Counsel & Corp. Sec.
Apr 28, 2026The company announced the departure of Isabelle Winkles as Chief Financial Officer in an SEC filing
Apr 7, 2026The company announced the departure of Susan Wiseman as General Counsel in an SEC filing
Jul 7, 2025Edward M. McDonnell became Chief Revenue Officer
May 21, 2025Braze, Inc. first on file as Chief Business Officer
Apr 14, 2025Scott R Tobin reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Russell L Fleischer reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Roger H Lee reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Neeraj Agrawal no longer listed as a 10% owner in SEC filings
Apr 14, 2025Michael Maurice Brown reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Jesse Feldman reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Dharmesh Thakker reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Chelsea R. Stoner reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Battery Ventures XI-B, L.P. reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Battery Ventures XI-B Side Fund, L.P. reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Battery Ventures XI-A, L.P. reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Battery Ventures XI-A Side Fund, L.P. reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Battery Partners XI, LLC reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Battery Partners XI Side Fund, LLC reported in an SEC filing no longer being a 10% owner
Apr 14, 2025Battery Investment Partners XI, LLC reported in an SEC filing no longer being a 10% owner
Not reported recently (22)
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

BRZE Proposed Insider Sales (Form 144)

Latest: 2026-10-20
Last 30d: 2 filings · $8.8M notice value  ·  Last 90d: 13 filings · $16.1M notice value · 4 unique filers · 77% under 10b5-1 plans

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: JONATHAN HYMAN (7, $12.4M) · SUSAN M WISEMAN (3, $1.4M) · ASTHA MALIK (2, $1.4M) · EDWARD MCDONNELL (1, $923K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-10-20 JONATHAN HYMAN Officer 285,000 $8.56M 2026-10-20 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-10-15 JONATHAN HYMAN Officer 10,000 $282.5K 2026-10-15 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-08-27 JONATHAN HYMAN Officer 42,000 $1.29M 2026-08-27 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-08-27 SUSAN M WISEMAN Former Affiliate 10,000 $336.7K 2026-08-27 Morgan Stanley Smith Barney LLC … — EDGAR
2026-08-26 SUSAN M WISEMAN Former Affiliate 15,000 $455.5K 2026-08-26 Morgan Stanley Smith Barney LLC … — EDGAR
2026-08-24 EDWARD MCDONNELL Officer 29,732 $923.5K 2026-08-24 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-08-24 JONATHAN HYMAN Officer 10,000 $310.6K 2026-08-24 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-08-19 JONATHAN HYMAN Officer 9,413 $274.1K 2026-08-19 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-08-19 ASTHA MALIK Officer 15,724 $457.9K 2026-08-19 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-08-13 JONATHAN HYMAN Officer 35,000 $968.8K 2026-08-13 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
73 ETFs hold BRZE
25 shown · $514.85M total exposure · 0.09% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.15% $110.8M $74.6B 2026-10-23
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $67.9M — 2026-09-30
3 VB Vanguard Morningstar Small-Cap ETF Vanguard 0.03% $47.7M — 2026-09-30
4 VGT Vanguard Information Technology ETF Vanguard 0.03% $46.5M — 2026-09-30
5 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.30% $41.1M $13.7B 2026-10-23
6 DFAS Dimensional US Small Cap ETF Dimensional 0.09% $31.0M — 2026-10-23
7 VBK Vanguard Morningstar Small-Cap Growth ETF Vanguard 0.06% $26.6M — 2026-09-30
8 VXF Vanguard Extended Market ETF Vanguard 0.03% $26.5M — 2026-09-30
9 IGV iShares Expanded Tech-Software Sector ETF iShares (BlackRock) 0.14% $20.3M $14.3B 2026-10-23
10 VTWO Vanguard Russell 2000 ETF Vanguard 0.08% $14.0M — 2026-09-30
11 SCHA Schwab U.S. Small-Cap ETF Nport 0.05% $12.1M — 2026-05-31
12 DFMC Dimensional US Micro Cap ETF Dimensional 0.14% $10.6M — 2026-10-23
13 FTEC Fidelity MSCI Information Technology Index ETF Fidelity 0.05% $10.6M $21.1B 2026-10-23
14 FYC First Trust Small Cap Growth AlphaDEX® Fund First Trust 0.70% $9.2M $1.3B 2026-10-23
15 XSW State Street® SPDR® S&P® Software & Services ETF SPDR (State Street) 1.34% $6.5M $485.3M 2026-10-23
16 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.01% $5.9M $96.5B 2026-10-23
17 FYX First Trust Small Cap Core AlphaDEX® Fund First Trust 0.34% $4.6M $1.4B 2026-10-23
18 WCLD WisdomTree Cloud Computing Fund Nport 1.67% $4.1M — 2026-06-30
19 SMLF iShares U.S. Small-Cap Equity Factor ETF iShares (BlackRock) 0.10% $4.0M $4.2B 2026-10-23
20 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.00% $3.8M — 2026-10-23
21 VTWG Vanguard Russell 2000 Growth ETF Vanguard 0.16% $2.6M — 2026-09-30
22 IGM iShares Expanded Tech Sector ETF iShares (BlackRock) 0.02% $2.2M $10.9B 2026-10-23
23 ESML iShares ESG Aware MSCI USA Small-Cap ETF iShares (BlackRock) 0.08% $2.1M $2.7B 2026-10-23
24 RSSL Global X Russell 2000 ETF Global X 0.15% $2.1M — 2026-10-26
25 VT Vanguard Total World Stock ETF Vanguard 0.00% $2.0M — 2026-09-30
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
—
TTM Revenue
—
TTM Net Income
—
TTM Op. Cash Flow
—
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '272026-07-31$227.23M$-18.85M$-0.17$24.21M
Q1 '272026-04-30$211.00M$-26.59M$-0.24$28.13M
Q4 '262026-01-31$205.17M$-31.60M$-0.29$19.38M
Q3 '262025-10-31$190.84M$-36.00M$-0.33$20.97M
Q2 '262025-07-31$180.11M$-27.90M$-0.26$6.95M
Q1 '262025-04-30$162.06M$-35.79M$-0.34$24.14M
Q4 '252025-01-31$160.40M$-17.19M$-0.17$17.08M
Q3 '252024-10-31$152.05M$-27.91M$-0.27$-11.41M
Q2 '252024-07-31$145.50M$-23.00M$-0.23$11.61M
Q1 '252024-04-30$135.46M$-35.64M$-0.35$19.39M
Q4 '242024-01-31$130.96M$-28.28M$-0.29$3.82M
Q3 '242023-10-31$123.96M$-30.74M$-0.31$-2.00M
Q2 2027 • period ending 2026-07-31 • filed 2026-09-09
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
8.53
P/S
6.31
EV/EBITDA
—
EV/Sales
6.12
ROE
-21.0%
ROA
-11.2%
Div Yield
0.00%
FCF Yield
1.52%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$4.96B
as of 2026-10-26
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
8.10M
SI % of Float
9.53%
Days to Cover
4.16
Short Vol Ratio
42.3%
Free Float
85.09M
Float %
74.9%
Short interest 2026-09-30 • Short volume 2026-10-26 • Float 2026-09-09