Here are the key analyst insights:
Cantor Fitzgerald analyst Matthew VanVliet reiterated an Overweight rating and price target of $38.
DA Davidson analyst Clark Wright maintained a Buy rating and price target of $33.
Check out other analyst stock ratings.Cantor Fitzgerald: Braze reported both revenue and cRPO (current remaining performance obligations) 2.8% higher than consensus estimates. However, the complete $6 million revenue beat was due to Professional Services, while Subscription revenues were in-line with expectations.VanVliet noted the following KPIs (key performance indicators):
Net recurring revenues (NRR) grew 1 percentage points to 110%
