Braze Stock Drops: 2026 EPS Guidance Cut Shocks Investors

Braze, Inc. fell 1.41% in premarket trading after the company lowered its adjusted earnings per share guidance for the 2026 fiscal year from 31 cents to 35 cents, raising concerns about future profitability. Additionally, multiple analysts reduced their price targets for Braze, with Morgan Stanley lowering its target from $47 to $45 and UBS from $51 to $48. Investors also reacted to the growth concerns stemming from the company's acquisition, despite first-quarter earnings exceeding expectations.