Braze Stock Plummets 11.77%: Q1 2026 Results Shock Investors

Braze, Inc. dropped 11.77% in premarket trading. The decline may be attributed to the company's recent earnings report, which, despite showing strong revenue growth and profitability, did not meet market expectations. Additionally, the appointment of a new executive, Ed McDonnell, to lead global revenue operations, while potentially beneficial in the long term, may not have been enough to offset investor concerns about the company's near-term performance.