BRZE - Braze: Must Overcome Its Growth Challenges
2024-04-18 06:18:55 ET
Summary
- Challenges arise for Braze from significant deceleration in revenue growth rates.
- The stock valuation of Braze at 7x forward sales may be cheap considering the potential for breakeven profitability in the next 12 months.
- BRZE has a strong financial position, with cash and equivalents making up more than 10% of its market cap and no debt.
Investment Thesis
Braze, Inc. ( BRZE ) provides a platform for businesses to engage with their customers across various channels like emails and app notifications, think Salesforce ( CRM ) or HubSpot ( HUBS ). They specialize in personalized messaging, helping businesses communicate with their customers....
Braze: Must Overcome Its Growth Challenges