BRZE - Braze's Profitability Goal: Aiming For Positive Operating Margins Within A Year
2024-01-30 22:57:10 ET
Summary
- Braze exhibits potential inflection, aiming for a +5% non-GAAP operating margin within the next 12 months.
- I anticipate a robust growth trajectory, projecting a minimum 25% CAGR in revenues over the next year.
- Despite near-term challenges, including macroeconomic uncertainties and a deceleration in customer adoption rates, Braze's fundamentals and conservative growth estimates instill confidence in its valuation, presenting an attractive opportunity for investors.
Investment Thesis
Braze ( BRZE ) stock's expectations are relatively muted, even as the company is delivering strong results....
Braze's Profitability Goal: Aiming For Positive Operating Margins Within A Year