Braze Shares See JPMorgan Buying, Early Pullback as AI Debate Fuels Volatility

Mo. Basuony

Published: February 25, 2026 4:37 PM ET

Braze Shares See JPMorgan Buying, Early Pullback as AI Debate Fuels Volatility

braze moved into focus Wednesday after JPMorgan Chase & Co. increased its position in the company while the stock gave back some gains following a sharp rebound — a combination that highlights investor sensitivity to earnings, guidance and the broader AI conversation.

Braze: JPMorgan Raises Stake in Q3

JPMorgan Chase & Co. lifted its position in shares of Braze, Inc. by 6. 0% during the 3rd quarter. The institutional investor owned 2, 455, 367 shares after acquiring an additional 139, 133 shares during the period and held about 2. 21% of Braze, valued at $69, 831, 000 at the end of the most recent reporting period.

Other Institutional Moves and Ownership Concentration

Several other funds adjusted holdings across recent quarters:

SBI Securities Co. Ltd. increased its stake by 173. 3% during the second quarter and now owns 1, 372 shares valued at $39, 000 after purchasing an additional 870 shares.
Osaic Holdings Inc. boosted holdings by 821. 1% in the 2nd quarter and now owns 1, 575 shares valued at $44, 000 after buying an additional 1, 404 shares.
Covestor Ltd grew its position by 35. 7% during the 3rd quarter and now owns 2, 894 shares valued at $82, 000 after buying an additional 761 shares.
State of Alaska Department of Revenue acquired a new stake in Braze during the third quarter worth about $119, 000.
Quent Capital LLC bought a new position in the third quarter worth about $133, 000.

Institutional ownership is concentrated: 90. 47% of the stock is currently held by institutional investors.

Recent Price Action and Volatility

New York, February 25, 2026, 09: 47 EST — Regular session. Shares of Braze stock opened at $17. 32 on Wednesday and dropped 1. 7% to $17. 03 early that day, giving up ground after a sharp bounce from near its 52-week low just the day before. The stock closed out Tuesday at $17. 315, up from Monday’s finish of $15. 79, and climbed 9. 8% on Tuesday amid a broader software rally.

Key price markers: a 1-year low of $15. 26 and a 1-year high of $43. 89. Technical averages cited in recent coverage put the fifty-day moving average at $25. 75 and the two-hundred-day moving average at $27. 60. Market valuation metrics in recent reporting show a market capitalization of $1. 94 billion, a P/E ratio of -15. 75 and a beta of 1. 07.

Earnings, Guidance and Analyst Views

Braze last issued quarterly earnings results on Tuesday, December 9th, reporting $0. 06 EPS for the quarter and meeting analysts' consensus of $0. 06. The company recorded a negative return on equity of 17. 87% and a negative net margin of 16. 85% for the period. Revenue for the quarter was $190. 84 million versus analyst estimates of $198. 25 million; this marked quarterly revenue growth of 25. 5% compared with the same quarter a year earlier, and EPS of $0. 02 in the prior-year period.

Guidance and consensus: Braze set FY 2026 guidance at 0. 420–0. 430 EPS and Q4 2026 guidance at 0. 130–0. 140 EPS. On average, research analysts expect Braze, Inc. will post -0. 98 earnings per share for the current fiscal year.

Recent analyst actions include a $40 target set on Braze by one firm on Monday, February 9th; a restated "sell (d-)" rating on Monday, December 29th; another firm restated an "overweight" rating and set a $38 price objective on Wednesday, December 10th; a separate firm reaffirmed a "market outperform" rating with a $68 target on Wednesday, December 10th; and one research shop raised Braze to an "overweight" rating on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating; further analyst tallies are unclear in the provided context.

Macro Signals, AI Debate and What Comes Next

Macro headlines have been moving sentiment: a pickup in U. S. consumer confidence for February helped lift stocks broadly and supported gains in smaller software names. The conversation around AI agents in marketing and customer-engagement remains unsettled—some market participants see a boost to vendors, others warn of risks, and many acknowledge both outcomes are possible. Shares tied to the AI trend have see-sawed in recent sessions.

On the AI front, Anthropic rolled out additional options for companies to integrate its Claude platform weeks after an earlier launch that rattled parts of the software sector. The company pushed deeper into the AI conversation with a new "Customer Engagement Review" report that highlighted a perceived "trust gap" between marketer expectations and consumer sentiment. Astha Malik, Braze’s chief business officer, warned that the rise of agentic commerce can make marketers feel their direct customer relationships are slipping away.

Outlook: the rebound in recent sessions looks fragile; if optimism about rate cuts fades or if investors conclude AI tools could shrink marketing software budgets, Braze could revisit recent lows. Earnings are next on the calendar, with a report listed for around March 26, when investors will be watching growth, margins and early adoption signals for AI-powered products.