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BRZE — Braze News Story

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Braze jumps after raising profit, revenue forecasts

** Shares of customer engagement platform Braze BRZE.O jump 15% to $35.20 premarket

** Co forecast FY 26 adj. EPS of 42-43 cents vs earlier range of 41-42 cents

** Expects FY 26 revenue of $730.5 mln-$731.5 mln vs previous forecast of $717 mln-$720 mln

** Co's Q3 revenue of $190.8 mln beats analysts' estimates of $183.6 mln - data compiled by LSEG

** Results driven by higher customer growth, upsells and renewals

** All 20 brokerages covering stock rate it "buy" or higher; median PT is $45 - data compiled by LSEG

** As of last close, stock down about 27% YTD

 (Reporting by Avinash P in Bengaluru)

 ((Avinash.P@thomsonreuters.com))

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