The latest update is out from Braze ( (BRZE) ).
On March 27, 2025, Braze announced its intent to acquire OfferFit, a company specializing in AI decisioning technology, for $325 million. This acquisition is expected to enhance Braze’s capabilities in providing personalized customer journeys at scale. The announcement follows a strong fiscal year for Braze, which saw a 26% increase in revenue, driven by new customer acquisitions, upsells, and renewals. The acquisition is anticipated to further solidify Braze’s position in the customer engagement industry by integrating advanced AI technologies. The transaction is expected to close by the end of Braze’s fiscal quarter ending July 31, 2025, subject to customary closing conditions.
More about Braze
Braze is a leading customer engagement platform that empowers brands to create personalized and engaging experiences for their customers. The company focuses on leveraging AI and machine learning to enhance customer relationship management (CRM) marketing, aiming to drive higher conversions, retention, and lifetime value for its clients.
YTD Price Performance: -13.97%
Average Trading Volume: 1,187,655
Technical Sentiment Signal: Buy
Current Market Cap: $3.86B
For an in-depth examination of BRZE stock, go to TipRanks’ Stock Analysis page.