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An announcement from Braze ( (BRZE) ) is now available.
On January 30, 2026, Braze, Inc. completed an automatic conversion of all outstanding shares of its high-vote Class B common stock into an equivalent number of single-vote Class A common shares, after the Class B float fell below 10% of total outstanding common stock on October 21, 2025, in line with its certificate of incorporation. The move eliminated the dual-class voting structure, reduced former Class B holders’ voting power to one vote per share without changing their economic rights, left the total number of outstanding shares unchanged, and resulted in the retirement and de-authorization of the former Class B shares through a Certificate of Retirement filed in Delaware, while Class A stock continues to trade on Nasdaq under the BRZE symbol with the same CUSIP.
The most recent analyst rating on (BRZE) stock is a Hold with a $23.50 price target. To see the full list of analyst forecasts on Braze stock, see the BRZE Stock Forecast page.
Spark’s Take on BRZE Stock
According to Spark, TipRanks’ AI Analyst, BRZE is a Neutral.
The score is driven by improving cash generation and a low-leverage balance sheet, reinforced by a strong and optimistic earnings update showing accelerating revenue growth and better operating leverage. These positives are tempered by persistently negative profitability and weak price momentum, with the stock trading well below major moving averages and showing bearish MACD despite oversold readings.
To see Spark’s full report on BRZE stock, click here.
More about Braze
Braze, Inc. is a publicly traded company listed on the Nasdaq Global Select Market under the ticker symbol BRZE. The company’s capital structure previously included both Class A and Class B common stock, with Class B carrying enhanced voting rights, and its shares are governed by a Delaware-incorporated charter framework that allows for automatic conversion and retirement of certain share classes.
Average Trading Volume: 2,087,658
Technical Sentiment Signal: Sell
Current Market Cap: $2.34B
For a thorough assessment of BRZE stock, go to TipRanks’ Stock Analysis page.