Braze delivered a quarter that exceeded Wall Street’s revenue expectations and was met with a positive market reaction, driven by robust customer additions and the increasing adoption of AI-powered customer engagement solutions. Management credited the quarter’s performance to a broad-based expansion across verticals and geographies, as well as a surge in multi-channel messaging during key marketing periods like Cyber Week. CEO William Magnuson emphasized that Braze’s AI-driven platform is enabling clients to orchestrate more sophisticated campaigns, noting that “marketers continue to evolve away from single channel campaigns toward more sophisticated programs leveraging dynamic data to create and strengthen direct relationships.”

Is now the time to buy BRZE? Find out in our full research report (it’s free for active Edge members).

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From Braze’s Q3 Earnings Call

• Ryan MacWilliams (Wells Fargo): Asked what makes Braze’s platform an easier entry point for AI use cases. CEO William Magnuson explained the agility of deploying AI agents directly within their visual workflow tool, enabling rapid experimentation and real-time results.
• Raimo Lenschow (Barclays): Inquired about the drivers behind migration from legacy platforms. Magnuson described a shift in the competitive landscape, with enterprise customers seeking modern, AI-enabled solutions as legacy providers stagnate.
• Gabriela Borges (Goldman Sachs): Asked about the monetization strategy for AI features. CFO Isabelle Winkles clarified that recurring, always-on AI functions would be incorporated into a usage-based pricing model, offering future revenue potential.
• James Wood (TD Cowen): Sought insight on the surge in new customer generation. Winkles attributed this to improved sales productivity, reduced churn, and the impact of regional and vertical market investments.
• Tyler Radke (Citi): Queried whether Braze is accessing dedicated AI budgets versus traditional marketing spend. Magnuson responded that the company is “selling performance,” with demonstrable ROI from AI-driven campaigns attracting incremental customer investment.

Catalysts in Upcoming Quarters

In the coming quarters, our analysts will watch (1) the adoption rate and monetization of Braze’s AI decisioning studio and operator tools, (2) further market share gains from legacy platform replacements and expansion into regulated industries, and (3) sustained growth in premium messaging channels during major marketing events. Execution on vertical-specific strategies and customer retention improvements will also be key indicators of trajectory.

Braze currently trades at $32.89, up from $30.65 just before the earnings. Is there an opportunity in the stock?See for yourself in our full research report (it’s free for active Edge members).

Our Favorite Stocks Right Now

The market’s up big this year - but there’s a catch. Just 4 stocks account for half the S&P 500’s entire gain. That kind of concentration makes investors nervous, and for good reason. While everyone piles into the same crowded names, smart investors are hunting quality where no one’s looking - and paying a fraction of the price. Check out the high-quality names we’ve flagged in our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 244% over the last five years (as of June 30, 2025).

Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.