Braze Inc

BRZE has broken decisively below its key horizontal support and fallen below the 9-, 20-, and 50-day EMAs on heavy volume, signaling a Stage 4 decline. Intermediate and long-term moving averages have turned down, confirming bearish momentum. RSI is oversold but no meaningful bounce has emerged, suggesting that selling should be deferred until any rally back into falling EMAs provides a structurally appropriate entry for bearish execution.

• ↑Q1 revenue $211 M, up 30% YoY; Q2 guide ~$219.5–220.5 M
• ↑Analyst consensus ‘Moderate Buy’; price targets raised to $36
• ↓Non-GAAP gross margin fell to 67.4% from 69.3% YoY