Braze’s (NASDAQ: BRZE) September price crash looks like a buying opportunity, because the trigger for selling was questionable, and analyst activity has run counter to the move. The trigger was softer-than-expected Q3 guidance that forecast a penny less in earnings than the consensus, an arguably bearish detail, but one offset by many positives.
The positives include business traction, accelerating penetration, and a full-year outlook that was not only above forecasts but likely cautious.
