Braze, Inc. (BRZE) shares soared 19.81% in pre-market trading, continuing strong momentum from the previous session's after-hours movement.
The significant price appreciation follows the company's release of its fiscal fourth quarter and full-year 2026 financial results, which featured a substantial revenue beat and optimistic forward guidance. Braze reported Q4 revenue of $205.2 million, representing 27.9% year-over-year growth and exceeding analyst expectations of $198.2 million.
Furthermore, the company provided strong guidance for fiscal 2027, projecting revenue in the range of $884 million to $889 million, well above Wall Street's consensus estimate of approximately $858 million. Braze's Board of Directors also authorized a share repurchase program of up to $100 million, including a $50 million accelerated buyback, signaling confidence in the company's financial position and commitment to returning value to shareholders.