We recently published a list of 10 Stocks Took a Shocking Nosedive. In this article, we are going to take a look at where Braze, Inc. (NASDAQ:BRZE) stands against other Friday’s worst-performing stocks.
Braze Inc. dropped its share prices by 17.65 percent on Friday to finish at $29.73 apiece as investors soured on its dismal earnings performance in the first quarter of fiscal year 2026.
In a statement, Braze, Inc. (NASDAQ:BRZE) said attributable net loss was unchanged at $35 million, despite revenues increasing by 20 percent to $162 million from $135 million, driven primarily by new customers, upsells, and renewals.
A web developer hunched over their laptop coding a customer engagement platform.
For the second quarter of the year, Braze, Inc. (NASDAQ:BRZE) is targeting to hit $171 million to $172 million in revenues, with a net income ranging from $2.5 million to $3.5 million.
The full-year period alone is expected to rake in between $702 million and $706 million in revenues, and a net income of $17 million to $21 million.
The company also welcomed Ed McDonnell as its new chief revenue officer.
“McDonnell has a strong track record of delivering results at high-growth public SaaS businesses, and we believe his extensive background in Software and Customer Engagement will further solidify Braze as the leading customer engagement platform and accelerate growth in the coming years,” said Braze, Inc. (NASDAQ:BRZE) CEO Bill Magnuson.
Overall, BRZE ranks 3rd on our list of Friday’s worst-performing stocks. While we acknowledge the potential of BRZE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
