customer engagement stock faces growth hurdles By Investing.com
Braze, Inc. (NASDAQ:BRZE), a leading provider of customer engagement software, finds itself at a critical juncture as it navigates a challenging macroeconomic environment while pursuing ambitious growth targets. The company’s innovative platform, which helps businesses analyze, segment, and engage with customers through targeted advertising and messaging, has garnered attention from both clients and investors. However, recent market volatility and concerns about marketing budget cuts have cast a shadow over Braze’s near-term prospects.
Financial Performance and Outlook
Braze has demonstrated strong revenue growth in recent quarters, with sales expected to increase from $471.8 million in the fiscal year ending January 2024 to $682.5…
