By Bob Karr

Braze, Inc. (NASDAQ:BRZE) is among the 14 Best Cloud Computing Stocks to Buy Right Now.

Stifel Reduced PT on Braze, Inc. (BRZE) Stock, Keeps Buy. Insider Monkey

On February 9, Stifel reduced its price objective on the company’s stock to $40 from $45, while keeping a “Buy” rating, as reported by The Fly.

As per the firm, the recent announcements coming from AI model providers as well as AI-native companies resulted in negative sentiments for the company. There are questions about the sustainability of Braze, Inc. (NASDAQ:BRZE)’s growth trends over the medium to long term.

That being said, the firm believes that Braze, Inc. (NASDAQ:BRZE) possesses an overlooked moat and is a potential AI winner compared to other SaaS providers, which are vulnerable to disruption.

Meanwhile, Piper Sandler reduced its price objective on Braze, Inc. (NASDAQ:BRZE)’s stock to $30 from $50, while keeping an “Overweight” rating. The firm believes there will be pessimism around the software space, and investors should emphasize consumption, hyperscaler, and vertical sub-sectors.

Braze, Inc. (NASDAQ:BRZE) operates a customer engagement platform. Notably, Braze Cloud Data Ingestion (CDI) allows brands in harnessing their customer data.

While we acknowledge the potential of BRZE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.