Braze Inc

BRZE remains in a Stage 2 advancing medium-term regime underpinned by clear higher highs and higher lows and supported by rising EMAs. The active Lockout Rally continuation pattern permits participation on extensions, even in extreme overbought territory. Price is approaching the 200-day SMA, but the Lockout Rally override justifies immediate continuation participation rather than waiting for a pullback. The long-term downtrend persists, so entries must be selective and structured around the breakout above the 200-day line.

• ↑30% YoY revenue growth to $211M in Q1 2027
• ↑Record Q1 free cash flow of $27M demonstrates cash strength
• ↓Thin 5% non-GAAP margin and negative earnings yield highlight profitability strain