BRZE
Braze, Inc.After hours28.93−0.13 −0.45%USD
NasdaqGS · as of Oct 13, 16:00 ET · 15m delayAfter hours 28.90 −0.10%
Open
29.00
Prev close
29.06
Day range
28.8629.75
52-week range
15.2637.33
Volume
1.35M0.54×
Mkt cap
3.29B
P/E ttm
—
Fwd P/E
29.46
EPS ttm
-1.03
Div yield
0.00%
Earnings
Sep 8, 2026
From 52w high
−22.50%
BRZE market-implied price distribution
BRZE Price at Expiry
16 OTM quotes · ATM IV 63.0%
Days to expiry
38
Fri, Nov 20, 2026
P(finish above spot)
50%
spot 28.93
Expected price
29.46
forward 29.36
68% range
24–34
−17.2% / +19.1%
Shaded band: the middle 68% of outcomes. Where the blue curve sits above the dashed one, options price that move as likelier than a plain bell curve would.
Target Price
Percentiles
| Chance below | Price | vs spot |
|---|---|---|
| 5% | 18.25 | −36.9% |
| 16% | 23.96 | −17.2% |
| 25% | 25.71 | −11.1% |
| 50% (median) | 28.99 | +0.2% |
| 75% | 32.45 | +12.2% |
| 84% | 34.47 | +19.1% |
| 95% | 41.40 | +43.1% |
Move Odds
| Up 5% or more (30.38) | 39% |
|---|---|
| Up 10% or more (31.82) | 29% |
| Down 5% or more (27.48) | 38% |
| Down 10% or more (26.04) | 27% |
Options price a 10%+ drop at 27%, 0.9× the 31% a bell curve with the same volatility gives.
Risk-neutral odds from option prices, the bot's lgf odds method: out-of-the-money mids → implied vols → a smoothed smile in total variance → density = erT·∂²C/∂K² (Breeden–Litzenberger). Risk-neutral odds include the market's risk premium, so they lean bearish compared with real-world odds. Not investment advice.