Research Analysts Issue Forecasts for Blaize Q3 Earnings

Blaize Holdings, Inc. (NASDAQ:BZAI) – Investment analysts at Roth Capital lifted their Q3 2027 earnings per share estimates for Blaize in a research report issued on Friday, November 14th. Roth Capital analyst S. Searle now expects that the company will post earnings per share of $0.00 for the quarter, up from their prior estimate of ($0.01). Roth Capital currently has a “Buy” rating and a $8.50 target price on the stock.

Blaize (NASDAQ:BZAI) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($0.28) earnings per share for the quarter. The company had revenue of $1.98 million for the quarter.

Several other research analysts have also recently issued reports on BZAI. Rosenblatt Securities reiterated a “buy” rating and issued a $6.00 price objective on shares of Blaize in a report on Friday, August 15th. B. Riley started coverage on Blaize in a research note on Tuesday, September 9th. They set a “buy” rating and a $9.00 price target for the company. Zacks Research upgraded Blaize to a “hold” rating in a research report on Wednesday, September 10th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Blaize in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $7.60.

Blaize Trading Down 1.2%

Blaize stock opened at $2.51 on Monday. Blaize has a 52 week low of $1.70 and a 52 week high of $19.25. The stock has a market cap of $257.58 million, a price-to-earnings ratio of -4.40 and a beta of 0.29. The company’s 50-day moving average price is $3.94 and its two-hundred day moving average price is $3.35.

Institutional Trading of Blaize

A number of hedge funds and other institutional investors have recently modified their holdings of BZAI. Charles Schwab Investment Management Inc. bought a new position in shares of Blaize during the first quarter worth $644,000. HighTower Advisors LLC acquired a new position in shares of Blaize in the first quarter valued at $81,000. ATW Spac Management LLC acquired a new stake in shares of Blaize during the first quarter worth $694,000. OMERS ADMINISTRATION Corp bought a new position in Blaize in the 1st quarter valued at about $123,000. Finally, Quarry LP bought a new position in Blaize in the 1st quarter valued at approximately $1,364,000. Institutional investors and hedge funds own 97.12% of the company’s stock.

About Blaize

Blaize® has created a transformative new compute solution that unites silicon and software to optimize AI from the edge to the core. We’re partnering with customers to transform their products so they can deliver better experiences and better lives.