B. Riley Weighs in on Blaize’s FY2028 Earnings (NASDAQ:BZAI)

Blaize Holdings, Inc. (NASDAQ:BZAI) – Equities research analysts at B. Riley issued their FY2028 earnings per share (EPS) estimates for shares of Blaize in a research note issued on Friday, October 24th. B. Riley analyst C. Ellis expects that the company will post earnings of $0.02 per share for the year. B. Riley currently has a “Buy” rating and a $9.00 price target on the stock.

Several other research firms have also recently weighed in on BZAI. Roth Capital initiated coverage on Blaize in a report on Tuesday, October 7th. They issued a “buy” rating and a $8.50 price target on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Blaize in a report on Tuesday, October 14th. Zacks Research raised Blaize to a “hold” rating in a report on Wednesday, September 10th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $6.00 price target on shares of Blaize in a report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $7.60.

Blaize Stock Down 7.7%

NASDAQ:BZAI opened at $4.17 on Monday. The business’s 50-day moving average price is $4.00 and its two-hundred day moving average price is $3.28. Blaize has a twelve month low of $1.70 and a twelve month high of $19.25. The stock has a market cap of $427.93 million, a P/E ratio of -7.32 and a beta of 0.27.

Blaize (NASDAQ:BZAI) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($0.28) earnings per share (EPS) for the quarter. The company had revenue of $1.98 million during the quarter. Blaize has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.

Hedge Funds Weigh In On Blaize

Several institutional investors have recently modified their holdings of BZAI. Voya Investment Management LLC bought a new position in shares of Blaize during the 3rd quarter valued at about $44,000. Kera Capital Partners Inc. bought a new position in shares of Blaize during the 3rd quarter valued at about $54,000. D.A. Davidson & CO. bought a new position in shares of Blaize during the 2nd quarter valued at about $54,000. Vontobel Holding Ltd. bought a new position in shares of Blaize during the 2nd quarter valued at about $60,000. Finally, HighTower Advisors LLC bought a new position in shares of Blaize during the 1st quarter valued at about $81,000. 97.12% of the stock is currently owned by institutional investors.

Blaize Company Profile

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.