DA Davidson Reaffirms Neutral Rating for Blaize (NASDAQ:BZAI)

Blaize (NASDAQ:BZAI)‘s stock had its “neutral” rating reaffirmed by DA Davidson in a research report issued to clients and investors on Friday,Benzinga reports.

Other equities analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of Blaize from a “sell” rating to a “strong sell” rating in a report on Saturday, May 16th. Roth Capital restated a “buy” rating and issued a $4.50 target price on shares of Blaize in a research note on Friday, May 15th. Weiss Ratings restated a “sell (e+)” rating on shares of Blaize in a research note on Wednesday, June 24th. Rosenblatt Securities reaffirmed a “buy” rating and set a $6.00 target price on shares of Blaize in a report on Thursday, April 16th. Finally, Zacks Research cut Blaize from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $4.62.

Blaize Price Performance

Shares of BZAI stock opened at $1.17 on Friday. Blaize has a 1-year low of $0.74 and a 1-year high of $6.76. The stock’s fifty day moving average price is $1.23 and its 200 day moving average price is $1.43. The company has a market cap of $166.49 million, a price-to-earnings ratio of -1.56 and a beta of 0.13.

Blaize (NASDAQ:BZAI) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.01). Blaize had a negative net margin of 202.65% and a negative return on equity of 551.04%. As a group, equities research analysts anticipate that Blaize will post -0.66 earnings per share for the current year.

Insider Activity

In related news, CFO Harminder Sehmi sold 40,609 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $1.37, for a total transaction of $55,634.33. Following the transaction, the chief financial officer directly owned 259,773 shares in the company, valued at approximately $355,889.01. The trade was a 13.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Anthony Cannestra sold 50,000 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $1.68, for a total transaction of $84,000.00. Following the sale, the director directly owned 50,000 shares of the company’s stock, valued at approximately $84,000. This represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 181,218 shares of company stock worth $281,043. Insiders own 17.40% of the company’s stock.

Institutional Investors Weigh In On Blaize

A number of large investors have recently made changes to their positions in the stock. Legal & General Group Plc acquired a new stake in shares of Blaize in the third quarter valued at approximately $26,000. Virtu Financial LLC purchased a new position in Blaize during the third quarter worth approximately $42,000. Resurgent Financial Advisors LLC acquired a new position in Blaize during the fourth quarter worth $26,000. Caitong International Asset Management Co. Ltd acquired a new position in Blaize during the fourth quarter worth $29,000. Finally, Bank of Montreal Can purchased a new stake in Blaize in the 4th quarter valued at $30,000. 97.12% of the stock is currently owned by hedge funds and other institutional investors.

Key Blaize News

Here are the key news stories impacting Blaize this week:

• Positive Sentiment: Second-quarter revenue increased approximately 371% year over year to $11.985 million, demonstrating strong growth in demand for Blaize’s edge-AI technology. The company also reported $36.847 million in cash and cash equivalents at quarter-end. Blaize Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Institutional positioning was mixed: BlackRock, Marshall Wace, AQR Capital Management and Nuveen reportedly increased holdings, while Temasek, Renaissance Technologies and Millennium Management reduced or exited positions. The available analyst coverage remained favorable, with a recent Buy rating and price targets above the current trading level, although these targets may not reflect the latest results. Blaize Holdings Stock Falls on Q2 2026 Earnings
• Negative Sentiment: Blaize reported a net loss attributable to common shareholders of $28.809 million, or $0.21 per diluted share, slightly worse than the consensus loss estimate. Gross profit was only $918,000, operating loss widened to $30.604 million, and operating cash use reached $28.667 million. Blaize Reports Q2 Loss, Lags Revenue Estimates
• Negative Sentiment: Management projected fiscal 2026 revenue of only $40 million to $43 million, far below the roughly $122.9 million consensus estimate. The guidance cut suggests analysts may need to reduce future revenue expectations and reinforces concerns about Blaize’s ability to convert growth into sustainable earnings. Blaize Financial Results and Outlook
• Negative Sentiment: Several law firms reminded investors about a securities class-action lawsuit covering purchases from July 18, 2025, through April 28, 2026. The lead-plaintiff deadline is October 5, 2026, creating ongoing legal and reputational risk. Reported insider activity also showed sales and no purchases during the past six months. Rosen Blaize Investor Lawsuit Notice

About Blaize

Blaize (NASDAQ: BZAI) is a fabless semiconductor company that designs and develops hardware and software solutions for artificial intelligence (AI) and machine learning applications at the edge. The company’s core technology is centered on its proprietary Graph Streaming Processor (GSP) architecture, which combines dataflow computing with a highly parallel matrix processing engine to deliver real-time AI inference with low power consumption. Blaize’s platform is aimed at customers seeking to deploy sophisticated AI workloads in environments where power efficiency, latency and form factor are critical.

The company offers a hardware portfolio that includes standalone GSP modules, PCIe cards and M.2 form-factor boards, alongside its Blaize AI software stack.