Blaize’s (BZAI) “Buy” Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of Blaize (NASDAQ:BZAI – Free Report) in a research report released on Thursday morning,Benzinga reports. The firm currently has a $2.00 price objective on the stock.

A number of other analysts also recently commented on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Blaize in a report on Monday, September 21st. B. Riley Financial reduced their target price on shares of Blaize from $4.00 to $2.00 and set a “buy” rating for the company in a report on Friday, August 14th. Finally, DA Davidson restated a “neutral” rating and issued a $1.00 price target (down from $3.00) on shares of Blaize in a research report on Friday, August 14th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $2.38.

Check Out Our Latest Research Report on BZAI

Blaize Stock Up 3.4%

Shares of BZAI stock opened at $0.48 on Thursday. The stock has a 50-day simple moving average of $0.64 and a 200 day simple moving average of $1.24. The stock has a market capitalization of $69.52 million, a P/E ratio of -0.71 and a beta of 0.08. Blaize has a fifty-two week low of $0.42 and a fifty-two week high of $6.76.

Blaize (NASDAQ:BZAI – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.01). Blaize had a negative return on equity of 306.51% and a negative net margin of 160.85%.The business had revenue of $11.99 million during the quarter. On average, sell-side analysts anticipate that Blaize will post -0.76 earnings per share for the current year.

Insiders Place Their Bets

In other Blaize news, Director Anthony Cannestra sold 50,000 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $1.35, for a total transaction of $67,500.00. Following the sale, the director owned 50,000 shares in the company, valued at approximately $67,500. The trade was a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 17.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Blaize during the fourth quarter valued at approximately $29,000. Abel Hall LLC purchased a new stake in shares of Blaize in the 1st quarter valued at approximately $32,000. Corient Private Wealth LP acquired a new position in Blaize in the 2nd quarter worth approximately $28,000. Kera Capital Partners Inc. acquired a new position in Blaize in the 1st quarter worth approximately $48,000. Finally, Caerus Investment Advisors LLC purchased a new position in Blaize during the 1st quarter worth approximately $53,000. 97.12% of the stock is currently owned by institutional investors and hedge funds.

Blaize News Roundup

Here are the key news stories impacting Blaize this week:

  • Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating and set a $2.00 price target, implying substantial upside from recent trading levels. Benzinga analyst rating report
  • Positive Sentiment: Blaize’s restructuring plan is expected to reduce annualized expenses by approximately $7.5 million to $8.4 million and redirect resources toward its hybrid AI platform, AI services, autonomous systems, and sovereign AI programs. The company expects the plan to be substantially completed by December 31, 2026. Blaize restructuring announcement
  • Neutral Sentiment: The restructuring carries estimated one-time costs of $1.1 million to $1.3 million, mostly severance and benefits, with most charges expected in the third quarter. While the plan could improve cash efficiency, the roughly 26% workforce reduction highlights ongoing financial and operational pressure. Blaize workforce reduction report
  • Negative Sentiment: Multiple law firms are promoting securities class actions against Blaize and certain officers, alleging investor harm and securities-law violations. The notices cover purchases made during various periods, including shares tied to the May 2026 public offering, and emphasize an October 5 deadline for investors seeking lead-plaintiff status. The allegations have not been proven, but the litigation creates legal, financial, and reputational risks. Blaize class-action announcement Rosen class-action deadline notice

Blaize Company Profile

(Get Free Report)

Blaize, Inc is an artificial intelligence computing company that develops hardware and software for running AI applications at the edge. Its technology is designed to process data locally on devices and systems, reducing the need to send information to centralized cloud infrastructure and supporting applications that require low latency, lower power consumption, or enhanced data privacy.

The company’s offerings include purpose-built edge AI processors, embedded computing platforms, and software tools for developing and deploying machine-learning models.

See Also

Analyst Recommendations for Blaize (NASDAQ:BZAI)

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