Blaize (NASDAQ:BZAI) Stock Rating Cut to Hold at Rosenblatt Securities

Blaize (NASDAQ:BZAI) was downgraded by research analysts at Rosenblatt Securities from a “buy” rating to a “hold” rating in a report issued on Tuesday, MarketBeat.com reports. They presently have a $0.40 price objective on the stock. Rosenblatt Securities’ target price would suggest a potential upside of 39.37% from the company’s current price.

A number of other analysts have also weighed in on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Blaize in a research note on Monday, September 21st. B. Riley Financial lowered their price objective on shares of Blaize from $4.00 to $2.00 and set a “buy” rating for the company in a research note on Friday, August 14th. DA Davidson reaffirmed a “neutral” rating and issued a $1.00 price objective (down from $3.00) on shares of Blaize in a research note on Friday, August 14th. Finally, Craig Hallum lowered shares of Blaize from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $1.98.

Blaize Trading Down 1.1%

Shares of BZAI traded down $0.00 during trading hours on Tuesday, reaching $0.29. 1,561,284 shares of the company traded hands, compared to its average volume of 6,011,276. The firm has a market cap of $41.57 million, a price-to-earnings ratio of -0.42 and a beta of 0.08. Blaize has a 12-month low of $0.26 and a 12-month high of $6.76. The stock’s fifty day moving average price is $0.62 and its 200 day moving average price is $1.23.

Blaize (NASDAQ:BZAI) last issued its earnings results on Thursday, August 13th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.01). Blaize had a negative net margin of 160.85% and a negative return on equity of 306.51%. The company had revenue of $11.99 million for the quarter. On average, research analysts forecast that Blaize will post -0.76 earnings per share for the current year.

Hedge Funds Weigh In On Blaize

A number of large investors have recently added to or reduced their stakes in BZAI. BlackRock Inc. acquired a new position in shares of Blaize during the second quarter valued at about $10,194,000. Renaissance Technologies LLC increased its holdings in shares of Blaize by 947.4% during the first quarter. Renaissance Technologies LLC now owns 1,404,159 shares of the company’s stock valued at $2,556,000 after acquiring an additional 1,270,096 shares in the last quarter. Lazard Asset Management LLC acquired a new position in shares of Blaize during the first quarter valued at about $2,192,000. Themes Management Co LLC acquired a new position in shares of Blaize during the first quarter valued at about $1,531,000. Finally, EFG International AG acquired a new position in shares of Blaize during the second quarter valued at about $594,000. 97.12% of the stock is currently owned by institutional investors.

Blaize News Roundup

Here are the key news stories impacting Blaize this week:

• Positive Sentiment: Blaize said binding, non-cancellable purchase orders from NeoTensr and an existing customer could support fourth-quarter shipments. The NeoTensr orders relate to a contract valued at up to $50 million, and the company said it has inventory available to partially fulfill fourth-quarter demand. Blaize Expects $0.5 Million Third-Quarter Revenue, Updates 2026 Outlook
• Neutral Sentiment: Rosenblatt Securities downgraded BZAI from “buy” to “hold,” but assigned a $0.40 price target. That target remains above the recently cited $0.28 share price, suggesting potential upside while signaling reduced confidence in the company’s near-term prospects. Blaize Cut to Hold at Rosenblatt Securities
• Negative Sentiment: Blaize expects preliminary third-quarter 2026 revenue of only about $0.5 million. The estimate remains subject to final accounting procedures, but it indicates a major shortfall in near-term sales and raises concerns about shipment timing and customer payments.
• Negative Sentiment: The company cut full-year 2026 revenue guidance to $32 million-$36 million, below the approximately $41.7 million consensus estimate. Management cited working-capital requirements, inventory availability, shipment timing, and potential payment delays as risks to revenue recognition. Blaize Provides Preliminary Third Quarter 2026 Revenue Update and Full-Year Guidance Update
• Negative Sentiment: Investor-rights law firms publicized a securities class-action lawsuit alleging violations of federal securities laws, adding headline and potential litigation risk to the investment case. Class Action Filed Against Blaize Holdings

Blaize Company Profile

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.