Blaize (NASDAQ:BZAI) Rating Lowered to “Hold” at Rosenblatt Securities

Blaize (NASDAQ:BZAI) was downgraded by stock analysts at Rosenblatt Securities from a “buy” rating to a “hold” rating in a report issued on Tuesday, Marketbeat Ratings reports. They presently have a $0.40 price objective on the stock. Rosenblatt Securities’ price objective would suggest a potential upside of 37.93% from the stock’s current price.

A number of other equities analysts have also commented on BZAI. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Blaize in a research report on Monday, September 21st. DA Davidson reaffirmed a “neutral” rating and set a $1.00 target price (down from $3.00) on shares of Blaize in a research report on Friday, August 14th. Craig Hallum lowered shares of Blaize from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Finally, B. Riley Financial reduced their target price on shares of Blaize from $4.00 to $2.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Two investment 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 currently has an average rating of “Hold” and an average target price of $1.98.

Blaize Stock Down 0.1%

Blaize stock traded down $0.00 during midday trading on Tuesday, reaching $0.29. The stock had a trading volume of 1,815,315 shares, compared to its average volume of 6,012,740. Blaize has a 52-week low of $0.26 and a 52-week high of $6.76. The firm has a market cap of $42.00 million, a price-to-earnings ratio of -0.43 and a beta of 0.08. The company has a fifty day moving average of $0.62 and a 200 day moving average of $1.23.

Blaize (NASDAQ:BZAI) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $11.99 million during the quarter. Equities research analysts predict that Blaize will post -0.76 EPS for the current year.

Hedge Funds Weigh In On Blaize

Institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Blaize in the second quarter valued at approximately $10,194,000. Renaissance Technologies LLC boosted its position in shares of Blaize by 947.4% in the 1st quarter. Renaissance Technologies LLC now owns 1,404,159 shares of the company’s stock worth $2,556,000 after purchasing an additional 1,270,096 shares in the last quarter. Lazard Asset Management LLC purchased a new position in Blaize during the 1st quarter worth $2,192,000. Themes Management Co LLC purchased a new position in Blaize during the 1st quarter worth $1,531,000. Finally, EFG International AG purchased a new position in Blaize during the 2nd quarter worth $594,000. 97.12% of the stock is owned by hedge funds and other institutional investors.

Key Blaize News

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 revenue. The company expects to partially fulfill the orders with current inventory and is working with suppliers to secure the remaining products. Blaize Provides Preliminary Third Quarter 2026 Revenue Update and Full-Year Guidance Update
• Neutral Sentiment: Rosenblatt Securities downgraded BZAI from “Buy” to “Hold” and set a $0.40 price target. The target remains above the recent trading level, but the downgrade signals reduced analyst confidence in the near-term outlook. Blaize Cut to Hold at Rosenblatt Securities
• Negative Sentiment: Blaize expects preliminary third-quarter 2026 revenue of only about $0.5 million, subject to final closing procedures. The figure highlights a significant slowdown and raises concerns about shipment timing, customer payments, and the company’s ability to convert orders into recognized revenue.
• Negative Sentiment: The company cut its full-year 2026 revenue guidance to $32 million-$36 million, well below the reported consensus estimate of $41.7 million. Management warned that delays in fourth-quarter shipments or customer payments could further hurt annual revenue. Blaize Cuts 2026 Revenue Guidance
• Negative Sentiment: A securities class-action lawsuit investigation and lead-plaintiff deadline add legal and reputational risk for Blaize investors. Blaize Shareholder Notice

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.