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

Blaize (NASDAQ:BZAI) was downgraded by analysts at Rosenblatt Securities from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Marketbeat reports. They presently have a $0.40 price objective on the stock. Rosenblatt Securities’ price objective suggests a potential upside of 40.35% from the stock’s previous close.

Several other equities analysts have also commented on the stock. DA Davidson reaffirmed a “neutral” rating and set a $1.00 price target (down from $3.00) on shares of Blaize in a research report on Friday, August 14th. B. Riley Financial cut their target price on Blaize from $4.00 to $2.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Weiss Ratings reissued a “sell (e+)” rating on shares of Blaize in a research report on Monday, September 21st. Finally, Craig Hallum downgraded Blaize from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $1.98.

Blaize Stock Down 1.8%

Shares of NASDAQ:BZAI traded down $0.01 during midday trading on Tuesday, reaching $0.29. The company’s stock had a trading volume of 566,582 shares, compared to its average volume of 6,005,249. The business has a 50 day moving average price of $0.62 and a 200 day moving average price of $1.23. Blaize has a 1 year low of $0.26 and a 1 year high of $6.76. The firm has a market cap of $41.28 million, a price-to-earnings ratio of -0.41 and a beta of 0.08.

Blaize (NASDAQ:BZAI) last issued its quarterly 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 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. Sell-side analysts anticipate that Blaize will post -0.76 earnings per share for the current fiscal year.

Institutional Trading of Blaize

Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Blaize during the 2nd quarter valued at about $10,194,000. Renaissance Technologies LLC boosted its stake in Blaize by 947.4% in 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 during the period. Lazard Asset Management LLC bought a new position in shares of Blaize during the first quarter valued at approximately $2,192,000. Themes Management Co LLC bought a new position in shares of Blaize during the first quarter valued at approximately $1,531,000. Finally, EFG International AG acquired a new stake in shares of Blaize during the 2nd quarter worth approximately $594,000. Institutional investors and hedge funds own 97.12% of the company’s stock.

Trending Headlines about Blaize

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.