Blaize (NASDAQ:BZAI) Stock Rating Lowered by Rosenblatt Securities

Blaize (NASDAQ:BZAI) was downgraded by Rosenblatt Securities from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, MarketBeat reports. They presently have a $0.40 price objective on the stock. Rosenblatt Securities’ target price points to a potential upside of 42.35% from the stock’s current price.

A number of other equities research analysts have also commented on BZAI. B. Riley Financial reduced their price target 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 reaffirmed a “sell (e+)” rating on shares of Blaize in a research report on Monday, September 21st. Craig Hallum downgraded shares of Blaize from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Finally, 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. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Blaize has an average rating of “Hold” and a consensus target price of $1.98.

Blaize Trading Down 3.2%

NASDAQ:BZAI opened at $0.28 on Tuesday. The stock has a market cap of $40.70 million, a P/E ratio of -0.42 and a beta of 0.08. The stock has a 50 day simple moving average of $0.62 and a 200 day simple moving average of $1.23. Blaize has a 1-year low of $0.26 and a 1-year high of $6.76.

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 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 firm had revenue of $11.99 million for the quarter. As a group, sell-side analysts forecast that Blaize will post -0.76 EPS for the current year.

Hedge Funds Weigh In On Blaize

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

Key Stories Impacting Blaize

Here are the key news stories impacting Blaize this week:

• Positive Sentiment: Blaize expects binding, non-cancellable purchase orders from NeoTensr and an existing customer to support fourth-quarter revenue. The company said shipments relate to its previously announced contract with NeoTensr, which could total up to $50 million. Blaize Expects $0.5 Million Third-Quarter Revenue, Updates 2026 Outlook
• Positive Sentiment: The company said it has enough inventory to partially fulfill fourth-quarter orders and is working with suppliers to secure the remaining inventory before year-end, offering a potential path to improved revenue.
• Neutral Sentiment: Blaize’s preliminary third-quarter revenue remains subject to quarter-end closing procedures, so the final result could differ from the approximately $0.5 million estimate.
• Negative Sentiment: Preliminary third-quarter revenue of about $0.5 million was weak and contributed to a reduction in 2026 revenue guidance to $32 million-$36 million, well below the roughly $41.7 million consensus estimate. The company also warned that shipment delays or late customer payments could further hurt revenue recognition. Blaize Provides Preliminary Third Quarter 2026 Revenue Update and Full-Year Guidance Update
• Negative Sentiment: Rosenblatt Securities downgraded BZAI from strong-buy to hold, removing an important bullish signal for the stock. Blaize Cut to Hold at Rosenblatt Securities
• Negative Sentiment: Investor law firms publicized a securities class-action lawsuit alleging investor harm, adding legal and reputational risk. Blaize Investor Class Action Lawsuit

About Blaize

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.