Blaize Holdings, Inc. (NASDAQ:BZAI) Given Average Recommendation of “Moderate Buy” by Analysts

Blaize Holdings, Inc. (NASDAQ:BZAI) has been given an average recommendation of “Moderate Buy” by the seven research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $7.60.

BZAI has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Blaize in a research note on Tuesday, October 14th. Roth Capital assumed coverage on shares of Blaize in a report on Tuesday, October 7th. They set a “buy” rating and a $8.50 target price for the company. Rosenblatt Securities restated a “buy” rating and issued a $6.00 price objective on shares of Blaize in a report on Friday, August 15th. Zacks Research upgraded Blaize to a “hold” rating in a report on Wednesday, September 10th. Finally, B. Riley began coverage on shares of Blaize in a research note on Tuesday, September 9th. They issued a “buy” rating and a $9.00 target price for the company.

Institutional Investors Weigh In On Blaize

A number of large investors have recently added to or reduced their stakes in the stock. Voya Investment Management LLC bought a new stake in shares of Blaize during the 3rd quarter worth $44,000. Strs Ohio bought a new position in shares of Blaize in the 3rd quarter valued at $46,000. Kera Capital Partners Inc. acquired a new stake in shares of Blaize during the 3rd quarter valued at $54,000. D.A. Davidson & CO. acquired a new stake in shares of Blaize during the 2nd quarter valued at $54,000. Finally, Vontobel Holding Ltd. acquired a new stake in shares of Blaize during the 2nd quarter valued at $60,000. Institutional investors and hedge funds own 97.12% of the company’s stock.

Blaize Stock Performance

Shares of Blaize stock opened at $3.81 on Tuesday. The firm’s 50-day simple moving average is $4.02 and its 200-day simple moving average is $3.32. Blaize has a twelve month low of $1.70 and a twelve month high of $19.25. The firm has a market cap of $390.98 million, a P/E ratio of -6.68 and a beta of 0.29.

Blaize (NASDAQ:BZAI) last released its quarterly earnings results on Thursday, August 14th. The company reported ($0.28) EPS for the quarter. The business had revenue of $1.98 million for the quarter. Blaize has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.

Blaize Company Profile

Blaize® has created a transformative new compute solution that unites silicon and software to optimize AI from the edge to the core. We’re partnering with customers to transform their products so they can deliver better experiences and better lives.