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

Blaize (NASDAQ:BZAI) was downgraded by equities researchers at Rosenblatt Securities from a “buy” rating to a “hold” rating in a research note issued on Tuesday, Marketbeat Ratings reports. They presently have a $0.40 price objective on the stock. Rosenblatt Securities’ price target suggests a potential upside of 37.98% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Blaize in a research note on Monday, September 21st. Craig Hallum lowered Blaize from a “strong-buy” rating to a “hold” rating in a report on Tuesday. 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 report on Friday, August 14th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $1.00 price target (down from $3.00) on shares of Blaize in a research report on Friday, August 14th. Two research 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. According to MarketBeat.com, Blaize currently has an average rating of “Hold” and a consensus target price of $1.98.

Blaize Stock Performance

Shares of NASDAQ BZAI opened at $0.29 on Tuesday. The stock has a market cap of $41.99 million, a price-to-earnings ratio of -0.43 and a beta of 0.08. The business has a 50 day simple moving average of $0.61 and a 200 day simple moving average of $1.23. Blaize has a 52 week low of $0.26 and a 52 week high of $6.76.

Blaize (NASDAQ:BZAI) last posted its earnings results on Thursday, August 13th. The company reported ($0.21) EPS 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 business had revenue of $11.99 million during the quarter. On average, analysts predict that Blaize will post -0.76 EPS for the current year.

Institutional Trading of Blaize

Several large investors have recently modified their holdings of BZAI. Renaissance Technologies LLC lifted 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 worth $2,556,000 after acquiring an additional 1,270,096 shares during the last quarter. BlackRock Inc. bought a new stake in Blaize during the second quarter valued at about $10,194,000. Lazard Asset Management LLC acquired a new stake in shares of Blaize in the first quarter valued at about $2,192,000. Themes Management Co LLC acquired a new stake in shares of Blaize in the first quarter valued at about $1,531,000. Finally, X Square Capital LLC bought a new position in shares of Blaize in the second quarter worth about $276,000. 97.12% of the stock is owned by institutional investors.

Key Blaize News

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 shipments. The NeoTensr orders relate to a previously announced contract worth up to $50 million, and the company said it has enough inventory to partially fulfill orders while working with suppliers on the remainder. Blaize Expects $0.5 Million Third-Quarter Revenue, Updates 2026 Outlook
• Neutral Sentiment: Rosenblatt Securities lowered its rating on BZAI from “Buy” to “Hold” and set a $0.40 price target. The target is above the recent trading level, but the downgrade signals reduced confidence in the near-term outlook. Blaize Cut to Hold at Rosenblatt Securities
• Negative Sentiment: Blaize preliminarily expects only about $0.5 million in third-quarter 2026 revenue. The estimate remains subject to quarter-end procedures and could highlight significant execution and shipment-timing challenges.
• Negative Sentiment: The company cut its full-year 2026 revenue guidance to $32 million-$36 million from a prior analyst consensus of approximately $41.7 million. Management cited shipment timing and working-capital requirements, while warning that delayed shipments or customer payments could further reduce recognized revenue. Blaize Provides Preliminary Third Quarter Revenue and Full-Year Guidance Update

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.