Brokerages Set Blaize Holdings, Inc. (NASDAQ:BZAI) Price Target at $7.38

Blaize Holdings, Inc. (NASDAQ:BZAI) has earned an average rating of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $7.3750.

Several equities research analysts have recently issued reports on BZAI shares. Zacks Research raised Blaize to a “hold” rating in a research report on Wednesday, September 10th. Rosenblatt Securities restated a “buy” rating and set a $6.00 price target on shares of Blaize in a research report on Friday, August 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Blaize in a research report on Saturday, September 27th. Finally, B. Riley initiated coverage on shares of Blaize in a research note on Tuesday, September 9th. They issued a “buy” rating and a $9.00 target price on the stock.

Blaize Price Performance

Blaize stock opened at $3.93 on Friday. Blaize has a 52 week low of $1.70 and a 52 week high of $19.25. The company’s 50 day moving average price is $3.59 and its two-hundred day moving average price is $3.00.

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

Institutional Trading of Blaize

A number of large investors have recently bought and sold shares of the company. D.A. Davidson & CO. bought a new stake in shares of Blaize in the second quarter valued at $54,000. Vontobel Holding Ltd. bought a new position in Blaize during the second quarter worth about $60,000. HighTower Advisors LLC purchased a new position in shares of Blaize in the first quarter worth about $81,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Blaize in the first quarter valued at approximately $123,000. Finally, XTX Topco Ltd purchased a new stake in shares of Blaize during the 2nd quarter valued at approximately $189,000. 97.12% of the stock is owned by hedge funds and other institutional investors.

About Blaize

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.