Rosenblatt Securities Reaffirms Buy Rating for Blaize (NASDAQ:BZAI)

Blaize (NASDAQ:BZAI)‘s stock had its “buy” rating restated by equities research analysts at Rosenblatt Securities in a research note issued to investors on Thursday, Benzinga reports. They presently have a $2.00 target price on the stock. Rosenblatt Securities’ price target would suggest a potential upside of 330.66% from the stock’s previous close.

BZAI has been the subject of a number of other reports. DA Davidson reaffirmed a “neutral” rating and issued a $1.00 price target (down from $3.00) on shares of Blaize in a report on Friday, August 14th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Blaize in a report on Monday, September 21st. Finally, B. Riley Financial cut their price target on Blaize from $4.00 to $2.00 and set a “buy” rating for the company in a report on Friday, August 14th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $2.38.

Blaize Stock Performance

NASDAQ:BZAI traded down $0.01 during trading hours on Thursday, reaching $0.46. The stock had a trading volume of 1,710,084 shares, compared to its average volume of 6,030,376. The stock has a 50 day simple moving average of $0.65 and a 200 day simple moving average of $1.25. Blaize has a 12-month low of $0.42 and a 12-month high of $6.76. The stock has a market cap of $67.26 million, a P/E ratio of -0.68 and a beta of 0.08.

Blaize (NASDAQ:BZAI) last released its 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 firm had revenue of $11.99 million during the quarter. On average, equities analysts expect that Blaize will post -0.76 earnings per share for the current fiscal year.

Insider Activity at Blaize

In other news, Director Anthony Cannestra sold 50,000 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $1.35, for a total value of $67,500.00. Following the completion of the transaction, the director directly owned 50,000 shares of the company’s stock, valued at $67,500. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Blaize

Several large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in Blaize by 11.4% during the first quarter. Bank of America Corp DE now owns 93,844 shares of the company’s stock valued at $171,000 after buying an additional 9,598 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in Blaize during the fourth quarter valued at $29,000. Abel Hall LLC bought a new stake in Blaize during the first quarter valued at $32,000. Corient Private Wealth LP bought a new stake in Blaize during the second quarter valued at $28,000. Finally, Cetera Investment Advisers lifted its stake in Blaize by 125.3% during the first quarter. Cetera Investment Advisers now owns 44,284 shares of the company’s stock worth $81,000 after purchasing an additional 24,625 shares during the last quarter. Institutional investors own 97.12% of the company’s stock.

Trending Headlines about Blaize

Here are the key news stories impacting Blaize this week:

• Positive Sentiment: Restructuring could reduce costs: Blaize plans to cut approximately 26% of its workforce and expects annualized savings of $7.5 million to $8.4 million. Management intends to redirect resources toward its hybrid AI platform, AI services, autonomous systems and sovereign AI programs. The restructuring is expected to be substantially complete by December 31, 2026. Blaize Announces Restructuring Plan to Focus Resources on Core Growth Areas
• Positive Sentiment: Analyst support remains bullish: Rosenblatt Securities reaffirmed a “Buy” rating and assigned a $2.00 price target, implying substantial upside from the recent trading level. However, the target is highly dependent on Blaize successfully executing its growth strategy and improving its financial performance.
• Neutral Sentiment: Restructuring has near-term costs: Blaize expects to incur approximately $1.1 million to $1.3 million in restructuring charges, primarily severance and benefits, with most costs recorded in the third quarter of 2026. The workforce reduction may improve efficiency but could also disrupt operations and execution.
• Negative Sentiment: Multiple securities-fraud notices are pressuring sentiment: Several law firms are soliciting investors to serve as lead plaintiffs in a filed class-action lawsuit alleging violations of U.S. securities laws. The October 5 deadline has increased visibility around the litigation, which could create legal costs, reputational damage and uncertainty. The allegations have not been proven. Blaize Shareholder Securities Class Action Notice
• Negative Sentiment: Weak operating profile remains a risk: Blaize recently reported a quarterly EPS loss that missed estimates, alongside a deeply negative net margin and return on equity. Separately, reported insider trading activity showed sales without purchases, potentially adding to investor caution.

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.