Blaize Holdings, Inc. (NASDAQ:BZAI) Receives $7.38 Average Price Target from Brokerages

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

A number of brokerages have weighed in on BZAI. B. Riley began coverage on Blaize in a research note on Tuesday, September 9th. They issued a “buy” rating and a $9.00 target price on the stock. Zacks Research upgraded shares of Blaize to a “hold” rating in a research report on Wednesday, September 10th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Blaize in a research report on Saturday, September 27th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $6.00 price target on shares of Blaize in a research note on Friday, August 15th.

Hedge Funds Weigh In On Blaize

Several institutional investors have recently modified their holdings of BZAI. Temasek Holdings Private Ltd bought a new stake in Blaize in the 1st quarter worth approximately $12,833,000. Quarry LP purchased a new position in shares of Blaize during the first quarter worth approximately $1,364,000. ATW Spac Management LLC bought a new stake in shares of Blaize in the 1st quarter worth approximately $694,000. Charles Schwab Investment Management Inc. bought a new stake in shares of Blaize in the 1st quarter worth approximately $644,000. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Blaize in the 1st quarter valued at $348,000. 97.12% of the stock is currently owned by institutional investors.

Blaize Stock Performance

BZAI stock opened at $3.93 on Friday. The firm has a 50 day moving average of $3.59 and a 200-day moving average of $3.00. Blaize has a 12 month low of $1.70 and a 12 month high of $19.25.

Blaize (NASDAQ:BZAI) last posted its earnings results on Thursday, August 14th. The company reported ($0.28) earnings per share (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.