Blaize (NASDAQ:BZAI) Earns “Buy” Rating from Rosenblatt Securities

Posted by Brenda Bartman on Oct 1st, 2026

Blaize (NASDAQ:BZAI – Get Free Report)‘s stock had its “buy” rating reaffirmed by research analysts at Rosenblatt Securities in a note issued to investors on Thursday, Benzinga reports. They currently have a $2.00 price target on the stock. Rosenblatt Securities’ price objective would indicate a potential upside of 341.50% from the company’s current price.

Other analysts also recently issued research reports about the company. B. Riley Financial lowered their price objective on Blaize from $4.00 to $2.00 and set a “buy” rating for the company in a research report on Friday, August 14th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Blaize in a research note on Monday, September 21st. Finally, DA Davidson reiterated a “neutral” rating and set a $1.00 price target (down from $3.00) on shares of Blaize in a report on Friday, August 14th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Blaize has a consensus rating of “Hold” and a consensus price target of $2.38.

Check Out Our Latest Research Report on BZAI

Blaize Price Performance

NASDAQ:BZAI traded down $0.02 during trading hours on Thursday, hitting $0.45. The stock had a trading volume of 1,182,244 shares, compared to its average volume of 6,027,292. The company has a 50 day simple moving average of $0.66 and a two-hundred day simple moving average of $1.25. The firm has a market capitalization of $65.61 million, a price-to-earnings ratio of -0.67 and a beta of 0.08. Blaize has a one year low of $0.42 and a one year high of $6.76.

Blaize (NASDAQ:BZAI – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.01). The company had revenue of $11.99 million during the quarter. Blaize had a negative return on equity of 306.51% and a negative net margin of 160.85%. Equities research analysts anticipate that Blaize will post -0.76 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Anthony Cannestra sold 50,000 shares of Blaize stock in a transaction on Monday, July 6th. The shares were sold at an average price of $1.35, for a total value of $67,500.00. Following the sale, the director owned 50,000 shares in the company, valued at $67,500. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Blaize

Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. bought a new position in shares of Blaize in the 2nd quarter worth approximately $10,194,000. Renaissance Technologies LLC boosted its holdings in shares of Blaize by 947.4% during the 1st quarter. Renaissance Technologies LLC now owns 1,404,159 shares of the company’s stock valued at $2,556,000 after buying an additional 1,270,096 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Blaize in the 1st quarter worth about $2,192,000. Themes Management Co LLC bought a new position in shares of Blaize in the 1st quarter worth about $1,531,000. Finally, EFG International AG bought a new position in shares of Blaize in the 2nd quarter worth about $594,000. 97.12% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Blaize

Here are the key news stories impacting Blaize this week:

Positive Sentiment: Rosenblatt Securities reaffirmed a Buy rating and set a $2.00 price target, implying substantial potential upside from recent trading levels. Rosenblatt Securities rating report
Positive Sentiment: Blaize’s restructuring is expected to generate approximately $7.5 million to $8.4 million in annualized savings. Management plans to redirect resources toward its hybrid AI platform, AI services, autonomous systems and sovereign AI programs. Blaize Announces Restructuring Plan
Neutral Sentiment: The restructuring is expected to be substantially completed by December 31, 2026, with $1.1 million to $1.3 million in severance and related costs, mostly recorded during the third quarter. The near-term expense could offset some of the expected savings. Blaize to Reduce Workforce
Negative Sentiment: Several law firms are promoting a securities class action against Blaize and urging investors to seek lead-plaintiff status by October 5, 2026. The notices allege potential violations of federal securities laws and increase legal, reputational and uncertainty risks for shareholders. Faruqi shareholder notice
Negative Sentiment: The planned workforce reduction affects approximately 26% of employees, signaling aggressive cost-cutting and possible financial or operational strain. Blaize also continues to report substantial losses, with analysts expecting a negative full-year EPS result.
Negative Sentiment: Reported insider activity has been entirely sales over the past six months, with executives selling shares and making no open-market purchases, a potential confidence concern for investors.

Blaize Company Profile

(Get Free Report)

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.