Blaize Holdings, Inc. (NASDAQ:BZAI) Receives $7.60 Consensus Target Price from Analysts

Shares of Blaize Holdings, Inc. (NASDAQ:BZAI) have earned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $7.60.

Several equities research analysts recently weighed in on BZAI shares. B. Riley started coverage on shares of Blaize in a research note on Tuesday, September 9th. They set a “buy” rating and a $9.00 target price on the stock. Rosenblatt Securities reaffirmed a “buy” rating and set a $6.00 target price on shares of Blaize in a research note on Friday, August 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Blaize in a research note on Tuesday, October 14th. Roth Capital started coverage on shares of Blaize in a research note on Tuesday, October 7th. They set a “buy” rating and a $8.50 target price on the stock. Finally, Zacks Research raised shares of Blaize to a “hold” rating in a research note on Wednesday, September 10th.

Institutional Investors Weigh In On Blaize

Large investors have recently added to or reduced their stakes in the business. Voya Investment Management LLC purchased a new stake in Blaize during the 3rd quarter worth approximately $44,000. Strs Ohio purchased a new stake in shares of Blaize in the 3rd quarter valued at approximately $46,000. Kera Capital Partners Inc. purchased a new stake in shares of Blaize in the 3rd quarter valued at approximately $54,000. D.A. Davidson & CO. purchased a new stake in shares of Blaize in the 2nd quarter valued at approximately $54,000. Finally, Vontobel Holding Ltd. purchased a new stake in shares of Blaize in the 2nd quarter valued at approximately $60,000. 97.12% of the stock is owned by hedge funds and other institutional investors.

Blaize Stock Performance

Shares of BZAI stock opened at $3.82 on Tuesday. The firm’s 50 day moving average price is $4.02 and its 200-day moving average price is $3.30. Blaize has a one year low of $1.70 and a one year high of $19.25. The firm has a market cap of $392.01 million, a P/E ratio of -6.70 and a beta of 0.27.

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

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.