Blaize (NASDAQ:BZAI) Given Sell (D-) Rating at Weiss Ratings

Key Points

• Blaize (NASDAQ:BZAI) received a "sell (D-)" rating from Weiss Ratings, indicating a negative outlook on its stock performance.
• Despite the sell rating, other analysts have given Blaize varying ratings, including one Strong Buy and four Buy ratings, with a consensus price target of $7.60.
• The company's stock is currently trading at $4.84, with significant institutional ownership comprising 97.12% of its shares.

Blaize (NASDAQ:BZAI - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by research analysts at Weiss Ratings in a research report issued to clients and investors on Tuesday,Weiss Ratings reports.

Other research analysts also recently issued research reports about the stock. 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. B. Riley started coverage on shares of Blaize in a report on Tuesday, September 9th. They issued a "buy" rating and a $9.00 price objective for the company. Zacks Research upgraded shares of Blaize to a "hold" rating in a report on Wednesday, September 10th. Finally, Roth Capital started coverage on shares of Blaize in a report on Tuesday, October 7th. They issued a "buy" rating and a $8.50 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $7.60.

Blaize Price Performance

NASDAQ:BZAI traded down $0.06 during mid-day trading on Tuesday, hitting $4.84. The company's stock had a trading volume of 881,840 shares, compared to its average volume of 1,615,065. Blaize has a 1 year low of $1.70 and a 1 year high of $19.25. The business's fifty day moving average is $3.72 and its two-hundred day moving average is $3.09.

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

Institutional Trading of Blaize

Several institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its holdings in Blaize by 0.5% in the 2nd quarter. Geode Capital Management LLC now owns 655,679 shares of the company's stock valued at $1,955,000 after purchasing an additional 3,031 shares during the last quarter. Voya Investment Management LLC acquired a new stake in Blaize in the 3rd quarter valued at approximately $44,000. D.A. Davidson & CO. acquired a new stake in Blaize in the 2nd quarter valued at approximately $54,000. Vontobel Holding Ltd. acquired a new stake in Blaize in the 2nd quarter valued at approximately $60,000. Finally, HighTower Advisors LLC acquired a new stake in Blaize in the 1st quarter valued at approximately $81,000. Institutional investors and hedge funds own 97.12% of the company's stock.

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.

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