B. Riley Initiates Coverage on Blaize (NASDAQ:BZAI)

Key Points

• Analysts at B. Riley initiated coverage on Blaize (NASDAQ:BZAI) with a "buy" rating and set a price target of $9.00, indicating a potential upside of 157.88%.
• As of the latest report, Blaize has a consensus rating of "Buy" with a price target of $7.38, while another firm, Rosenblatt Securities, also issued a "buy" rating at a target of $6.00.
• Blaize has experienced significant interest from institutional investors, with 97.12% of the stock owned by hedge funds and other institutional entities.

B. Riley initiated coverage on shares of Blaize (NASDAQ:BZAI - Free Report) in a research report report published on Monday, September 8th, Marketbeat reports. The firm issued a buy rating and a $9.00 price objective on the stock. B. Riley also issued estimates for Blaize's Q3 2025 earnings at ($0.14) EPS, Q4 2025 earnings at ($0.11) EPS, FY2025 earnings at ($2.14) EPS, Q1 2026 earnings at ($0.10) EPS, Q2 2026 earnings at ($0.09) EPS, Q3 2026 earnings at ($0.09) EPS, Q4 2026 earnings at ($0.07) EPS and FY2026 earnings at ($0.36) EPS.

Separately, Rosenblatt Securities restated a "buy" rating and issued a $6.00 target price on shares of Blaize in a research note on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, Blaize currently has a consensus rating of "Buy" and a consensus target price of $7.38.

Blaize Price Performance

Shares of BZAI stock traded down $0.03 on Monday, hitting $3.32. The stock had a trading volume of 446,052 shares, compared to its average volume of 1,353,418. The stock's 50 day moving average is $3.59 and its 200-day moving average is $2.97. Blaize has a 52-week low of $1.70 and a 52-week high of $19.25.

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

A number of large investors have recently added to or reduced their stakes in BZAI. D.A. Davidson & CO. bought a new position in shares of Blaize in the 2nd quarter worth about $54,000. Vontobel Holding Ltd. bought a new position in shares of Blaize in the 2nd quarter worth about $60,000. HighTower Advisors LLC bought a new position in shares of Blaize in the 1st quarter worth about $81,000. OMERS ADMINISTRATION Corp bought a new position in shares of Blaize in the 1st quarter worth about $123,000. Finally, XTX Topco Ltd bought a new position in shares of Blaize in the 2nd quarter worth about $189,000. 97.12% of the stock is currently owned by institutional investors.

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.