Blaize (NASDAQ:BZAI - Get Free Report)'s stock had its "neutral" rating reiterated by equities research analysts at Rosenblatt Securities in a report issued on Tuesday,Benzinga reports. They presently have a $3.00 price target on the stock. Rosenblatt Securities' target price indicates a potential upside of 6.38% from the stock's current price.
Separately, Craig Hallum initiated coverage on shares of Blaize in a research report on Tuesday, April 8th. They set a "buy" rating and a $4.50 target price for the company.
Check Out Our Latest Research Report on Blaize
Blaize Stock Down 5.7%
NASDAQ BZAI traded down $0.17 on Tuesday, reaching $2.82. The company had a trading volume of 326,003 shares, compared to its average volume of 410,875. Blaize has a fifty-two week low of $1.70 and a fifty-two week high of $19.25. The business has a 50 day moving average price of $2.46.
Blaize (NASDAQ:BZAI - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported ($0.29) EPS for the quarter.
Institutional Trading of Blaize
A number of institutional investors have recently bought and sold shares of BZAI. HighTower Advisors LLC bought a new position in shares of Blaize in the 1st quarter worth about $81,000. OMERS ADMINISTRATION Corp acquired a new stake in Blaize during the first quarter worth approximately $123,000. Goldman Sachs Group Inc. bought a new stake in Blaize in the first quarter worth approximately $348,000. Charles Schwab Investment Management Inc. acquired a new position in Blaize in the first quarter valued at approximately $644,000. Finally, ATW Spac Management LLC bought a new position in shares of Blaize during the 1st quarter worth approximately $694,000. Institutional investors own 97.12% of the company's stock.
About Blaize
(
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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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