Temasek Holdings Private Ltd Invests $12.83 Million in Blaize Holdings, Inc. $BZAI

Key Points

• Temasek Holdings has acquired a new position in Blaize Holdings, purchasing approximately 6.35 million shares, valued at about $12.83 million, representing a 6.25% ownership stake.
• Blaize Holdings reported earnings of ($0.28) per share for the latest quarter, with revenue totaling $1.98 million.
• Analysts have a consensus rating of "Buy" on Blaize shares, with a target price of $6.83, following a buy rating and price target of $6.00 reiterated by Rosenblatt Securities.

Temasek Holdings Private Ltd bought a new stake in Blaize Holdings, Inc. (NASDAQ:BZAI - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 6,353,023 shares of the company's stock, valued at approximately $12,833,000. Temasek Holdings Private Ltd owned 6.25% of Blaize at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in BZAI. Quarry LP purchased a new position in Blaize in the first quarter valued at $1,364,000. ATW Spac Management LLC purchased a new position in shares of Blaize in the 1st quarter valued at about $694,000. Charles Schwab Investment Management Inc. purchased a new position in shares of Blaize in the 1st quarter valued at about $644,000. OMERS ADMINISTRATION Corp purchased a new position in shares of Blaize in the 1st quarter valued at about $123,000. Finally, HighTower Advisors LLC purchased a new position in shares of Blaize in the 1st quarter valued at about $81,000. 97.12% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on BZAI. B. Riley began coverage on Blaize in a research note on Tuesday. They issued a "buy" rating and a $9.00 price target for the company. Rosenblatt Securities restated a "buy" rating and issued a $6.00 price target on shares of Blaize in a research note on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $7.38.

Blaize Price Performance

NASDAQ:BZAI traded down $0.15 during trading hours on Wednesday, hitting $3.34. 1,891,728 shares of the stock were exchanged, compared to its average volume of 1,353,412. Blaize Holdings, Inc. has a 52-week low of $1.70 and a 52-week high of $19.25. The firm's fifty day moving average price is $3.56 and its 200 day moving average price is $2.98.

Blaize (NASDAQ:BZAI - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($0.28) EPS for the quarter. The business had revenue of $1.98 million during 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.