Blaize (NASDAQ:BZAI) Receives Neutral Rating from DA Davidson

DA Davidson reissued their neutral rating on shares of Blaize (NASDAQ:BZAI) in a report issued on Friday morning,Benzinga reports. DA Davidson currently has a $1.00 target price on the stock, down from their previous target price of $3.00.

Several other research firms have also recently issued reports on BZAI. Weiss Ratings restated a “sell (e+)” rating on shares of Blaize in a research report on Wednesday, June 24th. Wall Street Zen cut shares of Blaize from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 16th. Roth Capital restated a “buy” rating and set a $4.50 price target on shares of Blaize in a report on Friday, May 15th. Rosenblatt Securities reaffirmed a “buy” rating and set a $6.00 price target on shares of Blaize in a research report on Thursday, April 16th. Finally, Zacks Research cut Blaize from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $3.38.

Blaize Stock Performance

Shares of Blaize stock opened at $0.59 on Friday. The business’s 50 day moving average price is $1.20 and its 200 day moving average price is $1.42. The company has a market cap of $84.40 million, a price-to-earnings ratio of -0.87 and a beta of 0.13. Blaize has a one year low of $0.54 and a one year high of $6.76.

Blaize (NASDAQ:BZAI) last issued its earnings results on Thursday, August 13th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.01). Blaize had a negative return on equity of 379.49% and a negative net margin of 160.85%. On average, analysts predict that Blaize will post -0.66 EPS for the current fiscal year.

Insider Transactions at Blaize

In related news, CFO Harminder Sehmi sold 40,609 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $1.37, for a total transaction of $55,634.33. Following the completion of the transaction, the chief financial officer owned 259,773 shares of the company’s stock, valued at approximately $355,889.01. This trade represents a 13.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Anthony Cannestra sold 50,000 shares of Blaize stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $1.35, for a total transaction of $67,500.00. Following the completion of the sale, the director owned 50,000 shares of the company’s stock, valued at $67,500. This trade represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 181,218 shares of company stock valued at $281,043. Company insiders own 17.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BZAI. BlackRock Inc. purchased a new stake in shares of Blaize in the 2nd quarter valued at $10,194,000. Vanguard Group Inc. grew its position in Blaize by 301.9% in the 3rd quarter. Vanguard Group Inc. now owns 3,587,998 shares of the company’s stock valued at $12,379,000 after acquiring an additional 2,695,204 shares in the last quarter. Geode Capital Management LLC grew its position in Blaize by 4.5% in the 4th quarter. Geode Capital Management LLC now owns 1,536,900 shares of the company’s stock valued at $2,997,000 after acquiring an additional 66,178 shares in the last quarter. Renaissance Technologies LLC increased its stake in Blaize by 947.4% during the first quarter. Renaissance Technologies LLC now owns 1,404,159 shares of the company’s stock worth $2,556,000 after purchasing an additional 1,270,096 shares during the period. Finally, UBS Group AG increased its stake in Blaize by 153.4% during the fourth quarter. UBS Group AG now owns 1,343,035 shares of the company’s stock worth $2,619,000 after purchasing an additional 813,121 shares during the period. 97.12% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Blaize

Here are the key news stories impacting Blaize this week:

• Positive Sentiment: Second-quarter revenue increased approximately 371% year over year to $11.985 million, reflecting continued demand for Blaize’s energy-efficient edge-AI computing products. However, revenue still fell short of the roughly $13.958 million analyst estimate. Blaize Holdings Q2 2026 earnings report
• Neutral Sentiment: Management forecast 2026 revenue of $40 million to $43 million, citing a Starshine-related reserve and memory-cost inflation. The outlook implies a major reduction from the approximately $122.9 million consensus forecast, although the company continues to project revenue growth from its current base. Blaize 2026 revenue forecast
• Negative Sentiment: Profitability remained a major concern. Blaize reported a loss of approximately $0.21 per share, slightly worse than consensus, a $30.6 million operating loss, and a $28.8 million net loss. Operating cash usage was $28.7 million, leaving $36.8 million in cash and raising investor concerns about future financing needs. Blaize second-quarter 2026 financial results
• Negative Sentiment: DA Davidson reaffirmed a Neutral rating but cut its price target to $1 from $3, signaling reduced confidence in Blaize’s near-term growth prospects. DA Davidson Blaize rating
• Negative Sentiment: Multiple law firms announced investigations or promoted a securities class action covering investors who purchased shares between July 18, 2025 and April 28, 2026. The inquiries concern alleged misrepresentations involving revenue guidance, customer agreements, purchase orders, accounts receivable, and pipeline metrics; the allegations have not been proven. The lead-plaintiff deadline is October 5, 2026. Johnson Fistel Blaize investigation

Blaize Company Profile

Blaize (NASDAQ: BZAI) is a fabless semiconductor company that designs and develops hardware and software solutions for artificial intelligence (AI) and machine learning applications at the edge. The company’s core technology is centered on its proprietary Graph Streaming Processor (GSP) architecture, which combines dataflow computing with a highly parallel matrix processing engine to deliver real-time AI inference with low power consumption. Blaize’s platform is aimed at customers seeking to deploy sophisticated AI workloads in environments where power efficiency, latency and form factor are critical.

The company offers a hardware portfolio that includes standalone GSP modules, PCIe cards and M.2 form-factor boards, alongside its Blaize AI software stack.