Rosenblatt Securities Reaffirms Buy Rating for Blaize (NASDAQ:BZAI)

Blaize (NASDAQ:BZAI)‘s stock had its “buy” rating reaffirmed by equities research analysts at Rosenblatt Securities in a research note issued to investors on Thursday,Benzinga reports. They currently have a $6.00 target price on the stock. Rosenblatt Securities’ target price would indicate a potential upside of 138.10% from the company’s current price.

A number of other research analysts have also issued reports on the company. B. Riley Financial reduced their price target on Blaize from $8.00 to $5.00 and set a “buy” rating for the company in a research report on Wednesday, March 25th. Wall Street Zen upgraded Blaize from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. Zacks Research upgraded Blaize from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 30th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Blaize in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $6.50.

Blaize Stock Performance

Shares of BZAI stock opened at $2.52 on Thursday. Blaize has a 1 year low of $1.00 and a 1 year high of $6.76. The stock has a fifty day moving average of $1.41 and a two-hundred day moving average of $2.33. The firm has a market capitalization of $309.33 million and a PE ratio of -1.16.

Insider Buying and Selling at Blaize

In other news, Director Anthony Cannestra sold 50,000 shares of the company’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $1.75, for a total value of $87,500.00. Following the completion of the sale, the director owned 50,000 shares in the company, valued at $87,500. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.40% of the stock is currently owned by company insiders.

Institutional Trading of Blaize

Several institutional investors have recently modified their holdings of BZAI. Goldman Sachs Group Inc. acquired a new stake in shares of Blaize in the first quarter valued at $348,000. Geode Capital Management LLC lifted its holdings in shares of Blaize by 0.5% in the second quarter. Geode Capital Management LLC now owns 655,679 shares of the company’s stock valued at $1,955,000 after buying an additional 3,031 shares during the period. XTX Topco Ltd acquired a new stake in shares of Blaize in the second quarter valued at $189,000. AQR Arbitrage LLC acquired a new stake in shares of Blaize in the second quarter valued at $298,000. Finally, Voya Investment Management LLC acquired a new stake in shares of Blaize in the third quarter valued at $44,000. Institutional investors and hedge funds own 97.12% of the company’s stock.

Key Stories Impacting Blaize

Here are the key news stories impacting Blaize this week:

• Positive Sentiment: Blaize and NeoTensr agreed to a contract to jointly develop and deploy co‑branded AI edge data‑center infrastructure across Asia‑Pacific, for up to $50 million — a material commercial win that expands addressable market and provides near‑term revenue/backlog visibility. Business Wire: Blaize and NeoTensr Contract MSN: Contract Coverage
• Positive Sentiment: Rosenblatt Securities reaffirmed its “Buy” rating on BZAI and set a $6 price target, signaling analyst conviction and providing a strong upside reference for investors. American Banking News: Rosenblatt Reaffirmation
• Positive Sentiment: Blaize announced a strategic collaboration with Winmate to advance sovereign edge AI for defense and critical infrastructure — a partnership that can broaden product use‑cases and channel access in specialized markets. Yahoo Finance: Blaize & Winmate Collaboration
• Positive Sentiment: Market press noted a premarket rally after the contract news, which likely amplified momentum and liquidity as investors repositioned into BZAI. MSN: Premarket Coverage
• Neutral Sentiment: Several overnight and market‑wide roundups flagged BZAI as a trending/movers name, increasing visibility but not adding new fundamental detail. MSN: Trending Coverage Seeking Alpha: Movers Roundup
• Neutral Sentiment: Comparative analyses (e.g., Blaize vs. Keen Vision Acquisition) appeared in market writeups; useful for relative valuation/context but not immediate catalysts. American Banking News: KVAC vs BZAI Analysis

About Blaize

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.