Traders Buy Large Volume of Blaize Call Options (NASDAQ:BZAI)

Blaize Holdings, Inc. (NASDAQ:BZAI) saw unusually large options trading on Wednesday. Traders bought 6,318 call options on the company. This is an increase of 652% compared to the average volume of 840 call options.

Blaize Price Performance

Shares of NASDAQ:BZAI opened at $1.24 on Thursday. The company has a market capitalization of $137.63 million, a price-to-earnings ratio of -0.57 and a beta of 0.35. The business’s 50-day moving average is $1.35 and its 200-day moving average is $2.52. Blaize has a 1 year low of $1.00 and a 1 year high of $6.76.

Hedge Funds Weigh In On Blaize

Several institutional investors have recently added to or reduced their stakes in BZAI. Vanguard Group Inc. boosted its holdings in shares of Blaize by 301.9% during the 3rd quarter. Vanguard Group Inc. now owns 3,587,998 shares of the company’s stock worth $12,379,000 after buying an additional 2,695,204 shares in the last quarter. Millennium Management LLC bought a new stake in shares of Blaize in the 4th quarter valued at $1,887,000. UBS Group AG lifted its position in shares of Blaize by 153.4% during the 4th quarter. UBS Group AG now owns 1,343,035 shares of the company’s stock valued at $2,619,000 after acquiring an additional 813,121 shares during the period. Cantor Fitzgerald L. P. bought a new position in Blaize during the fourth quarter worth $1,500,000. Finally, Polar Asset Management Partners Inc. bought a new position in Blaize during the fourth quarter worth $759,000. 97.12% of the stock is owned by institutional investors and hedge funds.

Blaize News Roundup

Here are the key news stories impacting Blaize this week:

• Positive Sentiment: Company reported Q4 revenue of $23.78M and beat EPS expectations; management set 2026 revenue guidance of about $130M, which signals improving product-market fit for edge AI and supports upside to revenue multiples. Blaize Announces Fourth Quarter and Full-Year 2025 Financial Results
• Positive Sentiment: Analyst/industry note argues 2026 guidance vindicates management and implies meaningful TAM traction; the write-up models a path to a mid‑single‑digit to double‑digit price target range under a 10x P/S scenario. Blaize: Revenue Guidance Is Vindicated, There’s Light At The End Of The Tunnel
• Positive Sentiment: Rosenblatt reaffirmed a “buy” rating with a $6 price target, reinforcing buy-side analyst support and boosting confidence in upside. Rosenblatt Reaffirms Buy
• Positive Sentiment: Unusually large call buying (6,318 calls, ~652% above normal) signals speculative/bullish positioning by options traders that can amplify intraday upside. No link
• Positive Sentiment: Media coverage highlighted the sharp overnight move (~49% jump reported) and trending interest, which tends to attract momentum buyers and retail attention. Blaize Holdings is trending as stock shoots up 49% overnight
• Neutral Sentiment: Official earnings/credit coverage and the company press release provide the primary facts; investors should listen to the conference call transcript for detail on product wins, gross margin cadence and customer cadence. Q4 2025 Earnings Call Highlights
• Neutral Sentiment: Short-interest entries in public feeds show zero or inconsistent data (likely reporting artifacts); current days-to-cover metrics are not meaningful — monitor updated short-interest releases for any real change. No link
• Negative Sentiment: B. Riley lowered its price target from $8 to $5 (but retained a “buy”), which trims some analyst upside and may cap near-term gains until guidance execution is proven. B. Riley Lowers Price Target

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Blaize in a research report on Monday, December 29th. Rosenblatt Securities restated a “buy” rating and issued a $6.00 price target on shares of Blaize in a research report on Wednesday. Finally, B. Riley Financial reduced their price objective on shares of Blaize from $8.00 to $5.00 and set a “buy” rating on the stock in a research note on Wednesday. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $6.00.

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.