Blaize stock rating reiterated at Buy by DA Davidson on strong Q2 results

Published 15/08/2025, 14:10
Blaize stock rating reiterated at Buy by DA Davidson on strong Q2 results

Investing.com - DA Davidson has reiterated its Buy rating and $10.00 price target on Blaize Inc. (NASDAQ:BZAI) following the company’s second-quarter 2025 earnings report. Currently trading at $3.78, the stock has shown strong momentum with an 18% gain over the past week, according to InvestingPro data.

The research firm noted that Blaize delivered strong quarterly results with top-line growth exceeding expectations. InvestingPro analysis shows analysts expect revenue growth of 21.6% for fiscal year 2025, though the company maintains a ’Weak’ overall Financial Health score.

DA Davidson highlighted that Blaize continues to successfully convert its qualified deal pipeline into actual business.

The company is capitalizing on growing demand for edge AI solutions, according to the research note.

Blaize is seeing larger-scale deployments specifically in smart city applications throughout the Asia-Pacific region.

In other recent news, Blaize Inc. reported its second-quarter 2025 earnings, revealing substantial revenue growth and a reduced net loss. The company emphasized future opportunities, particularly within the AI sector. Rosenblatt Securities reiterated its Buy rating for Blaize, maintaining a price target of $6.00 due to the company’s strong revenue guidance and recent customer agreements. The firm’s revenue guidance for the September quarter is projected to be between $11 million and $11.5 million. These developments have been noted for their potential impact on Blaize’s financial trajectory.

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