Blaize (NASDAQ:BZAI) Announces Earnings Results

Blaize (NASDAQ:BZAI) announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.01), Zacks reports. Blaize had a negative return on equity of 306.51% and a negative net margin of 160.85%.The business had revenue of $11.99 million for the quarter.

Here are the key takeaways from Blaize’s conference call:

• 2026 revenue guidance was cut sharply to $40 million–$43 million from $130 million, as several pilots did not convert, customer deployments were delayed, and memory costs rose materially.
• Blaize reported a signed agreement covering 2,000 servers worth approximately $70 million at current memory prices, with about $50 million expected to remain in backlog entering 2027; management projects 2027 revenue could reach 2.5–3 times the 2026 guidance.
• Second-quarter gross margin fell to 8% from 58% in the prior quarter because sales were weighted toward lower-margin third-party hardware. Full-year adjusted EBITDA loss guidance is now $62 million–$65 million, while the company also recorded a $7.1 million provision for the Starshine receivable.
• Revenue increased to $12 million in Q2 from $2.7 million in Q1, driven largely by NeoTensor, while Europe generated its first purchase order and activity expanded across Asia-Pacific. Several national-scale hybrid AI and data-center opportunities remain active but are excluded from current guidance, with some potentially contributing beginning in Q1 2027.

Blaize Stock Performance

Shares of NASDAQ BZAI opened at $0.44 on Tuesday. The business has a 50 day simple moving average of $0.63 and a 200 day simple moving average of $1.24. Blaize has a 52 week low of $0.42 and a 52 week high of $6.76. The stock has a market cap of $63.13 million, a price-to-earnings ratio of -0.64 and a beta of 0.08.

Analyst Ratings Changes

A number of research firms have recently issued reports on BZAI. DA Davidson reissued a “neutral” rating and issued a $1.00 price target (down from $3.00) on shares of Blaize in a research report on Friday, August 14th. B. Riley Financial dropped their price objective on shares of Blaize from $4.00 to $2.00 and set a “buy” rating on the stock in a research note on Friday, August 14th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Blaize in a research report on Monday, September 21st. Finally, Rosenblatt Securities reissued a “buy” rating and set a $2.00 target price on shares of Blaize in a research note on Thursday, October 1st. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $2.38.

About Blaize

Blaize, Inc is an artificial intelligence computing company that develops hardware and software for running AI applications at the edge. Its technology is designed to process data locally on devices and systems, reducing the need to send information to centralized cloud infrastructure and supporting applications that require low latency, lower power consumption, or enhanced data privacy.

The company’s offerings include purpose-built edge AI processors, embedded computing platforms, and software tools for developing and deploying machine-learning models.