Symbols / BZAI $1.79 +0.00% Blaize Holdings, Inc.

Technology • Software - Application • United States • NGM
BZAI Chart
About

Blaize Holdings, Inc. provides artificial intelligence (AI)-enabled edge computing solutions. Its portfolio includes programmable AI processors in a broad range of form factors, deployable across several verticals, including smart city, defense, retail and enterprise markets; and AI computing platforms that enable applications, such as computer vision, advanced video analytics, and AI inference, as well as software tools that allows non-expert practitioners to deploy AI applications on its hardware without the need to learn or use source code. The company also offers the GSP, an AI computing accelerator for computer vision, machine learning, and AI applications; compute cards, such as peripheral component interconnected express card and other cards; software development kit; Blaize AI Studio, a visual no-code or low-code environment intended to simplify the creation and deployment of AI models; and strategic consulting services. Blaize Holdings, Inc. was founded in 2010 and is headquartered in El Dorado Hills, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 219.71M
Enterprise Value 176.88M Income -206.90M Sales 38.63M
Book/sh 0.32 Cash/sh 0.37 Dividend Yield
Payout 0.00% Employees 228 IPO
P/E Forward P/E -11.19 PEG
P/S 5.69 P/B 5.59 P/C
EV/EBITDA -1.95 EV/Sales 4.58 Quick Ratio 1.91
Current Ratio 2.23 Debt/Eq 7.56 LT Debt/Eq
EPS (ttm) -1.98 EPS next Y -0.16 EPS Growth
Revenue Growth 23775.00% Earnings 2026-05-13 ROA -63.50%
ROE ROIC Gross Margin 16.03%
Oper. Margin -89.81% Profit Margin 0.00% Shs Outstand 122.74M
Shs Float 80.09M Short Float 7.58% Short Ratio 3.22
Short Interest 52W High 6.76 52W Low 1.00
Beta 0.00 Avg Volume 4.71M Volume 634.86K
Target Price $5.80 Recom Strong_buy Prev Close $1.79
Price $1.79 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.80
Mean price target
2. Current target
$1.93
Latest analyst target
3. DCF / Fair value
$-6.52
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.93
Low
$3.00
High
$8.50
Mean
$5.80

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-25 main B. Riley Securities Buy → Buy $5
2026-03-25 main Rosenblatt Buy → Buy $6
2025-09-09 init B. Riley Securities — → Buy $9
2025-08-20 main Rosenblatt Buy → Buy $6
2025-08-15 main Rosenblatt Buy → Buy $6
2025-07-21 up Rosenblatt Neutral → Buy $6
2025-07-01 main Rosenblatt Neutral → Neutral $3
2025-05-15 main Rosenblatt Neutral → Neutral $3
2025-04-22 init Rosenblatt — → Neutral $3
2025-02-12 init DA Davidson — → Buy $10
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-12-03 DE URIOSTE GEORGE A. Director 75,258 $0.00 $0
2025-12-03 FUJIMORI YOSHIAKI Director 75,258 $0.00 $0
2025-12-03 FRANK EDWARD H Director 75,258 $0.00 $0
2025-12-03 CANNESTRA ANTHONY Director 75,258 $0.00 $0
2025-12-03 HAMBRECHT JUERGEN Director 75,258 $0.00 $0
2025-06-27 DE URIOSTE GEORGE A. Director 94,361 $0.00 $0
2025-06-27 FUJIMORI YOSHIAKI Director 94,361 $0.00 $0
2025-06-27 FRANK EDWARD H Director 212,500 $0.00 $0
2025-06-27 BESS LANE M Director and Beneficial Owner of more than 10% of a Class of Security 159,250 $0.00 $0
2025-06-27 CANNESTRA ANTHONY Director 212,500 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
38.63
+2385.97%
1.55
0.00
-100.00%
3.84
Operating Revenue
38.63
+2385.97%
1.55
0.00
-100.00%
3.59
Cost Of Revenue
32.44
+5502.42%
0.58
-84.16%
3.66
+20.46%
3.04
Reconciled Cost Of Revenue
32.44
+5502.42%
0.58
-84.16%
3.66
+20.46%
3.04
Gross Profit
6.19
+535.28%
0.97
+387.50%
0.20
-75.19%
0.81
Operating Expense
97.99
+102.49%
48.39
+1329.71%
3.38
-92.91%
47.76
Research And Development
42.52
+69.45%
25.09
+38.53%
18.11
-25.46%
24.30
Selling General And Administration
54.27
+142.15%
22.41
+29.53%
17.30
+10.46%
15.66
Other Operating Expenses
4.77
+56.89%
3.04
-39.71%
5.04
Total Expenses
130.43
+166.34%
48.97
+1346.82%
3.38
-93.34%
50.80
Operating Income
-91.80
-93.59%
-47.42
-1300.91%
-3.38
+92.79%
-46.95
Total Operating Income As Reported
-103.84
-117.99%
-47.63
-1307.32%
-3.38
+93.26%
-50.22
EBITDA
-90.60
-94.71%
-46.53
-1274.73%
-3.38
+92.36%
-44.31
Normalized EBITDA
25.28
+182.63%
-30.59
-803.80%
-3.38
+92.42%
-44.66
Reconciled Depreciation
1.20
+34.88%
0.89
-56.57%
2.04
-25.85%
2.75
EBIT
-91.80
-93.59%
-47.42
-1300.91%
-3.38
+92.81%
-47.06
Total Unusual Items
-115.88
-626.98%
-15.94
-1494.00%
-1.00
-382.49%
0.35
Total Unusual Items Excluding Goodwill
-115.88
-626.98%
-15.94
-1494.00%
-1.00
-382.49%
0.35
Special Income Charges
105.07
+48519.35%
-0.22
-106.67%
-0.10
+95.20%
-2.19
Other Special Charges
-1.07
Restructuring And Mergern Acquisition
-105.07
-48519.35%
0.22
+106.67%
0.10
-96.78%
3.26
Net Income
-206.90
-238.11%
-61.20
-4669.72%
1.34
+101.28%
-104.63
Pretax Income
-206.69
-232.58%
-62.15
-2725.80%
2.37
+102.27%
-104.10
Net Non Operating Interest Income Expense
2.47
-57.14%
5.75
+110.08%
-57.04
Interest Expense Non Operating
38.98
-31.66%
57.04
Net Interest Income
2.47
-57.14%
5.75
+110.08%
-57.04
Interest Expense
38.98
-31.66%
57.04
Interest Income Non Operating
2.47
-57.14%
5.75
Interest Income
2.47
-57.14%
5.75
Other Income Expense
-114.89
-680.02%
-14.73
-36.54%
-10.79
-10173.33%
-0.10
Other Non Operating Income Expenses
0.99
-18.08%
1.21
+112.37%
-9.79
-2032.24%
-0.46
Gain On Sale Of Security
-220.95
-1305.27%
-15.72
-1656.76%
-0.90
-135.21%
2.54
Tax Provision
0.22
+122.79%
-0.95
-192.64%
1.03
+92.44%
0.53
Tax Rate For Calcs
0.00
+1300.00%
0.00
-92.86%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-24.34
-10077.75%
-0.24
0.00
-100.00%
0.07
Net Income Including Noncontrolling Interests
-206.90
-238.11%
-61.20
-4669.72%
1.34
+101.28%
-104.63
Net Income From Continuing Operation Net Minority Interest
-206.90
-238.11%
-61.20
-4669.72%
1.34
+101.28%
-104.63
Net Income From Continuing And Discontinued Operation
-206.90
-238.11%
-61.20
-4669.72%
1.34
+101.28%
-104.63
Net Income Continuous Operations
-206.90
-238.11%
-61.20
-4669.72%
1.34
+101.28%
-104.63
Normalized Income
-115.36
-153.57%
-45.49
-3497.26%
1.34
+101.28%
-104.91
Net Income Common Stockholders
-206.90
-238.11%
-61.20
-4669.72%
1.34
+101.26%
-106.45
Diluted EPS
-1.98
-228.70%
-0.60
-4669.70%
0.01
+101.26%
-1.05
Basic EPS
-1.98
-228.70%
-0.60
-4669.70%
0.01
+101.26%
-1.05
Basic Average Shares
104.28
+2.64%
101.59
+0.00%
101.59
+0.00%
101.59
Diluted Average Shares
104.28
+2.64%
101.59
+0.00%
101.59
+0.00%
101.59
Diluted NI Availto Com Stockholders
-206.90
-238.11%
-61.20
-4669.72%
1.34
+101.26%
-106.45
Depreciation Amortization Depletion Income Statement
1.20
+34.88%
0.89
-56.57%
2.04
-25.85%
2.75
Depreciation And Amortization In Income Statement
1.20
+34.88%
0.89
-56.57%
2.04
-25.85%
2.75
Depreciation Income Statement
1.20
+34.88%
0.89
Other Taxes
0.21
-40.09%
0.34
Preferred Stock Dividends
1.82
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
102.21
+30.21%
78.50
+8.13%
72.59
+276.57%
19.28
Current Assets
96.61
+34.80%
71.67
+178.85%
25.70
+103.00%
12.66
Cash Cash Equivalents And Short Term Investments
45.78
-8.87%
50.24
0.00
-100.00%
4.91
Cash And Cash Equivalents
45.78
-8.87%
50.24
0.00
-100.00%
4.91
Cash Financial
0.00
0.00
-100.00%
4.91
Receivables
37.13
+61776.67%
0.06
-81.18%
0.32
-84.89%
2.11
Accounts Receivable
36.69
0.00
-100.00%
0.48
-74.84%
1.90
Gross Accounts Receivable
37.18
+8752.86%
0.42
Allowance For Doubtful Accounts Receivable
-0.49
-16.43%
-0.42
Other Receivables
0.32
+51.85%
0.21
Taxes Receivable
0.43
+621.67%
0.06
Inventory
10.13
+18.33%
8.56
+31.26%
6.52
+50.42%
4.34
Raw Materials
6.41
-13.44%
7.41
+49.27%
4.96
+44.77%
3.43
Work In Process
1.69
+58.36%
1.06
-31.00%
1.54
+76.43%
0.87
Finished Goods
2.03
+2234.48%
0.09
+443.75%
0.02
-51.52%
0.03
Prepaid Assets
3.24
+151.75%
1.29
+466.96%
0.23
-32.64%
0.34
Current Deferred Assets
0.00
-100.00%
11.12
+645.88%
1.49
0.00
Restricted Cash
0.76
-97.02%
25.38
Other Current Assets
0.33
-18.11%
0.40
-40.47%
0.68
-29.84%
0.96
Total Non Current Assets
5.60
-17.90%
6.83
-85.44%
46.89
+608.68%
6.62
Net PPE
2.74
-28.85%
3.85
-3.12%
3.98
-21.20%
5.05
Gross PPE
17.65
-5.14%
18.61
-17.24%
22.48
+4.22%
21.57
Accumulated Depreciation
-14.91
-1.06%
-14.75
+20.28%
-18.50
-11.98%
-16.52
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
14.88
-4.38%
15.56
-15.71%
18.46
+0.94%
18.29
Other Properties
1.52
-14.50%
1.77
-26.83%
2.42
+44.83%
1.67
Leases
1.25
-1.42%
1.27
-20.45%
1.59
-0.75%
1.61
Non Current Deferred Assets
2.12
-1.58%
2.16
+108.81%
1.03
+11.56%
0.93
Non Current Deferred Taxes Assets
2.12
-1.58%
2.16
+108.81%
1.03
+11.56%
0.93
Other Non Current Assets
0.74
-9.33%
0.81
-98.26%
46.89
+7192.87%
0.64
Total Liabilities Net Minority Interest
63.21
-66.55%
188.96
+355.97%
41.44
-53.86%
89.82
Current Liabilities
43.39
-76.69%
186.12
+493.15%
31.38
+55.16%
20.22
Payables And Accrued Expenses
38.34
+72.67%
22.20
-27.36%
30.57
+84.52%
16.57
Payables
8.84
+10.59%
7.99
-71.90%
28.44
+199.29%
9.50
Accounts Payable
8.52
+7.78%
7.90
-47.04%
14.93
+71.08%
8.72
Other Payable
0.32
+68.72%
0.19
Current Accrued Expenses
29.50
+107.58%
14.21
+569.16%
2.12
-69.93%
7.06
Pensionand Other Post Retirement Benefit Plans Current
1.61
+1.51%
1.59
Total Tax Payable
0.32
+262.50%
0.09
-97.55%
3.59
+506.87%
0.59
Income Tax Payable
0.32
+262.50%
0.09
-91.44%
1.03
+73.88%
0.59
Current Debt And Capital Lease Obligation
2.14
-98.69%
163.92
+20128.17%
0.81
-8.54%
0.89
Current Debt
1.50
-99.08%
163.34
+20056.85%
0.81
Other Current Borrowings
1.50
-99.08%
163.34
+20056.85%
0.81
Current Capital Lease Obligation
0.64
+11.42%
0.58
+1.58%
0.57
-35.78%
0.89
Current Deferred Liabilities
2.86
0.00
0.00
-100.00%
0.73
Current Deferred Revenue
0.73
+0.41%
0.73
Other Current Liabilities
0.05
-95.48%
1.08
+260.45%
0.30
-33.99%
0.46
Total Non Current Liabilities Net Minority Interest
19.82
+598.94%
2.84
-71.82%
10.06
-85.54%
69.59
Long Term Debt And Capital Lease Obligation
0.80
-31.05%
1.17
-94.13%
19.86
+406.51%
3.92
Long Term Debt
18.06
+475.47%
3.14
Long Term Capital Lease Obligation
0.80
-31.05%
1.17
-34.90%
1.79
+129.32%
0.78
Non Current Deferred Liabilities
10.06
+0.00%
10.06
+814.77%
1.10
Non Current Deferred Revenue
0.37
-66.64%
1.10
Other Non Current Liabilities
10.21
+511.08%
1.67
+6858.33%
0.02
+0.00%
0.02
Preferred Securities Outside Stock Equity
0.00
0.00
-100.00%
173.35
+170.77%
64.02
Stockholders Equity
39.00
+135.31%
-110.46
-454.58%
31.15
+144.16%
-70.54
Common Stock Equity
39.00
+135.31%
-110.46
-454.58%
31.15
+144.16%
-70.54
Capital Stock
0.01
+140.00%
0.01
-99.99%
46.99
0.00
Common Stock
0.01
+140.00%
0.01
-99.99%
46.99
0.00
Share Issued
122.04
+20.14%
101.59
+0.00%
101.59
+0.00%
101.59
Ordinary Shares Number
122.04
+20.14%
101.59
+0.00%
101.59
+0.00%
101.59
Additional Paid In Capital
675.14
+111.79%
318.78
0.00
-100.00%
209.93
Retained Earnings
-636.15
-48.20%
-429.25
-2609.95%
-15.84
+94.35%
-280.47
Treasury Stock
0.00
0.00
0.00
0.00
Total Equity Gross Minority Interest
39.00
+135.31%
-110.46
-454.58%
31.15
+144.16%
-70.54
Total Capitalization
39.00
+135.31%
-110.46
-454.58%
31.15
+146.22%
-67.40
Working Capital
53.22
+146.50%
-114.45
-1915.91%
-5.68
+24.93%
-7.56
Invested Capital
40.50
-23.41%
52.88
+65.43%
31.96
+147.42%
-67.40
Total Debt
2.95
-98.21%
165.08
+20272.06%
0.81
-83.14%
4.81
Net Debt
113.10
+13857.39%
0.81
Capital Lease Obligations
1.45
-16.97%
1.74
-26.10%
2.36
+41.57%
1.67
Net Tangible Assets
39.00
+135.31%
-110.46
-454.58%
31.15
+144.16%
-70.54
Tangible Book Value
39.00
+135.31%
-110.46
-454.58%
31.15
+144.16%
-70.54
Current Notes Payable
4.75
0.00
Derivative Product Liabilities
8.81
0.00
-100.00%
3.73
+605.10%
0.53
Dueto Related Parties Current
0.00
-100.00%
24.54
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-73.75
-37.77%
-53.53
-2192.26%
-2.34
+94.19%
-40.22
Cash Flow From Continuing Operating Activities
-73.75
-37.77%
-53.53
-2192.26%
-2.34
+94.19%
-40.22
Net Income From Continuing Operations
-206.90
-238.11%
-61.20
-4669.72%
1.34
+101.28%
-104.63
Depreciation Amortization Depletion
1.20
+34.88%
0.89
-56.57%
2.04
-25.85%
2.75
Depreciation
1.20
+34.88%
0.89
Depreciation And Amortization
1.20
+34.88%
0.89
-56.57%
2.04
-25.85%
2.75
Other Non Cash Items
-113.56
-10302.79%
1.11
+119.35%
-5.75
-109.24%
62.25
Stock Based Compensation
37.55
+875.98%
3.85
+54.93%
2.48
+99.44%
1.25
Provisionand Write Offof Assets
0.56
+32.62%
0.42
Deferred Tax
-0.37
+67.26%
-1.12
-950.47%
-0.11
-122.92%
-0.05
Deferred Income Tax
-0.37
+67.26%
-1.12
-950.47%
-0.11
-122.92%
-0.05
Operating Gains Losses
1.08
+14.81%
0.94
+125.49%
-3.71
Gain Loss On Investment Securities
1.08
+14.81%
0.94
+135.17%
-2.69
Unrealized Gain Loss On Investment Securities
221.92
+1311.45%
15.72
Change In Working Capital
-14.14
-7.13%
-13.20
-735.59%
2.08
+8.18%
1.92
Change In Receivables
-37.20
-1239933.33%
0.00
-99.70%
1.00
+153.08%
-1.89
Changes In Account Receivables
-37.20
-1239933.33%
0.00
-99.70%
1.00
+153.08%
-1.89
Change In Inventory
-1.57
+23.05%
-2.04
+6.72%
-2.19
-140.22%
-0.91
Change In Prepaid Assets
10.37
+147.96%
-21.61
-11687.82%
0.19
+226.04%
-0.15
Change In Payables And Accrued Expense
15.34
+43.88%
10.66
+464.01%
1.89
-60.42%
4.78
Change In Accrued Expense
22.84
0.00
-100.00%
1.62
+979.26%
0.15
Change In Payable
-7.50
-170.30%
10.66
+3824.75%
0.27
-94.13%
4.63
Change In Account Payable
-7.50
-170.30%
10.66
+12.24%
9.50
+114.74%
4.42
Change In Other Current Assets
0.06
+12.28%
0.06
Change In Other Current Liabilities
-1.09
-407.94%
-0.21
+86.52%
-1.59
-5390.00%
0.03
Investing Cash Flow
-0.79
+12.64%
-0.90
-100.39%
230.12
+46777.91%
-0.49
Cash Flow From Continuing Investing Activities
-0.79
+12.64%
-0.90
-100.39%
230.12
+46777.91%
-0.49
Net PPE Purchase And Sale
-0.79
+12.64%
-0.90
-310.00%
-0.22
+55.38%
-0.49
Purchase Of PPE
-0.79
+12.64%
-0.90
-310.00%
-0.22
+55.38%
-0.49
Capital Expenditure
-0.79
+12.64%
-0.90
-310.00%
-0.22
+55.38%
-0.49
Net Other Investing Changes
1.80
-99.22%
230.12
Financing Cash Flow
70.10
-31.08%
101.71
+144.81%
-226.97
-680.70%
39.09
Cash Flow From Continuing Financing Activities
70.10
-31.08%
101.71
+144.81%
-226.97
-680.70%
39.09
Net Issuance Payments Of Debt
33.25
-68.62%
105.97
+12976.90%
0.81
-97.60%
33.77
Issuance Of Debt
33.25
-69.97%
110.72
+13563.07%
0.81
-97.60%
33.77
Repayment Of Debt
0.00
+100.00%
-4.75
-2598.86%
-0.18
0.00
Long Term Debt Issuance
33.25
-69.97%
110.72
+1074.73%
9.43
-72.09%
33.77
Net Long Term Debt Issuance
33.25
-69.97%
110.72
+1074.73%
9.43
-72.09%
33.77
Short Term Debt Issuance
0.69
-14.89%
0.81
0.00
Short Term Debt Payments
0.00
+100.00%
-4.75
-2598.86%
-0.18
0.00
Net Short Term Debt Issuance
0.00
+100.00%
-4.75
-686.17%
0.81
0.00
Net Common Stock Issuance
27.90
0.00
+100.00%
-227.78
Common Stock Payments
-2.77
+98.78%
-227.78
Repurchase Of Capital Stock
-2.77
+98.78%
-227.78
Proceeds From Stock Option Exercised
0.34
+252.04%
0.10
+9700.00%
0.00
-99.22%
0.13
Net Other Financing Charges
8.60
+297.48%
-4.36
-0.08
Changes In Cash
-4.44
-109.39%
47.27
+5657.65%
0.82
+150.37%
-1.63
Beginning Cash Position
50.49
+1471.37%
3.21
+14352.14%
0.02
-99.66%
6.54
End Cash Position
46.05
-8.79%
50.49
+5886.86%
0.84
-82.84%
4.91
Free Cash Flow
-74.54
-36.93%
-54.43
-2230.88%
-2.34
+94.26%
-40.72
Interest Paid Supplemental Data
0.00
0.00
Income Tax Paid Supplemental Data
1.03
+29.79%
0.79
+74.40%
0.45
Change In Income Tax Payable
-0.31
-214.27%
0.27
+33.84%
0.20
Change In Tax Payable
-0.31
-214.27%
0.27
+33.84%
0.20
Common Stock Issuance
27.90
0.00
Issuance Of Capital Stock
27.90
0.00
0.00
-100.00%
5.26
Net Preferred Stock Issuance
0.00
-100.00%
5.26
Preferred Stock Issuance
0.00
-100.00%
5.26
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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