Roth Capital initiated coverage of Blaize (BZAI) with a Buy rating and $8.50 price target Blaize is a leading provider of energy efficient artificial intelligence edge computing solutions, the analyst tells investors in a research note. The firm sees a total addressable market of $30B by 2030 for the company. It believes Blaize is positioned for “hyper-growth” and breakeven results by late 2027.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BZAI: