Blaize initiated with a Neutral at Rosenblatt

Rosenblatt initiated coverage of Blaize (BZAI) with a Neutral rating and $3 price target The edge AI market is undergoing a structural shift as Bell’s Law takes hold – ushering in a new class of computing tailored to distributed, localized, AI-driven workloads, and Blaize operates at the intersection of edge AI acceleration, programmable silicon, and full-stack software enablement, the analyst tells investors in a research note. With early customer wins and a growing funnel, Blaize may be well-positioned for future upside, but shares appropriately reflect current execution risk, revenue uncertainty, and limited deployment visibility, the firm adds.