B. Riley analyst Craig Ellis lowered the firm’s price target on Blaize (BZAI) to $5 from $8 and keeps a Buy rating on the shares. Blaize reported Q4 results above consensus, supported by large project momentum, with 2026 sales guidance slightly higher and strong follow-through suggesting effective pipeline conversion and new offering adoption, the analyst tells investors in a research note. CY26 execution priorities appear on target, with incremental revenue potential, though Q1 sales may be pressured by memory headwinds, the firm says.
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