Blaize (BZAI) Reported Strong Q3 Results, Analysts Bullish

Blaize Holdings, Inc. (NASDAQ:BZAI) is one of the 15 Best Technology Penny Stocks to Buy. On November 14, TipRanks reported that Scott Searle from Roth MKM reiterated the firm’s Buy rating on Blaize Holdings, Inc. (NASDAQ:BZAI) with a price target of $8.50.

On the same day, DA Davison also reaffirmed its Buy rating on Blaize Holdings, Inc. (NASDAQ:BZAI) and kept the price target at $10. These updates came after the company released its Q3 2025 earnings report. Blaize Holdings, Inc. (NASDAQ:BZAI) delivered a strong performance and beat the top-line growth expectations, which led to an increase in the lower end of the company’s revenue guidance range.

Blaize (BZAI) Reported Strong Q3 Results, Analysts Bullish

Blaize Holdings, Inc. (NASDAQ:BZAI) reported $11.9 million in revenue for the quarter, surpassing the upper end of the previous guidance range of $11.0 to $11.5 million. The third quarter was important for the company and it showed a 499% increase in revenue compared to the previous quarter. Blaize Holdings, Inc. (NASDAQ:BZAI) is seeing an acceleration in the adoption of its Hybrid AI platform in key regions, thanks to major customer programs and growing partnerships.

The company also expanded its commercial deployments and advanced collaborations in the Middle East, South Asia, and in industrial and sovereign AI infrastructure.

DA Davison pointed out that Blaize Holdings, Inc. (NASDAQ:BZAI) is starting to ship initial capacity related to its Starshine contract. The company has started delivering on its $120 million multi-year contract with Starshine, which supports Hybrid AI technology for smart urban infrastructure, agriculture, and industrial uses in Asia. This contract allows energy-efficient intelligence for city operations and business. The company also plans to explore more opportunities in this region in 2026.

Blaize Holdings, Inc. (NASDAQ:BZAI) is a technology company that provides a full-stack programmable processor architecture suite and a low-code/no-code software platform designed to support AI processing solutions for high-performance computing in edge devices and data centers.

While we acknowledge the potential of BZAI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BZAI and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.