How does BZAI's PB Ratio compare to its peers?

BZAI has negative equity and a Price-To-Book Ratio (-2.2x) compared to the peer average (1.6x).

How does BZAI's PB Ratio compare vs other companies in the US Semiconductor Industry?

BZAI has negative equity and a Price-To-Book Ratio (-2.2x) compared to the US Semiconductor industry average (2.7x).

What is BZAI's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate BZAI's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of BZAI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate BZAI's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

BZAI Stock Overview

Provides artificial intelligence (AI)-enabled edge computing solutions. More details

BZAI fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Revenue has declined by 48.9% over the past year

Negative shareholders equity

Does not have meaningful revenue ($2M)

My Notes

Capture your thoughts, links and company narrative

Blaize Holdings, Inc. Competitors

Navitas Semiconductor

NasdaqGM:NVTS

US$566.0m

Canadian Solar

NasdaqGS:CSIQ

US$693.4m

indie Semiconductor

NasdaqCM:INDI

US$854.1m

CEVA

NasdaqGS:CEVA

US$759.1m

Price History & Performance

Summary of share price highs, lows and changes for Blaize Holdings
Historical stock prices
Current Share Price	US$6.00
52 Week High	US$29.61
52 Week Low	US$5.09
Beta	-0.084
1 Month Change	-60.00%
3 Month Change	-47.28%
1 Year Change	-44.44%
3 Year Change	-39.02%
5 Year Change	n/a
Change since IPO	-38.77%

Recent updates

Shareholder Returns

	BZAI	US Semiconductor	US Market
7D	-8.1%	-11.2%	-0.9%
1Y	-44.4%	44.2%	22.6%

Return vs Industry: BZAI underperformed the US Semiconductor industry which returned 50.3% over the past year.

Return vs Market: BZAI underperformed the US Market which returned 24.3% over the past year.

Price Volatility

Is BZAI's price volatile compared to industry and market?
BZAI volatility
BZAI Average Weekly Movement	22.8%
Semiconductor Industry Average Movement	7.7%
Market Average Movement	6.4%
10% most volatile stocks in US Market	18.7%
10% least volatile stocks in US Market	3.2%

Stable Share Price: BZAI's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: BZAI's weekly volatility has increased from 12% to 23% over the past year.

About the Company

Founded	Employees	CEO	Website
2010	223	Dinakar Munagala	www.blaize.com

Blaize Holdings, Inc. provides artificial intelligence (AI)-enabled edge computing solutions. It offers AI edge computing products, including Blaize Pathfinder P1600 embedded system on modules, Blaize Xplorer X1600E EDSFF small form factor accelerators, Blaize Xplorer X600M M.2 small form factor accelerator platforms, Blaize Xplorer X1600P PCIe accelerators, Blaize Xplorer X1600P-Q PCIe accelerators, and Blaize Pathfinder 1600-DK embedded kits. The company also provides Blaize AI studio that delivers AI-driven application end-to-end data operations, development operations, and machine learning operation tools; and AI Studio marketplace, which allows users to browse and use AI/ML artifacts to run or share securely across their team and organization.

Blaize Holdings, Inc. Fundamentals Summary

How do Blaize Holdings's earnings and revenue compare to its market cap?
BZAI fundamental statistics
Market cap	US$581.09m
Earnings (TTM)	-US$79.23m
Revenue (TTM)	US$1.97m

309.9x

P/S Ratio

-7.7x

P/E Ratio

Is BZAI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BZAI income statement (TTM)
Revenue	US$1.97m
Cost of Revenue	US$3.21m
Gross Profit	-US$1.24m
Other Expenses	US$77.99m
Earnings	-US$79.23m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.78
Gross Margin	-62.94%
Net Profit Margin	-4,027.86%
Debt/Equity Ratio	-154.4%

How did BZAI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/31 07:11
End of Day Share Price	2025/01/31 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Blaize Holdings, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Blaize Holdings NasdaqGM:BZAI Stock Report