DA Davidson analyst Gil Luria initiated coverage on Blaize Holdings, Inc. ( BZAI ) with a Buy rating and a $10 price forecast.

The analyst writes that Blaize ( BZAI ) is well-positioned to become a significant player in AI-enabled edge computing, offering end-to-end solutions that can unlock the next generation of on-device intelligence.

The shift toward decentralized AI systems is driven by the need to process data closer to its source, especially in industries where speed, security, and efficiency are crucial.

The analyst notes that Blaize’s Graph Streaming Processor moves away from traditional hardware by focusing on task-level parallelism instead of memory-heavy operations.

Blaize GSPs stream data between nodes as tasks finish, eliminating the need for high-bandwidth memory cycles and reducing power use and latency—ideal for real-time edge AI applications.

Also Read: Analysts See AIG’s Q4 As Positive, But Expense Ratio Limits Stock Gains

Per Luria, Blaize ( BZAI ) presents a compelling opportunity within the emerging AI inference market due to its strong technology platform, expanding use cases, and large addressable market.

Blaize’s solutions combine hardware and software to enable on-device processing, reducing reliance on cloud infrastructure and allowing for edge autonomy, Luria adds.

Blaize ( BZAI ) secured a $104 million order from a defense customer in EMEA, showcasing its technical credibility.

With a $400 million pipeline, it targets sectors like smart cities, automotive, and industrial automation, the analyst notes.

According to Luria, the company’s guidance of $19 million-$50 million of 2025 revenue and $105 million-140 million for 2026 sets up a nice ramp for the roll-out of the marquee customer and other pipeline conversions.

Price Action: BZAI shares are trading lower by 2.49% to $3.13 at last check Wednesday.

Read Next:

California’s $10 Trillion Property Market Faces Unprecedented Threat From Wildfires

Image via Shutterstock.