Backblaze Inc (BLZE)

Currency in USD
7.26
-0.34(-4.41%)
Real-time Data·
Unusual trading volume
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Fair Value
Day's Range
6.948.16
52 wk Range
3.2610.86
Key Statistics
Prev. Close
7.59
Open
7.68
Day's Range
6.94-8.16
52 wk Range
3.26-10.86
Volume
4.3M
Average Volume (3m)
1.44M
1-Year Change
61.1111%
Book Value / Share
1.44
Fair Value
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Fair Value Upside
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BLZE Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
9.34
Upside
+28.69%
Members' Sentiments
Bearish
Bullish
ProTips
Significant return over the last week

Backblaze Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Buy
Technical Indicators
Buy
Moving Averages
Buy

Analyst Ratings

6 Buy
1 Hold
1 Sell
Ratings:
8 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 9.34
(+28.69% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Craig-Hallum
Hold6.50-10.22%4.50Maintain05-05-2026
Lake Street
Buy11.00+51.93%8.00Maintain05-05-2026
Needham
Buy8.50+17.40%6.00Maintain05-05-2026
Citizens
Buy8.00+10.50%-Maintain05-05-2026
B.Riley
Buy7.00-3.31%7.50Maintain06-04-2026

Backblaze Inc Earnings Call Summary for Q1/2026

  • Backblaze Q1 2026 revenue hit $38.7M (up 12% YoY), beating forecast of $37.79M; EPS of $0.04 crushed expectations of -$0.0043
  • B2 Cloud Storage revenue surged 24% YoY while Computer Backup segment declined 5%; gross margin improved to 61% from 56% prior year
  • Adjusted EBITDA reached $10M with 26% margin, up from $6M (18% margin) in Q1 2025; operating expenses held flat at $29M vs Q4 2025
  • Q2-Q4 2026 revenue guidance ranges from $38.09M to $41.54M; EPS projected between $0.00-$0.02 with positive FCF expected in H2 2026
  • Stock fell 0.67% to $4.42 despite earnings beat, down 52% over six months; analyst price targets range from $4.50 to $15.90
Last Updated: 05-05-2026, 03:42 am
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Earnings

Latest Release
04-05-2026
EPS / Forecast
0.04 / -0.00
Revenue / Forecast
38.7M / 37.79M
EPS Revisions
Last 90 days

BLZE Income Statement

Compare BLZE to Peers and Sector

Metrics to compare
BLZE
Peers
Sector
Relationship
P/E Ratio
−19.2x12.6x13.1x
PEG Ratio
−0.300.100.01
Price/Book
5.1x2.4x2.4x
Price / LTM Sales
2.9x3.6x2.5x
Upside (Analyst Target)
12.0%19.8%21.8%
Fair Value Upside
Unlock26.1%0.7%Unlock

Backblaze, Inc., a cloud storage platform, provides businesses and consumers cloud services to store, use, and protect data in the United States, the United Kingdom, Canada, and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. In addition, the company offers cloud storage solutions for a range of cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; and Internet of Things. Further, it provides computer backup that automatically backs up data from laptops and desktops for businesses and individuals, which offers a subscription-based software-as-a-service and serves use cases, including MAC and PC backup; ransomware protection; theft and loss recovery; data archiving; organization and managed service provider level management; and remote access. The company serves individuals, developers, MSPS, small and medium-sized businesses, and large enterprises across industries, including media, AI innovators, creative agencies, academic institutions, government agencies, research institutes, and gaming companies. Backblaze, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

Employees
320

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
8.97M14.95%68.11M
Other Institutional Investors
23.49M39.14%178.30M
Public Companies & Retail Investors
27.55M45.90%209.10M
Total
60.01M100.00%455.51M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.6.23%37,40,04128,387
The Vanguard Group, Inc.5.16%30,96,71923,504

FAQ

What Is the Backblaze (BLZE) Share Price Today?

The Backblaze share price today is 7.26.

What is the current Backblaze (BLZE) share price and day range?

As of 06-05-2026, the Backblaze share price is 7.26, with a previous close of 7.59. The share price has ranged from 6.94 to 8.16 today, while the 52-week range spans from 3.26 to 10.86.

What Is the Backblaze Market Cap?

As of today, Backblaze market cap is 455.51M.

What Is the Backblaze (BLZE) Share Price Target?

The average 12-month share price target for Backblaze is 9.34, with a high estimate of 15.9 and a low estimate of 6.5. 6 analysts recommend buying, while 1 suggest selling, with an overall rating of Buy and +28.69% Upside potential.

What Is Backblaze's Earnings Per Share (TTM)?

The Backblaze EPS (TTM) is -0.46.

When Is the Next Backblaze Earnings Date?

Backblaze will release its next earnings report on 11-08-2026.

From a Technical Analysis Perspective, Is BLZE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

What Stock Exchange Does Backblaze Trade On?

Backblaze is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Backblaze?

The stock symbol for Backblaze is "BLZE."

How Many Times Has Backblaze Stock Split?

Backblaze has split 0 times.

How Many Employees Does Backblaze Have?

Backblaze has 320 employees.

What Is the BLZE Premarket Price?

BLZE's last pre-market stock price is 7.70. The pre-market share volume is 2,70,560.00, and the stock has changed by 0.11, or 1.45%.

What Is the BLZE After Hours Price?

BLZE's last after hours stock price is 7.56, the stock has changed by -0.03, or -0.40%.
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