Backblaze Inc (BLZE)

Currency in USD
15.30
-0.32(-2.05%)
Closed·
15.15-0.15(-0.98%)
·
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Fair Value
Day's Range
15.1816.31
52 wk Range
3.2616.59
Key Statistics
Prev. Close
15.62
Open
15.38
Day's Range
15.18-16.31
52 wk Range
3.26-16.59
Volume
2.2M
Average Volume (3m)
3.08M
1-Year Change
172.7273%
Book Value / Share
1.41
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
13.70
Downside
-10.46%
Members' Sentiments
Bearish
Bullish
ProTips
Stock generally trades with high price volatility

Backblaze Inc News & Analysis

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Technical Analysis

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

Analyst Ratings

7 Buy
1 Hold
0 Sell
Ratings:
8 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 13.70
(-10.46% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Lake Street
Buy14.00-8.50%11.00Maintain24-06-2026
Needham
Buy14.00-8.50%8.50Maintain24-06-2026
Citizens
Buy14.00-8.50%8.00Maintain24-06-2026
William Blair
Hold---Upgrade23-06-2026
Craig-Hallum
Buy16.00+4.58%-Upgrade23-06-2026

Backblaze Inc Earnings Call Summary for Q1/2026

  • Backblaze Q1 2026 EPS of $0.04 beat forecast by 1030%, revenue hit $38.7M (+12% YoY); stock surged 70.56% to $7.59 in after-hours trading
  • B2 Cloud Storage drove growth with 24% YoY increase; gross margin improved to 61% from 56%; adjusted EBITDA reached $10M (26% margin)
  • Company guides Q2-Q3 EPS of $0.02-$0.03, projects FY2026 revenue of $162.36M; 6 analysts revised earnings upward for upcoming period
  • CEO Budman emphasized B2 Cloud Storage as primary growth driver; updated ARR and RPO methodologies to align with industry standards
  • Adjusted free cash flow negative due to strategic CapEx; Computer Backup revenue declining as expected, posing potential growth headwind
Last Updated: 10-05-2026, 06:52 pm
Read Full Transcript

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
−41.8x13.8x12.7x
PEG Ratio
−0.69−0.450.01
Price/Book
11.1x3.0x2.4x
Price / LTM Sales
6.3x5.6x2.4x
Upside (Analyst Target)
−10.4%10.9%27.2%
Fair Value Upside
Unlock−0.3%3.2%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
9.55M15.91%149.13M
Other Institutional Investors
21.44M35.73%334.91M
Public Companies & Retail Investors
29.03M48.37%453.39M
Total
60.01M100.00%937.43M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.6.14%36,83,89957,543
Vanguard Capital Management, LLC3.91%23,44,44736,620

FAQ

What Is the Backblaze (BLZE) Share Price Today?

The Backblaze share price today is 15.30.

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

As of 06-07-2026, the Backblaze share price is 15.30, with a previous close of 15.62. The share price has ranged from 15.18 to 16.31 today, while the 52-week range spans from 3.26 to 16.59.

What Is the Backblaze Market Cap?

As of today, Backblaze market cap is 937.43M.

What Is the Backblaze (BLZE) Share Price Target?

The average 12-month share price target for Backblaze is 13.70, with a high estimate of 16 and a low estimate of 7. 7 analysts recommend buying, while 0 suggest selling, with an overall rating of Strong Buy and -10.46% Downside potential.

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

The Backblaze EPS (TTM) is -0.39.

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 15.46. The pre-market share volume is 17,320.00, and the stock has changed by -0.16, or -1.02%.

What Is the BLZE After Hours Price?

BLZE's last after hours stock price is 15.15, the stock has changed by -0.15, or -0.98%.
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