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BLZE Stock Chart & Stats
$4.10
-$0.13(-2.02%)
At close: 4:00 PM EST
$4.10
-$0.13(-2.02%)
Day’s Range― - ―
52-Week Range$3.26 - $16.60
Previous CloseN/A
Volume64.56K
Average Volume (3M)3.94M
Market Cap
$985.20M
Enterprise Value$532.40M
Total Cash (Recent Filing)$45.48M
Total Debt (Recent Filing)$62.35M
Price to Earnings (P/E)―
Beta1.71
Next Earnings
Aug 11, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.39
Shares Outstanding60,000,000
10 Day Avg. Volume5,447,264
30 Day Avg. Volume3,938,136
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)3.15
Price to Sales (P/S)1.80
P/FCF Ratio13.90
Enterprise Value/Market Cap0.54
Enterprise Value/Revenue3.55
Enterprise Value/Gross Profit5.72
Enterprise Value/Ebitda84.72
Forecast
1Y Price Target
$13.25Price Target Upside223.17% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.11
Revenue Forecast (FY)$162.35M
Bulls Say, Bears Say
Bulls Say
B2 Cloud Storage MomentumSustained high-growth in B2 and ARR expansion indicate durable, usage-based recurring revenue built from developers and businesses. Strong B2 adoption increases wallet share per customer and creates stickiness via data gravity, supporting long-term top-line durability and expansion potential.
Margin Expansion & Operating LeverageMeaningful gross margin and adjusted EBITDA improvement reflect better unit economics and operating leverage. Sustained margin expansion supports a path to profitability even with revenue growth investments, improving cash generation potential and resilience across business cycles.
Large Multi‑Year AI PartnershipA multi‑year, multi‑exabyte contract tied to AI workloads materially raises multi-period revenue visibility and cements Backblaze as a cost‑efficient storage layer for AI customers. Strategic alignment and long terms reduce churn risk and accelerate upmarket expansion and scale economics.
Bears Say
Net Losses PersistDespite margin progress and positive EBITDA most recently, continued net losses and negative ROE indicate profitability is not yet fully realized. Persistent losses constrain retained earnings, restrict balance sheet flexibility, and require sustained execution to convert operating momentum into lasting net income.
Declining Computer Backup SegmentA shrinking legacy backup segment reduces diversification and the steady recurring base, pressuring aggregate growth unless offset by B2 expansion. Lower NRR in this segment implies higher churn and limited expansion, making overall revenue growth more dependent on upmarket and AI wins.
Higher CapEx & Lease ReliancePulling forward CapEx and expanding capital lease capacity raises fixed obligations and financial leverage risk. Higher equipment costs and greater reliance on lease financing can pressure free cash flow and increase balance sheet rigidity if growth or AI conversions disappoint.
Backblaze News
BLZE FAQ
What was Backblaze, Inc.’s price range in the past 12 months?
Backblaze, Inc. lowest stock price was $3.26 and its highest was $16.60 in the past 12 months.
What is Backblaze, Inc.’s market cap?
Backblaze, Inc.’s market cap is $985.20M.
When is Backblaze, Inc.’s upcoming earnings report date?
Backblaze, Inc.’s upcoming earnings report date is Aug 11, 2026 which is in 32 days.
How were Backblaze, Inc.’s earnings last quarter?
Backblaze, Inc. released its earnings results on May 04, 2026. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0 by $0.04.
Is Backblaze, Inc. overvalued?
According to Wall Street analysts Backblaze, Inc.’s price is currently Undervalued.
Does Backblaze, Inc. pay dividends?
Backblaze, Inc. does not currently pay dividends.
What is Backblaze, Inc.’s EPS estimate?
Backblaze, Inc.’s EPS estimate is 0.02.
How many shares outstanding does Backblaze, Inc. have?
Backblaze, Inc. has 60,000,000 shares outstanding.
What happened to Backblaze, Inc.’s price movement after its last earnings report?
Backblaze, Inc. reported an EPS of $0.04 in its last earnings report, beating expectations of $0. Following the earnings report the stock price went up 63.578%.
Which hedge fund is a major shareholder of Backblaze, Inc.?
Currently, no hedge funds are holding shares in BLZE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Backblaze Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$13.25 (223.17% Upside)
$13.25 (223.17% Upside)
Blogger Sentiment
Bullish
BLZE Sentiment 70%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 32.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 11.1%
Last 30 Days ▲ 11.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
203.51%
12-Months-Change
Fundamentals
Return on Equity
-27.17%
Trailing 12-Months
Asset Growth
13.22%
Trailing 12-Months
Company Description
Backblaze, Inc.
Backblaze, Inc. functions as a cloud storage provider, delivering comprehensive online services for businesses and individual consumers to securely store, manage, and access their data globally. The company's cloud solutions are underpinned by a highly scalable software infrastructure built upon cost-effective, commercial-grade hardware. One of its flagship offerings is Backblaze B2 Cloud Storage, a versatile service empowering clients to store data, developers to construct applications, and partners to enhance their service portfolios. This consumption-based Infrastructure-as-a-Service (IaaS) supports a range of functionalities, including data backups, multi-cloud environments, application development, and robust ransomware defense. Furthermore, Backblaze offers Computer Backup, an automated subscription-based Software-as-a-Service (SaaS) that safeguards data on laptops and desktops for both corporate and personal use. This service facilitates routine computer backups, offers protection against ransomware, mitigates risks from theft and loss, and provides remote access capabilities. Backblaze primarily serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was founded in 2007 and is headquartered in San Mateo, California.
BLZE Company Deck
BLZE Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operational quarter with multiple tangible signs of momentum: revenue and adjusted EBITDA beats, accelerating B2 growth (24% YoY), expanded ARR, improved gross margin, sizable upmarket deals, pronounced AI customer traction (AI customers +76% YoY and >1/3 of new bookings), and raised full‑year guidance. Offsetting pressures include a declining Computer Backup business, near‑term negative adjusted free cash flow driven by timing and accelerated CapEx, methodology changes that add short‑term metric volatility, and supply‑chain/cost inflation headwinds. On balance, positive execution and upgraded guidance outweigh the manageable near‑term and execution risks.View all BLZE earnings summariesBLZE Stock 12 Month Forecast
Average Price Target
$13.25
▲(223.17% Upside)
Technical Analysis
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Ownership Overview
5.77% Insiders
7.76% Mutual Funds
0.15% Other Institutional Investors
75.92% Public Companies and Individual Investors