Backblaze Inc (BLZE)

Currency in USD
7.77
+0.10(+1.30%)
Closed·
7.78+0.01(+0.08%)
·
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Fair Value
Day's Range
7.477.95
52 wk Range
3.2610.86
Key Statistics
Prev. Close
7.67
Open
7.67
Day's Range
7.47-7.95
52 wk Range
3.26-10.86
Volume
1.76M
Average Volume (3m)
1.58M
1-Year Change
30.5882%
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
9.34
Upside
+20.24%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in overbought territory

Backblaze Inc News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 9.34
(+20.24% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Craig-Hallum
Hold6.50-16.34%4.50Maintain05/05/2026
Lake Street
Buy11.00+41.57%8.00Maintain05/05/2026
Needham
Buy8.50+9.40%6.00Maintain05/05/2026
Citizens
Buy8.00+2.96%-Maintain05/05/2026
B.Riley
Buy7.00-9.91%7.50Maintain06/04/2026

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, 14:22
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

Compare BLZE to Peers and Sector

Metrics to compare
BLZE
Peers
Sector
Relationship
P/E Ratio
−20.8x13.6x12.8x
PEG Ratio
−0.34−0.050.01
Price/Book
5.5x2.3x2.4x
Price / LTM Sales
3.1x4.0x2.5x
Upside (Analyst Target)
9.4%13.7%18.4%
Fair Value Upside
Unlock11.3%0.5%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
8.92M14.86%68.42M
Other Institutional Investors
22.93M38.20%175.85M
Public Companies & Retail Investors
28.17M46.93%216.04M
Total
60.01M100.00%460.31M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.6.14%3,683,89928,624
The Vanguard Group, Inc.5.16%3,096,71924,062

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FAQ

What Is the Backblaze (NASDAQ: BLZE) Share Price Today?

The Backblaze stock price today is 7.77 USD.

What Stock Exchange Does Backblaze (BLZE) Trade On?

Backblaze is listed and trades on the Nasdaq Stock Exchange.

What Is the Ticker (Stock Symbol) for Backblaze?

The stock symbol (also called a 'ticker') for Backblaze is "BLZE."

What Is the Current Backblaze Market Capitalisation?

As of today, Backblaze (NASDAQ: BLZE) market cap is 466.31M USD.

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

The Backblaze EPS is currently -0.39 (Trailing Twelve Months).

When Is the Next Backblaze Earnings Date?

Backblaze's next earnings report will be released on 11/08/2026.

Is BLZE a Buy or Sell From a Technical Analyst Perspective?

Based on today's Backblaze moving averages and other technical indicators, the daily buy/sell signal for BLZE stock is Strong Buy.

How Many Times Has Backblaze Stock Split?

Backblaze has split 0 times. (See the BLZE stock split history page for full effective split date and price information.)

How Many Employees Does Backblaze Have?

Backblaze has 320 employees, based on their latest Companies House report.

What is the current trading status of Backblaze (NASDAQ: BLZE)?

As of 27/05/2026, Backblaze (BLZE) is trading at a share price of 7.77 USD, with a previous close of 7.67 USD. The stock has fluctuated within a day range of 7.47 USD to 7.95 USD, while its 52-week range spans from 3.26 USD to 10.86 USD.

What Is Backblaze (BLZE) Price Target According to Analysts?

The average 12-month price target for Backblaze is 9.34 USD, with a high estimate of 15.9 USD and a low estimate of 6.5 USD. 6 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +20.24% Upside potential.

What Is the BLZE Premarket Price?

BLZE's last pre-market stock price is 7.81 USD. The pre-market share volume is 20,990.00, and the stock has decreased by 0.14, or 1.81%.

What Is the BLZE After Hours Price?

BLZE's last after hours stock price is 7.78 USD, the stock has decreased by 0.01, or 0.08%.
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