Backblaze (BLZE)
NASDAQ:BLZE
Want to see BLZE full AI Analyst Report?
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 - $10.86
Previous CloseN/A
Volume64.56K
Average Volume (3M)606.17K
Market Cap
$278.86M
Enterprise Value$492.24M
Total Cash (Recent Filing)$51.38M
Total Debt (Recent Filing)$81.75M
Price to Earnings (P/E)―
Beta1.68
Next Earnings
Aug 11, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.46
Shares Outstanding60,100,000
10 Day Avg. Volume535,693
30 Day Avg. Volume606,167
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 Cap1.77
Enterprise Value/Revenue3.38
Enterprise Value/Gross Profit5.54
Enterprise Value/Ebitda128.49
Forecast
1Y Price Target
$8.40Price Target Upside104.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.02
Revenue Forecast (FY)$157.52M
Bulls Say, Bears Say
Bulls Say
Cash Flow ImprovementAdjusted free cash flow being positive signals improved cash-generation discipline that can support reinvestment or reduce reliance on external financing.
Enterprise Customer TractionMeaningful growth in the B2 Cloud segment driven by larger customers points to expansion into higher-value contracts and a more stable revenue mix.
Strategic Commercial ValidationA white-label storage agreement with a major neocloud provider bolsters commercial momentum and validates the platform for large-scale deployments.
Bears Say
Conservative Revenue GuidanceManagement's conservative revenue guidance that excludes large swing deals and assumes minimum usage may constrain upside and understate potential demand.
Infrastructure Cost PressureRising data center and equipment costs are expected to pressure gross margins and weigh on overall profitability.
Sector Valuation CompressionReduced price target driven by compressed valuation multiples across the sector could limit stock upside even if company fundamentals improve.
Backblaze News
BLZE FAQ
What was Backblaze’s price range in the past 12 months?
Backblaze lowest stock price was $3.26 and its highest was $10.86 in the past 12 months.
What is Backblaze’s market cap?
Backblaze’s market cap is $278.86M.
When is Backblaze’s upcoming earnings report date?
Backblaze’s upcoming earnings report date is Aug 11, 2026 which is in 97 days.
How were Backblaze’s earnings last quarter?
Backblaze 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 overvalued?
According to Wall Street analysts Backblaze’s price is currently Undervalued.
Does Backblaze pay dividends?
Backblaze does not currently pay dividends.
What is Backblaze’s EPS estimate?
Backblaze’s EPS estimate is 0.02.
How many shares outstanding does Backblaze have?
Backblaze has 60,100,000 shares outstanding.
What happened to Backblaze’s price movement after its last earnings report?
Backblaze reported an EPS of $0.04 in its last earnings report, beating expectations of $0. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Backblaze?
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
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$8.40 (104.88% Upside)
$8.40 (104.88% Upside)
Blogger Sentiment
Neutral
BLZE Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 4.3%
Last 30 Days ▼ 4.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.57%
12-Months-Change
Fundamentals
Return on Equity
-27.17%
Trailing 12-Months
Asset Growth
13.80%
Trailing 12-Months
Company Description
Backblaze
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as backups, multi-cloud, application development, and ransomware protection. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated 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
$8.40
▲(104.88% Upside)
Technical Analysis
Dropbox
―
Aurora Mobile
―
AvePoint
―
Bakkt Holdings, Inc. Class A
―
DigitalOcean Holdings
―
Ownership Overview
5.72% Insiders
7.05% Mutual Funds
1.51% Other Institutional Investors
77.25% Public Companies and
Individual Investors