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Backblaze (BLZE)
NASDAQ:BLZE
BLZE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$3.94 - $8.16
Previous CloseN/A
Volume64.56K
Average Volume (3M)529.60K
Market Cap
$438.44M
Enterprise Value$317.01M
Total Cash (Recent Filing)$53.23M
Total Debt (Recent Filing)$47.84M
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Nov 05, 2025EPS Estimate
-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.01
Shares Outstanding56,500,000
10 Day Avg. Volume963,721
30 Day Avg. Volume529,604
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap0.72
Enterprise Value/Revenue2.40
Enterprise Value/Gross Profit4.36
Enterprise Value/Ebitda-14.21
Forecast
1Y Price Target
$9.30Price Target Upside13.14% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Bulls Say, Bears Say
Bulls Say
Financial PerformanceBackblaze reported healthy second-quarter results above the Street while raising full-year revenue guidance by $1 million at the midpoint.
Growth In Cloud ServicesBackblaze reported strong results with B2 Cloud Storage growth of 29%, outperforming management's guided range.
Strategic InitiativesThe company has implemented drastic changes deepening the executive bench, revamping the go-to-market, and transitioning focus to larger Enterprise deals.
Bears Say
Historical LossesBackblaze has a history of GAAP net losses, which is typical for subscale SaaS companies and not indicative of wrongdoing.
Increased ExpensesBackblaze's capitalized software expenses are expected to be higher than larger companies due to its size, and these expenses have decreased from 2023 to 2024.
Stock DilutionThe recent secondary offering added 7.2M shares to the share count, leading to a lower $11 price target due to dilution.
Backblaze News
BLZE FAQ
What was Backblaze’s price range in the past 12 months?
Backblaze lowest stock price was $3.94 and its highest was $8.16 in the past 12 months.
What is Backblaze’s market cap?
Backblaze’s market cap is $438.44M.
When is Backblaze’s upcoming earnings report date?
Backblaze’s upcoming earnings report date is Nov 05, 2025 which is in 74 days.
How were Backblaze’s earnings last quarter?
Backblaze released its earnings results on Aug 07, 2025. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of -$0.052 by $0.062.
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 -0.01.
How many shares outstanding does Backblaze have?
Backblaze has 56,500,000 shares outstanding.
What happened to Backblaze’s price movement after its last earnings report?
Backblaze reported an EPS of $0.01 in its last earnings report, beating expectations of -$0.052. Following the earnings report the stock price went up 24.86%.
Which hedge fund is a major shareholder of Backblaze?
Currently, no hedge funds are holding shares in BLZE
Backblaze Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$9.30 (13.14% Upside)
$9.30 (13.14% Upside)
Blogger Sentiment
Bullish
BLZE Sentiment 66%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 73.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 15.3%
Last 30 Days ▲ 15.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.40%
12-Months-Change
Fundamentals
Return on Equity
-69.83%
Trailing 12-Months
Asset Growth
45.60%
Trailing 12-Months
Company Description
Backblaze
Backblaze, Inc. (BLZE) is a cloud storage and data backup company headquartered in San Mateo, California. Founded in 2007, the company operates primarily within the technology and cloud computing sectors. Backblaze offers a variety of services, including personal and business backup solutions, cloud storage services, and data management tools. Its core products include Backblaze Personal Backup, Backblaze Business Backup, and B2 Cloud Storage, which cater to individuals, businesses, and developers seeking reliable, cost-effective data storage and backup solutions.
BLZE Company Deck
BLZE Earnings Call
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
Backblaze's earnings call reflected strong financial performance with significant growth driven by AI opportunities and successful execution of their go-to-market strategy. However, there are concerns about the sustainability of AI-driven growth and challenges in the Computer Backup segment, which may affect future performance.View all BLZE earnings summariesBLZE Stock 12 Month Forecast
Average Price Target
$9.30
▲(13.14% Upside)
Technical Analysis
Ownership Overview
5.63% Insiders
8.84% Mutual Funds
19.27% Other Institutional Investors
58.94% Public Companies and
Individual Investors