Backblaze (BLZE)
NASDAQ:BLZE
BLZE Stock Chart & Stats
$3.63
-$0.13(-2.02%)
At close: 4:00 PM EST
$3.63
-$0.13(-2.02%)
Day’s Range― - ―
52-Week Range$3.52 - $10.86
Previous CloseN/A
Volume64.56K
Average Volume (3M)1.04M
Market Cap
$218.16M
Enterprise Value$270.73M
Total Cash (Recent Filing)$51.38M
Total Debt (Recent Filing)$81.75M
Price to Earnings (P/E)―
Beta1.57
Next Earnings
May 13, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.06
Shares Outstanding60,100,000
10 Day Avg. Volume625,792
30 Day Avg. Volume1,035,185
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 Cap1.24
Enterprise Value/Revenue1.86
Enterprise Value/Gross Profit3.05
Enterprise Value/Ebitda70.67
Forecast
1Y Price Target
$6.90Price Target Upside90.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.02
Revenue Forecast (FY)$157.50M
Bulls Say, Bears Say
Bulls Say
Cash FlowAdjusted free cash flow turning positive indicates improved cash-generation discipline and greater flexibility to fund operations or strategic initiatives.
Enterprise Customer TractionMeaningful B2 Cloud growth driven by larger customers and diverse use cases is shifting revenue toward higher-value contracts and supporting more durable top-line expansion.
Strategic PartnershipA multi-year white-label storage agreement with a major neocloud provider bolsters commercial momentum and creates a steady, contract-backed revenue stream.
Bears Say
Conservative GuidanceConservative revenue guidance that excludes large swing deals and assumes minimum customer usage may limit near-term upside and reduce visibility into growth cadence.
Cost Pressure On MarginsHigher infrastructure, data center, and equipment costs are expected to pressure gross margins and weigh on near-term profitability.
Valuation HeadwindsSector multiple compression leading analysts to reduce price targets could constrain share-price appreciation even if operational metrics improve.
Backblaze News
BLZE FAQ
What was Backblaze’s price range in the past 12 months?
Backblaze lowest stock price was $3.52 and its highest was $10.86 in the past 12 months.
What is Backblaze’s market cap?
Backblaze’s market cap is $218.16M.
When is Backblaze’s upcoming earnings report date?
Backblaze’s upcoming earnings report date is May 13, 2026 which is in 47 days.
How were Backblaze’s earnings last quarter?
Backblaze released its earnings results on Feb 23, 2026. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.03.
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 60,100,000 shares outstanding.
What happened to Backblaze’s price movement after its last earnings report?
Backblaze reported an EPS of $0.06 in its last earnings report, beating expectations of $0.03. Following the earnings report the stock price went down -13.959%.
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
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$6.90 (90.08% Upside)
$6.90 (90.08% 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 ▼ 0.8%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-35.62%
12-Months-Change
Fundamentals
Return on Equity
-31.67%
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
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted major operational and financial milestones: first adjusted free cash flow positive quarter, doubled adjusted EBITDA margin, strong B2 growth (26% FY) and notable upmarket traction including a >$15M TCV neocloud deal and the launch of B2 Neo. Management also detailed a disciplined, derisked guidance approach and plans to invest in AI-focused product and GTM initiatives. Offsetting these positives are near-term headwinds: guidance removes upside from swing deals, NRR showed sequential variability driven by a large usage customer, computer backup is expected to decline ~5% in 2026, and gross margins will face pressure from higher data center costs and accelerated CapEx. Overall, the company portrays durable long-term opportunity and improved capital efficiency while acknowledging short-term lumpiness and margin pressure.View all BLZE earnings summariesBLZE Stock 12 Month Forecast
Average Price Target
$6.90
▲(90.08% Upside)
Technical Analysis
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Ownership Overview
5.37% Insiders
8.50% Mutual Funds
15.97% Other Institutional Investors
62.03% Public Companies and
Individual Investors