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Backblaze (BLZE)
NASDAQ:BLZE
BLZE Stock Chart & Stats
$3.89
-$0.13(-2.02%)
At close: 4:00 PM EST
$3.89
-$0.13(-2.02%)
Day’s Range― - ―
52-Week Range$3.68 - $10.86
Previous CloseN/A
Volume64.56K
Average Volume (3M)963.29K
Market Cap
$220.99M
Enterprise Value$273.56M
Total Cash (Recent Filing)$51.38M
Total Debt (Recent Filing)$81.75M
Price to Earnings (P/E)―
Beta1.63
Next Earnings
May 13, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.06
Shares Outstanding57,700,000
10 Day Avg. Volume1,549,546
30 Day Avg. Volume963,292
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/Revenue1.88
Enterprise Value/Gross Profit3.08
Enterprise Value/Ebitda71.41
Forecast
1Y Price Target
$6.90Price Target Upside77.38% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.02
Revenue Forecast (FY)$160.30M
Bulls Say, Bears Say
Bulls Say
Cash GenerationPositive adjusted free cash flow signals stronger cash-generation discipline and tighter operational control that can reduce funding risk and support reinvestment or strategic initiatives.
Commercial PartnershipsSigning a multi-year white-label storage agreement with a major neocloud provider bolsters commercial momentum and helps secure recurring, enterprise-class revenue streams.
Enterprise Customer TractionB2 Cloud gaining traction with larger customers and diverse use cases is shifting the revenue mix toward higher-value contracts, potentially improving revenue quality and stability.
Bears Say
Conservative GuidanceManagement's conservative revenue guidance that excludes large swing deals and assumes minimum customer usage could limit near-term upside and increase uncertainty around growth realization.
Cost-driven Margin PressureRising infrastructure, data center, and equipment costs are expected to pressure gross margins, creating a headwind to profitability even if revenue grows.
Valuation RiskA reduced analyst price target tied to sector-wide multiple compression highlights valuation risk and suggests limited upside from a valuation re-rating.
Backblaze News
BLZE FAQ
What was Backblaze’s price range in the past 12 months?
Backblaze lowest stock price was $3.67 and its highest was $10.86 in the past 12 months.
What is Backblaze’s market cap?
Backblaze’s market cap is $220.99M.
When is Backblaze’s upcoming earnings report date?
Backblaze’s upcoming earnings report date is May 13, 2026 which is in 69 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 57,700,000 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
Strong Buy
Average Price Target:
$6.90 (77.38% Upside)
$6.90 (77.38% 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 ▼ 1.0%
Last 30 Days ▼ 7.8%
Last 30 Days ▼ 7.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-35.27%
12-Months-Change
Fundamentals
Return on Equity
-31.85%
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
▲(77.38% Upside)
Technical Analysis
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Ownership Overview
5.10% Insiders
8.90% Mutual Funds
10.51% Other Institutional Investors
67.40% Public Companies and
Individual Investors