Backblaze, Inc. (BLZE)
| Market Cap | 771.89M +44.8% |
| Revenue (ttm) | 156.30M +13.9% |
| Net Income | -20.43M |
| EPS | -0.35 |
| Shares Out | 61.90M |
| PE Ratio | n/a |
| Forward PE | 74.47 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 382,792 |
| Open | 12.48 |
| Previous Close | 12.65 |
| Day's Range | 12.37 - 12.85 |
| 52-Week Range | 3.26 - 23.99 |
| Beta | 1.57 |
| Analysts | Buy |
| Price Target | 22.83 (+83.08%) |
| Earnings Date | Nov 2, 2026 |
About BLZE
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... [Read more]
Financial Performance
In 2025, Backblaze's revenue was $145.84 million, an increase of 14.27% compared to the previous year's $127.63 million. Losses were -$25.61 million, -47.23% less than in 2024.
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for BLZE stock is "Buy." The 12-month stock price target is $22.83, which is an increase of 83.08% from the latest price.
News
Backblaze to Announce Third Quarter 2026 Results on November 2, 2026
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, will report financial results for its third quarter ending September 30, 2026 on Mon...
Backblaze Transcript: Investor update
Q2 AFR rose to 1.73, driven by outlier models with age or low drive counts, while lifetime AFR remained 1.41. The fleet is shifting toward 20 TB drives as SMR and HAMR technologies point to higher future capacity and new system requirements.
Backblaze Builds on Its Jamf Integration with New Deployment Options for Mac Backup
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, introduced updates to Business Computer Backup that change how Jamf admins deploy an...
Backblaze Publishes Q2 2026 Drive Stats: Quarterly Failure Rate Rises to 1.73%
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. today published its Q2 2026 Drive Stats report.
Backblaze management to meet virtually with William Blair
Virtual Meeting to be held on September 28 hosted by William Blair.
Backblaze to Present at AI Infra Summit 2026: Architecting the AI Data Plane
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, will exhibit and present as a sponsor at AI Infra Summit 2026, Sept. 15–17 at the Sa...
Backblaze management to meet with Oppenheimer
Meeting to be held on September 15-17 hosted by Oppenheimer.
Backblaze Transcript: Investor Day 2026
AI-driven data growth and a fragmented cloud landscape drive demand for scalable storage. Backblaze leverages its optimized platform and new managed offerings to attract AI builders and infrastructure providers. Financials show accelerating B2 growth, strong margins, rising contract commitments, and partnerships that reinforce its AI storage leadership.
Backblaze Slides: FY 2026
Backblaze has posted slides in relation to its FY 2026 quarterly earnings report, which was published on September 9, 2026.
Backblaze, WEKA announce collaboration to manage data across AI lifecycle
Backblaze (BLZE) and WEKA announced a collaboration designed to “simplify” how AI teams manage data across the AI lifecycle. As AI teams generate volumes of data across ingestion, training, checkpoint...
Backblaze and WEKA Simplify Data Management Across the AI Lifecycle
SAN FRANCISCO & CAMPBELL, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, and WEKA, the AI data and memory infrastructure company, today an...
Backblaze prices upsized $175M offering of convertible senior notes due 2031
Backblaz announced the pricing of $175 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 in a private offering to qualified institutional buyers pursuant to Rule 144A under...
Backblaze Announces Pricing of Upsized $175 Million Convertible Senior Notes Offering
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced the pricing of $175 million aggregate principal amount of...
Backblaze announces $150M convertible senior notes offering
Backblaze (BLZE) announced that it intends to offer, subject to market and other conditions, $150M aggregate principal amount of convertible senior notes due 2031 in a private offering to qualified…
Backblaze Announces Proposed Private Offering of $150 Million of Convertible Senior Notes
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced that it intends to offer, subject to market and other con...
Backblaze participates in a conference call with Citizens
Citizens holds a post-earnings conference call on August 7.
Backblaze price target raised to $24 from $16 at B. Riley
B. Riley raised the firm’s price target on Backblaze (BLZE) to $24 from $16 and keeps a Buy rating on the shares. The firm upped the company’s estimates post the…
Backblaze price target raised to $21 from $14 at Lake Street
Lake Street raised the firm’s price target on Backblaze (BLZE) to $21 from $14 and keeps a Buy rating on the shares. Revenue will ramp gradually in 2026 due to…
Backblaze price target raised to $25 from $15 at Oppenheimer
Oppenheimer analyst Ittai Kidron raised the firm’s price target on Backblaze (BLZE) to $25 from $15 and keeps an Outperform rating on the shares. Backblaze delivered strong Q2 results with…
Backblaze price target raised to $21 from $16 at Citizens
Citizens analyst Rustam Kanga raised the firm’s price target on Backblaze to $21 from $16 and keeps an Outperform rating on the shares. Backblaze (BLZE) raised its FY26 outlook on…
Backblaze registers to sell 4.19M shares of Class A common stock for holders
This filing relates to the offer and sale from time to time by the selling stockholders of up to 4.19M shares of Class A common stock. The company is not…
Backblaze Earnings Call Transcript: Q2 2026
Q2 revenue and adjusted EBITDA margin exceeded guidance, driven by strong B2 Cloud growth and a landmark $335M CoreWeave contract. Full-year guidance was raised, with B2 revenue expected to grow over 40% in 2027, and capital resources deemed sufficient for expansion.
Backblaze Earnings release: Q2 2026
Backblaze released its Q2 2026 earnings on August 3, 2026, summarizing the period's financial results.
Backblaze Quarterly report: Q2 2026
Backblaze has published its Q2 2026 quarterly earnings report on August 3, 2026.
Backblaze Slides: Q2 2026
Backblaze has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 3, 2026.