Backblaze, Inc. (BLZE)

NASDAQ: BLZE · Real-Time Price · USD
3.445
-0.155 (-4.31%)
Apr 9, 2026, 2:24 PM EDT - Market open
Market Cap207.04M -31.0%
Revenue (ttm)145.84M +14.3%
Net Income-25.61M
EPS-0.46
Shares Out 60.10M
PE Ration/a
Forward PE93.81
Dividendn/a
Ex-Dividend Daten/a
Volume388,056
Open3.590
Previous Close3.600
Day's Range3.350 - 3.605
52-Week Range3.261 - 10.858
Beta1.30
AnalystsBuy
Price Target7.60 (+120.61%)
Earnings DateMay 6, 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]

Sector Technology
IPO Date Nov 11, 2021
Employees 320
Stock Exchange NASDAQ
Ticker Symbol BLZE
Full Company Profile

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 Statements

Analyst Summary

According to 6 analysts, the average rating for BLZE stock is "Buy." The 12-month stock price target is $7.6, which is an increase of 120.61% from the latest price.

Price Target
$7.6
(120.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Backblaze Partners to Showcase Joint Solutions at the 2026 NAB Show

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced a series of partner showcases for media professionals at...

2 days ago - Business Wire

Backblaze Publishes Q1 2026 Performance Stats: Data Shows Cloud Storage Performance Varies Significantly by Region, With No Single Provider Dominant Across Geographies

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. today released its Q1 2026 Performance Stats report, the second installment in its quarterly cloud storage performance testing series.

7 days ago - Business Wire

Backblaze Storage Pod Enters the Historical Record: Computer History Museum Adds Original Storage Pod to Permanent Collection

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced that one of its original Storage Pod 1.0 chassis will be...

8 days ago - Business Wire

Backblaze Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE) today announced that on March 24, 2026, it granted an equity inducement award to Rhett Dillingham, the Company's Senior Vice President of...

9 days ago - Business Wire

Backblaze's Laquie T.N. Campbell to Moderate SMPTE Panel on the Future of Live Sports Systems at NAB Show 2026

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced that Laquie T.N. Campbell, Senior Produ...

13 days ago - Business Wire

Backblaze Partners with StorageReview to Make Record 314 Trillion Digits of Pi Widely Available

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced a partnership with StorageReview to mak...

27 days ago - Business Wire

Backblaze Introduces Advanced Installer and Command Line Interface to Give IT Teams Greater Control Over Endpoint Backup

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Backup--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional backup providers, today announced two n...

5 weeks ago - Business Wire

Backblaze to Present at the Citizens Technology Conference

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced participation in the following investor conference: Citi...

6 weeks ago - Business Wire

Backblaze Appoints Rhett Dillingham Senior Vice President of Product

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced the appointment of Rhett Dillingham as ...

6 weeks ago - Business Wire

Backblaze Announces Fourth Quarter and Full Year 2025 Financial Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced results for its fourth quarter ended December 31, 2025. ...

6 weeks ago - Business Wire

Backblaze Launches B2 Neo to Power Surging Neocloud Market; Multiple Major Platforms Already Signed On

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #B2Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced B2 Neo, a purpose-built offering for ...

6 weeks ago - Business Wire

Backblaze Flamethrower Startup Program Launches to Help Founders Build Faster Without Infrastructure Surprises

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Backblaze--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced the launch of Backblaze Flamethrowe...

7 weeks ago - Business Wire

Backblaze Publishes 2025 Drive Stats Report: 13 Years of Data Show a Growing, Healthier Drive Fleet

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #AI--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today published its 2025 Year-End Drive Stats report. The ...

2 months ago - Business Wire

Backblaze To Showcase Scalable AI Storage Architecture at DeveloperWeek 2026

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #AIWeek2026--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced its participation in DeveloperWeek...

2 months ago - Business Wire

Backblaze Achieves Best Estimated ROI, Best Support, Highest User Adoption, Easiest To Use, and Momentum Leader Awards in G2's Winter 2026 Report

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced that it was recognized as a Leader in G...

2 months ago - Business Wire

Backblaze to Announce Fourth Quarter and Full Year 2025 Results on February 23, 2026

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, will report financial results for its fourth quarter and full year endin...

2 months ago - Business Wire

Backblaze Publishes Q4 2025 Network Stats: Data Reveals the Rising Dominance of Neoclouds and AI Workflows

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Announcement--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today released its Q4 2025 Network Stats report,...

2 months ago - Business Wire

Backblaze Named Finalist in Most Innovative Data Storage Solution of SiliconANGLE Media's 2026 Tech Innovation CUBEd Awards

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #AwardFinalist--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced that it has been named a finali...

2 months ago - Business Wire

Backblaze Appoints Dan Spraggins as Senior Vice President of Engineering

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq:BLZE), the high-performance cloud storage platform for the AI era, today announced the appointment of Dan Spraggins as Seni...

3 months ago - Business Wire

INSERTING and REPLACING Backblaze to Present Strategy for Future-Proofing AI Initiatives at Gartner® IT Infrastructure, Operations, & Cloud Strategies Conference 2025

SAN MATEO, Calif.--(BUSINESS WIRE)--Insert after "Meet with Backblaze at Gartner IOCS" paragraph of release issued Dec. 2, 2025, at 1:01 p.m. PT/4:01 p.m. ET: About the Gartner IT Infrastructure, Oper...

4 months ago - Business Wire

Backblaze to Attend 2025 Sports Video Group Summit; Joins Expert Panel on Cloud Economic Transparency for AI Workflows

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced that Laquie TN Campbell, Senior Product...

4 months ago - Business Wire

Backblaze to Present Strategy for Future-Proofing AI Initiatives at Gartner IT Infrastructure, Operations, & Cloud Strategies Conference 2025

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced that Patrick Thomas, head of go-to-mark...

4 months ago - Business Wire

Backblaze B2 Cloud Storage Partners with Shareio's Creator Monetization Platform

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Backblaze--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced its B2 Cloud Storage platform's str...

5 months ago - Business Wire

Backblaze Publishes First Performance Stats Report: Transparent Cloud Storage Benchmarking

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #B2CloudStorage--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today released its inaugural Performance Stats...

5 months ago - Business Wire

Backblaze Q3 2025 Drive Stats: Rethinking Failure, Celebrating High-Capacity Drive Strength

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #BackblazeDriveStats--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today released its Q3 2025 Drive Stats re...

5 months ago - Business Wire