Backblaze, Inc. (BLZE)
Market Cap | 403.41M |
Revenue (ttm) | 137.29M |
Net Income (ttm) | -43.55M |
Shares Out | 56.50M |
EPS (ttm) | -0.86 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,964,018 |
Open | 6.40 |
Previous Close | 6.68 |
Day's Range | 6.30 - 7.20 |
52-Week Range | 3.94 - 8.08 |
Beta | 1.13 |
Analysts | Strong Buy |
Price Target | 10.21 (+42.72%) |
Earnings Date | Aug 7, 2025 |
About BLZE
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. In addition, the company offers cloud storage solutions for a range of cases, such as public, hybrid, and multi-cloud d... [Read more]
Financial Performance
In 2024, Backblaze's revenue was $127.63 million, an increase of 25.10% compared to the previous year's $102.02 million. Losses were -$48.53 million, -18.73% less than in 2023.
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for BLZE stock is "Strong Buy." The 12-month stock price target is $10.21, which is an increase of 42.72% from the latest price.
News

Backblaze, Inc. (BLZE) Q2 2025 Earnings Call Transcript
Backblaze, Inc. (NASDAQ:BLZE) Q2 2025 Earnings Call August 7, 2025 8:00 AM ET Company Participants Gleb Budman - Co-Founder, CEO & Chairman Marc Suidan - Chief Financial Officer Mimi Kong - Corporate...

Driving AI Success: Backblaze Outlines Object Storage Strategies at Ai4 2025
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Ai--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced that Jeroni...

CORRECTING and REPLACING Backblaze Announces Strong Second Quarter 2025 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Third bullet under Recent Business Highlights should read: Up-Market Momentum: Customers contributing over $50,000 in ARR grew 30% year over year in Q2. (instead of...

Backblaze Announces $10 Million Share Repurchase Program
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced that its Board of Directo...

Backblaze Announces Strong Second Quarter 2025 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, today announced results for its second q...

Backblaze to Sponsor Ai4 2025 Conference Showcasing New B2 Overdrive Storage for AI and HPC Workflows
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, continues their push to ...

Backblaze Continues Growth But Operating Losses Weigh
Backblaze's B2 Cloud Storage growth and AI demand are promising, but heavy operating losses persist, justifying my continued Sell rating. Despite revenue growth and improved margins, the company remai...

Backblaze Advances Key Enterprise Security Features in Latest Platform Update
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #AI--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced a suite of ...

Backblaze Launches Legal Hold to Support Data Loss Prevention and Litigation Readiness for Businesses
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Backup--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional backup providers, today introduced Lega...

Backblaze Fuels Open Cloud Revolution with Data Region Expansion, Doubling Down on High-Performance Storage for AI, High Performance Compute (HPC), and Media Workflows
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Ai--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced a significa...

Backblaze to Announce Second Quarter 2025 Results on August 7, 2025
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, will report financial results for its sec...

Enterprise Strategy Group Analysis Shows Up to 3.2x Lower Total Cost of Ownership (TCO) with Backblaze B2 Cloud Storage
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Affordability--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced ...

Backblaze Helps Media Post-Production Leader IDC LA Slash Cloud Storage Costs 75% While Accelerating Client Delivery
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #ActiveArchive--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced ...

Backblaze Further Strengthens Financial Position With New Credit Facility
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the successful closing of...

Backblaze to Share Developer Community Insights at AI DevSummit 2025
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced it will ...

Backblaze Publishes Q1 2025 Drive Stats Report Highlighting Hard Drive Reliability Trends
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #BigData--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, last week published it...

Backblaze Launches Enterprise Web Console and New Access Controls for Scalable, Zero-Trust Cloud Storage Management
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced a privat...

Backblaze: Perfect Small-Cap Value Play As AI Drives New Bookings
Small-cap stocks like Backblaze offer compelling value as valuation discounts versus large-caps have widened, despite strong fundamentals. Backblaze continues to deliver double-digit revenue growth, w...

Backblaze to Participate in Fireside Chat at the 20th Annual Needham Technology, Media, & Consumer Conference
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced participation in the foll...

Backblaze, Inc. (BLZE) Q1 2025 Earnings Call Transcript
Backblaze, Inc. (NASDAQ:BLZE) Q1 2025 Earnings Call May 7, 2025 5:00 PM ET Company Participants Mimi Kong - Head, Investor Relations Gleb Budman - Co-Founder, Chief Executive Officer and Chairperson ...

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Backblaze, Inc. (BLZE) And Encourages Shareholders to Reach Out
NEW YORK, NY / ACCESS Newswire / May 9, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Backblaze, Inc. ("Backblaze" or "the Company") (NASDAQ:BL...

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Backblaze, Inc. (BLZE) and Encourages Shareholders to Learn More About the Investigation
NEW YORK, NY / ACCESS Newswire / May 8, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Backblaze, Inc. ("Backblaze" or "the Company") (NASDAQ:BL...

Backblaze Announces Strong First Quarter 2025 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, today announced results for its first qu...

Backblaze, Inc. (BLZE) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation
NEW YORK, NY / ACCESS Newswire / May 7, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Backblaze, Inc. ("Backblaze" or "the Company") (NASDAQ:BL...

Bronstein, Gewirtz & Grossman, LLC Encourages Backblaze, Inc. (BLZE) Shareholders to Inquire about Securities Investigation
NEW YORK, NY / ACCESS Newswire / May 6, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Backblaze, Inc. ("Backblaze" or "the Company") (NASDAQ:BL...