Backblaze, Inc. (BLZE)
| Market Cap | 450.71M +80.9% |
| Revenue (ttm) | 149.89M +13.3% |
| Net Income | -22.44M |
| EPS | -0.39 |
| Shares Out | 60.01M |
| PE Ratio | n/a |
| Forward PE | 66.81 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,191,745 |
| Open | 7.35 |
| Previous Close | 7.41 |
| Day's Range | 7.14 - 7.59 |
| 52-Week Range | 3.26 - 10.86 |
| Beta | 1.41 |
| Analysts | Buy |
| Price Target | 9.34 (+24.37%) |
| Earnings Date | May 4, 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 8 analysts, the average rating for BLZE stock is "Buy." The 12-month stock price target is $9.34, which is an increase of 24.37% from the latest price.
News
Backblaze Transcript: 21st Annual Needham Technology, Media, & Consumer Conference
Cloud storage revenue is accelerating, fueled by AI sector demand and rapid product innovation. Go-to-market transformation and a new CRO are driving larger deals and improved pipeline predictability, while internal AI adoption and strong supply chain management support scalable growth.
Backblaze to Present on Scalable AI Data Pipelines at AI & Big Data Expo North America 2026
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, will exhibit and present at AI & Big Data Expo North America 2026 on May 18-...
Backblaze to Participate in Fireside Chat at the 21st Annual Needham Technology, Media, & Consumer Conference
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced participation in the following investor conference: 21st Ann...
Backblaze price target raised to $11 from $8 at Lake Street
Lake Street raised the firm’s price target on Backblaze (BLZE) to $11 from $8 and keeps a Buy rating on the shares. The 2026 revenue guidance is $5M above the…
Backblaze price target raised to $8.50 from $6 at Needham
Needham raised the firm’s price target on Backblaze (BLZE) to $8.50 from $6 and keeps a Buy rating on the shares.
Backblaze Earnings Call Transcript: Q1 2026
Q1 revenue and EBITDA exceeded guidance, driven by 24% B2 growth and strong AI demand. Full-year guidance was raised, with continued momentum in large deals, improved margins, and a focus on the expanding Neocloud and AI storage markets.
Backblaze Earnings release: Q1 2026
Backblaze released its Q1 2026 earnings on May 4, 2026, summarizing the period's financial results.
Backblaze Quarterly report: Q1 2026
Backblaze has published its Q1 2026 quarterly earnings report on May 4, 2026.
Backblaze Slides: Q1 2026
Backblaze has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 4, 2026.
Backblaze reports Q1 adjusted EPS 4c, consensus 0c
Reports Q1 revenue $38.7M, consensus $37.8M. “In Q1, we exceeded the top end of our revenue and Adjusted EBITDA guidance, with B2 growing 24% year over year,” said Gleb Budman,…
Backblaze sees Q2 revenue $39.8M-$40.2M, consensus $38.11M
Sees Q2 adjusted EBITDA margin 21%-23%.
Backblaze raises FY26 revenue view to $161.5M-$163.5M, consensus $157.53M
Previous view $156.5M-$158.5M. Raises FY26 adjusted EBITDA margin view to 23%-25% from 19%-21%.
Backblaze Announces First Quarter 2026 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced results for its first quarter ended March 31, 2026. "In Q1, ...
Backblaze Transcript: Status update
Network traffic analysis revealed dynamic, high-bandwidth NeoCloud and hyperscaler flows, especially in US East, driving upgrades to 400Gbps+ links. Regional patterns and new geo-data inform expansion, while steady CDN and ISP traffic aid planning.
Backblaze releases Q1 Network Stats report
Backblaze (BLZE) released its Q1 2026 Network Stats report. The second installment in its quarterly series, this report adds more granular geographic heatmaps, offering a rare view into where AI…
Backblaze Publishes Q1 2026 Network Stats: New Geographic Heatmaps Show Rising Compute Demand
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today released its Q1 2026 Network Stats report. The second installment in i...
Backblaze to Announce First Quarter 2026 Results on May 4, 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 first quarter ending March 31, 202...
Backblaze Proxy statement: Proxy filing
Backblaze filed a proxy statement on April 15, 2026, providing details for shareholder voting and corporate governance matters.
Backblaze Proxy statement: Proxy filing
Backblaze filed a proxy statement on April 15, 2026, providing details for shareholder voting and corporate governance matters.
Backblaze Honored On The 2026 CRN® Storage 100 List
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, announced that CRN®, a brand of The Channel Company, has included Backbl...
Backblaze appoints Kumar as Chief Revenue Officer
Backblaze (BLZE) announced the appointment of Anuj Kumar as Chief Revenue Officer. Prior to Backblaze, Kumar served as SVP and General Manager for North America at SUSE, and previously as…
Backblaze Appoints Anuj Kumar as Chief Revenue Officer
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced the appointment of Anuj Kumar as Chief Revenue Officer. ...
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...
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.
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...