Backblaze, Inc. (BLZE)

NASDAQ: BLZE · Real-Time Price · USD
7.51
+0.10 (1.35%)
At close: May 19, 2026, 4:00 PM EDT
7.52
+0.01 (0.13%)
After-hours: May 19, 2026, 7:59 PM EDT
Market Cap450.71M +80.9%
Revenue (ttm)149.89M +13.3%
Net Income-22.44M
EPS-0.39
Shares Out 60.01M
PE Ration/a
Forward PE66.81
Dividendn/a
Ex-Dividend Daten/a
Volume1,191,745
Open7.35
Previous Close7.41
Day's Range7.14 - 7.59
52-Week Range3.26 - 10.86
Beta1.41
AnalystsBuy
Price Target9.34 (+24.37%)
Earnings DateMay 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]

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 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.

Price Target
$9.34
(24.37% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

7 days ago - Transcripts

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-...

8 days ago - Business Wire

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...

11 days ago - Business Wire

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…

14 days ago - TheFly

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.

14 days ago - TheFly

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.

15 days ago - Transcripts

Backblaze Earnings release: Q1 2026

Backblaze released its Q1 2026 earnings on May 4, 2026, summarizing the period's financial results.

15 days ago - Filings

Backblaze Quarterly report: Q1 2026

Backblaze has published its Q1 2026 quarterly earnings report on May 4, 2026.

15 days ago - Filings

Backblaze Slides: Q1 2026

Backblaze has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 4, 2026.

15 days ago - Filings

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,…

15 days ago - TheFly

Backblaze sees Q2 revenue $39.8M-$40.2M, consensus $38.11M

Sees Q2 adjusted EBITDA margin 21%-23%.

15 days ago - TheFly

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%.

15 days ago - TheFly

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, ...

15 days ago - Business Wire

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.

15 days ago - Transcripts

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…

21 days ago - TheFly

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...

21 days ago - Business Wire

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...

4 weeks ago - Business Wire

Backblaze Proxy statement: Proxy filing

Backblaze filed a proxy statement on April 15, 2026, providing details for shareholder voting and corporate governance matters.

4 weeks ago - Filings

Backblaze Proxy statement: Proxy filing

Backblaze filed a proxy statement on April 15, 2026, providing details for shareholder voting and corporate governance matters.

4 weeks ago - Filings

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...

5 weeks ago - Business Wire

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…

5 weeks ago - TheFly

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. ...

5 weeks ago - Business Wire

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...

6 weeks 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.

6 weeks 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...

7 weeks ago - Business Wire