Is Backblaze, Inc. (BLZE) a Buy, Sell, or Hold?
NASDAQ : BLZE
Backblaze, Inc.
$13.22 USD
-$0.51 (-3.71%)
- Volume
- 3.14M
- Average Volume
- 3.31M
- Market Capitalization
- $793.39M
- P/E Ratio
- -33.90
- Dividend Yield
- 0.00%
- Price Target
- $14.00
- Year High
- $18.25
- Year Low
- $3.26
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $1.05
Company Overview
NASDAQ
Gleb Budman
Software - Infrastructure
Technology
BLZE
320
US
USD
Liquidity Metrics
0.74
1.05
1.05
0.44
0.00
Sales & Valuation
$145.84M
5.29
9.26
58.77
0.23
Profitability
-$0.46
-$25.61M
-14.97%
-14.95%
-27.17%
-11.64%
P/E Metrics
-33.90
-0.30
-0.30
Analyst Price Target & Rating
$14.00
$16.00
$8.00
1/5
9 Analysts
-5.57%
Poll Results
About Backblaze, Inc. (NASDAQ:BLZE) Stock
Backblaze, Inc. functions as a cloud storage provider, delivering comprehensive online services for businesses and individual consumers to securely store, manage, and access their data globally. The company's cloud solutions are underpinned by a highly scalable software infrastructure built upon cost-effective, commercial-grade hardware. One of its flagship offerings is Backblaze B2 Cloud Storage, a versatile service empowering clients to store data, developers to construct applications, and partners to enhance their service portfolios. This consumption-based Infrastructure-as-a-Service (IaaS) supports a range of functionalities, including data backups, multi-cloud environments, application development, and robust ransomware defense. Furthermore, Backblaze offers Computer Backup, an automa ... ted subscription-based Software-as-a-Service (SaaS) that safeguards data on laptops and desktops for both corporate and personal use. This service facilitates routine computer backups, offers protection against ransomware, mitigates risks from theft and loss, and provides remote access capabilities. Backblaze primarily serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was founded in 2007 and is headquartered in San Mateo, California.
2026-07-15 17:58:10
Backblaze, Inc. (BLZE) Discusses Hard Drive Failure Rates and Deployment Trends in Latest Device Metrics Analysis Transcript
Backblaze Tops 340,000 Drives as AI Fuels Rising Storage Demand
2026-07-15 16:02:32
Backblaze NASDAQ: BLZE reported that its hard drive fleet exceeded 340,000 drives in the first quarter of 2026, with about 1,000 drive failures recorded during the period, according to a company webinar discussing its latest Drive Stats report.
Backblaze to Announce Second Quarter 2026 Results on August 3, 2026
2026-07-13 16:31:00
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, will report financial results for its second quarter ending June 30, 2026 on Monday, August 3, 2026 after market close. Following the release of results, Backblaze will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) on August 3, 2026 to discuss the results. Attend the webcast: https://events.q4inc.com/attendee/704175018 Register to listen by phone: https.
Backblaze Publishes Q1 2026 Drive Stats: Reliability Improves as 92% of New Deployments Exceed 20TB
2026-07-09 09:00:00
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today published its Q1 2026 Drive Stats report. In this new report, Backblaze notes that 92% of newly deployed hard drives now exceed 20TB to support increasingly data-intensive AI workloads. Now in its thirteenth year, Drive Stats analyzes more than 341,000 production hard drives across Backblaze's global storage cloud, providing the industry's largest publicly availa.
Backblaze Brings AI Data Storage Expertise to RAISE Summit
2026-07-07 09:00:00
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced its participation as a sponsor of RAISE Summit 2026 taking place July 8–9, 2026, at Le Carrousel du Louvre in Paris, France. Backblaze will confront the next AI infrastructure bottleneck: where data lives, how fast it moves, and what it costs to access. As AI-native enterprises and neocloud operators race to build sovereign, AI-ready infrastructure, Backblaze.
Backblaze: Wall Street Is Waking Up To The Backup Company It Once Left Behind
2026-06-26 10:31:08
Backblaze (BLZE) is transforming from a legacy backup provider into a critical AI infrastructure player, highlighted by a $335M CoreWeave deal. B2 Cloud Storage, offering low-cost, egress-free object storage, is driving growth and margin expansion as AI workloads demand multi-cloud flexibility. Operating leverage is accelerating: revenue grew 12% while adjusted EBITDA surged 60%, with margin gains from scale, depreciation changes, and cost discipline.
Backblaze (BLZE) Soars 43.6%: Is Further Upside Left in the Stock?
2026-06-24 11:31:03
Backblaze (BLZE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Backblaze jumps 30% on $335M CoreWeave AI storage deal
2026-06-23 12:29:35
Backblaze shares BLZE surged in trading on Tuesday after the company announced a $335 million, five-year storage agreement with AI-focused cloud provider CoreWeave. The deal underscores rising demand for large-scale data infrastructure tied to artificial intelligence workloads.
Frequently Asked Questions
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What is the current Backblaze, Inc. (BLZE) stock price?
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Backblaze, Inc.(NASDAQ:BLZE) stock price is $13.22 in the last trading session. During the trading session, BLZE stock reached the peak price of $18.249 while $3.261 was the lowest point it dropped to. The percentage change in BLZE stock occurred in the recent session was --3.71% while the dollar amount for the price change in BLZE stock was -$0.51.
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BLZE's industry and sector of operation?
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The NASDAQ listed BLZE is part of Software - Infrastructure industry that operates in the broader Technology sector.
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Who are the executives of BLZE?
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Dan Spraggins | Chief Technology Officer
Marc Suidan | Chief Financial Officer
Hang Ng Kwok | Co-Founder
Tim Nufire | Co-Founder
Brian Wilson | Co-Founder -
How many employees does BLZE have?
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Number of BLZE employees currently stands at 320. BLZE operates from 2261 Market Street, San Mateo, CA 94401, US.
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Link for BLZE official website?
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Official Website of BLZE is: https://www.backblaze.com
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How do I contact BLZE?
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BLZE could be contacted at phone #650 352 3738 and can also be accessed through its website. BLZE operates from 2261 Market Street, San Mateo, CA 94401, US.
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How many shares of BLZE are traded daily?
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The average number of BLZE shares traded daily for last 3 months was 3.31M.
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What is the market cap of BLZE currently?
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The market value of BLZE currently stands at $793.39M with its latest stock price at $13.22