Backblaze, Inc. BLZE

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8.38 USD +0.98 (+13.24%)

At closeNov 3, 2026, 7:58 PM EST

8.08 -0.30 -3.58%

After hours · Nov 3, 7:58 PM ET

7.65 Day range 9.67
3.26 52-week range 23.99
YTD
+79.83%
1 year
-19.50%
Market cap
518.72M
Revenue (ttm)
156.30M
Profit margin
-13.07%
EPS (ttm)
-0.41
Shares out
61.90M
Forward P/E
57.59
YTD return
+79.83%
1-year return
-19.50%
Volume
11.88M
Avg volume
2.49M
Open
9.67
Previous close
7.40
Day's range
7.65 – 9.67
52-week range
3.26 – 23.99
Beta
1.57
Analysts
Buy
Price target
22.83 (+172.5%)
Earnings date
Nov 5, 2026

2Y +1.06 (+14.48%)

5101520Jan 25Jun 25Nov 25Mar 26Aug 268.38

Key statistics

Enterprise value
1.08B
PEG ratio
0.00
Price / sales
6.43
Price / book
11.33
Dividend yield
0.00%
Payout ratio
0.00%
Revenue growth
17.70%
Free cash flow
33.52M
Total cash
49.88M
Total debt
82.44M
Return on equity
-24.29%
Short % of float
4.53%
50-day average
14.26
200-day average
7.34

Financials — quick view

All financials
BLZE Revenue — quarterly 42.71M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
BLZE Net income — quarterly -5.09M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
BLZE EPS — quarterly -0.08
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

BLZE recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 5, 2026Sep 30, 20260.05———
Aug 3, 2026Jun 30, 20260.017140.08+0.06+366.74%
May 4, 2026Mar 31, 20260.017140.04+0.02+133.37%
Feb 23, 2026Dec 31, 20250.010.06+0.05+500.00%
Nov 6, 2025Sep 30, 2025-0.010.03+0.04+400.00%
Aug 7, 2025Jun 30, 2025-0.050.01+0.06+120.00%

Upgrades / downgrades

BLZE analyst upgrades and downgrades
DateFirmActionFromTo
Aug 4, 2026OppenheimermainOutperformOutperform
Aug 4, 2026B. Riley SecuritiesmainBuyBuy
Aug 4, 2026CitizensmainMarket OutperformMarket Outperform
Aug 4, 2026NeedhammainBuyBuy
Jul 23, 2026CitizensmainMarket OutperformMarket Outperform
Jun 24, 2026Lake StreetmainBuyBuy

About Backblaze, Inc.

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, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; and Internet of Things. Further, it provides computer backup that automatically backs up data from laptops and desktops for businesses and individuals, which offers a subscription-based software-as-a-service and serves use cases, including MAC and PC backup; ransomware protection; theft and loss recovery; data archiving; organization and managed service provider level management; and remote access. The company serves individuals, developers, MSPS, small and medium-sized businesses, and large enterprises across industries, including media, AI innovators, creative agencies, academic institutions, government agencies, research institutes, and gaming companies. Backblaze, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

Sector
Technology
Industry
Software - Infrastructure
Country
United States

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Insider holders

BLZE insider holders
InsiderRelationLatest transactionDateShares held
BUDMAN GLEBChief Executive OfficerStock Award(Grant)Mar 31, 20262,251,050
CARTER-MILLER JOCELYN E. CPADirectorStock Award(Grant)May 25, 2026122,862
CESSNA TINAOfficerStock Award(Grant)Mar 4, 2025198,062
D'AN EVELYNDirectorStock Award(Grant)May 25, 2026118,307
FRY EARL EDirectorStock Award(Grant)May 25, 2026118,307
NELSON BARBARA HDirectorStock Award(Grant)May 25, 2026106,862

Institution ownership

BLZE institution ownership
Holder% heldSharesValueReported
Blackrock Inc.7.63%4,722,48376.69MJun 29, 2026
Driehaus Capital Management, LLC4.34%2,688,04443.65MJun 29, 2026
Vanguard Capital Management LLC4.06%2,514,63940.84MJun 29, 2026
Acadian Asset Management. LLC2.89%1,786,40229.01MJun 29, 2026
Geode Capital Management, LLC2.46%1,525,09724.77MJun 29, 2026
AWM Investment Company, Inc.2.26%1,400,16622.74MJun 29, 2026

Fund ownership

BLZE fund ownership
Holder% heldSharesValueReported
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund2.65%1,640,45526.64MMar 30, 2026
iShares Trust-iShares Russell 2000 ETF2.51%1,551,50925.20MJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund1.05%650,58810.57MMar 30, 2026
Fidelity Salem Street Trust-Fidelity Small Cap Index Fund0.91%566,1929.19MMay 30, 2026
iShares Trust-iShares Russell 2000 Growth ETF0.89%548,7368.91MJun 29, 2026
VANGUARD VARIABLE INSURANCE FUNDS-Small Company Growth Portfolio0.51%316,4435.14MMar 30, 2026