$14.97+0.41 (+2.82%)
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.
Backblaze, Inc. in the Technology sector is trading at $14.97 with a market capitalization of $534M. Wall Street consensus targets $13.70 (7 analysts), implying a -8.5% move over the next 12 months. The stock is currently near its 52-week high of $15.64, remaining 140.3% above its 200-day moving average. On fundamentals, Piotroski 6/9 shows mixed financial quality, Altman Z in the distress zone. The Whystock Score of 75/100 reflects bullish alignment across trend, valuation and analyst targets.
| Metric (USD) | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|
| Total Revenue | $38.67M↑ | $37.76M↑ | $37.16M↑ | $36.30M↑ | $34.61M |
| Gross Profit | $23.53M↑ | $23.43M↑ | $23.07M↑ | $23.04M↑ | $19.26M |
| Operating Income | -$5.35M↓ | -$4.67M↓ | -$3.32M↑ | -$6.72M↑ | -$8.77M |
| Net Income | -$6.15M↓ | -$5.41M↓ | -$3.78M↑ | -$7.10M↑ | -$9.32M |
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 s...
On 23 June 2026, Backblaze, Inc. announced a multi-exabyte, US$335 million agreement to supply cost-efficient HDD-based cloud storage that underpins CoreWeave, Inc.’s AI Object Storage infrastructure across performance tiers. A distinctive aspect of this deal is that CoreWeave customers gain immediate access to new storage tiers without changing any application code, highlighting how deeply Backblaze’s platform is being integrated into AI workflows. Next, we’ll examine how this multi-exabyte...
Backblaze jumped 44% after securing a $335 million deal with CoreWeave tied to AI storage demand.
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.
Citizens has raised its price target on Backblaze to $14 from $8 and kept an ‘Outperform’ rating on the stock, according to TheFly.
Investors showed interest in businesses tied to artificial intelligence infrastructure, advanced biotechnology, and quantum computing.