Backblaze (BLZE) Stock Price, News & Analysis

Company Overview

Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use 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; repository for analytics, artificial intelligence and machine learning; and Internet of Things. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo, California.

Key Stats

• Today's Range: $15.18 to $16.31
• 50-Day Range: $4.03 to $16.36
• 52-Week Range: $3.26 to $16.59
• Volume: 407,921 shs
• Average Volume: 1.91 million shs
• Market Capitalization: $962.80 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $12.93
• Consensus Rating: Moderate Buy

Backblaze Stock Analysis - MarketRank™

Backblaze scored higher than 35% of companies evaluated by MarketBeat, and ranked 477th out of 624 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Backblaze has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on no strong buy ratings, 8 buy ratings, 1 hold rating, and 1 sell rating.

Downside Risk

Backblaze has a consensus price target of $12.93, representing about 17.2% downside from its current price of $15.62.

Amount of Analyst Coverage

Backblaze has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Backblaze are expected to grow in the coming year, from ($0.37) to ($0.34) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Backblaze is -40.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Backblaze is -40.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Backblaze has a P/B Ratio of 11.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.60% of the float of Backblaze has been sold short.

Short Interest Ratio / Days to Cover

Backblaze has a short interest ratio ("days to cover") of 1.01, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Backblaze has recently decreased by 2.34%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Backblaze does not currently pay a dividend.

Dividend Growth

Backblaze does not have a long track record of dividend growth.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: 0.33

News Sentiment

Backblaze has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Backblaze this week, compared to 4 articles on an average week.

Search Interest

Only 17 people have searched for BLZE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Backblaze to their MarketBeat watchlist in the last 30 days. This is a decrease of -84% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Backblaze insiders have not sold or bought any company stock.

Percentage Held by Insiders

4.20% of the stock of Backblaze is held by insiders.

Percentage Held by Institutions

54.03% of the stock of Backblaze is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 5/04/2026
• Today: 7/06/2026
• Next Earnings (Estimated): 8/06/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:BLZE
• CIK: 1462056
• Web: www.backblaze.com
• Phone: 650-352-3738
• Fax: 650-472-8095
• Employees: 270
• Year Founded: 2007

Price Target and Rating

• Average Price Target for Backblaze: $12.93
• High Price Target: $16.00
• Low Price Target: $8.00
• Potential Upside/Downside: -19.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.70
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.39)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$25.61 million
• Net Margins: -14.97%
• Pretax Margin: -14.95%
• Return on Equity: -20.54%
• Return on Assets: -8.90%

Debt

• Debt-to-Equity Ratio: 0.28
• Current Ratio: 1.05
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $145.84 million
• Price / Sales: 6.60
• Cash Flow: $0.06 per share
• Price / Cash Flow: 265.95
• Book Value: $1.42 per share
• Price / Book: 11.28

Miscellaneous

• Outstanding Shares: 60,100,000
• Free Float: 57,576,000
• Market Cap: $962.80 million
• Optionable: Optionable
• Beta: 1.55