Backblaze, Inc.

Backblaze, Inc.

BLZEยทNASDAQ

$7.95

-11%
TechnologySoftware - Infrastructure

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 backups, multi-cloud, application development, and ransomware protection. 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.

At a Glance

Live Snapshot
Market Cap$477.12M
EPS-0.4600
P/E Ratio-17.28
Earnings Date08/06/2026
blze

Backblaze, Inc. Street Expectations Map

BLZE ยท NASDAQ

Wall Street analysts project that BLZE stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 8.10, with estimates ranging from a low of 4.50 to a high of 11.00.

Lowest Target
4.50
-43.40%
Consensus Target
8.10
1.89%
Highest Target
11.00
38.36%

The consensus 1-year price target stands at 8.10, with estimates ranging from a low of 4.50 to a high of 11.00.

Analyst Consensus Analysis

Upside Potential

+1.9%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

80.2% spread

High uncertainty. Very wide target spread indicates significant disagreement among analystsโ€”major valuation uncertainty or transformation underway.

Risk-Reward Profile

0.88x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuationโ€”proceed with caution and independent analysis.

Market Sentiment Insight

Extreme uncertainty: Massive dispersion in price targets reflects fundamental disagreement on business trajectory. This could signal transformation, disruption, or complex valuationโ€”requires deep sector expertise and contrarian mindset.

blze

Backblaze, Inc. Forward Estimates of Revenue

BLZE ยท NASDAQ
Latest Revenue
145.84M
FY 2025
Avg Estimate
161.76M
FY 2026
Estimate Range
154.35M - 168.46M
Analyst Spread

Forward Growth Analysis

Projected Growth+10.9%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread9%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

blze

Backblaze, Inc. Forward Estimates of Net Income

BLZE ยท NASDAQ
Latest Net Income
-25.61M
FY 2025
Avg Estimate
213.80K
FY 2026
Estimate Range
-4.70M - 5.13M
Analyst Spread

Forward Growth Analysis

Projected Growth+100.8%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4601%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

High forecast uncertainty: Wide estimate range indicates analysts struggling to predict outcomesโ€”suggests elevated risk and potential volatility.

blze

Backblaze, Inc. Forward Estimates of EPS

BLZE ยท NASDAQ
Latest EPS
-0.46
FY 2025
Avg Estimate
$0.03
FY 2026
Estimate Range
$-0.11 - $0.12
Analyst Spread

Forward Growth Analysis

Projected Growth+107.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage5 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread662%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

High forecast uncertainty: Wide estimate range indicates analysts struggling to predict outcomesโ€”suggests elevated risk and potential volatility.

blze

Backblaze, Inc. Forward Estimates of EBIT

BLZE ยท NASDAQ
Latest EBIT
-21.66M
FY 2025
Avg Estimate
-57.86M
FY 2026
Estimate Range
-60.26M - -55.21M
Analyst Spread

Forward Growth Analysis

Projected Growth-167.1%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread9%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

blze

Backblaze, Inc. Forward Estimates of EBITDA

BLZE ยท NASDAQ
Latest EBITDA
3.83M
FY 2025
Avg Estimate
-19.51M
FY 2026
Estimate Range
-20.32M - -18.61M
Analyst Spread

Forward Growth Analysis

Projected Growth-609.2%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread9%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

blze

Backblaze, Inc. Forward Estimates of SG&A Expense

BLZE ยท NASDAQ
Latest SG&A Expense
66.31M
FY 2025
Avg Estimate
89.49M
FY 2026
Estimate Range
85.39M - 93.20M
Analyst Spread

Forward Growth Analysis

Projected Growth+35.0%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread9%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

blze

Backblaze, Inc. Insider Positioning

BLZE ยท NASDAQ

During the last 12 months, insiders have sold $411K worth of BLZE shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

53.7K

411.04K

Net Activity

-411K

-$411K

Top Buyers

No buying activity

Top Sellers

1
SM

Suidan Marc

Officer: Chief Financial Officer

26.8K sharesโ€ข1 transactions

$205K

2
BG

Budman Gleb

Director, Officer: Ceo And Chairperson

20.5K sharesโ€ข1 transactions

$157K

3
CT

Cessna Tina

Officer: Senior Vp, Engineering

6.4K sharesโ€ข1 transactions

$49K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $411K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

3 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.