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BLZE logo

Backblaze, Inc. Stock Price

NasdaqGM:BLZE Community·US$767.6m Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 23 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

BLZE Share Price Performance

US$12.40
2.62 (26.79%)
​
US$22.83
Fair Value
US$12.40
2.62 (26.79%)
45.7% undervalued intrinsic discount
US$22.83
Fair Value
Price US$12.40
AnalystConsensusTarget US$22.83
AnalystLowTarget US$21.00
AnalystHighTarget US$15.90
Wed, 19 Aug 26
Fair ValueUS$22.83
Share Pricen/a

BLZE Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$22.83 45.7% undervalued intrinsic discount

Emerging AI Workloads Will Drive New Data Opportunities

0users have liked this narrative
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10users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget's
Fair Value
·
Fair Value US$21 41.0% undervalued intrinsic discount

Concentrated AI Markets Will Squeeze Margins But Enable Resilience

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value US$15.9 22.0% undervalued intrinsic discount

Exponential Data And AI Will Reinforce Global Cloud Dominance

0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
BLZE logo
Backblaze
45.7% undervalued intrinsic discount

Emerging AI Workloads Will Drive New Data Opportunities

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 19 Aug
Read Narrative
BLZE logo
Backblaze
41.0% undervalued intrinsic discount

Concentrated AI Markets Will Squeeze Margins But Enable Resilience

View narrative
AN
AnalystLowTarget
AnalystLowTarget
Updated 5 Aug
Read Narrative
BLZE logo
Backblaze
22.0% undervalued intrinsic discount

Exponential Data And AI Will Reinforce Global Cloud Dominance

View narrative
AN
AnalystHighTarget
AnalystHighTarget
Published 9 Aug 2025
Read Narrative

Trending Discussion

No trending discussion available.

Recently Updated Narratives

AN
AnalystConsensusTarget
BLZE logo

BLZE: CoreWeave AI Storage Agreement Will Drive Future Upside Potential

Fair Value: US$22.83 45.7% undervalued intrinsic discount
10 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystLowTarget
BLZE logo

BLZE: CoreWeave AI Storage Ramp May Support Fair Value But Raise Concentration Risk

Fair Value: US$21 41.0% undervalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
BLZE logo

Exponential Data And AI Will Reinforce Global Cloud Dominance

Fair Value: US$15.9 22.0% undervalued intrinsic discount
1 fair value setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Excellent balance sheet with slight risk.

4 Risks
2 Rewards
View Full Analysis

Backblaze, Inc. Key Details

US$156.3m

Revenue

US$58.9m

Cost of Revenue

US$97.4m

Gross Profit

US$117.8m

Other Expenses

-US$20.4m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
-0.33
62.29%
-13.07%
0%
View Full Analysis

About BLZE

Founded
2007
Employees
320
CEO
Gleb Budman
WebsiteView website
www.backblaze.com

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. It has a collaboration with WEKA to simplify how AI teams manage data across the AI lifecycle. Backblaze, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

Recent BLZE News & Updates

Seeking Alpha • Aug 25

Backblaze: The Backup Drag Is Fading

Summary Backblaze is accelerating top line growth, driven by its B2 Cloud Storage segment, now 62% of revenue after 34% YoY growth in Q2'26. AI model training and robotics foundational models are fueling sustained demand for BLZE's cost-effective storage, with broad-based customer growth and increased spending. The CoreWeave contract, worth $313M net over five years, is set to ramp significantly by mid-2027, providing substantial incremental revenue. I believe Wall Street is underestimating BLZE's FY'27 revenue, with upward revisions likely and the recent pullback offering an attractive entry point. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 19

BLZE: CoreWeave AI Storage Agreement Will Drive Future Upside Potential

Backblaze's updated analyst price target has moved sharply higher into a $21 to $25 range, with analysts pointing to stronger fair value assumptions and higher revenue growth expectations supported by Q2 performance, the CoreWeave deal, and growing AI infrastructure demand. Analyst Commentary Recent Street research around Backblaze centers on how the CoreWeave agreement and growing AI storage demand could influence the company's growth profile, execution risk, and valuation over the next several years.

Recent updates

No updates

Backblaze, Inc. Competitors

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