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BLZE

Backblaze, Inc. (NASDAQ)

Technology — Software - Infrastructure

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.

Strong Buy 1.5 / 5 7 analysts
$16.36
+$0.50 (+3.15%)
Target: $13.70 (-16.3%)
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Price History

52-Week Range

Fundamentals

Market Cap$981.84M
P/E Ratio (TTM)-
Forward P/E106.08
EPS (TTM)$-0.39
Dividend Yield-
Profit Margin-14.97%
Revenue Growth11.70%
ROE-27.63%
Debt/Equity73.67
Recommendation Strong Buy 1.5
Analyst Target$13.70
Analysts7
Indexes NASDAQ

Technical Indicators

RSI (14)98.2
Beta1.72
SMA 20-
SMA 40-
52-Week High$16.59
52-Week Low$3.26
50-Day Avg$7.94
200-Day Avg$6.30
Avg Volume$3.05M
Volume$2.85M

Performance Analysis

BEARISH

BLZE is flashing more cautionary signals — investors should monitor closely.

- Trading near its 52-week high ($16.59), which may indicate limited upside.
- RSI at 98.2 indicates overbought conditions — a pullback may be due.
+ Price is above both the 50-day and 200-day moving averages — strong uptrend.
~ Modest revenue growth of 11.7% year-over-year.
- Operating at a loss with -15.0% margin.
+ Wall Street consensus is "Strong Buy" from 7 analysts.
- Average analyst target of $13.70 implies 16.3% downside.

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Last updated: Jul 02, 2026 13:00 UTC

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