NASDAQ:BLZE
Backblaze (BLZE)
Financials 
Technical Analysis 
Aug 13, 2026, 12:00 amThis summary was created by AI, based on 1 opinions in the last 12 months.
Backblaze, represented by the ticker BLZE-Q, has demonstrated notable resilience with a 12% revenue growth last quarter, primarily driven by a thriving cloud storage division that accounts for 57% of its total revenue. Despite facing stagnant performance in its computer backup segment, management remains optimistic about future prospects, particularly with expectations of a shift to positive free cash flow within the year. The company is actively gaining new clients and has anticipated robust full-year earnings, bolstered by the potential for price increases. However, challenges loom on the horizon due to fierce competition from industry giants like Microsoft and Google, rising operational costs, particularly for hard drives, and a market that is increasingly leaning towards AI-driven companies, which may overshadow Backblaze's growth narrative.
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Backblaze (BLZE) Frequently Asked Questions
What is Backblaze stock symbol?
Backblaze is a American stock, trading under the symbol BLZE (previously BLZE-Q on Stockchase) on the NASDAQ (BLZE). It is usually referred to as NASDAQ:BLZE or BLZE
Is Backblaze a buy or a sell?
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on BLZE (previously BLZE-Q on Stockchase). 0 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is DON'T BUY. Read the latest stock experts' ratings for Backblaze.
Is Backblaze a good investment or a top pick?
Backblaze was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Backblaze.
Why is Backblaze stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Backblaze.
Is Backblaze worth watching?
Backblaze is covered by Stockchase experts and is worth watching.
What is Backblaze stock price?
On 2026-08-13, Backblaze (BLZE) stock closed at a price of $20.43.
Last quarter: 12% revenue growth, 25% cloud storage division, but flat was the computer backup division. Cloud storage is now 57% of all revenues and growing. It's still losing money, but the net loss in Q1 was slightly less than expected and free cash flow was negative, but management expects it to be positive for the year. They're winning lots of new business. Their full-year forecast is strong, because they can raise prices. In Q1, earnings in AI saw 76% growth year over year. Fantastic. Caveats: They face serious competition from Microsoft, Google and others in cloud. Also, their costs are going up by 30%, like hard drives. Also, the market is selling anything AI to buy SpaceX and AI IPOs to come. Their valuation is neither cheap or expensive. Bottom line: it lacks the explosive growth of the AI names, though it's a solid company.