Backblaze, Inc. (BLZE) Stock Price & Analysis
Backblaze, Inc. (BLZE) closed at USD 9.91 on Thursday, October 15, 2026, up 1.90% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 9.73; the Oct 15, 2026 session ranged USD 9.18–9.94 on volume of 3,274,081 shares. Market capitalization is $613.43M, with a 52-week range of USD 3.26–23.99 (NGM). Source: Nexqual, retrieved October 16, 2026 at 05:20 UTC.
Also available as compact Markdown for AI agents: nexqual.com/BLZE.md
Key facts (BLZE)
- 1 of 80 tracked superinvestors hold BLZE (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 1.86 on a 1–5 scale) (7 analysts), mean target USD 22.83 (range 21–25).
- Total return with dividends: 1Y +4.5% vs S&P 500 +18.1%; 5Y -55.0% vs S&P 500 +85.1%.
- Next earnings: 2026-11-02, EPS estimate USD 0.06, revenue estimate $44.6M.
Superinvestors (SEC 13F-HR, Q2 2026) (BLZE)
1 of 80 tracked investors hold BLZE. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | <0.01% | $210K | New position |
Analysts (BLZE)
Consensus Buy (mean 1.86 on a 1–5 scale), 7 analysts; mean target USD 22.83 (low 21, high 25).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-10 | Needham | Reiterated | Buy | $23 |
| 2026-08-04 | Oppenheimer | Target raised | Outperform | $15 → $25 |
| 2026-08-04 | B. Riley Securities | Target raised | Buy | $16 → $24 |
| 2026-08-04 | Citizens | Target raised | Market Outperform | $16 → $21 |
| 2026-08-04 | Needham | Target raised | Buy | $14 → $23 |
| 2026-07-23 | Citizens | Target raised | Market Outperform | $14 → $16 |
| 2026-06-24 | Lake Street | Target raised | Buy | $11 → $14 |
| 2026-06-24 | B. Riley Securities | Target raised | Buy | $7 → $16 |
| 2026-06-24 | Citizens | Target raised | Market Outperform | $8 → $14 |
| 2026-06-24 | Needham | Target raised | Buy | $8.5 → $14 |
| 2026-06-23 | Craig-Hallum | Upgrade | Hold → Buy | $6.5 → $16 |
Total return (dividends reinvested) (BLZE)
| 1Y (from 2025-10-16) | 5Y (from 2021-11-08) | |
|---|---|---|
| Total return | +4.5% | -55.0% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +4.5% | -14.9% |
| Volatility (annualized) | 103.2% | 82.8% |
| Max drawdown | -69.1% (Oct 2025→Mar 2026) | -87.4% (Nov 2021→Mar 2026) |
Key Statistics (as of October 16, 2026 at 05:20 UTC)
| Price | USD 9.91 |
|---|---|
| Change | ▲ 1.90% (up) |
| Previous Close | USD 9.73 |
| Open | USD 9.21 |
| Day Range | USD 9.18 – 9.94 |
| 52-Week Range | USD 3.26 – 23.99 |
| Volume | 3,274,081 shares |
| Market Cap | $613.43M |
| Exchange | NGM |
Technical Analysis (BLZE)
Nexqual's technical model rates BLZE "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 16, 2026 at 05:20 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 24.14 (oversold) |
| vs SMA50 | Below (USD 14.64) |
| MACD | -0.8 (negative) |
Analyst Ratings (BLZE)
Wall Street analysts rate BLZE "Buy" based on 7 analysts, with a mean price target of USD 22.83 (range USD 21–25), per Nexqual as of October 16, 2026 at 05:20 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 22.83 |
| High Target | USD 25 |
| Low Target | USD 21 |
| Buy / Hold / Sell | 6 / 1 / 0 |
Earnings (BLZE)
| Next Earnings Date | 2026-11-02 |
|---|---|
| EPS Estimate | USD 0.06 |
| Revenue Estimate | $44.59M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.08 vs est 0.02 ▲ beat |
| 2026-03-31 | USD 0.04 vs est 0 ▲ beat |
| 2025-12-31 | USD 0.06 vs est 0.01 ▲ beat |
| 2025-09-30 | USD 0.03 vs est -0.01 ▲ beat |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Financials & Fundamentals (BLZE)
| Total Revenue | $156.30M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +17.70% |
| Gross Margin | +62.29% |
| Operating Margin | -6.68% |
| Profit Margin | -13.07% |
| ROE | -24.29% |
| Debt / Equity | 0.93 |
| Current Ratio | 1 |
| Total Cash | $49.88M |
| Total Debt | $82.44M |
| Free Cash Flow (fiscal year ended Dec 2025, SEC 10-K) | $18.85M (12.9% of revenue) |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Financial Health Score (BLZE)
Nexqual rates Backblaze, Inc.'s overall financial health "Mixed" across five dimensions, as of October 16, 2026 at 05:20 UTC.
| Growth | Solid — Revenue +14% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 62%, operating -7% |
| Balance Sheet | Weak — $50M cash vs $82M debt |
| Cash Flow | Solid — FCF $19M (FY ended Dec 2025, 10-K), 13% margin |
| Efficiency | Critical — ROE -24%, ROA -3.5% |
Ownership (BLZE)
| Insider Ownership | +4.54% |
|---|---|
| Institutional Ownership | +58.43% |
| Shares Outstanding | 61.90M |
| Float | 59.38M |
| Short % of Float | +11.61% |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Leadership (BLZE)
Backblaze, Inc. is led by Gleb Budman (age 51), Co-Founder, CEO & Chairman, per Nexqual as of October 16, 2026 at 05:20 UTC.
| Co-Founder, CEO & Chairman | Gleb Budman (age 51) |
|---|---|
| Chief Financial Officer | Marc Suidan C.P.A. (age 52) |
| Senior Director of Investor Relations & Corporate Development | Mimi Kong |
Major Backers & Investors (BLZE)
Notable institutional backers of Backblaze, Inc. include Driehaus Capital Management, LLC, Acadian Asset Management. LLC, AWM Investment Company, Inc., according to Nexqual as of October 16, 2026 at 05:20 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Driehaus Capital Management, LLC | 4.34% |
| Acadian Asset Management. LLC | 2.89% |
| AWM Investment Company, Inc. | 2.26% |
| Fidelity | 2.19% |
| Pillsbury Lake Capital LLC | 2.16% |
| Connor Clark & Lunn Investment Management Ltd | 1.87% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 10.98% |
| Vanguard Group | 8.49% |
| Geode Capital | 2.46% |
| State Street | 1.97% |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| PAY | Paymentus Holdings, Inc. | USD 32.13 | ▲ 0.82% |
| TENB | Tenable Holdings, Inc. | USD 39.32 | ▼ 4.77% |
| DLO | DLocal Limited | USD 15.1 | ▲ 0.53% |
| CORZ | Core Scientific, Inc. | USD 14.46 | ▼ 6.32% |
| BLSH | Bullish | USD 31.87 | ▲ 0.31% |
| BB | BlackBerry Limited | USD 8.7 | ▲ 2.72% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 16, 2026 at 05:20 UTC. This page is informational and not investment advice.
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