# Backblaze, Inc. (BLZE)

> Source: Nexqual · https://nexqual.com/BLZE · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Backblaze, Inc. (BLZE), nexqual.com/BLZE" · informational, not investment advice.

**Price:** USD 9.91 (+1.90% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 9.73 · day 9.18–9.94 · 52w 3.26–23.99 · market cap $613M · NGM

## Key facts
- 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)
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
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)
|  | 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) |

## Peers (Software - Infrastructure)
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%

## More
Full page: https://nexqual.com/BLZE · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt