We are live on ! Find out more

Backblaze

BLZE

Market cap $804M

12.99 USD

+0.15

1.17%

At close Updated Sep 15, 4:00 PM EDT

Pre-market

After hours

12.74

-0.25

1.92%

1 day

1.17%

5 days

-6.95%

1 month

-33.01%

3 months

60.17%

6 months

256.87%

Year to date

174.05%

1 year

32.82%

5 years

-34.72%

10 years

-34.72%

About: Backblaze Inc offers a cloud storage platform designed to help businesses and consumers store, use, and protect their data. The company delivers its services through the Backblaze Storage Cloud platform, a purpose-built, web-scale software architecture operating on commodity hardware. Backblaze's offerings include B2 Cloud Storage, an Infrastructure-as-a-Service (IaaS) solution, and Computer Backup, a Software-as-a-Service (SaaS) solution. Its customer base includes individuals, developers, MSPs, small and medium-sized businesses, and large enterprises across industries, academic institutions, government agencies, and other enterprises. Geographically, the company generates maximum revenue from its business in the United States, followed by the United Kingdom, Canada, and other markets.

Employees: 320

Technology Software - Infrastructure

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 29.6%

Neutral 70.4%

Negative 0%

Backblaze: AI Contracts Strengthen The Growth, But Margins Face A Temporary Hit

Backblaze earns a Buy rating with a $16 price target, reflecting strong B2 Cloud Storage growth and new AI contracts like CoreWeave. B2 revenue grew 34% in Q2, with core growth around 26% excluding price increases; future revenue visibility improves with large enterprise contracts. Gross margins face near-term pressure as infrastructure investments precede revenue recognition, causing negative free cash flow for several quarters.

Backblaze: AI Contracts Strengthen The Growth, But Margins Face A Temporary Hit

Backblaze to Present at AI Infra Summit 2026: Architecting the AI Data Plane

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, will exhibit and present as a sponsor at AI Infra Summit 2026, Sept. 15–17 at the Santa Clara Convention Center. AI infrastructure teams are facing an existential challenge as their datasets outgrow what premium flash can affordably hold. Backblaze AI workflow expert Kamren Mahaney will explain a framework for architecting the AI data plane to achieve strong storage economics whil.

Backblaze to Present at AI Infra Summit 2026: Architecting the AI Data Plane

Backblaze, Inc. (BLZE) Analyst/Investor Day Transcript

Backblaze, Inc. (BLZE) Analyst/Investor Day Transcript

Backblaze, Inc. (BLZE) Analyst/Investor Day Transcript

Backblaze and WEKA Simplify Data Management Across the AI Lifecycle

SAN FRANCISCO & CAMPBELL, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, and WEKA, the AI data and memory infrastructure company, today announced a collaboration designed to simplify how AI teams manage data across the AI lifecycle. As AI teams generate enormous volumes of data across ingestion, training, checkpointing, inference, and downstream workflows, the solution gives customers a validated way to keep performance-sensitive wor.

Backblaze and WEKA Simplify Data Management Across the AI Lifecycle

Backblaze: The Backup Drag Is Fading

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.

Backblaze: The Backup Drag Is Fading

Backblaze Announces Pricing of Upsized $175 Million Convertible Senior Notes Offering

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced the pricing of $175 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 (the “Notes”) in a private offering (the “Offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased from the previously announced offering of.

Backblaze Announces Pricing of Upsized $175 Million Convertible Senior Notes Offering

Backblaze Announces Proposed Private Offering of $150 Million of Convertible Senior Notes

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced that it intends to offer, subject to market and other conditions, $150 million aggregate principal amount of Convertible Senior Notes due 2031 (the "Notes") in a private offering (the "Offering") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Backblaze also expects to grant the.

Backblaze Announces Proposed Private Offering of $150 Million of Convertible Senior Notes

Zacks Investment Research

BLZE Q2 Earnings Call Focuses on CoreWeave and AI Storage

Backblaze's Q2 beat and higher 2026 outlook highlight AI storage growth, with the $335M CoreWeave deal adding multi-year visibility.

BLZE Q2 Earnings Call Focuses on CoreWeave and AI Storage

Backblaze: Neoclouds And CoreWeave Have Rewritten Its Growth Trajectory

Backblaze (BLZE) has surged ~4x YTD, driven by AI infrastructure demand and a transformative multi-year CoreWeave deal. BLZE's Q2 results were strong, with the stock jumping ~25% post-earnings on accelerating revenue and optimism for the contribution from CoreWeave. Backblaze's backlog has quintupled, thanks entirely to CoreWeave.

Backblaze: Neoclouds And CoreWeave Have Rewritten Its Growth Trajectory

The Motley Fool

Why Backblaze Stock Jumped Today

Backblaze is winning new customers and earning more business from existing clients. AI is boosting demand for the company's highly scalable storage solutions.

Why Backblaze Stock Jumped Today

See News Rankings

Price charts implemented using Lightweight Charts™