Backblaze, Inc. ( BLZE ) Q3 2025 Earnings Call November 6, 2025 8:00 AM EST Company Participants Mimi Kong - Senior Director of Investor Relations & Corporate Development Gleb Budman - Co-Founder, CEO & Chairman Marc Suidan - Chief Financial Officer Conference Call Participants Jeff Van Rhee - Craig-Hallum Capital Group LLC, Research Division Eric Martinuzzi - Lake Street Capital Markets, LLC, Research Division Simon Leopold - CGS International Simon Leopold - Raymond James & Associates, Inc., Research Division Zach Cummins - B. Riley Securities, Inc., Research Division Jeff Hopson Rustam Kanga - Citizens JMP Securities, LLC, Research Division Presentation Operator Hello, and thank you for standing by.
B2 Cloud growth, AI traction and enterprise tools keep BLZE in focus as it heads into Q3 earnings with steady momentum.
As BLZE pivots to enterprise storage, SNOW's scale and AI focus cement its lead in the booming cloud data market.
Backblaze bets on AI and rising data volumes to power its next growth leg amid shifting enterprise storage needs.
BLZE stock soars on B2 Cloud momentum and AI-linked growth, yet valuation pressures suggest a cautious hold.
Backblaze remains a "Buy," benefiting from strong demand for its data storage solutions amid data center growth and AI-driven tailwinds. BLZE's B2 Cloud Storage segment is accelerating, with 29% growth in Q2 and projections of 30%+ growth in Q4, fueled by AI customer expansion. Valuation remains attractive at 3.3x EV/FY25 revenue and 14.5x EV/FY26 EBITDA, despite the recent stock rally and improved financial outlook.
BLZE's pivot to AI-driven cybersecurity tools positions it for strong enterprise growth and rising B2 demand.
Backblaze (BLZE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Backblaze, Inc. (BLZE) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, BLZE's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
Backblaze (BLZE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
The mean of analysts' price targets for Backblaze (BLZE) points to a 39.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Here is how Backblaze, Inc. (BLZE) and Analog Devices (ADI) have performed compared to their sector so far this year.