Backblaze Inc. (BLZE)
NASDAQ (NMS) NASDAQ (NMS) Primary 
Big Rallies Brewing? 3 Analyst Favorites to Watch Closely
Companies can receive a big boost on impressive results or promising news, and then it is a matter of maintaining momentum to ensure those gains aren't given back shortly after.
Backblaze, Inc. (BLZE) Q2 2025 Earnings Call Transcript
Backblaze, Inc. (NASDAQ:BLZE ) Q2 2025 Earnings Call August 7, 2025 8:00 AM ET Company Participants Gleb Budman - Co-Founder, CEO & Chairman Marc Suidan - Chief Financial Officer Mimi Kong - Corporate Participant Conference Call Participants Eric Martinuzzi - Lake Street Capital Markets, LLC, Research Division Ittai Kidron - Oppenheimer & Co. Inc., Research Division Jason Noah Ader - William Blair & Company L.L.C., Research Division Jeffrey Van Rhee - Craig-Hallum Capital Group LLC, Research Division John Jeffrey Hopson - Needham & Company, LLC, Research Division Rustam Shiraz Kanga - Citizens JMP Securities, LLC, Research Division Simon Matthew Leopold - Raymond James & Associates, Inc., Research Division Zachary Cummins - B.
Backblaze, Inc. (BLZE) Q2 Earnings and Revenues Surpass Estimates
Backblaze, Inc. (BLZE) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to a loss of $0.11 per share a year ago.
Backblaze Continues Growth But Operating Losses Weigh
Backblaze's B2 Cloud Storage growth and AI demand are promising, but heavy operating losses persist, justifying my continued Sell rating. Despite revenue growth and improved margins, the company remains far from operating breakeven, which the market is punishing with a discounted valuation. Significant shareholder dilution from high stock-based compensation and no share buybacks further weakens the investment case, although management wants to move to cash bonuses over time.
Wall Street Analysts See a 90% Upside in Backblaze (BLZE): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 90% in Backblaze (BLZE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Backblaze (BLZE) Upgraded to Buy: Here's Why
Backblaze (BLZE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Wall Street Analysts Think Backblaze (BLZE) Could Surge 103.57%: Read This Before Placing a Bet
The average of price targets set by Wall Street analysts indicates a potential upside of 103.6% in Backblaze (BLZE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Backblaze: Perfect Small-Cap Value Play As AI Drives New Bookings
Small-cap stocks like Backblaze offer compelling value as valuation discounts versus large-caps have widened, despite strong fundamentals. Backblaze continues to deliver double-digit revenue growth, with accelerating momentum in its B2 Cloud segment and improved sales execution leading to huge Q1 bookings growth. AI remains a major growth driver for the company, with its count of AI clients rising 66% y/y.
Backblaze, Inc. (BLZE) Q1 2025 Earnings Call Transcript
Backblaze, Inc. (NASDAQ:BLZE ) Q1 2025 Earnings Call May 7, 2025 5:00 PM ET Company Participants Mimi Kong - Head, Investor Relations Gleb Budman - Co-Founder, Chief Executive Officer and Chairperson Marc Suidan - Chief Financial Officer Conference Call Participants Jeff Van Rhee - Craig-Hallum Capital Group Mike Cikos - Needham Ethan Widell - B. Riley Securities Maxwell Michaelis - Lake Street Capital Markets Jason Ader - William Blair Victor Chiu - Raymond James Operator Thank you for standing by.
Backblaze, Inc. (BLZE) Reports Q1 Loss, Tops Revenue Estimates
Backblaze, Inc. (BLZE) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.14 per share a year ago.
Backblaze: As B2 Cloud Storage Accelerates, This Stock Can Rally Fiercely
Backblaze is a promising investment due to AI-driven revenue growth, robust Q4 results, and a strategic sales overhaul boosting its B2 cloud storage business. The company is expecting B2 cloud storage revenue to accelerate consistently as it moves through FY25, a testament to strong secular tailwinds and better sales execution. BLZE balances growth and profitability, maintaining a mid-20s revenue growth pace and a ~10% adjusted EBITDA margin, with positive free cash flow expected in FY25.
Backblaze, Inc. (BLZE) Q4 2024 Earnings Call Transcript
Backblaze, Inc. (NASDAQ:BLZE ) Q4 2024 Earnings Conference Call February 25, 2025 5:00 PM ET Company Participants Mimi Kong - Senior Director of Investor Relations and Corporate Development Gleb Budman - Chairman and Chief Executive Officer Marc Suidan - Chief Financial Officer Conference Call Participants Jeff Van Rhee - Craig-Hallum Capital Group Ittai Kidron - Oppenheimer & Co., Inc. Simon Leopold - Raymond James & Associates, Inc. Jason Ader - William Blair & Company Maxwell Michaelis - Lake Street Capital Markets Ethan Widell - B. Riley Securities Operator Thank you for standing by.
