Backblaze, Inc. (BLZE)Technology | Software - Infrastructure | San Francisco, United States | NasdaqGM
9.91 USD
+0.18
(1.902%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
After hours: 9.90 -0.01 (-0.010%) ⇩ (Oct. 15, 2026, 7:14 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 1:14 a.m. EDT
The narrative has shifted dramatically from a struggling cloud storage firm to a critical player in the AI infrastructure space, anchored by a massive $335 million deal with CoreWeave. This catalyst has ignited a powerful short-term rally, pushing the stock nearly 68% in a single session and driving the price well above its 200-day average. While the statistical forecasting model offers no directional bias due to low confidence, the options market is screaming bullishness, with heavy call buying targeting prices significantly higher than current levels. However, the fundamentals remain precarious; the company is still burning cash with negative operating margins and a forward P/E that implies high growth expectations are priced in. The balance sheet is thin, with debt exceeding cash reserves, which limits the runway if the AI hype cools. Despite these risks, the convergence of a major contract win, surging revenue growth, and overwhelming speculative interest suggests the market is willing to overlook the current losses for the potential of a dominant AI storage position. The stock is in a high-risk, high-reward phase where the thesis is being tested daily. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.188464 |
| AutoARIMA | 0.198043 |
| AutoETS | 0.198049 |
| AutoTheta | 0.239646 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 0.05 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.174 |
| Excess Kurtosis | -0.94 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 93.109 |
| Revenue per Share | 2.658 |
| Market Cap | 613,428,992 |
| Forward P/E | 36.70 |
| Beta | 1.57 |
| Profit Margins | -13.07% |
| Website | https://www.backblaze.com |
As of Oct. 10, 2026, 1:14 a.m. EDT: Speculators are aggressively positioning for a significant upside move, evidenced by heavy open interest in out-of-the-money calls (strikes 20, 25, 30) extending into late 2027. Call volume far exceeds put volume in the longer-dated expirations, while ATM IV remains elevated, suggesting traders expect volatility driven by the company's AI infrastructure narrative rather than a crash. Put activity is concentrated in the near term and lower strikes, acting as a hedge against a pullback rather than a bearish bet.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.06516981 |
| Address1 | 2,261 Market Street |
| Address2 | Ste 81006 |
| All Time High | 36.5 |
| All Time Low | 3.261 |
| Ask | 22.43 |
| Ask Size | 2 |
| Audit Risk | 7 |
| Average Daily Volume10 Day | 1,410,660 |
| Average Daily Volume3 Month | 2,372,580 |
| Average Volume | 2,372,580 |
| Average Volume10Days | 1,410,660 |
| Beta | 1.566 |
| Bid | 14.22 |
| Bid Size | 2 |
| Board Risk | 8 |
| Book Value | 1.433 |
| City | San Francisco |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 9.91 |
| Current Ratio | 0.999 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 9.94 |
| Day Low | 9.181 |
| Debt To Equity | 93.109 |
| Display Name | Backblaze |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,656,800 |
| Earnings Call Timestamp Start | 1,793,656,800 |
| Earnings Timestamp | 1,793,649,600 |
| Earnings Timestamp End | 1,793,649,600 |
| Earnings Timestamp Start | 1,793,649,600 |
| Ebitda | 3,069,000 |
| Ebitda Margins | 0.01963 |
| Enterprise To Ebitda | 210.487 |
| Enterprise To Revenue | 4.133 |
| Enterprise Value | 645,984,000 |
| Eps Current Year | 0.245 |
| Eps Forward | 0.27 |
| Eps Trailing Twelve Months | -0.36 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.8127 |
| Fifty Day Average Change | -4.9027004 |
| Fifty Day Average Change Percent | -0.33097953 |
| Fifty Two Week Change Percent | 6.516981 |
| Fifty Two Week High | 23.99 |
| Fifty Two Week High Change | -14.08 |
| Fifty Two Week High Change Percent | -0.5869112 |
| Fifty Two Week Low | 3.261 |
| Fifty Two Week Low Change | 6.649 |
| Fifty Two Week Low Change Percent | 2.0389452 |
| Fifty Two Week Range | 3.261 - 23.99 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,636,641,000,000 |
| Float Shares | 59,379,432 |
| Forward Eps | 0.27 |
| Forward P E | 36.7037 |
| Free Cashflow | 33,515,500 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 320 |
| Fullday Change | 0.17499924 |
| Fullday Change Percent | 1.7994779 |
| Fullday Price | 9.91 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.62289 |
| Gross Profits | 97,359,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.04541 |
| Held Percent Institutions | 0.5839 |
| Implied Shares Outstanding | 61,900,000 |
| Industry | Software - Infrastructure |
| Industry Disp | Software - Infrastructure |
| Industry Key | software-infrastructure |
| Ipo Expected Date | 2,021-11-11 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Backblaze, Inc., a cloud storage platform, provides businesses and consumers cloud services to store, use, and protect data in the United States, the United Kingdom, Canada, and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. In addition, the company offers cloud storage solutions for a range of cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; and Internet of Things. Further, it provides computer backup that automatically backs up data from laptops and desktops for businesses and individuals, which offers a subscription-based software-as-a-service and serves use cases, including MAC and PC backup; ransomware protection; theft and loss recovery; data archiving; organization and managed service provider level management; and remote access. The company serves individuals, developers, MSPS, small and medium-sized businesses, and large enterprises across industries, including media, AI innovators, creative agencies, academic institutions, government agencies, research institutes, and gaming companies. It has a collaboration with WEKA to simplify how AI teams manage data across the AI lifecycle. Backblaze, Inc. was incorporated in 2007 and is headquartered in San Francisco, California. |
| Long Name | Backblaze, Inc. |
| Market | us_market |
| Market Cap | 613,428,992 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_106486370 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -20,427,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 870,004,500 |
| Number Of Analyst Opinions | 6 |
| Open | 9.21 |
| Operating Cashflow | 28,843,000 |
| Operating Margins | -0.06679 |
| Overall Risk | 9 |
| Phone | 650 352 3738 |
| Post Market Change | -0.010000229 |
| Post Market Change Percent | -0.100910485 |
| Post Market Price | 9.9 |
| Post Market Time | 1,792,106,075 |
| Previous Close | 9.725 |
| Price Eps Current Year | 40.44898 |
| Price Hint | 2 |
| Price To Book | 6.9155617 |
| Price To Sales Trailing12 Months | 3.9246142 |
| Profit Margins | -0.13069001 |
| Quick Ratio | 0.873 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.184999 |
| Regular Market Change Percent | 1.90231 |
| Regular Market Day High | 9.94 |
| Regular Market Day Low | 9.181 |
| Regular Market Day Range | 9.181 - 9.94 |
| Regular Market Open | 9.21 |
| Regular Market Previous Close | 9.725 |
| Regular Market Price | 9.91 |
| Regular Market Time | 1,792,094,401 |
| Regular Market Volume | 3,274,081 |
| Return On Assets | -0.0352 |
| Return On Equity | -0.24292 |
| Revenue Growth | 0.177 |
| Revenue Per Share | 2.658 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 61,900,000 |
| Shares Percent Shares Out | 0.1116 |
| Shares Short | 6,910,108 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 4,210,311 |
| Short Name | Backblaze, Inc. |
| Short Percent Of Float | 0.1161 |
| Short Ratio | 3.98 |
| Source Interval | 15 |
| State | CA |
| Symbol | BLZE |
| Target High Price | 25.0 |
| Target Low Price | 21.0 |
| Target Mean Price | 22.83333 |
| Target Median Price | 23.0 |
| Total Cash | 49,882,000 |
| Total Cash Per Share | 0.806 |
| Total Debt | 82,437,000 |
| Total Revenue | 156,303,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.36 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 8.959675 |
| Two Hundred Day Average Change | 0.950325 |
| Two Hundred Day Average Change Percent | 0.106066905 |
| Type Disp | Equity |
| Volume | 3,274,081 |
| Website | https://www.backblaze.com |
| Zip | 94,114 |