AnalysisNews

BLZE today

$8.31-$0.52 (-5.89%)close Nov 12, 2026

Trend

DailyDowntrend (confirmed)

4 hourStrong Bullish

1 hourLeaning Bearish

15 minSymmetric Triangle

5 minStrong Bearish

Daily trend turns up above $9.74

Key levels

Resistance$9.67

Resistance$8.50

Support$6.68

Support$5.04

Latest news & SEC filings

GuidanceBackblaze lifts its full-year revenue forecast

AnalystNeedham keeps Buy rating on Backblaze but cuts its price target

EarningsBackblaze shares rise 12% after earnings and revenue beat with strong outlook

All BLZE news →

About Backblaze

Backblaze runs a cloud storage platform with two main services: B2 Cloud Storage, aimed at developers and businesses, and Computer Backup, aimed at individuals and organizations. Its customers range from solo users and software developers to managed service providers, mid-sized companies, and large enterprises in fields such as media, AI, creative work, education, government, research, and gaming. The company operates data centers in the United States, Canada, and the Netherlands and serves users around the world.

Based on the company's 10-K filed Mar 10, 2026.

Nasdaq · Technology

Backblaze, Inc. (BLZE)

$8.83+0.84 (+10.51%)
WATCHLISTGrade: B+Risk: MEDIUM
1D5D1M1Y5YMaxSign up for all timeframes
8.7910.1811.5812.978.83Oct 9Oct 19Oct 27Nov 4
High9.13
Low8.33
Open8.40
Volume2.13M
Avg Vol2.36M
VWAP8.78
30d High14.36
30d Low7.40
30d Chg-37.73%

What Is the Price Target for BLZE?

SEPT Low Target

$14.00

SEPT Mid Target

$22.00

SEPT High Target

$25.00

Analyst Consensus

$22.00

Current: $8.83Upside: +149.2%Confidence: 85%Method: Analyst Consensus

Is BLZE a Buy or Sell Right Now?

71
Investability Score
WATCHLIST12-18 months
News summary · last 30 days
Nov 2▲ UpEarnings4 articles
Backblaze reported third-quarter adjusted earnings of $0.09 per share, beating the $(0.08) consensus, on revenue of $46.654 million that also topped the $44.590 million estimate. The company guided fourth-quarter sales to $49.8 million-$50.2 million, above the $46.988 million estimate, and lifted its full-year 2026 revenue outlook to $177.8 million-$178.2 million from $172 million-$174 million, with the new midpoint above the $172.963 million consensus. Despite the bullish results and guidance, BLZE shares closed down 2.95% at $7.42 after trading as low as $6.68 on volume of 4,749,579. The strong earnings beat and raised outlook suggest positive fundamental momentum, though the negative price reaction indicates the market may have already priced in much of the good news or reacted to other factors.
Critical news
Nov 2HIGHEarnings: growth/beat

Thesis

  • •Revenue growing 14.3% YoY with STRONG trend — consistent growth.

AI-Powered Trading Signals

Trained on trillions of real market data to read price action and give you a simple, emotionless trading strategy for BLZE.

Start Free Trial →

Is BLZE Overvalued or Undervalued?

Valuation Verdict

UNDERVALUED

Methods Used

P/E Forward, P/B, Analyst Consensus

Fair Value

$16.18

37

Moat Score

NONE

5/9

Piotroski Score

1.4

Altman Z-Score

What Is Smart Money Doing with BLZE?

Insider Signal

NEUTRAL

0 buys / 2 sells (90d)

Congress Signal

NEUTRAL

0 buys / 0 sells (90d)

Institutional

N/A

Short Squeeze Risk

LOW

Signal: NEUTRAL

Recent Insider Activity

NameTitleTypeSharesValueDate
Budman Glebdirector officerSale12,855$203KAug 21, 2026
Suidan MarcofficerSale2,110$33KAug 21, 2026
Budman Glebdirector officerSale11,083$180KAug 20, 2026
Suidan MarcofficerSale11,083$180KAug 20, 2026
NELSON BARBARA HdirectorBuy19,306-May 26, 2026
Carter Miller JocelyndirectorBuy19,306-May 26, 2026
FRY EARL EdirectorBuy19,306-May 26, 2026
D An EvelyndirectorBuy19,306-May 26, 2026
Budman Glebdirector officerSale13,256$98KMay 20, 2026
Budman Glebdirector officerSale18,000$134KMay 20, 2026

Track Smart Money Across 4,000+ Stocks

Insider trades, congress trades, institutional flows, and short interest — updated daily with real-time alerts.

See All Smart Money Signals →

BLZE Growth Story

Revenue YoY

14.3%

3yr Revenue CAGR

19.6%

EPS Growth YoY

58.56%

FCF Growth YoY

74.6%

Revenue Trend

STRONG

Dark Pool Trades for BLZE

PREVIEW

SEPT Investing tracks real-time dark pool institutional trades for BLZE, including block trade sizes, dollar values, and buy/sell side classification. Dark pool trades reveal where institutional investors are positioning before moves become visible on public exchanges.

TimePriceSizeValueSide
14:35:44$8.3814,000$$117KBUY
14:35:40$8.312,850$$24KSELL
14:35:37$8.335,500$$46KBUY
14:35:16$8.331,800$$15KBUY
14:30:32$8.233,789$$31KSELL

5 dark pool trades shown · $$233K preview volume

Real-time institutional flow, block trades, and net positioning

See all dark pool activity

What Traders Are Saying About BLZE

1 posts

SEPT Investing hosts an active community of 3,500+ traders sharing real-time analysis, trade setups, and market discussion for BLZE. Join verified traders discussing price action, dark pool alerts, options flow, and AI-powered market intelligence.

S
SEPT InvestingVERIFIED125d ago

Zone Setup -- $BLZE (Backblaze, Inc.) Price: $17.60 | Zone: $9.62 to $17.94 Conviction: HIGH | Analyst upside: +-20.5% Near resistance (96% of range) — breakout watch. Strong positive news (7+ vs 0-...

109 views

Join 3,500+ traders discussing BLZE in real-time

Trade ideas, setups, dark pool alerts, and AI-powered analysis

Join the discussion

Full AI Research Report

SEPT's Trading AI has generated a free, downloadable PDF research report for Backblaze, Inc. (BLZE) covering valuation analysis, financial health assessment, growth projections, smart money tracking, earnings and key price levels. For research only, not investment advice.

Report includes: PDF download, detailed valuation models (DCF, P/E, EV/EBITDA), institutional flow analysis, congress and insider trade tracking, FinBERT news sentiment (1 articles analyzed), and SEC filing intelligence...

AI-Powered Trading Signals.

Trained on trillions of real market data to read price action and give you a simple, emotionless trading strategy. SEPT tells you when to buy, when to sell, and grades every stock so you never trade blind.

Try SEPT Free for 7 Days →

BLZE — frequently asked questions

What is BLZE stock price today?

Backblaze, Inc. (BLZE) is at $8.31, down 5.89% (-$0.52) at the Nov 12, 2026 close.

Why is BLZE stock moving today?

Latest BLZE news — Nov 6, 2026: Backblaze lifts its full-year revenue forecast · Nov 4, 2026: Needham keeps Buy rating on Backblaze but cuts its price target

Why did BLZE stock move on Nov 2, 2026?

Backblaze reported third-quarter adjusted earnings of $0.09 per share, beating the $(0.08) consensus, on revenue of $46.654 million that also topped the $44.590 million estimate. The company guided fourth-quarter sales to $49.8 million-$50.2 million, above the $46.988 million estimate, and lifted its full-year 2026 revenue outlook to $177.8 million-$178.2 million from $172 million-$174 million, with the new midpoint above the $172.963 million consensus.

What is the BLZE price target?

The average analyst price target for BLZE is $22.00, ranging from $14 to $25, based on 6 analysts. Latest: Needham maintains on Nov 3, 2026.

What do analysts rate BLZE?

Analyst ratings for BLZE: 1 Buy, 14 Hold, 0 Sell — consensus Hold.

Did BLZE beat earnings?

BLZE last reported on Nov 2, 2026: EPS -$0.04 vs $0.05 expected — a miss of 184.9%.

Does BLZE pay a dividend?

BLZE does not currently pay a dividend.

What are BLZE support and resistance levels?

Support: $6.68, $5.04, $3.96. Resistance: $8.50, $9.67, $10.98.

What are insiders doing with BLZE?

Insider activity: NEUTRAL, 0 buys and 2 sells in the last 90 days.

What is the latest news on BLZE?

Nov 6, 2026: Backblaze lifts its full-year revenue forecast · Nov 4, 2026: Needham keeps Buy rating on Backblaze but cuts its price target · Nov 3, 2026: Backblaze shares rise 12% after earnings and revenue beat with strong outlook