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BLBLZE

Backblaze, Inc.

$BLZE·$1.1B·Software - Infrastructure·Technology
$19.02-6.9%YTD+317.5%1Y+149.6%
Mentions · last 7 days
2026-08-07: 15 posts2026-08-08: 12 posts2026-08-09: 12 posts2026-08-10: 33 posts2026-08-11: 19 posts2026-08-12: 14 posts2026-08-13: 22 posts128-21%
Price updated 6h ago·X counts updated 1d ago
BLBLZE
$BLZEBackblaze, Inc.
$19.02-6.90%128 posts-21%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $BLZE, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Driven by hypeAcceleratingAI verdict · as of 2026-08-14

The move is getting stronger, with heavier trading behind it.

Cloud-storage micro-cap up 318% YTD on the CoreWeave partnership — trading at 2.8x above the 200-day and grouped with the software-momentum leaders.

Backblaze provides object-storage cloud services — think low-cost S3-alternative — plus a computer-backup consumer product. The 2026 story is entirely about becoming a real AI-storage partner to CoreWeave and other neocloud providers, and Q2 confirmed that shift is real.

  • The Q2 print was mechanically strong: revenue of $42.7M grew ~19% YoY, EPS of $0.08 crushed the $0.02 consensus by 367%, and $0.6M of quarterly FCF pushed operational metrics past the break-even threshold — for a business at just 4.7x sales with the CoreWeave partnership as the specific catalyst, that's the shape of a real inflection.
  • The CoreWeave and AI-storage partnership is the growth engine: management framed Q2 as "CoreWeave and AI Storage" — that's the specific new revenue leg turning Backblaze from a niche cost-efficient backup provider into a real infrastructure partner for the neocloud tier of AI compute. Neoclouds need cheap high-throughput storage; Backblaze is positioned to provide it.
  • The tape reflects that positioning: shares sit at the 83rd percentile of range, +52% vs the 50-day and 184% vs the 200-day, with 30-day volume running normal but the +318% YTD reflecting the specific narrative repricing — grouped with software-momentum leaders (PANW, FTNT, ORCL, DDOG) as tape-adjacent momentum.

What extends the run is the Nov 5 print confirming CoreWeave contract revenue is scaling plus additional neocloud/AI-storage customer wins; what interrupts it is a competitive move from AWS/GCP on storage pricing (compressing the arbitrage Backblaze depends on) or a specific CoreWeave contract-revision headline that reveals the partnership economics were more optimistic than reality.

Agrees with X sentimentThe bullish X read has the setup right — the $20 pivot breakout, the gap-up remaining unfilled, the $10→$18 CoreWeave-contract play, the software-momentum grouping with PANW/FTNT/ORCL/DDOG, and Rebellionaire's 13F disclosure are all real and support the accelerating trajectory.

What to watch: Nov 5 Q3 earnings — CoreWeave contract revenue trajectory, additional AI-storage/neocloud customer disclosures, and any commentary on gross margin against pricing pressure. AWS/GCP competitive storage-pricing moves or a CoreWeave contract-revision headline is what interrupts the trajectory.

On the calendar: 2026-11-05 — Q3 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment17 posts analyzed · as of 2026-08-14

Backblaze chatter is bullish — post-lunch software bid, breakout watch after PEG consolidation, Rebellionaire 13F showing new position, and posters framing it as a top candidate for next cycle (prior $10→$18 CoreWeave move). Multiple 'all in' momentum trades post gains.

Read the AI verdict + X sentiment for $BLZE

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Low-cost cloud object storage (B2) and computer backup SaaS, positioned as an affordable alternative to AWS S3.

Industry overviewAI analysisGenerated by AI from underlying data

Where Software - Infrastructure sits in its cycle right now — and what that implies for $BLZE.

Software - Infrastructure · Technology

No material change from last week — Enterprise software infrastructure is in a multiple compression phase (-16.

What this means for $BLZE

Neutral — Low-cost cloud object storage (B2) and computer backup SaaS, positioned as an affordable alternative to AWS S3; limited read-through from software - infrastructure macro dynamics to this specific revenue mix.

Top industry ETF

$IGViShares Expanded Tech-Software Sector ETF
-4.2%YTD
-3.9%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-29.9How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-13.2%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-13.4%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
1.9%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
4.7Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-27.2%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
62.1%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.7Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 3, 2026$0.08$0.02+366.7%
Q1 2026May 4, 2026$0.04$0.02+133.4%
Q4 2025Feb 23, 2026$0.06$0.01+500.0%
Q3 2025Nov 6, 2025$0.03$-0.01+400.0%
Next earningsThu, Nov 5·consensus EPS $0.05

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$38.7M+11.7%60.9%-13.8%$-0.10$597K
Q4 FY25$37.8M+11.8%62.0%-12.4%$-0.09$9.7M
Q3 FY25$37.2M+14.0%62.1%-8.9%$-0.07$2.6M
Q2 FY25$36.3M+16.0%63.5%-18.5%$-0.13$700K

Forward consensus

3-year forecast · up to 5 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$162.3M$161.5M – $162.9M$0.11$0.01 – $0.185
FY27$200.1M$157.2M – $249.9M$0.17$0.03 – $0.355
FY28$201.1M$184.2M – $223.4M$0.18$0.16 – $0.211

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.8×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.76%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+39.6%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+163.2%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 58.4M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today3.8% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.575-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.FilingActive offeringA shelf registration (S-3 / S-3ASR / S-1) or prospectus supplement (424B*) was filed in the last 90 days — the company is registered to (or actively) issuing new shares. Dilution risk.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

No open-market buys or sells in the last 180 days.

+ 22 other (10 awards · 9 inkinds · 3 returns) in window

See when $BLZE insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

S-3Shelf registrationAug 3S-3
AI summary

BLZE filed a S-3 shelf registration statement with the SEC. A shelf registration gives BLZE flexibility to issue debt, equity, or hybrid securities when market conditions are favorable. Filing does not indicate imminent capital raising.

8-KMaterial agreementJul 28-K — Item 1.01: Material agreement
AI summary

Backblaze amended its Citizens Bank credit agreement to expand the permitted capital leases threshold to $150M outstanding on June 30, 2026. Routine credit amendment expanding leasing flexibility.

8-KMaterial agreementJun 238-K — Item 1.01: Material agreement · Item 3.02: Unregistered equity sale · Item 7.01: Press release / Reg FD
AI summary

Delaware 001-41026 20-8893125 entered into a material stock purchase agreement on 2026-06-23 for $335, $0.0001, expected closing June 16, 2026. Narrative: a) of the Exchange Act. ☐ Item 1.01. Entry into a Material Definitive Agreement. Effective on June 16, 2026, Backblaze, Inc. (the “Company”) entered into a Master Strategic Agreement with CoreWeave, Inc. (“CoreWeave”), along with Addendum No. 1 thereto (collectively, the “MSA”), pursuant to which th... Delaware 001-41026 20-8893125 furnished a Reg FD disclosure covering: a) of the Exchange Act. ☐ Item 1.01. Entry into a Material Definitive Agreement. Effective on June 16, 2026, Backblaze, Inc. (the “Company”) entered into a Master Strategic Agreement with CoreWeave, Inc. (“CoreWeave”), along with Addendum No. 1 thereto (collectively, the “MSA”), pursuant to which the Company will provide CoreWeave with the following services: • Cloud object storage capacity on the.

8-KShareholder voteMay 278-K — Item 5.07: Shareholder vote
AI summary

Delaware 001-41026 20-8893125 disclosed voting results from its annual or special meeting. accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.07 Submission of Matters to a Vote of Security Holders. On May 26, 2026, Backblaze, Inc. (the "Company") held its 2026 Annual Meeting of Stockholders (the "Annual Meeting") via live webcast. T he Company's stockholders voted on two proposals, each of which is summarized below and described in more detail in the C...

3New insider — initial holdingsMar 113
+ 12 other (3 earnings 8-Ks · 3 13Gs · 2 10-Qs · 2 proxys) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Backblaze Inc (BLZE) Stock Down 6.9% but Still Overvalued -- GF Score: 41/100gurufocus.com·7h agoBLZE Q2 Earnings Call Focuses on CoreWeave and AI Storagezacks.com·8d agoBackblaze: Neoclouds And CoreWeave Have Rewritten Its Growth Trajectoryseekingalpha.com·10d agoBackblaze Q2 Earnings Call Highlightsdefenseworld.net·10d agoWhy Backblaze Stock Jumped Todayfool.com·10d ago

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Voices on X · top 15 · last 7 days

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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