Lake Street initiated coverage on Backblaze with a new price target
$BLZE
Computer Software: Prepackaged Software
Technology
Lake Street initiated coverage of Backblaze with a rating of Buy and set a new price target of $28.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/24/2025 | $7.00 | Mkt Outperform | Citizens JMP |
| 3/11/2025 | $8.00 | Buy | Needham |
| 2/18/2022 | $26.00 → $22.00 | Outperform | Raymond James |
| 12/6/2021 | $28.00 | Buy | Lake Street |
| 12/6/2021 | Outperform | William Blair | |
| 12/6/2021 | $26.00 | Outperform | Raymond James |
| 12/6/2021 | Outperform | Oppenheimer | |
| 12/6/2021 | $30.00 | Market Outperform | JMP Securities |
Independent testing aims to fill historic information gap in cloud storage performance, comparing data from Backblaze, AWS, Cloudflare, and Wasabi; full methodology and data to be published quarterly. Backblaze, Inc. (NASDAQ:BLZE), the high-performance cloud storage platform for the AI era, today released its inaugural Performance Stats report—a transparent, quarterly benchmarking initiative that publishes performance data for Backblaze and its competitors tested from outside any provider's infrastructure. The report examines upload and download performance across four cloud storage providers—Backblaze B2, AWS S3, Cloudflare R2, and Wasabi—using standardized testing from a neutral Vultr
Four models achieve zero failures across 328,000+ drives; new failure analysis on outliers prompts dive into failure definitions Backblaze, Inc. (NASDAQ:BLZE), the high-performance cloud storage platform for the AI era, today released its Q3 2025 Drive Stats report, analyzing the performance and reliability of 328,348 hard drives deployed across its global data centers. Since 2013, Backblaze has provided the industry's most transparent and widely used dataset on hard drive reliability, offering insights to IT leaders, researchers, and data professionals worldwide. This latest installment continues that transparency while exploring a fundamental question for modern infrastructure: What d
AI traffic now represents nearly one-quarter of network flows; new metric reveals order-of-magnitude shift in data movement patterns. Backblaze, Inc. (NASDAQ:BLZE), the high-performance cloud storage platform for the AI era, today announced the release of its latest Network Stats Report, revealing how AI workloads are reshaping global data flows to the extent that the company is building a new metric. The report examines the unprecedented rise of AI-driven data gravity and provides a first look at the telemetry metrics shaping digital infrastructure in the age of generative AI. "The way data moves is fundamentally changing," said Brent Nowak, Technical Lead Network Engineer at Backbla
10-Q - Backblaze, Inc. (0001462056) (Filer)
8-K - Backblaze, Inc. (0001462056) (Filer)
8-K/A - Backblaze, Inc. (0001462056) (Filer)
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4 - Backblaze, Inc. (0001462056) (Issuer)
4 - Backblaze, Inc. (0001462056) (Issuer)
Citizens JMP initiated coverage of Backblaze with a rating of Mkt Outperform and set a new price target of $7.00
Needham initiated coverage of Backblaze with a rating of Buy and set a new price target of $8.00
Raymond James reiterated coverage of Backblaze with a rating of Outperform and set a new price target of $22.00 from $26.00 previously
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SC 13G/A - Backblaze, Inc. (0001462056) (Subject)
SC 13G/A - Backblaze, Inc. (0001462056) (Subject)
Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, will report financial results for its third quarter ending September 30, 2025 on Thursday, November 6, 2025 before market open. Following the release of results, Backblaze will host a conference call and webcast at 5:00 a.m. PT (8:00 a.m. ET) on November 6, 2025 to discuss the results. Attend the webcast: https://events.q4inc.com/attendee/752951504 Register to listen by phone: https://registrations.events/direct/Q4I9661622 Phone registrants will receive dial-in information via email. An archive of the webcast will be available shortly after its completion on the
29% Revenue Growth in B2 Cloud Storage, 16% Revenue Growth Overall in Q2 2025 Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, today announced results for its second quarter ended June 30, 2025. "We're pleased with our continued strong quarterly performance, with B2 revenue growth accelerating from 23% to 29% sequentially and solidifying our journey to be Adjusted Free Cash Flow positive in Q4," said Gleb Budman, CEO of Backblaze. "We drove innovation with a suite of new cyber security data offerings announced in Q2 and Q3, including AI-powered ‘Anomaly Alerts,' functionality designed to help customers detect pote
Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, will report financial results for its second quarter ending June 30, 2025 on Thursday, August 7, 2025 before market open. Following the release of results, Backblaze will host a conference call and webcast at 5:00 a.m. PT (8:00 a.m. ET) on August 7, 2025 to discuss the results. Attend the webcast: https://events.q4inc.com/attendee/666498838 Register to listen by phone: https://registrations.events/direct/Q4I9661615 Phone registrants will receive dial-in information via email. An archive of the webcast will be available shortly after its completion on the Investo
SAN MATEO, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced that Dave Cotten and Teresa Dodson joined the company's sales leadership team. "Adding these seasoned, senior-level sales leaders reinforces our commitment to delivering open cloud solutions that allow our customers to do more with their data," said Jason Wakeam, Chief Revenue Officer at Backblaze. "Dave and Teresa bring sales experience and a strategic approach to deepen relationships and better serve our customers and partners." The news follows the recent appointment of Jason Wakeam as the compan
SAN MATEO, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced Marc Suidan is joining the company as Chief Financial Officer (CFO), effective August 16, 2024. "I am excited to welcome Marc as our Chief Financial Officer," said Gleb Budman, Backblaze CEO and Chairperson of the Board. "He has deep knowledge and experience strategically guiding companies through financial growth. His expertise and leadership will be a valuable asset as we empower customers to move to an open cloud and to do more with their data." Suidan brings to Backblaze more than 20 years of exp
SAN MATEO, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the appointment of Jason Wakeam as the company's first Chief Revenue Officer (CRO). An industry veteran with nearly three decades of global leadership experience, Wakeam brings a proven track record of driving growth and innovation at technology companies. Wakeam previously served as a vice president of global sales at SnapLogic. He has also held leadership roles in a range of public and private companies including Cloudera, Microsoft, and Hewlett-Packard. In his new role, Wakeam will spearhead the co