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.
| Ticker |
BLZE
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| CIK | 0001462056 |
| SIC | 7372 |
| Sector | Services |
| Industry Category | Computer Software |
| Industry Group | Services – Computer Programming And Data Processing |
| Address | 201 BALDWIN AVENUE, SAN MATEO, CA, 94401 |
| Website | backblaze.com |
| Phone | 650.352.3738 |
| CEO | Gleb Budman |
| Employees | 270 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Backblaze (BLZE) Upgraded to Buy: Here's WhyBackblaze (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 BetThe 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 to Participate in Fireside Chat at the 20th Annual Needham Technology, Media, & Consumer ConferenceSAN MATEO, Calif., May 12, 2025--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced participation in the following investor conference: Backblaze, Inc. (NASDAQ:BLZE) First-Quarter Results: Here's What Analysts Are Forecasting For This YearShareholders of Backblaze, Inc. ( NASDAQ:BLZE ) will be pleased this week, given that the stock price is up 15% to... Backblaze Inc (BLZE) Q1 2025 Earnings Call Highlights: Record Growth in AI and Cloud Storage ...Backblaze Inc (BLZE) reports a 15% revenue increase and secures its largest contract ever, while navigating challenges in sales cycles and market competition. |