Backblaze, Inc. (BLZE) fair value analysis
Nasdaq · Updated 2026-10-19
BLZE price how computed
Valuation status
Awaiting full valuationBLZE's estimate rests on a sector-average price-to-earnings multiple, not on its own validated earnings history.
TickrTrends does not publish a borrowed multiple as a verdict. A verdict publishes automatically once BLZE's own trailing P/E history validates; every covered stock is re-evaluated weekly.
- Last price
- $8.60
- Sector
- Technology
- 12-month range
- $3.31–$20.43
- Market cap
- $532M
- From 52-week high
- -57.9%
- Shares outstanding
- 61.9M
- Rank in Technology by quality score
- #134 of 274
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Backblaze, Inc. is a cloud storage and backup service provider that offers solutions for data protection and recovery to both individual users and businesses. The company operates primarily in the United States and serves customers globally through its internet-based platform.
BLZE currently ranks #134 of 274 Technology stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $532M
- P/E (trailing)
- 123x
- Revenue (TTM)
- $156M
- Net margin
- -13.1%
- EPS (TTM)
- $0.07
- Gross margin
- 62.8%
- Debt / equity
- 0.93
- Revenue growth (3-yr avg)
- 22.9%
- Shares outstanding
- 61.9M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Expanding
- 52-week position
- The lower-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 21 · oversold
- 50-day average
- $14.45
- 200-day average
- $9.00
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Earnings how computed
- Next earnings report
- 2026-11-02 (post-market)
- Last 8 quarters vs consensus
- 8 beat, 0 missed
- Quarter by quarter
- 2026-06 ▲ beat (+40.0%)
2026-03 ▲ beat (+136.4%)
2025-12 ▲ beat (+354.5%)
2025-09 ▲ beat (+400.0%)
2025-06 ▲ beat (+36.8%)
2025-03 ▲ beat (+50.0%)
2024-12 ▲ beat (+31.1%)
2024-09 ▲ beat (+9.1%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 6 buy · 1 hold · 0 sell (7 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $22.8
- Target vs last price
- +165.1%
What our data shows for BLZE
- Shares are trading in the lower third of their 12-month price range of $3.31–$20.43.
- The 14-day relative strength index sits at an oversold 21.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- BLZE's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
What people are saying
Follow the BLZE conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — TickrTrends' derived indicators for BLZE show a shift this week, with the RSI zone moving from neutral to oversold territory. The stock's current valuation verdict remains awaiting full valuation. These technical changes reflect recent price movements in the Technology sector company.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — BLZE's technical indicators shifted this week as the RSI moved out of oversold territory into neutral zone. This adjustment in momentum positioning reflects a change in the stock's near-term technical character within the Technology sector. The valuation assessment for BLZE remains incomplete pending additional analysis.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is BLZE stock undervalued?
BLZE's estimate rests on a sector-average price-to-earnings multiple rather than its own validated earnings history, and TickrTrends does not publish a borrowed multiple as a verdict. It is re-evaluated every week.
What is BLZE's TickrTrends verdict?
BLZE is currently marked 'Awaiting full valuation' - a verdict publishes automatically once BLZE's own trailing P/E history validates under our standards.
How does BLZE compare to other Technology stocks?
BLZE ranks #134 of 274 Technology stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is BLZE overbought or oversold?
BLZE's 14-day RSI is in the oversold zone on TickrTrends' latest weekly data.
When does BLZE report earnings next?
BLZE's next earnings report is scheduled for 2026-11-02 (post-market), per the published earnings calendar.
Does BLZE usually beat earnings estimates?
Over its last 8 reported quarters BLZE beat the consensus estimate 8 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about BLZE?
Of 7 analysts covering BLZE, 6 rate it a buy, 1 a hold and 0 a sell - buy-leaning, with a consensus price target of $22.8 (+165.1% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.