Needham initiated coverage on Backblaze with a new price target
$BLZE
Computer Software: Prepackaged Software
Technology
Needham initiated coverage of Backblaze with a rating of Buy and set a new price target of $8.00
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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 |
Backblaze, Inc. (NASDAQ:BLZE), the high-performance cloud storage platform for the AI era, today announced that it was recognized as a Leader in G2's Winter 2026 Report, earning over 15 badges. In G2's Winter 2026 Report, Backblaze was recognized in the following categories: Object Storage Solution and Storage Management for Fastest Implementation Easiest To Use Best Support Best Relationship Leader and Momentum Leader Server Backup and Disaster Recovery for Best Estimated ROI Best Results Best Supports PC Backup and Online Backup for Easiest to Use Easiest to do Business With Most Likely to Recommend "Backblaze is laser-focused on solvin
Backblaze, Inc. (NASDAQ:BLZE), the high-performance cloud storage platform for the AI era, will report financial results for its fourth quarter and full year ending December 31, 2025 on Monday, February 23, 2026 after market close. Following the release of results, Backblaze will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) on February 23, 2026 to discuss the results. Attend the webcast: https://events.q4inc.com/attendee/991328028 Register to listen by phone: https://registrations.events/direct/Q4I789404935 Phone registrants will receive dial-in information via email. An archive of the webcast will be available shortly after its completion on the Investor Relat
Analysis identifies AI-native network patterns and a surge in high-performance connectivity to neoclouds Backblaze, Inc. (NASDAQ:BLZE), the high-performance cloud storage platform for the AI era, today released its Q4 2025 Network Stats report, identifying a sharp rise in AI-driven data traffic to neoclouds and signaling a shift toward AI-native network behavior optimized for large-scale model training and inference. The report, which follows Backblaze's Q3 Network Stats analysis, isolates how artificial intelligence is reshaping global network infrastructure. Q4 data shows massive datasets increasingly moving in short, sustained bursts and concentrating strongly in the US-East region—a
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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
Backblaze, Inc. (NASDAQ:BLZE), the high-performance cloud storage platform for the AI era, will report financial results for its fourth quarter and full year ending December 31, 2025 on Monday, February 23, 2026 after market close. Following the release of results, Backblaze will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) on February 23, 2026 to discuss the results. Attend the webcast: https://events.q4inc.com/attendee/991328028 Register to listen by phone: https://registrations.events/direct/Q4I789404935 Phone registrants will receive dial-in information via email. An archive of the webcast will be available shortly after its completion on the Investor Relat
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
AI and cloud infrastructure engineering leader strengthens innovation and operational excellence as Backblaze scales its storage cloud for the AI era Backblaze, Inc. (NASDAQ:BLZE), the high-performance cloud storage platform for the AI era, today announced the appointment of Dan Spraggins as Senior Vice President of Engineering, further strengthening the company's executive leadership team as it continues to scale its global storage cloud. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260105935567/en/Dan Spraggins, Backblaze Senior Vice President of Engineering Spraggins brings more than two decades of experience leading larg
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
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