Backblaze (BLZE) to Release Earnings on Monday

Backblaze (NASDAQ:BLZE) is anticipated to post its Q4 2025 results after the market closes on Monday, February 23rd. Analysts expect the company to announce earnings of $0.01 per share and revenue of $37.5440 million for the quarter. Parties are encouraged to explore the company’s upcoming Q4 2025 earning overview page for the latest details on the call scheduled for Monday, February 23, 2026 at 5:00 PM ET.

Backblaze Stock Up 1.1%

Shares of BLZE opened at $4.40 on Friday. The company’s 50-day moving average price is $4.63 and its 200 day moving average price is $6.73. Backblaze has a 12-month low of $3.83 and a 12-month high of $10.86. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.24. The firm has a market cap of $253.88 million, a P/E ratio of -6.57 and a beta of 1.28.

Analyst Ratings Changes

Several equities analysts have recently commented on BLZE shares. Needham & Company LLC decreased their price objective on shares of Backblaze from $12.00 to $8.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Backblaze in a research report on Wednesday, January 21st. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Backblaze in a report on Thursday, November 6th. Five equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Backblaze has an average rating of “Moderate Buy” and a consensus price target of $9.50.

Institutional Trading of Backblaze

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in Backblaze by 5.2% in the 3rd quarter. Vanguard Group Inc. now owns 2,693,508 shares of the company’s stock valued at $24,996,000 after acquiring an additional 134,034 shares during the period. Wasatch Advisors LP acquired a new position in shares of Backblaze in the third quarter valued at approximately $17,021,000. Pillsbury Lake Capital LLC acquired a new position in shares of Backblaze in the fourth quarter valued at approximately $8,058,000. Geode Capital Management LLC raised its stake in shares of Backblaze by 4.2% during the fourth quarter. Geode Capital Management LLC now owns 1,341,863 shares of the company’s stock worth $6,255,000 after purchasing an additional 53,583 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Backblaze by 20.1% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 953,914 shares of the company’s stock worth $8,852,000 after purchasing an additional 159,324 shares during the period. Hedge funds and other institutional investors own 54.03% of the company’s stock.

About Backblaze

Backblaze, Inc, a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; repository for analytics, artificial intelligence and machine learning; and Internet of Things.