Analyst Upside

AU · rank #10 · 2026-07-23

BLZE

NASDAQ · $972M (USD)

SignalStrong Buy3.7strength 3.7 / 10
verdict · PROCEED

The exact numbers the algorithm saw.

Factor scores and the inputs behind this pick.
Composite score
Z-score blend of all factors below.
1.079
EPS revisions (30d)
Change in consensus EPS estimate over the past 30 days ($/share).
-$0.00
Net revisions (30d)
Number of analysts revising upward minus downward.
0
Insider signal (90d)
$0 across 0 unique buyers.
-0.197
Analyst upside
Consensus target $14.99
+11.7%
Momentum acceleration
3-month minus 12-month momentum.
+182.65%
Analyst rating
5 = Strong Buy, 1 = Strong Sell.
4.83
Gross margin TTM+62.3%
52w high$18.25
Market cap (USD)$972M

The AI research card

Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.

Summary

Backblaze operates a low-cost, S3-compatible cloud object storage platform (B2) and computer backup service, increasingly targeting AI/Neocloud workloads as a price-competitive alternative to hyperscaler storage.

Rationale

The analyst_upside thesis is reinforced by a 1,100%+ earnings surprise, raised FY2026 guidance, five analyst target raises in 30 days, and a recommendation mean near Strong Buy (1.86/5), suggesting consensus is still catching up to an inflecting fundamental story.

Material risks

  • 1With only 5 analysts covering BLZE and a 13.5% target dispersion, the analyst upside signal is thin and fragile — one downgrade or guidance miss could collapse the consensus upgrade cycle that drives this strategy's edge.
  • 2The May 2026 pricing overhaul (removing API transaction fees) could compress near-term revenue per customer even if volume grows, introducing uncertainty into the back-half 2026 guidance that underpins current analyst targets.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.

OpenAI
Proceed
Claude
Proceed
Gemini
Error