AU · rank #12 · 2026-09-04
BLZE
NASDAQ · $817M (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of all factors below. | 1.508 |
|---|---|
| EPS revisions (30d) Change in consensus EPS estimate over the past 30 days ($/share). | +$0.13 |
| Net revisions (30d) Number of analysts revising upward minus downward. | 2 |
| Insider signal (90d) $0 across 0 unique buyers. | -0.171 |
| Analyst upside Consensus target $22.83 | +71.5% |
| Momentum acceleration 3-month minus 12-month momentum. | +58.23% |
| Analyst rating 5 = Strong Buy, 1 = Strong Sell. | 4.83 |
| Gross margin TTM | +62.3% |
| 52w high | $23.99 |
| Market cap (USD) | $817M |
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 is a cloud storage and backup provider pivoting toward AI infrastructure workloads via its B2 Cloud Storage platform, which now accounts for the majority of revenue growth.
Rationale
A 71.6% analyst upside gap, near-unanimous bullish ratings (4.83/5), a 366% earnings surprise, a guidance raise of ~$15M at midpoint, and a record $335M CoreWeave contract all directly reinforce the analyst_upside strategy's premise that consensus targets are lagging a fundamentally improving story.
Material risks
- 1The $335M CoreWeave contract is heavily concentrated in a single hyperscaler-adjacent customer, and if CoreWeave internalizes storage or renegotiates terms, the B2 growth thesis collapses with it.
- 2Only 5 analysts cover BLZE with zero target raises in the last 30 days and zero insider buying in 90 days, suggesting the upside gap may reflect stale low targets rather than active re-rating conviction.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.