AU · rank #9 · 2026-09-08
BLZE
NASDAQ · $817M (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of all factors below. | 1.528 |
|---|---|
| EPS revisions (30d) Change in consensus EPS estimate over the past 30 days ($/share). | +$0.13 |
| Net revisions (30d) Number of analysts revising upward minus downward. | 2 |
| Insider signal (90d) $0 across 0 unique buyers. | -0.186 |
| Analyst upside Consensus target $22.83 | +69.7% |
| Momentum acceleration 3-month minus 12-month momentum. | +70.02% |
| 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 operates a cloud storage platform offering low-cost, S3-compatible B2 Cloud Storage for developers and enterprise workloads alongside a computer backup subscription service.
Rationale
Upward EPS revisions and high analyst upside are fundamentally backed by a massive Q2 earnings surprise, raised 2026 guidance, and high revenue visibility from the new $335M CoreWeave agreement.
Material risks
- 1Significant revenue concentration and execution risk associated with the five-year CoreWeave contract, including the potential for storage insourcing or contract renegotiation.
- 2Intense competition and potential price compression in commodity object storage from hyperscalers like AWS and budget-focused rivals like Wasabi.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.