AU · rank #10 · 2026-09-09
BLZE
NASDAQ · $817M (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of all factors below. | 1.623 |
|---|---|
| EPS revisions (30d) Change in consensus EPS estimate over the past 30 days ($/share). | +$0.13 |
| Net revisions (30d) Number of analysts revising upward minus downward. | 2 |
| Insider signal (90d) $0 across 0 unique buyers. | -0.153 |
| Analyst upside Consensus target $22.83 | +64.4% |
| Momentum acceleration 3-month minus 12-month momentum. | +68.91% |
| 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 (BLZE) is a cloud storage software provider selling B2 object storage and computer backup, with B2 now driving most revenue and being positioned for AI/neocloud storage workloads.
Rationale
The quant setup is reinforced by strong analyst upside and upgrade breadth, rising EPS revisions, a large positive earnings surprise, and a material Q2 beat plus raised 2026 guidance that should keep estimate momentum positive.
Material risks
- 1The biggest thesis breaker is dependence on large AI/storage customers like CoreWeave in a commoditized market, where in-house buildouts or price pressure from hyperscalers/Wasabi could quickly erode the upside case.
- 2Share overhang from registered resale shares and the $175M 0% convert adds dilution risk, while capital intensity and power/capacity constraints can slow scaling if AI demand cools.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.