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BLZEBackblaze, Inc.Sell5.2·$15.56-4.89%
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Backblaze, Inc. (BLZE) Stock Analysis

SellVALUE-TRAP 2/5Moderate Confidence

Technology · Software - Infrastructure

Sell if holding. Engine safety override at $15.56: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10. Specifically: Elevated put/call ratio: 1.50; Below-average business quality.

Backblaze, Inc., a cloud storage platform, provides businesses and consumers cloud services to store, use, and protect data in the United States, the United Kingdom, Canada, and internationally. The company offers cloud services through a web-scale software infrastructure built... Read more

$15.56+4.1% A.UpsideScore 5.2/10#78 of 110 Software - Infrastructure
QualityF-score6 / 9FCF yield2.27%
Stop $14.53Target $16.26(resistance)A.R:R -1.6:1
Analyst target$13.70-12.0%7 analysts
$16.26our TP
$15.56price
$13.70mean
$7

Sell if holding. Engine safety override at $15.56: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10. Specifically: Elevated put/call ratio: 1.50; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.2/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 33d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 6, 202633d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Target reached (-23.7% upside)
Quality below floor (3.5 < 4.0)
Value-trap signals (2/5): Margin compression (op margin -24.4%), High leverage (D/E 48.8)

Key Metrics

P/E (TTM)
P/E (Fwd)101.3
Mkt Cap$937M
EV/EBITDA-726.1
Profit Mgn-15.0%
ROE-27.6%
Rev Growth11.7%
Beta1.55
DividendNone
Rating analysts14

Quality Signals

Piotroski F6/9MoatNarrow

Options Flow

P/C1.50bearish
IV121%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
0.9
Value Rank
3.1
Growth Rank
4.2

Unprofitable operations — net margin -15.0%. Quality floor flags this regardless of sector context.static

Roe
0.0
Roa
0.0
Operating Margin
0.0
Net Margin
0.0
Current Ratio
4.1
Fcf Quality
5.8
Moat
6.5
Piotroski F
6.7
Gross Margin
8.5
FCF-positive despite GAAP loss (FCF margin 14%, FCF yield 2.3%)
GatesA.R:R -1.6=NEGATIVEMomentum 6.6>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 33d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
91 · Overbought
20D MA 50D MA 200D MAGOLDEN CROSSSupport $7.07Resistance $16.59

Price Targets

$15
$16
A.Upside+4.5%
A.R:R-1.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-23.7% upside)
! Quality below floor (3.5 < 4.0)
! Value-trap signals (2/5): Margin compression (op margin -24.4%), High leverage (D/E 48.8)

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-08-06 (33d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is BLZE stock a buy right now?

Sell if holding. Engine safety override at $15.56: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10. Specifically: Elevated put/call ratio: 1.50; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $14.53. Score 5.2/10, moderate confidence.

What is the BLZE stock price target?

Take-profit target: $16.26 (+4.1% upside). Prior stop was $14.53. Stop-loss: $14.53.

What are the risks of investing in BLZE?

Target reached (-23.7% upside); Quality below floor (3.5 < 4.0); Value-trap signals (2/5): Margin compression (op margin -24.4%), High leverage (D/E 48.8).

Is BLZE overvalued or undervalued?

Backblaze, Inc. trades at a P/E of N/A (forward 101.3). TrendMatrix value score: 4.9/10. Verdict: Sell.

What do analysts say about BLZE?

14 analysts cover BLZE with a consensus score of 4.2/5. Average price target: $14.

What does Backblaze, Inc. do?Backblaze, Inc., a cloud storage platform, provides businesses and consumers cloud services to store, use, and protect...

Backblaze, Inc., a cloud storage platform, provides businesses and consumers cloud services to store, use, and protect data in the United States, the United Kingdom, Canada, and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. In addition, the company offers cloud storage solutions for a range of 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; and Internet of Things. Further, it provides computer backup that automatically backs up data from laptops and desktops for businesses and individuals, which offers a subscription-based software-as-a-service and serves use cases, including MAC and PC backup; ransomware protection; theft and loss recovery; data archiving; organization and managed service provider level management; and remote access. The company serves individuals, developers, MSPS, small and medium-sized businesses, and large enterprises across industries, including media, AI innovators, creative agencies, academic institutions, government agencies, research institutes, and gaming companies. Backblaze, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

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