Backblaze (BLZE) Soars 43.6%: Is Further Upside Left in the Stock?

Backblaze (BLZE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Zacks Investment Research • 12 hours ago

Backblaze jumps 30% on $335M CoreWeave AI storage deal

Backblaze shares BLZE surged in trading on Tuesday after the company announced a $335 million, five-year storage agreement with AI-focused cloud provider CoreWeave. The deal underscores rising demand for large-scale data infrastructure tied to artificial intelligence workloads.

Invezz • Jun 23, 2026

Backblaze, Infleqtion, Zeta Global And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were lower, with the Dow Jones index falling more than 200 points on Monday.

Benzinga • Jun 23, 2026

Backblaze Stock Rises After $335 Million Five-Year Storage Deal With CoreWeave

Backblaze Inc. (NASDAQ:BLZE) shares are trading higher Tuesday after the company announced a five-year, $335 million multi-exabyte data storage agreement with CoreWeave Inc. (NASDAQ:CRWV).

Benzinga • Jun 23, 2026

Backblaze Announces Five-Year Multi-Exabyte Data Storage Agreement with CoreWeave

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage platform for the AI era, today announced an agreement with CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI™. Under the multi-exabyte, $335 million agreement, Backblaze will provide cost-efficient storage capacity that supports portions of CoreWeave's managed storage infrastructure, helping optimize placement of data across performance tiers while preserving high-performance storage resources for the dem.

Business Wire • Jun 23, 2026

Backblaze to Participate in Fireside Chat at Planet MicroCap Las Vegas 2026

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced participation in the following investor conference:Planet MicroCap Last Vegas 2026, Las Vegas, NV.Marc Suidan, CFO of Backblaze, will participate in a fireside chat moderated by Lake Street Capital on Wednesday, June 17, 2026, at 10:00 a.m. PTThe fireside chat will be webcast live. Links to the live and archived webcast will be available on Backblaze's inves.

Business Wire • Jun 15, 2026

Jim Cramer found a real AI storage play, then told you not to buy it

Jim Cramer used a recent Mad Money segment to dissect a small-cap cloud storage name that most generalist investors have never opened a tab for.

24/7 Wall Street • Jun 11, 2026

Backblaze Sees AI Boom Fueling Cloud Storage Demand and Neocloud Deals

Backblaze NASDAQ: BLZE Chief Executive Gleb Budman said the cloud storage company is seeing a material shift in demand tied to artificial intelligence workloads, as customers seek alternatives to hyperscaler platforms and newer AI-focused cloud providers look to add storage capabilities.

MarketBeat • Jun 6, 2026

Backblaze: Operating Leverage And Revenue Explosion Incoming

Backblaze is transitioning from legacy backup to a high-growth, AI-driven Infrastructure-as-a-Service provider, targeting the neocloud data-lake layer. BLZE's B2 Cloud Storage ARR grew 28% YoY, now comprising 58% of revenue, with AI customers up 76% and driving accelerating growth. Valuation is compelling at 3.4x ARR, with operating leverage boosting margins (adjusted EBITDA margin raised to 23–25%) and no anticipated equity raises.

Seeking Alpha • Jun 5, 2026

Backblaze, Inc. (BLZE) Presents at Bank of America 2026 Global Technology Conference Transcript

Backblaze, Inc. (BLZE) Presents at Bank of America 2026 Global Technology Conference Transcript

Seeking Alpha • Jun 4, 2026