How to Buy Backblaze Stock
Backblaze Inc
Backblaze, Inc. functions as a cloud storage provider, delivering comprehensive online services for businesses and individual consumers to securely store, manage, and access their data globally.
Backblaze stock last closed at $20.43, up 5.64% from the previous day, and has increased 158.61% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 2.43 percentage points. Backblaze stock is currently +526.49% from its 52-week low of $3.26, and -14.84% from its 52-week high of $23.99.
There are currently 61.9M shares of BLZE outstanding. The market value of BLZE is $1.26B. In the last 24 hours, 2.42M BLZE shares were traded.
How to Buy Backblaze Stock
Wondering how to invest in Backblaze stock? Here's how.
- Decide where to buy Backblaze stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Backblaze stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your information.
- Analyze Backblaze stock: The Backblaze ticker symbol is BLZE. Is Backblaze stock a good investment? Should you buy shares of BLZE? How do BLZE's underlying business fundamentals look? Do top analysts think Backblaze is a good buy? Why has BLZE's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if BLZE is a good stock to buy).
- Place your BLZE trade: Decide if you will purchase BLZE shares at the current market price or use a limit order to buy BLZE stock at a specific price.
- Get key alerts regarding your BLZE investment: Create a watchlist to watch your position in Backblaze stock.
Step 1: Decide where to buy Backblaze stock
You need an online brokerage account in order to access the NASDAQ market and buy BLZE shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
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- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy BLZE today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on apps for stock market, you need to deposit funds:
Check out the walkthrough below for more details transferring money into your investment account.
Step 4: Analyze Backblaze stock
Once you have selected the best place to buy Backblaze stock, it's critical to research their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Backblaze quick stats
Backblaze Overview
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on BLZE's stock page.
Is BLZE stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BLZE's fair value.
Using relative valuations measures:
- BLZE may be overvalued based on its P/B ratio of 14.28x, relative to Software - Infrastructure industry P/B ratio of 8.95x
You can access additional valuation analysis on BLZE's stock here.
A look at BLZE Cashflows and Balance Sheet
Pros:
- Total BLZE debt is lower than 5 years ago, relative to shareholder equity.
- BLZE profit margin has gone up from -31.7% to -13.1% in the past year.
- BLZE's operating cash flow of $28.84M allows it to safely service it's debt of $82.44M.
- There are more short-term assets than long-term liabilities on the BLZE balance sheet.
Cons:
- BLZE has a relatively high debt to equity ratio of 1.53.
- There are more short-term liabilities than short-term assets on the BLZE balance sheet.
- BLZE earnings of -$15.75M is not enough to cover its interest payments.
Is it a good time to buy Backblaze stock, according to Wall Street analysts?
Out of 8 sell side analysts who give forecasts on BLZE, the consensus analyst rating on Backblaze is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest BLZE Analyst Ratings
Zach Cummins, a top 9% analyst from B. Riley Securities maintains BLZE with a strong buy rating and raises their BLZE price target from $7.00 to $16.00, on Jun 24, 2026.
B. Riley Securities's Zach Cummins raised their price target on BackBlaze (NASDAQ: BLZE) by 128.6% from $7 to $16 on 2026/06/24. The analyst maintained their Strong Buy rating on the stock.
Cummins said their price target hike was catalyzed by BackBlaze's announcement of a large-scale multi-year data storage agreement with CoreWeave.
The analyst called the agreement a "meaningful validation" of BackBlaze's neocloud strategy, which is to become a leading provider of hard disk drive storage for AI cloud infrastructure.
Cummins estimated that BackBlaze's business with CoreWeave could generate a quarter of its B2 business by the end of FY2027, and could continue to expand from there.
Jeff Van Rhee, a top 18% analyst from Craig-Hallum upgrades BLZE to a buy rating and raises their BLZE price target from $6.50 to $16.00, on Jun 23, 2026.
Jason Ader, a bottom 1% analyst from William Blair downgrades BLZE to a sell rating, on Mar 23, 2026.
You can dig deeper into what analysts are projecting on the Backblaze stock forecast page.
BLZE Technical Indicators
BLZE Revenue
Last year, BLZE revenue was $156.30M. Over the last five year, BLZE's revenue has gone up by 21.16% per year. This was faster than the Software - Infrastructure industry average of 19.36%.
Find out more about BLZE's earnings and revenue performance here.
Latest Insiders Trades at BLZE
In the past year, executives and large shareholders at BLZE have sold more shares than they have bought.
Gleb Budman, CEO and Chairperson of BLZE, was the latest BLZE insider to sell. They sold $98,492.08 worth of BLZE stock on May 20, 2026.
Learn more about who owns BLZE stock here.
Can I get consistent income from BLZE stock?
No, Backblaze doesn't provide an income stream by paying out dividends.
What do other investors have to say about BLZE?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your BLZE trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you require additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your BLZE investment
Now that you own some shares in BLZE, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to get alerted to the latest events about your BLZE stock.
BLZE Feed
How to Buy Stock in Backblaze
To summarize, here are the 6 steps to buy stock in Backblaze:
- Decide where to buy Backblaze stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Backblaze stock
- Place your BLZE trade
- Get key alerts regarding your BLZE investment
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Backblaze, create your watchlist below.
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