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finance.yahoo.comNOV 21 min read$BLZE

Backblaze, Inc. (BLZE) Q3 Earnings and Revenues Top Estimates

Backblaze (BLZE) reported Q3 earnings of $0.09 per share, beating estimates by $0.05. Revenue was $46.65M, up 25.5% YoY. The company has surpassed EPS and revenue estimates for four consecutive quarters. Shares are up 62.9% YTD. The stock has a Zacks Rank #4 (Sell), indicating expected underperformance.

Original reporting
finance.yahoo.com
Published Nov 2, 2026, 11:10 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 3, 2026, 6:40 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefEarnings
Primary signal
$BLZE
Neutral
medium confidence
Mentioned
$BLZE
Relevance
7/10
AlphAI data visualization · based on finance.yahoo.com
Decision brief

The 30-second read

$BLZENeutralMed
01

Why it matters

Earnings beat provides fresh data but the sell rating tempers upside potential.

02

Market read

New earnings numbers for a micro‑cap may cause short‑term trading interest but limited broader market effect.

03

What to watch

Future guidance remains modest; management commentary could sway sentiment more than the beat itself.

Relevance 7/10Novelty 8/10Timing: post‑earnings release today

Background

Backblaze is a cloud‑storage provider; its stock has risen ~63% YTD.

Company-level read

Ticker impact

$BLZENeutralMedium confidence
Context

Backblaze reported Q3 EPS of $0.09 vs $0.04 estimate and revenue of $46.65M vs $44.6M estimate, a fresh earnings beat.

Expected impact

possible modest upside as investors digest the beat, but pressure from sell‑side rating could limit gains

Evidence & confidence

The surprise EPS and revenue numbers are new, but the company is a micro‑cap with a sell rating, limiting material price move.

Market effects

Sector

Positive earnings may lift other small cloud‑storage peers, but limited sector impact.

Regional

US micro‑cap market sees modest attention.

Global

Low global relevance.

Counterpoint

What could challenge this read

Despite the beat, the Zacks Sell rating and high valuation multiples could lead to a pullback.

Key entities

  • company
    Backblaze, Inc.

    Cloud storage provider reporting Q3 results.

Read at source← All news

StoryBackblaze reports Q3 2026 earnings beat, 47% B2 growth and raises FY revenue outlook

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