BACKBLAZE ($BLZE) posted quarterly earnings results on Thursday, November 6th. The company reported earnings of $0.03 per share, beating estimates of -$0.12 by $0.15. The company also reported revenue of $37,160,000, missing estimates of $37,669,110 by $-509,110.
You can see Quiver Quantitative's $BLZE stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
BACKBLAZE Hedge Fund Activity
We have seen 90 institutional investors add shares of BACKBLAZE stock to their portfolio, and 49 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AIGH CAPITAL MANAGEMENT LLC removed 1,809,096 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $16,788,410
- ROYAL BANK OF CANADA added 583,463 shares (+195138.1%) to their portfolio in Q2 2025, for an estimated $3,209,046
- WHETSTONE CAPITAL ADVISORS, LLC added 497,796 shares (+71.4%) to their portfolio in Q2 2025, for an estimated $2,737,878
- BLACKROCK, INC. added 353,673 shares (+10.9%) to their portfolio in Q2 2025, for an estimated $1,945,201
- THOMPSON SIEGEL & WALMSLEY LLC removed 231,940 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,275,670
- LAZARD ASSET MANAGEMENT LLC added 209,838 shares (+263.5%) to their portfolio in Q2 2025, for an estimated $1,154,109
- CITADEL ADVISORS LLC removed 198,116 shares (-49.3%) from their portfolio in Q2 2025, for an estimated $1,089,638
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
BACKBLAZE Analyst Ratings
Wall Street analysts have issued reports on $BLZE in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Oppenheimer issued a "Outperform" rating on 10/17/2025
- JMP Securities issued a "Market Outperform" rating on 08/08/2025
- Needham issued a "Buy" rating on 08/07/2025
To track analyst ratings and price targets for BACKBLAZE, check out Quiver Quantitative's $BLZE forecast page.
BACKBLAZE Price Targets
Multiple analysts have issued price targets for $BLZE recently. We have seen 3 analysts offer price targets for $BLZE in the last 6 months, with a median target of $8.5.
Here are some recent targets:
- Ittai Kidron from Oppenheimer set a target price of $11.0 on 10/17/2025
- Rustam Kanga from JMP Securities set a target price of $8.0 on 08/08/2025
- Mike Cikos from Needham set a target price of $8.5 on 08/07/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
