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7 stories mentioning BLZEUpdated just now

Every FINWIRES story that references BLZE, newest first.

Wire

Top Midday Gainers

Paymentus (PAY) reported stronger-than-expected Q2 adjusted earnings and sales late Monday, and its full-year 2026 revenue guidance beat the forecast.Shares soared 28% amid a surge in intraday trading volume to over 2.5 million from a daily average of about 1.1 million.UFP Technologies (UFPT) reported adjusted earnings and revenue above market expectations Monday.Shares jumped 23%, with intraday trading volume rising to more than 420,000 from the stock's daily average of about 215,000.Backblaze (BLZE) reported Q2 non-GAAP net income and sales late Monday that beat consensus, and the company lifted its full-year 2026 revenue guidance.Shares surged 38% amid an increase in intraday trading volume to over 8.4 million from a daily average of roughly 3.5 million.Price: $44.32, Change: $+9.80, Percent Change: +28.39%

$BLZE$PAY$UFPT
Wire

Backblaze Q2 Non-GAAP Earnings, Revenue Rise; Shares Gain After Hours

Backblaze (BLZE) reported Q2 non-GAAP net income late Monday of $0.08 per diluted share, up from $0.01 a year earlier.Analysts polled by FactSet expected $0.02.Revenue in the three months ended June 30 rose to $42.7 million from $36.3 million a year earlier.Analysts expected $39.9 million.Backblaze projects Q3 revenue of $44.4 million to $44.8 million. Analysts expect $41.2 million.The company boosted full-year revenue guidance to $172 million to $174 million from the prior range of $161.5 million to $163.5 million.Analysts expect $162.3 million.Backblaze shares jumped 17% in after-hours trading.

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Wire

Backblaze Shares Rise After William Blair Upgrade

Backblaze (BLZE) shares rose 1.7% in Wednesday trading after William Blair upgraded the stock to market perform from underperform.Intraday volume toped 10.3 million shares compared with the daily average of almost 2.31 million.Price: $11.86, Change: $+0.20, Percent Change: +1.67%

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Research

William Blair Upgrades Backblaze to Market Perform From Underperform

Backblaze (BLZE) has an average rating of buy and mean price target of $13.70, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$BLZE
Wire

Update: Backblaze Shares Rise After Craig Hallum Upgrade Following Data Storage Deal With CoreWeave

(Updates with analyst upgrade and stock price movement in the first paragraph.)Backblaze (BLZE) shares rose 42.6% on Tuesday after Craig Hallum upgraded the stock to buy from hold with a $16 price target following a multi-year agreement with CoreWeave (CRWV).Backblaze said it signed a five-year, $335 million multi-exabyte data deal with CoreWeave.The company said its HDD-based storage technology will support new storage tiers, allowing CoreWeave to allocate data more efficiently while reserving higher-performance storage for artificial intelligence workloads.Price: $11.53, Change: $+3.41, Percent Change: +42.00%

$BLZE$CRWV
Research

Craig Hallum Upgrades Backblaze to Buy From Hold, $16 Price Target

Craig Hallum Upgrades Backblaze to Buy From Hold, $16 Price Target

$BLZE
Wire

Top Midday Gainers

Sterling Infrastructure (STRL) climbed 47% amid heavy trading after the company overnight reported a stronger-than-expected surge in Q1 earnings and sales while guiding sales above market expectations.More than 1.55 million shares of the company traded intraday compared with a daily average of about 510,000.DigitalOcean (DOCN) reported Q1 non-GAAP earnings and sales Tuesday above market expectations. The company also raised its full-year 2026 non-GAAP earnings per share and revenue forecast range, beating expectations.Shares soared 37%, with intraday trading volume of over 9.90 million from a daily average of about 4.34 million.Backblaze (BLZE) reported late Monday a swing to Q1 non-GAAP net income per share amid a jump in sales from a year ago.Shares catapulted 63%, with intraday trading volume at over 31.9 million from a daily average of roughly 824,000.Price: $793.45, Change: $+263.96, Percent Change: +49.85%

$BLZE$DOCN$STRL

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