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3 Reasons to Hold BLZE Stock Now Despite a 56.8% Year-to-Date Rally
BackblazeBackblaze(US:BLZE) ZACKSยท2025-10-14 15:45

Key Takeaways BLZE is benefiting from AI-related demand and new cybersecurity features in its cloud platform.BLZE expects B2 Cloud Storage revenues to grow 28-30% in the third quarter of 2025.Valuation appears stretched with a 3.27X forward price-to-sales ratio and a Value Score of F.Backblaze (BLZE) has experienced a remarkable 56.8% surge year to date (YTD), outperforming the Zacks Internet-Software industry and Zacks Computer and Technology sector's return of 16.7% and 19.6%, respectively. This impressiv ...