Core Insights - Backblaze, Inc. (NASDAQ: BLZE) is recognized in the cloud storage industry, with Oppenheimer setting a price target of $8.50, indicating a potential upside of approximately 94.51% from its current trading price of $4.37 [1] Financial Performance - In Q4 2025, Backblaze reported earnings of $0.06 per share, exceeding the Zacks Consensus Estimate of $0.01, marking a 351.13% earnings surprise compared to a loss of $0.06 per share in the same quarter last year [2][6] - The company's revenue for the quarter ending December 2025 was $37.76 million, slightly above the Zacks Consensus Estimate by 0.73%, and up from $33.79 million reported a year ago, demonstrating consistent revenue growth [3][6] Strategic Developments - Backblaze achieved a significant milestone by closing its first eight-figure total contract value neocloud agreement, which highlights the strength of its storage cloud platform [4][6] - The launch of B2 Neo, a neocloud-specific storage offering, further showcases Backblaze's capabilities in the AI-driven cloud storage market [4] Market Position - Currently, BLZE is priced at $4.37 with a market capitalization of approximately $252.05 million, and the stock has shown volatility, trading between $4.31 and $4.54 today [5] - Over the past year, BLZE has experienced a high of $10.86 and a low of $3.83, reflecting its fluctuating nature in the market [5]