BLZE

-18.9%🔴 Potential overreaction

Backblaze, Inc. Class A Common Stock · Technology

$10.15Vol 1.56M · 1.3× normalMkt cap −$0.15Blive · 2026-10-14 ET

What happened

Move

-18.9%

Price

$10.15

Volume

1.56M

1.3× normal

Market cap

$0.63B

−$0.15B today

Why it moved

No clear catalyst identified

No reliable news, earnings or analyst driver was found for this move. A move this size without an obvious driver is most likely flow/positioning-driven rather than a fundamentals story.

Additional context: BLZE dropped 8.15% in light volume ahead of its Q3 2026 earnings announcement scheduled for November 2.

Verdict — was the move justified?

🔴 Potential overreaction

A 6.6σ move well beyond the sector with no identified fundamental or news driver — the reaction appears larger than currently visible evidence justifies. Likely flow/positioning-driven.

How unusual is this move

σ score

6.6σ

vs own 20d volatility

Percentile

99th

of 1233 daily moves

Avg daily move

±3.4%

own 5y average

vs sector

-16.1%

beyond sector median

Today’s move is among the largest 1% of BLZE’s daily moves over the last 5 years — while the sector moved -2.8% and the market -0.9%.

What happened after similar moves

11 similar down moves in BLZE’s 5-year history:

After 5 days

-2.1%

45% higher

After 20 days

-1.9%

36% higher

Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.

Fundamental context

V 52G 25P 0H 55Q 46

Insider activity (90d): net selling $236.7K

Full fundamental analysis on PreMarketPrice

Pillar scores, financial statements, valuation history, news & more for BLZE

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