Backblaze received a Buy rating with a $16 price target due to strong growth in its B2 Cloud Storage segment, which saw 34% revenue growth in Q2. Core growth excluding price increases was about 26%, and new large AI contracts such as CoreWeave improve future revenue visibility. However, gross margins are under short-term pressure as infrastructure investments precede revenue recognition, leading to negative free cash flow for several quarters. Risks include delays in CoreWeave deployment and rising hardware costs, but long-term contracts support the company's growth outlook.
Backblaze's recent AI contract developments provide context for technology sector trends. For readers following the technology sector, here is Pluang's market snapshot as of Sep 15, 2026 21:21 WIB: out of 150 priced US tech stocks tradable on Pluang, 50 rose and 96 fell today. Notable price changes include NOK at USD 9.99 (+3.52%), HPE at USD 57.32 (+3.45%), and HOOD at USD 110.39 (-3.45%).
Ipsos achieved 2.0% organic revenue growth in Q3 2026, up from 0.8% in H1, driven by strong performances in EMEA, China, and citizen-related activities. The company updated its 2026 organic growth target to 1.2%-1.5%, reflecting improved momentum and...
Ipsos posted €636.2 million revenue in Q3 2026 with 2.0% organic growth, up from 0.8% in H1, led by strong performances in EMEA, China, and its Citizens business. The company updated its full-year organic growth outlook to 1.2%-1.5%, citing ongoing g...
Signify reported third-quarter 2026 results with sales of EUR 1,367 million, a slight decline in comparable sales by 3.4%, but improved adjusted EBITA of EUR 145 million and a margin increase to 10.6%. Net income rose to EUR 88 million and free cash ...
Sika AG posted a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite currency headwinds. The company saw organic growth of 3.5% and improved material margins to 55.4%, with EBITDA rising 1.9% t...
Sika reported a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite a negative currency effect. The company improved its material margin to 55.4% and maintained an EBITDA margin of 19.2%, with ...
