BLZE Stock Overview
A storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Backblaze, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.42 |
| 52 Week High | US$12.65 |
| 52 Week Low | US$4.91 |
| Beta | 0.91 |
| 1 Month Change | 2.72% |
| 3 Month Change | 6.29% |
| 1 Year Change | -17.16% |
| 3 Year Change | -65.61% |
| 5 Year Change | n/a |
| Change since IPO | -67.74% |
Recent News & Updates
Backblaze: Great Value Buy Amid Sales Shake-Up
Dec 16Revenues Tell The Story For Backblaze, Inc. (NASDAQ:BLZE) As Its Stock Soars 26%
Nov 07
Recent updates
Backblaze: Great Value Buy Amid Sales Shake-Up
Dec 16Revenues Tell The Story For Backblaze, Inc. (NASDAQ:BLZE) As Its Stock Soars 26%
Nov 07Is Backblaze (NASDAQ:BLZE) Using Debt Sensibly?
Oct 11Backblaze: High Growth Software Stock Trading For Peanuts
Sep 27It Is Time To Dip A Toe In Backblaze
Jul 04Is Backblaze (NASDAQ:BLZE) A Risky Investment?
Jul 01Is It Time To Consider Buying Backblaze, Inc. (NASDAQ:BLZE)?
Jun 05Backblaze, Inc.'s (NASDAQ:BLZE) 26% Cheaper Price Remains In Tune With Revenues
May 10Calculating The Fair Value Of Backblaze, Inc. (NASDAQ:BLZE)
Mar 15Is It Time To Consider Buying Backblaze, Inc. (NASDAQ:BLZE)?
Feb 25Backblaze: Lacking A Competitive Offering As Losses Accumulate
Feb 09Why Investors Shouldn't Be Surprised By Backblaze, Inc.'s (NASDAQ:BLZE) 28% Share Price Surge
Feb 07Does Backblaze (NASDAQ:BLZE) Have A Healthy Balance Sheet?
Jan 25Companies Like Backblaze (NASDAQ:BLZE) Are In A Position To Invest In Growth
Oct 06Backblaze, Inc. (NASDAQ:BLZE) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Aug 12Backblaze: Far From Black Numbers
May 25Companies Like Backblaze (NASDAQ:BLZE) Can Afford To Invest In Growth
May 08Shareholder Returns
| BLZE | US IT | US Market | |
|---|---|---|---|
| 7D | -5.0% | -1.7% | -2.4% |
| 1Y | -17.2% | 12.7% | 23.4% |
Return vs Industry: BLZE underperformed the US IT industry which returned 12.7% over the past year.
Return vs Market: BLZE underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| BLZE volatility | |
|---|---|
| BLZE Average Weekly Movement | 8.1% |
| IT Industry Average Movement | 8.5% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: BLZE has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: BLZE's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 381 | Gleb Budman | www.backblaze.com |
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases.
Backblaze, Inc. Fundamentals Summary
| BLZE fundamental statistics | |
|---|---|
| Market cap | US$325.17m |
| Earnings (TTM) | -US$46.36m |
| Revenue (TTM) | US$122.58m |
2.7x
P/S Ratio-7.0x
P/E RatioIs BLZE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BLZE income statement (TTM) | |
|---|---|
| Revenue | US$122.58m |
| Cost of Revenue | US$56.66m |
| Gross Profit | US$65.92m |
| Other Expenses | US$112.29m |
| Earnings | -US$46.36m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.92 |
| Gross Margin | 53.78% |
| Net Profit Margin | -37.82% |
| Debt/Equity Ratio | 10.9% |
How did BLZE perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:12 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Backblaze, Inc. is covered by 9 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zachary Cummins | B. Riley Securities, Inc. |
| Edward Stacey | Cavendish |
| Edward Stacey | Cavendish Historical (Cenkos Securities) |