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Backblaze NasdaqGM:BLZE Stock Report

Last Price

US$6.23

Market Cap

US$280.2m

7D

-7.7%

1Y

-4.0%

Updated

20 Nov, 2024

Data

Company Financials +

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

BLZE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Backblaze, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Backblaze
Historical stock prices
Current Share PriceUS$6.23
52 Week HighUS$12.65
52 Week LowUS$4.91
Beta0.99
11 Month Change-16.49%
3 Month Change0.89%
1 Year Change-4.01%
33 Year Change-76.04%
5 Year Changen/a
Change since IPO-68.69%

Recent News & Updates

Revenues Tell The Story For Backblaze, Inc. (NASDAQ:BLZE) As Its Stock Soars 26%

Nov 07
Revenues Tell The Story For Backblaze, Inc. (NASDAQ:BLZE) As Its Stock Soars 26%

Is Backblaze (NASDAQ:BLZE) Using Debt Sensibly?

Oct 11
Is Backblaze (NASDAQ:BLZE) Using Debt Sensibly?

Backblaze: High Growth Software Stock Trading For Peanuts

Sep 27

Recent updates

Revenues Tell The Story For Backblaze, Inc. (NASDAQ:BLZE) As Its Stock Soars 26%

Nov 07
Revenues Tell The Story For Backblaze, Inc. (NASDAQ:BLZE) As Its Stock Soars 26%

Is Backblaze (NASDAQ:BLZE) Using Debt Sensibly?

Oct 11
Is Backblaze (NASDAQ:BLZE) Using Debt Sensibly?

Backblaze: High Growth Software Stock Trading For Peanuts

Sep 27

It Is Time To Dip A Toe In Backblaze

Jul 04

Is Backblaze (NASDAQ:BLZE) A Risky Investment?

Jul 01
Is Backblaze (NASDAQ:BLZE) A Risky Investment?

Is It Time To Consider Buying Backblaze, Inc. (NASDAQ:BLZE)?

Jun 05
Is It Time To Consider Buying Backblaze, Inc. (NASDAQ:BLZE)?

Backblaze, Inc.'s (NASDAQ:BLZE) 26% Cheaper Price Remains In Tune With Revenues

May 10
Backblaze, Inc.'s (NASDAQ:BLZE) 26% Cheaper Price Remains In Tune With Revenues

Calculating The Fair Value Of Backblaze, Inc. (NASDAQ:BLZE)

Mar 15
Calculating The Fair Value Of Backblaze, Inc. (NASDAQ:BLZE)

Is It Time To Consider Buying Backblaze, Inc. (NASDAQ:BLZE)?

Feb 25
Is It Time To Consider Buying Backblaze, Inc. (NASDAQ:BLZE)?

Backblaze: Lacking A Competitive Offering As Losses Accumulate

Feb 09

Why Investors Shouldn't Be Surprised By Backblaze, Inc.'s (NASDAQ:BLZE) 28% Share Price Surge

Feb 07
Why Investors Shouldn't Be Surprised By Backblaze, Inc.'s (NASDAQ:BLZE) 28% Share Price Surge

Does Backblaze (NASDAQ:BLZE) Have A Healthy Balance Sheet?

Jan 25
Does Backblaze (NASDAQ:BLZE) Have A Healthy Balance Sheet?

Companies Like Backblaze (NASDAQ:BLZE) Are In A Position To Invest In Growth

Oct 06
Companies Like Backblaze (NASDAQ:BLZE) Are In A Position To Invest In Growth

Backblaze, Inc. (NASDAQ:BLZE) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Aug 12
Backblaze, Inc. (NASDAQ:BLZE) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Backblaze: Far From Black Numbers

May 25

Companies Like Backblaze (NASDAQ:BLZE) Can Afford To Invest In Growth

May 08
Companies Like Backblaze (NASDAQ:BLZE) Can Afford To Invest In Growth

Backblaze Could Be The Next Cloudflare In The Making

Nov 22

Shareholder Returns

BLZEUS ITUS Market
7D-7.7%-3.4%-1.0%
1Y-4.0%15.1%30.3%

Return vs Industry: BLZE underperformed the US IT industry which returned 15.3% over the past year.

Return vs Market: BLZE underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is BLZE's price volatile compared to industry and market?
BLZE volatility
BLZE Average Weekly Movement7.0%
IT Industry Average Movement7.5%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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 (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007381Gleb Budmanwww.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

How do Backblaze's earnings and revenue compare to its market cap?
BLZE fundamental statistics
Market capUS$280.16m
Earnings (TTM)-US$46.36m
Revenue (TTM)US$122.58m

2.3x

P/S Ratio

-6.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BLZE income statement (TTM)
RevenueUS$122.58m
Cost of RevenueUS$56.66m
Gross ProfitUS$65.92m
Other ExpensesUS$112.29m
Earnings-US$46.36m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.04
Gross Margin53.78%
Net Profit Margin-37.82%
Debt/Equity Ratio10.9%

How did BLZE perform over the long term?

See historical performance and comparison