Backblaze, Inc.

NasdaqGM:BLZE Stock Report

Market Cap: US$315.5m

Backblaze Future Growth

Future criteria checks 1/6

Backblaze is forecast to grow earnings and revenue by 21.7% and 13.4% per annum respectively while EPS is expected to grow by 41.9% per annum.

Key information

21.7%

Earnings growth rate

41.9%

EPS growth rate

IT earnings growth14.4%
Revenue growth rate13.4%
Future return on equityn/a
Analyst coverage

Good

Last updated25 Nov 2024

Recent future growth updates

Recent updates

Backblaze: Great Value Buy Amid Sales Shake-Up

Dec 16

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

Earnings and Revenue Growth Forecasts

NasdaqGM:BLZE - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026164N/AN/AN/A1
12/31/2025146-35-17287
12/31/2024128-45-27187
9/30/2024123-46-214N/A
6/30/2024115-50-79N/A
3/31/2024109-54-161N/A
12/31/2023102-60-28-7N/A
9/30/202396-62-36-14N/A
6/30/202393-59-39-16N/A
3/31/202389-56-39-18N/A
12/31/202285-51-30-14N/A
9/30/202281-47-24-13N/A
6/30/202276-40-16-7N/A
3/31/202272-31-90N/A
12/31/202167-22-84N/A
9/30/202163-16-29N/A
6/30/202160-11-18N/A
3/31/202156-10512N/A
12/31/202054-7813N/A
12/31/201941-11013N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLZE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: BLZE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: BLZE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: BLZE's revenue (13.4% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: BLZE's revenue (13.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if BLZE's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 14:55
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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 8 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.

AnalystInstitution
Zachary CumminsB. Riley Securities, Inc.
Edward StaceyCavendish
Jeffrey Van RheeCraig-Hallum Capital Group LLC