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.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Backblaze, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$7.34 |
| 52 Week High | US$12.65 |
| 52 Week Low | US$4.81 |
| Beta | 1.02 |
| 11 Month Change | 17.07% |
| 3 Month Change | 13.10% |
| 1 Year Change | 47.69% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -63.12% |
Recent News & Updates
Is Backblaze (NASDAQ:BLZE) Using Debt Sensibly?
Oct 11
Backblaze: High Growth Software Stock Trading For Peanuts
Sep 27Recent updates
Is 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 08Backblaze Could Be The Next Cloudflare In The Making
Nov 22Shareholder Returns
| BLZE | US IT | US Market | |
|---|---|---|---|
| 7D | 4.0% | 1.0% | 0.8% |
| 1Y | 47.7% | 32.7% | 38.4% |
Return vs Industry: BLZE exceeded the US IT industry which returned 32.7% over the past year.
Return vs Market: BLZE exceeded the US Market which returned 38.3% over the past year.
Price Volatility
| BLZE volatility | |
|---|---|
| BLZE Average Weekly Movement | 10.4% |
| IT Industry Average Movement | 7.9% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 14.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: BLZE's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: BLZE's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.
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$314.79m |
| Earnings (TTM) | -US$49.66m |
| Revenue (TTM) | US$115.29m |
2.7x
P/S Ratio-6.3x
P/E RatioIs BLZE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BLZE income statement (TTM) | |
|---|---|
| Revenue | US$115.29m |
| Cost of Revenue | US$55.41m |
| Gross Profit | US$59.88m |
| Other Expenses | US$109.54m |
| Earnings | -US$49.66m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 07, 2024
| Earnings per share (EPS) | -1.16 |
| Gross Margin | 51.94% |
| Net Profit Margin | -43.08% |
| Debt/Equity Ratio | 11.1% |
How did BLZE perform over the long term?
See historical performance and comparison