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Backblaze (BLZE)
NASDAQ:BLZE
BLZE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$4.91 - $10.52
Previous CloseN/A
Volume64.56K
Average Volume (3M)613.96K
Market Cap
$293.22M
Enterprise Value$306.56M
Total Cash (Recent Filing)$45.78M
Total Debt (Recent Filing)$46.34M
Price to Earnings (P/E)―
Beta1.63
Next Earnings
May 07, 2025EPS Estimate
-0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.11
Shares Outstanding54,300,000
10 Day Avg. Volume515,331
30 Day Avg. Volume613,956
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.30
Price to Cash Flow (P/CF)32.80
P/FCF Ratio32.80
Enterprise Value/Market Cap1.05
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit4.42
Enterprise Value/Ebitda-18.47
Forecast
1Y Price Target
$10.33Price Target Upside91.30% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceBackblaze reported a strong B2 Cloud Storage revenue growth of 39% year-over-year, contributing significantly to overall revenue growth.
Market PositionBackblaze is viewed as an attractive turn-around story with reaccelerating growth at a discounted multiple.
Strategic InitiativesBackblaze's focus on more strategic partnerships and tailwinds from GenAI should drive sustainable growth and profitability.
Bears Say
Revenue GuidanceThe company maintained its previous outlook to be adjusted FCF positive by Q4'25, with improved cash generation expected.
Stock DilutionThe recent secondary offering added 7.2M shares to the share count, leading to a lower $11 price target due to dilution.
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Ownership Overview
27.43% Insiders
8.31% Mutual Funds
14.23% Other Institutional Investors
43.20% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Backblaze
Desktop Users
Mobile Users
BLZE FAQ
What was Backblaze’s price range in the past 12 months?
Backblaze lowest stock price was $4.91 and its highest was $10.52 in the past 12 months.
What is Backblaze’s market cap?
Backblaze’s market cap is $293.22M.
When is Backblaze’s upcoming earnings report date?
Backblaze’s upcoming earnings report date is May 07, 2025 which is in 43 days.
How were Backblaze’s earnings last quarter?
Backblaze released its earnings results on Feb 25, 2025. The company reported -$0.06 earnings per share for the quarter, beating the consensus estimate of -$0.087 by $0.027.
Is Backblaze overvalued?
According to Wall Street analysts Backblaze’s price is currently Undervalued.
Does Backblaze pay dividends?
Backblaze does not currently pay dividends.
What is Backblaze’s EPS estimate?
Backblaze’s EPS estimate is -0.06.
How many shares outstanding does Backblaze have?
Backblaze has 54,300,000 shares outstanding.
What happened to Backblaze’s price movement after its last earnings report?
Backblaze reported an EPS of -$0.06 in its last earnings report, beating expectations of -$0.087. Following the earnings report the stock price went up 5.529%.
Which hedge fund is a major shareholder of Backblaze?
Currently, no hedge funds are holding shares in BLZE
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Backblaze Stock Smart Score
Underperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
$10.33 (91.30% Upside)
$10.33 (91.30% Upside)
Blogger Sentiment
Bullish
BLZE Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 151.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $73.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.9%
Last 30 Days ▲ 18.0%
Last 30 Days ▲ 18.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-47.05%
12-Months-Change
Fundamentals
Return on Equity
-79.20%
Trailing 12-Months
Asset Growth
28.00%
Trailing 12-Months
Company Description
Backblaze
Backblaze, Inc. (BLZE) is a leading provider of cloud storage and data backup services, primarily operating in the technology sector. The company offers a suite of cloud-based solutions including personal and business backup, B2 cloud storage, and computer backup services. Backblaze is widely recognized for its simplicity, reliability, and cost-effective pricing, making it a popular choice for individuals, small businesses, and enterprises looking to safeguard their data.
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BLZE Company Deck
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BLZE Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a strong performance in revenue and growth metrics, especially in B2 Cloud Storage and AI segments. The successful go-to-market transformation and financial health improvements offset the challenges faced in Computer Backup growth and a notable customer loss. Overall, the positive aspects significantly outweigh the negative ones, suggesting a strong future outlook.Read More>---
BLZE Stock 12 Month Forecast
Average Price Target
$10.33
▲(91.30% Upside)
Technical Analysis
Best Analysts Covering BLZE
1 Year
1 Year Success Rate
5/11 ratings generated profit
1 Year Average Return
-8.56%
reiterated a buy rating last month
Copying Zach Cummins's trades and holding each position for 1 Year would result in 45.45% of your transactions generating a profit, with an average return of -8.56% per trade.
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