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Backblaze (BLZE)
NASDAQ:BLZE
Backblaze (BLZE) Stock Price & Analysis
261 Followers
BLZE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.19 - $12.65
Previous Close$6.03
Volume533.75K
Average Volume (3M)399.96K
Market Cap
$250.25M
Enterprise Value$249.47M
Total Cash (Recent Filing)$29.30M
Total Debt (Recent Filing)$28.52M
Price to Earnings (P/E)―
Beta1.98
Next Earnings
Aug 06, 2024EPS Estimate
-$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.42
Shares Outstanding41,500,000
10 Day Avg. Volume230,046
30 Day Avg. Volume399,964
Standard Deviation0.19
R-Squared0.08
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)18.95
Price to Sales (P/S)8.19
Price to Cash Flow (P/CF)18.10
P/FCF Ratio426.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.45
Enterprise Value/Gross Profit5.00
Enterprise Value/Ebitda-8.58
Forecast
1Y Price Target
$11.33Price Target Upside79.27% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Backblaze News
Ownership Overview
24.93% Insiders
8.02% Mutual Funds
19.73% Other Institutional Investors
47.32% 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 $4.19 and its highest was $12.65 in the past 12 months.
What is Backblaze’s market cap?
Currently, no data Available
When is Backblaze’s upcoming earnings report date?
Backblaze’s upcoming earnings report date is Aug 06, 2024 which is in 32 days.
How were Backblaze’s earnings last quarter?
Backblaze released its earnings results on May 08, 2024. The company reported -$0.14 earnings per share for the quarter, beating the consensus estimate of -$0.148 by $0.008.
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 -$0.13.
How many shares outstanding does Backblaze have?
Backblaze has 41,500,000 shares outstanding.
What happened to Backblaze’s price movement after its last earnings report?
Backblaze reported an EPS of -$0.14 in its last earnings report, beating expectations of -$0.148. Following the earnings report the stock price went down -24.319%.
Which hedge fund is a major shareholder of Backblaze?
Among the largest hedge funds holding Backblaze’s share is Driehaus Capital Management LLC. It holds Backblaze’s shares valued at 7M.
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Backblaze Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$11.33 (79.27% Upside)
$11.33 (79.27% Upside)
Blogger Sentiment
Bullish
BLZE Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 670.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $66.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 4.4%
Last 30 Days ▼ 4.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
29.67%
12-Months-Change
Fundamentals
Return on Equity
-97.76%
Trailing 12-Months
Asset Growth
-7.72%
Trailing 12-Months
Company Description
Backblaze
Backblaze Inc provides cloud storage services. The company offers services such as Backblaze B2 Cloud Storage which enables customers to store data, developers to build applications, and partners to expand their use cases. It is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases including backups, multi-cloud, application development, and ransomware protection and Backblaze Computer Backup automatically backs up data from laptops and desktops for businesses and individuals. Geographically, it derives a majority of revenue from the United States.
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BLZE Company Deck
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BLZE Earnings Call
Q1 2024
0:00 / 0:00
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BLZE Stock 12 Month Forecast
Average Price Target
$11.33
▲(79.27% Upside)
Technical Analysis
Best Analysts Covering BLZE
1 Year
1 Year Success Rate
5/10 ratings generated profit
1 Year Average Return
+0.92%
reiterated a buy rating 2 months ago
Copying Eric Martinuzzi's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +0.92% per trade.
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