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Backblaze (BLZE)
NASDAQ:BLZE
Holding BLZE?
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BLZE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.91 - $12.65
Previous Close$6.42
Volume363.87K
Average Volume (3M)363.59K
Market Cap
$325.17M
Enterprise Value$325.27M
Total Cash (Recent Filing)$20.88M
Total Debt (Recent Filing)$20.98M
Price to Earnings (P/E)―
Beta1.77
Next Earnings
Feb 13, 2025EPS Estimate
-$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.11
Shares Outstanding44,400,000
10 Day Avg. Volume297,880
30 Day Avg. Volume363,590
Standard Deviation0.18
R-Squared0.07
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)6.69
Price to Sales (P/S)2.33
Price to Cash Flow (P/CF)15.40
P/FCF Ratio69.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.65
Enterprise Value/Gross Profit6.52
Enterprise Value/Ebitda-21.82
Forecast
1Y Price Target
$11.00Price Target Upside71.34% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Backblaze News
PremiumCompany Announcements
Backblaze Ends Loan Agreement After Successful Offering
PremiumCompany Announcements
Backblaze Reports Strong Q3 2024 Financial GrowthOwnership Overview
27.44% Insiders
8.00% Mutual Funds
10.47% Other Institutional Investors
47.06% 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 $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 Feb 13, 2025 which is in 53 days.
How were Backblaze’s earnings last quarter?
Backblaze released its earnings results on Nov 07, 2024. The company reported -$0.1 earnings per share for the quarter, beating the consensus estimate of -$0.109 by $0.009.
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 -$0.09.
How many shares outstanding does Backblaze have?
Backblaze has 50,650,000 shares outstanding.
What happened to Backblaze’s price movement after its last earnings report?
Backblaze reported an EPS of -$0.1 in its last earnings report, beating expectations of -$0.109. Following the earnings report the stock price went down -13.711%.
Which hedge fund is a major shareholder of Backblaze?
Among the largest hedge funds holding Backblaze’s share is First Eagle Investment 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:
$11.00 (71.34% Upside)
$11.00 (71.34% Upside)
Blogger Sentiment
Bullish
BLZE Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 31.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 16.7%
Last 30 Days ▲ 16.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.52%
12-Months-Change
Fundamentals
Return on Equity
-100.93%
Trailing 12-Months
Asset Growth
1.11%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue growth, record sales achievements, and strategic partnerships, especially in the AI and Canadian markets. However, the call also noted some challenges with B2 Cloud Storage churn and workforce reductions. On balance, the positive developments and future growth plans outweigh the lowlights.Read More>---
BLZE Stock 12 Month Forecast
Average Price Target
$11.00
▲(71.34% Upside)
Technical Analysis
Best Analysts Covering BLZE
1 Year
1 Year Success Rate
5/11 ratings generated profit
1 Year Average Return
-0.58%
reiterated a buy rating 10 months ago
Copying Erik Suppiger'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 -0.58% per trade.
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