Backblaze, Inc. (BLZE)

$7.31

-0.03

(-0.41%)

Live

Performance

  • $7.31
    $7.55
    $7.31
    downward going graph

    0.0%

    Downside

    Day's Volatility :3.18%

    Upside

    3.18%

    downward going graph
  • $4.80
    $12.65
    $7.31
    downward going graph

    34.34%

    Downside

    52 Weeks Volatility :62.06%

    Upside

    42.21%

    downward going graph

Returns

PeriodBackblaze, Inc.Sector (Technology)Index (Russel 2000)
3 Months
13.1%
4.5%
0.0%
6 Months
-20.82%
19.9%
0.0%
1 Year
43.36%
40.9%
0.0%
3 Years
-63.12%
45.3%
-23.0%

Highlights

Market Capitalization
306.2M
Book Value
$1.05
Earnings Per Share (EPS)
-1.27
Wall Street Target Price
12.96
Profit Margin
-43.08%
Operating Margin TTM
-31.35%
Return On Assets TTM
-22.52%
Return On Equity TTM
-100.05%
Revenue TTM
115.3M
Revenue Per Share TTM
3.6
Quarterly Revenue Growth YOY
27.200000000000003%
Gross Profit TTM
43.9M
EBITDA
-25.3M
Diluted Eps TTM
-1.27
Quarterly Earnings Growth YOY
0.0
EPS Estimate Current Year
-0.97
EPS Estimate Next Year
-0.81
EPS Estimate Current Quarter
-0.27
EPS Estimate Next Quarter
-0.26

Analyst Recommendation

Buy
    92%Buy
    7%Hold
    0
    0%Sell
Based on 13 Wall street analysts offering stock ratings for Backblaze, Inc.(by analysts ranked 0 to 5 stars)
Based on 13 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
12
12
12
Hold
1
1
1
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 77.29%

Current $7.31
Target $12.96

Company Financials

FY19Y/Y Change
Revenue
40.7M
-
Net Income
-996.0K
-
Net Profit Margin
-2.44%
-
FY20Y/Y Change
Revenue
53.8M
↑ 31.99%
Net Income
-6.6M
↑ 564.96%
Net Profit Margin
-12.31%
↓ 9.87%
FY21Y/Y Change
Revenue
67.5M
↑ 25.46%
Net Income
-21.7M
↑ 227.71%
Net Profit Margin
-32.16%
↓ 19.85%
FY22Y/Y Change
Revenue
85.2M
↑ 26.19%
Net Income
-51.7M
↑ 138.2%
Net Profit Margin
-60.71%
↓ 28.55%
FY23Y/Y Change
Revenue
102.0M
↑ 19.8%
Net Income
-59.7M
↑ 15.5%
Net Profit Margin
-58.53%
↑ 2.18%
Q1 FY23Q/Q Change
Revenue
23.4M
↑ 2.04%
Net Income
-18.3M
↑ 24.04%
Net Profit Margin
-78.43%
↓ 13.91%
Q2 FY23Q/Q Change
Revenue
24.6M
↑ 5.11%
Net Income
-14.3M
↓ 21.86%
Net Profit Margin
-58.31%
↑ 20.12%
Q3 FY23Q/Q Change
Revenue
25.3M
↑ 2.89%
Net Income
-16.1M
↑ 11.98%
Net Profit Margin
-63.46%
↓ 5.15%
Q4 FY23Q/Q Change
Revenue
28.7M
↑ 13.59%
Net Income
-11.4M
↓ 29.26%
Net Profit Margin
-39.52%
↑ 23.94%
Q1 FY24Q/Q Change
Revenue
30.0M
↑ 4.28%
Net Income
-11.1M
↓ 2.69%
Net Profit Margin
-36.88%
↑ 2.64%
Q2 FY24Q/Q Change
Revenue
31.3M
↑ 4.39%
Net Income
-10.3M
↓ 6.38%
Net Profit Margin
-33.08%
↑ 3.8%
FY19Y/Y Change
Total Assets
38.6M
-
Total Liabilities
41.2M
-
FY20Y/Y Change
Total Assets
54.5M
↑ 41.02%
Total Liabilities
61.3M
↑ 48.74%
FY21Y/Y Change
Total Assets
163.6M
↑ 200.32%
Total Liabilities
68.1M
↑ 11.07%
FY22Y/Y Change
Total Assets
150.9M
↓ 7.74%
Total Liabilities
82.4M
↑ 20.94%
FY23Y/Y Change
Total Assets
131.7M
↓ 12.74%
Total Liabilities
86.7M
↑ 5.34%
Q1 FY23Q/Q Change
Total Assets
142.9M
↓ 5.29%
Total Liabilities
82.4M
↑ 0.0%
Q2 FY23Q/Q Change
Total Assets
134.6M
↓ 5.86%
Total Liabilities
80.4M
↓ 2.41%
Q3 FY23Q/Q Change
Total Assets
134.7M
↑ 0.14%
Total Liabilities
87.4M
↑ 8.74%
Q4 FY23Q/Q Change
Total Assets
131.7M
↓ 2.27%
Total Liabilities
86.7M
↓ 0.73%
Q1 FY24Q/Q Change
Total Assets
131.9M
↑ 0.15%
Total Liabilities
84.4M
↓ 2.67%
Q2 FY24Q/Q Change
Total Assets
127.8M
↓ 3.12%
Total Liabilities
82.7M
↓ 2.08%
FY19Y/Y Change
Operating Cash Flow
13.2M
-
Investing Cash Flow
-3.2M
-
Financing Cash Flow
-7.7M
-
FY20Y/Y Change
Operating Cash Flow
12.8M
↓ 2.91%
Investing Cash Flow
-5.0M
↑ 53.87%
Financing Cash Flow
-8.7M
↑ 13.13%
FY21Y/Y Change
Operating Cash Flow
3.5M
↓ 72.54%
Investing Cash Flow
-11.2M
↑ 125.02%
Financing Cash Flow
106.6M
↓ 1318.63%
FY22Y/Y Change
Operating Cash Flow
-13.8M
↓ 491.51%
Investing Cash Flow
-73.9M
↑ 560.0%
Financing Cash Flow
-6.2M
↓ 105.83%
Q1 FY23Q/Q Change
Operating Cash Flow
-5.2M
↑ 65.37%
Investing Cash Flow
7.3M
↓ 161.48%
Financing Cash Flow
-1.8M
↑ 32.48%
Q2 FY23Q/Q Change
Operating Cash Flow
-5.2M
↑ 0.89%
Investing Cash Flow
9.7M
↑ 32.96%
Financing Cash Flow
-2.1M
↑ 19.48%

Technicals Summary

Sell

Neutral

Buy

Backblaze, Inc. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Backblaze, Inc.
Backblaze, Inc.
21.52%
-20.82%
43.36%
-63.12%
-63.12%
Microsoft Corporation
Microsoft Corporation
-3.54%
4.29%
26.98%
34.56%
202.07%
Palantir Technologies Inc
Palantir Technologies Inc
13.23%
104.91%
165.25%
73.41%
352.32%
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
8.91%
33.07%
52.26%
121.36%
429.74%
Adobe Systems Inc.
Adobe Systems Inc.
-6.25%
6.0%
-8.42%
-22.51%
85.47%
Oracle Corp.
Oracle Corp.
5.27%
52.53%
68.52%
81.4%
216.87%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Backblaze, Inc.
Backblaze, Inc.
NA
NA
NA
-0.97
-1.0
-0.23
NA
1.05
Microsoft Corporation
Microsoft Corporation
35.26
35.26
2.25
11.8
0.37
0.15
0.01
36.12
Palantir Technologies Inc
Palantir Technologies Inc
247.06
247.06
2.17
0.35
0.11
0.04
NA
1.81
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
51.35
51.35
2.73
5.57
0.75
0.03
NA
15.9
Adobe Systems Inc.
Adobe Systems Inc.
42.07
42.07
1.63
18.28
0.35
0.16
NA
32.69
Oracle Corp.
Oracle Corp.
45.02
45.02
2.13
5.59
1.56
0.07
0.01
3.9
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Backblaze, Inc.
Backblaze, Inc.
Buy
$306.2M
-63.12%
NA
-43.08%
Microsoft Corporation
Microsoft Corporation
Buy
$3.1T
202.07%
35.26
35.96%
Palantir Technologies Inc
Palantir Technologies Inc
Hold
$94.1B
352.32%
247.06
16.32%
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
Buy
$122.0B
429.74%
51.35
32.11%
Adobe Systems Inc.
Adobe Systems Inc.
Buy
$218.7B
85.47%
42.07
25.59%
Oracle Corp.
Oracle Corp.
Buy
$484.1B
216.87%
45.02
20.4%

Insights on Backblaze, Inc.

  • Increasing Revenue

    Revenue is up for the last 16 quarters, 13.81M → 31.28M (in $), with an average increase of 5.3% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 4 quarters, -16.05M → -10.34M (in $), with an average increase of 17.0% per quarter

  • Vs PLTR

    In the last 1 year, Palantir Technologies Inc has given 166.7% return, outperforming this stock by 119.0%

Institutional Holdings

  • BlackRock Inc

    6.06%
  • Vanguard Group Inc

    4.12%
  • Whetstone Capital Advisors, LLC

    3.73%
  • Arnhold & S. Bleichroeder Advisers, LLC

    2.55%
  • Geode Capital Management, LLC

    1.97%
  • Millennium Management LLC

    1.51%

Company Information

backblaze provides the lowest cost cloud storage and cloud backup services worldwide. $5/month for unlimited backup of your mac or pc for individuals and businesses. $0.005/gb/month for cloud storage; ideal for developers and it.

Organization
Backblaze, Inc.
Employees
381
CEO
Mr. Casey Jones
Industry
Technology

FAQs