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Backblaze (BLZE)
NASDAQ:BLZE
Backblaze (BLZE) Stock Price & Analysis
243 Followers
BLZE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.50 - $12.65
Previous Close$9.08
Volume160.15K
Average Volume (3M)421.10K
Market Cap
$374.10M
Enterprise Value$373.32M
Total Cash (Recent Filing)$29.30M
Total Debt (Recent Filing)$28.52M
Price to Earnings (P/E)-5.5
Beta2.05
Next Earnings
May 02, 2024EPS Estimate
-$0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.65
Shares Outstanding358,572,273
10 Day Avg. Volume209,422
30 Day Avg. Volume421,102
Standard Deviation0.19
R-Squared0.12
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)274.05
Price to Sales (P/S)31.91
Price to Cash Flow (P/CF)261.90
P/FCF Ratio6164.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.66
Enterprise Value/Gross Profit7.49
Enterprise Value/Ebitda-13.22
Forecast
1Y Price Target
$13.13Price Target Upside44.13% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Backblaze News
Ownership Overview
24.97% Insiders
7.03% Mutual Funds
4.66% Other Institutional Investors
63.34% 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 $3.50 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 May 02, 2024 which is in 14 days.
How were Backblaze’s earnings last quarter?
Backblaze released its earnings results on Feb 15, 2024. The company reported -$0.15 earnings per share for the quarter, beating the consensus estimate of -$0.18 by $0.03.
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 -$0.15.
How many shares outstanding does Backblaze have?
Backblaze has 41,200,000 shares outstanding.
What happened to Backblaze’s price movement after its last earnings report?
Backblaze reported an EPS of -$0.15 in its last earnings report, beating expectations of -$0.18. Following the earnings report the stock price went up 45.153%.
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 5M.
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Backblaze Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$13.13 (44.13% Upside)
$13.13 (44.13% Upside)
Blogger Sentiment
Neutral
BLZE Sentiment 50%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 204.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
94.84%
12-Months-Change
Fundamentals
Return on Equity
-103.55%
Trailing 12-Months
Asset Growth
-13.62%
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
Q4 2024
0:00 / 0:00
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BLZE Stock 12 Months Forecast
Average Price Target
$13.13
▲(44.13% Upside)
Technical Analysis
Best Analysts Covering BLZE
1 Year
1 Year Success Rate
10/12 ratings generated profit
1 Year Average Return
+71.82%
assigned a buy rating 11 days ago
Copying Chad Bennett's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +71.82% per trade.
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