Logo image of BLZE

BACKBLAZE INC-A (BLZE) Stock Price, Quote, News and Overview

NASDAQ:BLZE - Nasdaq - US05637B1052 - Common Stock - Currency: USD

7.21  -0.24 (-3.22%)

After market: 7.3 +0.09 (+1.25%)

BLZE Quote, Performance and Key Statistics

BACKBLAZE INC-A

NASDAQ:BLZE (2/21/2025, 8:03:48 PM)

After market: 7.3 +0.09 (+1.25%)

7.21

-0.24 (-3.22%)

Sector
GICS SectorInformation Technology
GICS IndustryIT Services
GICS IndustryGroupSoftware & Services
GICS SubIndustryInternet Services & Infrastructure
Statistics
52 Week High12.65
52 Week Low4.91
Market Cap364.25M
Shares50.52M
Float38.98M
Yearly DividendN/A
Dividend YieldN/A
PEN/A
Fwd PEN/A
Earnings (Next)02-25 2025-02-25/amc
IPO11-11 2021-11-11


BLZE short term performance overview.The bars show the price performance of BLZE in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 5 10 15

BLZE long term performance overview.The bars show the price performance of BLZE in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 20 -20

The current stock price of BLZE is 7.21 USD. In the past month the price increased by 13.9%. In the past year, price decreased by -27.54%.

BACKBLAZE INC-A / BLZE Daily stock chart

BLZE Competitors/Peers

The largest stocks on the US markets in the "Internet Services & Infrastructure" sub-industry
Full List
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TA
FA
PE
Market Cap
SHOP SHOPIFY INC - CLASS A 96.3 149.63B
SNOW SNOWFLAKE INC-CLASS A 204.47 58.72B
NET CLOUDFLARE INC - CLASS A 202.61 52.40B
GDDY GODADDY INC - CLASS A 26.69 24.40B
VRSN VERISIGN INC 28.98 22.03B
MDB MONGODB INC 84.6 20.35B
TWLO TWILIO INC - A 30.98 17.53B
OKTA OKTA INC 34.74 15.89B
AKAM AKAMAI TECHNOLOGIES INC 11.86 11.53B
WIX WIX.COM LTD 31 10.86B
GDS GDS HOLDINGS LTD - ADR N/A 8.70B
KC KINGSOFT CLOUD HOLDINGS-ADR N/A 4.91B

About BLZE

Company Profile

BLZE logo image Backblaze, Inc. operates as a cloud provider for businesses and consumers to store, use, and protect their data. The company is headquartered in San Mateo, California and currently employs 381 full-time employees. The company went IPO on 2021-11-11. The firm offers two cloud services on its storage cloud: Backblaze B2 Cloud Storage and Backblaze Computer Backup. The Backblaze B2 Cloud Storage enables customers to store data, developers to build applications, and partners to expand their use cases. The amount of data stored in this cloud service can scale up and down as needed on a pay-as-you-go basis, or can be paid for on a capacity basis for greater predictability, which it refers to as its B2 Reserve offering. This Infrastructure-as-a-Service enables use cases including backups, ransomware protection, and storage for artificial intelligence and machine learning workflows. The Backblaze Computer Backup automatically backs up data from laptops and desktops for businesses and individuals. This service is offered as a subscription-based Software-as-a-Service. With over two billion gigabytes of data storage under management, it works with customers in 175 countries.

Company Info

BACKBLAZE INC-A

201 Baldwin Avenue

San Mateo CALIFORNIA US

Employees: 381

Company Website: https://www.backblaze.com/

Investor Relations: https://ir.backblaze.com/financial-information/annual-reports

Phone: 16503523738

BACKBLAZE INC-A / BLZE FAQ

What is the stock price of BACKBLAZE INC-A today?

The current stock price of BLZE is 7.21 USD. The price decreased by -3.22% in the last trading session.


What is the ticker symbol for BACKBLAZE INC-A stock?

The exchange symbol of BACKBLAZE INC-A is BLZE and it is listed on the Nasdaq exchange.


On which exchange is BLZE stock listed?

BLZE stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for BACKBLAZE INC-A stock?

12 analysts have analysed BLZE and the average price target is 12.83 USD. This implies a price increase of 77.97% is expected in the next year compared to the current price of 7.21. Check the BACKBLAZE INC-A stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is BACKBLAZE INC-A worth?

BACKBLAZE INC-A (BLZE) has a market capitalization of 364.25M USD. This makes BLZE a Small Cap stock.


How many employees does BACKBLAZE INC-A have?

BACKBLAZE INC-A (BLZE) currently has 381 employees.


What are the support and resistance levels for BACKBLAZE INC-A (BLZE) stock?

BACKBLAZE INC-A (BLZE) has a support level at 7.2 and a resistance level at 7.35. Check the full technical report for a detailed analysis of BLZE support and resistance levels.


Is BACKBLAZE INC-A (BLZE) expected to grow?

The Revenue of BACKBLAZE INC-A (BLZE) is expected to grow by 25.75% in the next year. Check the estimates tab for more information on the BLZE EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy BACKBLAZE INC-A (BLZE) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does BACKBLAZE INC-A (BLZE) stock pay dividends?

BLZE does not pay a dividend.


When does BACKBLAZE INC-A (BLZE) report earnings?

BACKBLAZE INC-A (BLZE) will report earnings on 2025-02-25, after the market close.


What is the Price/Earnings (PE) ratio of BACKBLAZE INC-A (BLZE)?

BACKBLAZE INC-A (BLZE) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.98).


What is the Short Interest ratio of BACKBLAZE INC-A (BLZE) stock?

The outstanding short interest for BACKBLAZE INC-A (BLZE) is 1.31% of its float. Check the ownership tab for more information on the BLZE short interest.


BLZE Technical Analysis

ChartMill assigns a technical rating of 7 / 10 to BLZE. When comparing the yearly performance of all stocks, BLZE is a bad performer in the overall market: 72.33% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating

BLZE Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to BLZE. Both the profitability and financial health of BLZE have multiple concerns.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

BLZE Financial Highlights

Over the last trailing twelve months BLZE reported a non-GAAP Earnings per Share(EPS) of -0.98. The EPS increased by 45.56% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -34.03%
ROE -108.24%
Debt/Equity 0.39
Chartmill High Growth Momentum
EPS Q2Q%34.09%
Sales Q2Q%28.82%
EPS 1Y (TTM)45.56%
Revenue 1Y (TTM)27.41%

BLZE Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 85% to BLZE. The Buy consensus is the average rating of analysts ratings from 12 analysts.

For the next year, analysts expect an EPS growth of 35.18% and a revenue growth 25.75% for BLZE


Ownership
Inst Owners38.23%
Ins Owners4.72%
Short Float %1.31%
Short Ratio1.75
Analysts
Analysts85
Price Target12.83 (77.95%)
EPS Next Y35.18%
Revenue Next Year25.75%