How to Buy Backblaze Stock
Backblaze Inc
Backblaze, Inc. , a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally.
Backblaze stock last closed at $5.11, up 1.39% from the previous day, and has decreased 13.39% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.29 percentage points. Backblaze stock is currently +29.7% from its 52-week low of $3.94, and -36.76% from its 52-week high of $8.08.
There are currently 54.9M shares of BLZE outstanding. The market value of BLZE is $280.54M. In the last 24 hours, 309,000 BLZE shares were traded.
How to Buy Backblaze Stock
Wondering how to invest in Backblaze stock? Here's how.
- Decide where to buy Backblaze stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Backblaze stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your information.
- Analyze Backblaze stock: The Backblaze ticker symbol is BLZE. Is Backblaze stock a good investment? Should you buy shares of BLZE? How do BLZE's underlying business fundamentals look? Do top analysts think Backblaze is a good buy? Why has BLZE's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if BLZE is a good stock to buy).
- Place your BLZE trade: Decide if you will purchase BLZE shares at the current market price or use a limit order to buy BLZE stock at a specific price.
- Get key alerts regarding your BLZE investment: Create a watchlist to watch your position in Backblaze stock.
Step 1: Decide where to buy Backblaze stock
You need an online brokerage account in order to access the NASDAQ market and buy BLZE shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global markets: From Tech to Financial Services, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy BLZE today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on apps for stock market, you need to deposit funds:
Check out the walkthrough below for more details transferring money into your investment account.
Step 4: Analyze Backblaze stock
Once you have selected the best place to buy Backblaze stock, it's critical to research their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Backblaze quick stats
Backblaze Overview
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on BLZE's stock page.
Is BLZE stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BLZE's fair value.
Using relative valuations measures:
- BLZE may be undervalued based on its P/B ratio of 3.61x, relative to Software - Infrastructure industry P/B ratio of 12.05x
You can access additional valuation analysis on BLZE's stock here.
A look at BLZE Cashflows and Balance Sheet
Pros:
- There are more short-term assets than short-term liabilities on the BLZE balance sheet.
- BLZE's operating cash flow of $14.03M allows it to safely service it's debt of $47.84M.
- There are more short-term assets than long-term liabilities on the BLZE balance sheet.
Cons:
- BLZE has a relatively high debt to equity ratio of 1.19.
- BLZE profit margin has gone up by 0.14 percentage points in the past year, but the company is still unprofitable.
- BLZE earnings of -$43.13M is not enough to cover its interest payments.
Is BLZE stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Wall Street analysts who research BLZE, the consensus analyst rating on Backblaze is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Backblaze stock forecast page.
BLZE Technical Indicators
Is BLZE Growing Revenue?
Last year, BLZE revenue was $132.27M. In the past three year, BLZE's revenue has gone up by 94.57% per year. This was faster than the Software - Infrastructure industry average of 17.25%.
You can research BLZE's earnings and revenue performance here.
Latest Insiders Trades at BLZE
In the last year, insiders at BLZE have sold more shares than they have bought.
Gleb Budman, CEO and Chairperson of BLZE, was the latest BLZE insider to sell. They sold $104,377.39 worth of BLZE stock on May 20, 2025.
Dig into more about who owns BLZE stock here.
Can I get consistent income from BLZE stock?
No, Backblaze doesn't provide an income stream by paying out dividends.
What others are saying about BLZE
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your BLZE trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, use a limit order.
Click the Open Trade button and eToro will place your order.
If you need more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your BLZE investment
Now that you own some shares in BLZE, you'll want to keep up with your investment.
Create a watchlist to track your BLZE stock.
BLZE Feed
How to Buy Stock in Backblaze
To reiterate, here are the 6 steps for buying Backblaze stock:
- Decide where to buy Backblaze stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Backblaze stock
- Place your BLZE trade
- Get key alerts regarding your BLZE investment
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Backblaze, add BLZE to your watchlist below.
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