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NASDAQ: BLZE
Backblaze Inc Stock

$9.12+0.01 (+0.11%)
Updated Apr 17, 2024
BLZE Price
$9.12
Fair Value Price
-$7.39
Market Cap
$375.74M
52 Week Low
$3.70
52 Week High
$12.65
P/E
-5.49x
P/B
8.36x
P/S
2.68x
PEG
N/A
Dividend Yield
N/A
Revenue
$102.02M
Earnings
-$59.71M
Gross Margin
48.9%
Operating Margin
-54.81%
Profit Margin
-58.5%
Debt to Equity
1.93
Operating Cash Flow
-$7M
Beta
1.65
Next Earnings
May 7, 2024
Ex-Dividend
N/A
Next Dividend
N/A

BLZE Overview

Backblaze, Inc. is a cloud storage and data backup company. As an infrastructure as a service provider, it iofferssoftware integration for different kinds of businesses and competesdirectly with Amazon S3, Microsoft Azure, and Google Cloud. Backblaze was founded in 2007 and is headquartered in San Mateo, CA.

Zen Score

Industry Average (30)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how BLZE scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

BLZE ($9.12) is overvalued by 223.38% relative to our estimate of its Fair Value price of -$7.39 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
BLZE ($9.12) is not significantly undervalued (223.38%) relative to our estimate of its Fair Value price of -$7.39 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
BLZE is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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BLZE News

Valuation

BLZE fair value

Fair Value of BLZE stock based on Discounted Cash Flow (DCF)
Price
$9.12
Fair Value
-$7.39
Undervalued by
223.38%
BLZE ($9.12) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
BLZE ($9.12) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
BLZE is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

BLZE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-5.49x
Industry
77.26x
Market
41.64x

BLZE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
8.36x
Industry
11.81x
BLZE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

BLZE's financial health

Profit margin

Revenue
$28.7M
Net Income
-$12.2M
Profit Margin
-42.5%
BLZE's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
BLZE's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$131.7M
Liabilities
$86.7M
Debt to equity
1.93
BLZE's short-term liabilities ($57.09M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
BLZE's short-term assets ($38.51M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
BLZE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$3.2M
Investing
-$423.0k
Financing
-$1.3M
BLZE's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

BLZE vs Software Infrastructure Stocks

TickerMarket Cap1d %P/EP/B
BLZE$375.74M+0.11%-5.49x8.36x
OSPN$372.61M-0.40%-13.32x2.34x
RXT$334.03M-3.80%-0.39x-2.16x
BAND$450.81M+0.23%-26.81x1.52x
CGNT$471.42M-1.04%-30.18x2.38x

Backblaze Stock FAQ

What is Backblaze's quote symbol?

(NASDAQ: BLZE) Backblaze trades on the NASDAQ under the ticker symbol BLZE. Backblaze stock quotes can also be displayed as NASDAQ: BLZE.

If you're new to stock investing, here's how to buy Backblaze stock.

What is the 52 week high and low for Backblaze (NASDAQ: BLZE)?

(NASDAQ: BLZE) Backblaze's 52-week high was $12.65, and its 52-week low was $3.70. It is currently -27.91% from its 52-week high and 146.49% from its 52-week low.

How much is Backblaze stock worth today?

(NASDAQ: BLZE) Backblaze currently has 41,200,000 outstanding shares. With Backblaze stock trading at $9.12 per share, the total value of Backblaze stock (market capitalization) is $375.74M.

Backblaze stock was originally listed at a price of $19.90 in Nov 11, 2021. If you had invested in Backblaze stock at $19.90, your return over the last 2 years would have been -54.17%, for an annualized return of -32.3% (not including any dividends or dividend reinvestments).

How much is Backblaze's stock price per share?

(NASDAQ: BLZE) Backblaze stock price per share is $9.12 today (as of Apr 17, 2024).

What is Backblaze's Market Cap?

(NASDAQ: BLZE) Backblaze's market cap is $375.74M, as of Apr 18, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Backblaze's market cap is calculated by multiplying BLZE's current stock price of $9.12 by BLZE's total outstanding shares of 41,200,000.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.