Backblaze Inc. (BLZE) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Backblaze Inc. (BLZE:NASDAQ), powered by AI.

Current Price
$7.59
P/E Ratio
-6.8
Market Cap
330M
Sector
Technology
What is the Backblaze Inc. stock price forecast?

Backblaze Inc. is currently trading at $7.59. View real-time AI analysis on Alpha Lenz.

What is Backblaze Inc. insider trading activity?

View the latest insider trading data for Backblaze Inc. on Alpha Lenz.

What is Backblaze Inc.'s P/E ratio?

Backblaze Inc.'s P/E ratio is -6.8.

Backblaze Inc.

NASDAQ · BLZE
$7.59
Ask about Backblaze Inc.'s future dividend policy...
Alpha Chat Insight

Backblaze Inc. trades at a P/E of -6.8 (undervalued) with modest ROE of -79.2%. 3Y revenue CAGR of 23.7% highlights clear growth momentum.

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Company Overview

Backblaze Inc. provides cloud storage and online backup services designed to offer durable and scalable storage solutions. The company's primary function is to deliver cost-effective, easy-to-use, and reliable cloud storage options suited for various uses, including data backup, content distribution, and data archiving. Founded in 2007, Backblaze has positioned itself as an essential player in the cloud services industry by focusing on simplicity and transparency, aiming to demystify cloud storage for businesses and individual users alike. With its various offerings, such as the Backblaze B2 Cloud Storage, the company impacts sectors like technology, media, and entertainment, which require robust data storage solutions. In the financial market, Backblaze's steady growth and innovation underscore its commitment to meeting the evolving needs of data storage markets. Recognized for its competitive pricing and user-centric services, Backblaze contributes significantly to the growing trend of digital transformation across multiple industries.

CEOMr. Gleb Budman
SectorTechnology
IndustrySoftware - Infrastructure
Employees346

Company Statistics

FY 2024

Profile

$330.49MMarket Cap
$127.63MRevenue
0.00Shares Out
346Employees

Margins

54.33%Gross
-14.07%EBITDA
-36.27%Operating
-38.02%Pre-Tax
-38.03%Net

Valuation

-6.81P/E
4.26P/B
2.59EV/Sales
-18.43EV/EBITDA
-197.07P/FCF

Growth (CAGR)

23.67%Rev 3Yr
25.65%Rev 5Yr
N/AOp Inc 3Yr
N/AOp Inc 5Yr
N/ANet Inc 3Yr
N/ANet Inc 5Yr

Returns

-32.33%ROA
-79.20%ROE
-29.89%ROIC

Financial Health

$45.78MCash & Cash Equivalents
$45.16MNet Debt
117.15%Debt/Equity
N/AInterest Cov

Frequently Asked Questions

Backblaze Inc. (ticker: BLZE) is a company listed on NASDAQ in the Technology sector (Software - Infrastructure). It has approximately 346 employees. Market cap is $330M.

The current price is $7.59 with a P/E ratio of -6.81x and P/B of 4.26x.

ROE is -79.20% and operating margin is -36.27%. Annual revenue is $128M.

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Backblaze Inc. (Technology) Stock Forecast & Analysis $7.59 | Alpha Lenz