(BLZE) Backblaze - Ratings and Ratios
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US05637B1052
BLZE: Cloud Storage, Computer Backup, Data Protection
Backblaze Inc. (NASDAQ:BLZE) operates as a cloud storage platform delivering scalable solutions for data storage, protection, and utilization. The company serves businesses and individuals across the U.S., Canada, and international markets through its web-scale infrastructure built on commodity hardware. Its primary offerings include Backblaze B2 Cloud Storage, an IaaS platform enabling data storage, application development, and multi-cloud solutions, and Backblaze Computer Backup, a SaaS-based solution for automated data protection. These services cater to a wide range of use cases, including hybrid and multi-cloud storage, DevOps, content delivery, ransomware protection, media management, and AI/ML repositories. The company competes in the public cloud IaaS storage and Data-Protection-as-a-Service markets. Founded in 2007, Backblaze is headquartered in San Mateo, California.
Backblazes infrastructure is designed for cost efficiency and scalability, leveraging commodity hardware to reduce operational expenses. Its B2 Cloud Storage is particularly popular among developers and businesses seeking affordable and flexible cloud storage solutions. The platform supports integration with third-party applications and services, enhancing its utility for diverse use cases. Additionally, Backblaze Computer Backup provides end-to-end data protection for laptops and desktops, offering features like ransomware recovery, remote access, and theft protection. The companys focus on simplicity, affordability, and reliability has positioned it as a key player in the cloud storage and data protection markets.
Over the next three months, Backblaze Inc. (NASDAQ:BLZE) is expected to experience moderate volatility, driven by technical and fundamental factors. Based on the provided data, the stock is currently trading below its 20-day SMA (6.85) and slightly above its 200-day SMA (6.49), indicating a neutral to bearish short-term trend. The 50-day SMA (6.54) is marginally above the current price, suggesting potential resistance at this level. The ATR of 0.36 indicates moderate price movement expectations.
From a fundamental perspective, Backblazes high P/S ratio (3.03) reflects strong revenue growth expectations, while the elevated P/B ratio (8.97) highlights investor confidence in the companys growth prospects. However, the lack of profitability (P/E: 0.00) may weigh on investor sentiment. The 3-month outlook suggests the stock could face headwinds if revenue growth slows or if the company fails to demonstrate a clear path to profitability. Support levels may emerge near $6.20, while resistance is likely at $6.80. Investors should monitor earnings reports and market sentiment closely during this period.
Additional Sources for BLZE Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
BLZE Stock Overview
Market Cap in USD | 281m |
Sector | Technology |
Industry | Software - Infrastructure |
GiC Sub-Industry | Application Software |
IPO / Inception | 2021-11-11 |
BLZE Stock Ratings
Growth 5y | -45.3% |
Fundamental | -4.45% |
Dividend | 0.0% |
Rel. Strength Industry | -49.5 |
Analysts | 4.83/5 |
Fair Price Momentum | 4.54 USD |
Fair Price DCF | 0.30 USD |
BLZE Dividends
No Dividends PaidBLZE Growth Ratios
Growth Correlation 3m | -24.8% |
Growth Correlation 12m | -35.1% |
Growth Correlation 5y | -9.2% |
CAGR 5y | -31.97% |
CAGR/Max DD 5y | -0.36 |
Sharpe Ratio 12m | 0.36 |
Alpha | -59.63 |
Beta | 1.26 |
Volatility | 78.03% |
Current Volume | 492.1k |
Average Volume 20d | 702k |
As of March 18, 2025, the stock is trading at USD 5.50 with a total of 492,056 shares traded.
Over the past week, the price has changed by +10.44%, over one month by -26.57%, over three months by -19.47% and over the past year by -46.96%.
Neither. Based on ValueRay Fundamental Analyses, Backblaze is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -4.45 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BLZE as of March 2025 is 4.54. This means that BLZE is currently overvalued and has a potential downside of -17.45%.
Backblaze has received a consensus analysts rating of 4.83. Therefor, it is recommend to buy BLZE.
- Strong Buy: 5
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, BLZE Backblaze will be worth about 5.2 in March 2026. The stock is currently trading at 5.50. This means that the stock has a potential downside of -5.09%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 11.7 | 112.7% |
Analysts Target Price | 12.6 | 128.5% |
ValueRay Target Price | 5.2 | -5.1% |