Backblaze, Inc.
General ticker "BLZE" information:
- Sector: Information Technology
- Industry: Software - Infrastructure
- Capitalization: $338.5M (TTM average)
Backblaze, Inc. follows the US Stock Market performance with the rate: 38.1%.
Estimated limits based on current volatility of 2.3%: low 4.82$, high 5.05$
Factors to consider:
- Total employees count: 346 (-9.2%) as of 2024
- US accounted for 73.9% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Cybersecurity threats, Supply chain disruptions, History of losses, Strategic risks and growth management, Software defects
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [4.27$, 8.51$]
- 2025-12-31 to 2026-12-31 estimated range: [4.26$, 8.52$]
Financial Metrics affecting the BLZE estimates:
- Negative: with PPE of -15.4 at the end of fiscal year the price was high
- Negative: negative Operating income
- Positive: -0.04 < Industry operating cash flow per share per price (median), % of 1.68
- Positive: 0.04 < Operating cash flow per share per price, % of 4.55
- Positive: Interest expense per share per price, % of 1.33 <= 3.31
- Positive: -4.41 < Investing cash flow per share per price, % of -2.23
- Positive: 42.53 < Shareholder equity ratio, % of 46.05 <= 64.17
- Positive: Industry inventory ratio change (median), % of -0.81 <= -0.18
- Positive: -9.48 < Industry operating profit margin (median), % of -3.62
Short-term BLZE quotes
Long-term BLZE plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $85.16MM | $102.02MM | $127.63MM |
| Operating Expenses | $133.27MM | $159.92MM | $173.92MM |
| Operating Income | $-48.11MM | $-57.91MM | $-46.29MM |
| Non-Operating Income | $-3.32MM | $-1.81MM | $-2.24MM |
| Interest Expense | $4.29MM | $3.79MM | $3.66MM |
| R&D Expense | $33.11MM | $39.53MM | $42.10MM |
| Income(Loss) | $-51.44MM | $-59.71MM | $-48.52MM |
| Taxes | $-0.04MM | $0.00MM | $0.01MM |
| Profit(Loss)* | $-51.40MM | $-59.71MM | $-48.53MM |
| Stockholders Equity | $68.75MM | $44.94MM | $77.62MM |
| Assets | $152.46MM | $131.69MM | $168.56MM |
| Operating Cash Flow | $-13.78MM | $-7.35MM | $12.51MM |
| Capital expenditure | $15.98MM | $20.23MM | $1.71MM |
| Investing Cash Flow | $-73.85MM | $21.66MM | $-6.13MM |
| Financing Cash Flow | $-6.21MM | $-8.84MM | $22.77MM |
| Earnings Per Share** | $-1.62 | $-1.66 | $-1.11 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.