Backblaze, Inc.
General ticker "BLZE" information:
- Sector: Information Technology
- Industry: Software - Infrastructure
- Capitalization: $338.5M (TTM average)
Backblaze, Inc. follows the US Stock Market performance with the rate: 29.2%.
Estimated limits based on current volatility of 3.2%: low 3.66$, high 3.90$
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
- Current price 21.0% below estimated low
- Earnings for 12 months up through Q4 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: [4.73$, 9.02$]
- 2025-12-31 to 2026-12-31 estimated range: [4.75$, 9.08$]
Financial Metrics affecting the BLZE estimates:
- Negative: with PPE of -15.5 at the end of fiscal year the price was high
- Negative: negative Operating income
- Positive: 42.68 < Shareholder equity ratio, % of 46.05 <= 64.29
- Positive: Industry inventory ratio change (median), % of -0.81 <= -0.16
- Positive: -0.01 < Industry operating cash flow per share per price (median), % of 1.80
- Positive: -4.43 < Investing cash flow per share per price, % of -2.21
Short-term BLZE quotes
Long-term BLZE plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $102.02MM | $127.63MM | $145.84MM |
| Operating Expenses | $159.92MM | $173.92MM | $165.99MM |
| Operating Income | $-57.91MM | $-46.29MM | $-20.15MM |
| Non-Operating Income | $-1.81MM | $-2.24MM | $-5.37MM |
| Interest Expense | $3.79MM | $3.66MM | $3.87MM |
| R&D Expense | $39.53MM | $42.10MM | $46.11MM |
| Income(Loss) | $-59.71MM | $-48.52MM | $-25.53MM |
| Taxes | $0.00MM | $0.01MM | $0.08MM |
| Profit(Loss)* | $-59.71MM | $-48.53MM | $-25.61MM |
| Stockholders Equity | $44.94MM | $77.62MM | $83.22MM |
| Assets | $131.69MM | $168.56MM | $191.83MM |
| Operating Cash Flow | $-7.35MM | $12.51MM | $23.54MM |
| Capital expenditure | $20.23MM | $1.71MM | $4.69MM |
| Investing Cash Flow | $21.66MM | $-6.13MM | $-25.34MM |
| Financing Cash Flow | $-8.84MM | $22.77MM | $-14.80MM |
| Earnings Per Share** | $-1.66 | $-1.11 | $-0.46 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.