Backblaze, Inc.
General ticker "BLZE" information:
- Sector: Information Technology
- Industry: Software - Infrastructure
- Capitalization: $323.4M (TTM average)
Backblaze, Inc. follows the US Stock Market performance with the rate: 16.5%.
Estimated limits based on current volatility of 8.4%: low 8.12$, high 9.07$
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
- Earnings for 15 months up through Q1 (+1 year) 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: [5.09$, 9.48$]
- 2025-12-31 to 2026-12-31 estimated range: [5.24$, 9.76$]
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: Interest expense per share per price, % of 1.32 <= 3.31
- Positive: -0.02 < Operating cash flow per share per price, % of 4.52
- Positive: 42.59 < Shareholder equity ratio, % of 46.05 <= 64.29
- Negative: negative Net income
- Positive: -4.41 < Investing cash flow per share per price, % of -2.21
- Positive: -0.03 < Industry operating cash flow per share per price (median), % of 1.94
- Positive: -9.55 < Industry operating profit margin (median), % of -3.86
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 | $169.46MM |
| Operating Income | $-57.91MM | $-46.29MM | $-23.62MM |
| Non-Operating Income | $-1.81MM | $-2.24MM | $-1.91MM |
| 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 |
| Net Income(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.