Backblaze, Inc. Class A Common Stock/BLZE

$6.78

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1D1W1MYTD1YMAX

About Backblaze, Inc. Class A Common Stock

Backblaze, Inc. provides a specialized storage cloud platform. The Company offers two cloud services on its storage cloud: Backblaze B2 Cloud Storage and Backblaze Computer Backup. The Backblaze B2 Cloud Storage enables customers to store data, developers to build applications, and partners to expand their use cases. The amount of data stored in this cloud service can scale up and down as needed on a pay-as-you-go basis, or can be paid for on a capacity basis for greater predictability, which it refers to as its B2 Reserve offering. This Infrastructure-as-a-Service enables use cases including backups, ransomware protection, and storage for artificial intelligence and machine learning workflows. The Backblaze Computer Backup automatically backs up data from laptops and desktops for businesses and individuals. This service is offered as a subscription-based Software-as-a-Service. With over two billion gigabytes of data storage under management, it works with customers in 175 countries.

Ticker

BLZE

Sector

Technology

Trading on

NASDAQ

Industry

Computer Services

CEO

Gleb Budman

Employees

381

Headquarters

San mateo, United States

BLZE Metrics

BasicAdvanced
$278M
Market cap
-
P/E ratio
-$1.44
EPS
-
Beta
-
Dividend rate
$278M
$12.65
$3.50
366K
0.696
34.307
70.873
-24.73%
-39.05%
-99.34%
-64.73%
2.56
5.855
23.196
21.93%
16.12%
23.79%

What the Analysts think about BLZE

Analyst Ratings

Majority rating from 7 analysts.
Buy

Price Targets

Average projection from 7 analysts.
101.03% upside
High $18.00
Low $11.50
$6.78
Current price
$13.63
Average price target

BLZE Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-36.78% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$30M
4.18%
Net income
-$11M
-9.84%
Profit margin
-36.78%
-13.46%

BLZE Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 6.36%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
-$0.41
-$0.44
-$0.30
-$0.27
-
Expected
-$0.43
-$0.37
-$0.37
-$0.29
-$0.27
Surprise
-3.53%
17.86%
-18.92%
-6.36%
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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Backblaze, Inc. Class A Common Stock stock?

Backblaze, Inc. Class A Common Stock (BLZE) has a market cap of $281M as of May 25, 2024.

What is the P/E ratio for Backblaze, Inc. Class A Common Stock stock?

The price to earnings (P/E) ratio for Backblaze, Inc. Class A Common Stock (BLZE) stock is 0 as of May 25, 2024.

Does Backblaze, Inc. Class A Common Stock stock pay dividends?

No, Backblaze, Inc. Class A Common Stock (BLZE) stock does not pay dividends to its shareholders as of May 25, 2024.

When is the next Backblaze, Inc. Class A Common Stock dividend payment date?

Backblaze, Inc. Class A Common Stock (BLZE) stock does not pay dividends to its shareholders.

What is the beta indicator for Backblaze, Inc. Class A Common Stock?

Backblaze, Inc. Class A Common Stock (BLZE) does not currently have a Beta indicator.

What is the Backblaze, Inc. Class A Common Stock stock price target?

The target price for Backblaze, Inc. Class A Common Stock (BLZE) stock is $13.63, which is 104.35% above the current price of $6.67. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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