BLZE:NSD-Backblaze Inc (USD)

COMMON STOCK | Software-Infrastructure | NSD

Last Closing Price

USD 7.60

Change

0.00 (0.00)%

Market Cap

USD 0.24B

Volume

0.16M

Avg Analyst Target

USD 17.90 (+135.53%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


BLZE Stock Forecast & Price:
Based on the Backblaze Inc stock forecasts from 3 analysts, the average analyst target price for Backblaze Inc is USD 17.90 over the next 12 months. Backblaze Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Backblaze Inc is Slightly Bearish, which is based on 2 positive signals and 3 negative signals. At the last closing, Backblaze Inc’s stock price was USD 7.60. Backblaze Inc’s stock price has changed by +15.15% over the past week, +50.79% over the past month and 0% over the last year.

About Backblaze Inc (BLZE:NSD)

Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-08-14 )

Largest Industry Peers for Software-Infrastructure

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
MSFT Microsoft Corporation

N/A

USD2,177.03B 30.25 21.08
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USD208.57B 42.49 30.33
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PANW Palo Alto Networks Inc

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USD52.85B N/A 829.94
CRWD Crowdstrike Holdings Inc

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USD46.62B N/A -825.07
FTNT Fortinet Inc

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USD42.81B 67.86 50.59
ZS Zscaler Inc

N/A

USD25.91B N/A -91.76
MDB MongoDB

N/A

USD25.82B N/A -88.02
VRSN VeriSign Inc

N/A

USD21.16B 27.25 23.29
SPLK Splunk Inc

N/A

USD18.47B N/A -22.75

ETFs Containing BLZE

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Software-Infrastructure)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -55.00% 18% F 19% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -55.00% 18% F 19% F
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A N/A
Risk Adjusted Return N/A N/A N/A N/A N/A
Market Capitalization 0.24B 24% F 42% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Infrastructure)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio N/A N/A N/A N/A N/A
Price/Book Ratio 2.81 68% D+ 34% F
Price / Cash Flow Ratio 68.30 18% F 5% F
EV/EBITDA -10.16 74% C 85% B
Management Effectiveness  
Return on Equity -105.52% 17% F 12% F
Return on Invested Capital 836.13% 97% A+ 99% A+
Return on Assets -20.45% 16% F 21% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 1.52 89% B+ 72% C-
Short Percent 2.97% 60% D- 48% F
Beta N/A N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Positive cash flow

The company had positive total cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.