Backblaze, Inc. (BLZE)

Market Cap	254.67M
Revenue (ttm)	127.63M
Net Income (ttm)	-48.53M
Shares Out	54.30M
EPS (ttm)	-1.11
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	358,791
Open	4.765
Previous Close	4.690
Day's Range	4.540 - 4.765
52-Week Range	4.070 - 10.000
Beta	1.02
Analysts	Strong Buy
Price Target	10.83 (+132.65%)
Earnings Date	May 7, 2025

About BLZE

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 provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. In addition, the company offers cloud storage solutions for a range of cases, such as public, hybrid, and multi-cloud d...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Nov 11, 2021
• Employees: 346
• Stock Exchange: NASDAQ
• Ticker Symbol: BLZE
• Website: https://www.backblaze.com

Financial Performance

In 2024, Backblaze's revenue was $127.63 million, an increase of 25.10% compared to the previous year's $102.02 million. Losses were -$48.53 million, -18.73% less than in 2023.

Analyst Forecast

According to 6 analysts, the average rating for BLZE stock is "Strong Buy." The 12-month stock price forecast is $10.83, which is an increase of 132.65% from the latest price.

Price Target

$10.83

(132.65% upside)

Analyst Consensus: Strong Buy