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Backblaze, Inc. BLZE NASDAQ

NASDAQ Global Market • Technology • Software - Infrastructure • US • USD

SharesGrow Score
54/100
3/7 Pass
SharesGrow Intrinsic Value
$375.16
+10379.3%
Analyst Price Target
$7.00
+95.5%

Backblaze, Inc. (BLZE) is a Software - Infrastructure company in the Technology sector, currently trading at $3.58. It has a SharesGrow Score of 54/100, indicating a mixed investment profile with 3 out of 7 criteria passed.

SharesGrow calculates the intrinsic value of BLZE = $375.16 (+10379.3% from the current price, the stock appears undervalued). Analyst consensus target is BLZE = $7 (+95.5% upside).

Valuation: BLZE trades at a trailing Price-to-Earnings (P/E) of -7.4 (S&P 500 average ~25).

Financials: revenue is $146M, +19.7%/yr average growth. Net income is $26M (loss), growing at +16.8%/yr. Net profit margin is -17.6% (negative). Gross margin is 60.9% (+9.4 pp trend).

Balance sheet: total debt is $82M against $83M equity (Debt-to-Equity (D/E) ratio 0.98, moderate). Current ratio is 1.07 (adequate). Debt-to-assets is 42.6%. Total assets: $192M.

Analyst outlook: 7 / 8 analysts rate BLZE as buy (88%) — strong consensus.

SharesGrow 7-Criteria breakdown: Value 100/100 (Pass), Growth 80/100 (Pass), Past 0/100 (Fail), Health 33/100 (Fail), Moat 58/100 (Partial), Future 94/100 (Pass), Income 10/100 (Fail).

$7.00
▲ 95.53% Upside
Average Price Target
Based on 8 Wall Street analysts offering 12-month price targets for Backblaze, Inc., the average price target is $7.00, with a high forecast of $8.50, and a low forecast of $4.50.
Highest Price Target
$8.50
Average Price Target
$7.00
Lowest Price Target
$4.50

BLZE SharesGrow Score Overview

63/100
SharesGrow Score
Above average fundamentals
View full scorecard →
VALUE 100/100
Valuation — P/E, PEG, Forward PEG
GROWTH 80/100
Financials — average growth
PAST 0/100
strong — trend
HEALTH 33/100
Balance sheet — Debt-to-Equity (D/E) ratio, Current ratio is
MOAT 58/100
Gross margin is + market cap
FUTURE 94/100
Analyst outlook — as buy
INCOME 10/100
Net profit margin is
Scores derived from financial statements, analyst ratings, and balance sheet data.

Stock Chart & Stats

Market Data
52-Week Range3.261-10.858
Volume354.21K
Avg Volume (30D)818.42K
Market Cap$215.16M
Beta (1Y)1.30
Share Statistics
EPS (TTM)-0.46
Shares Outstanding$56.21M
IPO Date2021-11-11
Employees346
CEOGleb Budman
Financial Highlights & Ratios
Revenue (TTM)$145.84M
Gross Profit$88.79M
EBITDA$3.83M
Net Income$-25.61M
Operating Income$-20.15M
Total Cash$51.38M
Total Debt$81.75M
Net Debt$52.57M
Total Assets$191.83M
Price / Earnings (P/E)-7.8
Price / Sales (P/S)1.48
Analyst Forecast
1Y Price Target$8.00
Target High$8.50
Target Low$4.50
Upside+123.5%
Rating ConsensusBuy
Analysts Covering8
Buy 88% Hold 0% Sell 13%
Price Target Summary
Company Info
CountryUS
ExchangeNASDAQ Global Market
CurrencyUSD
ISINUS05637B1052

Price Chart

BLZE
Backblaze, Inc.  ·  NASDAQ Global Market
Technology • Software - Infrastructure
3.26 52WK RANGE 10.86
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