Stock Surge: Backblaze Inc (BLZE) Closes at $4.58, Marking a -4.58 Increase/Decrease

Abby Carey

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Backblaze Inc (NASDAQ: BLZE) closed at $4.58 down -4.58% from its previous closing price of $4.8. In other words, the price has decreased by -$4.58 from its previous closing price. On the day, 1.27 million shares were traded. BLZE stock price reached its highest trading level at $4.84 during the session, while it also had its lowest trading level at $4.57.

Ratios:

For a deeper understanding of Backblaze Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.53.

Upgrades & Downgrades

In the most recent recommendation for this company, Citizens JMP on June 24, 2025, initiated with a Mkt Outperform rating and assigned the stock a target price of $7.

On March 11, 2025, Needham started tracking the stock assigning a Buy rating and target price of $8.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 28 ’25 when Budman Gleb sold 3,499 shares for $6.30 per share. The transaction valued at 22,044 led to the insider holds 1,863,857 shares of the business.

Budman Gleb sold 2,863 shares of BLZE for $18,924 on Feb 27 ’25. The CEO and Chairperson now owns 1,867,356 shares after completing the transaction at $6.61 per share. On Feb 28 ’25, another insider, Suidan Marc, who serves as the Chief Financial Officer of the company, sold 2,413 shares for $6.30 each. As a result, the insider received 15,202 and left with 305,791 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLZE now has a Market Capitalization of 264167056 and an Enterprise Value of 278128992. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.86 while its Price-to-Book (P/B) ratio in mrq is 3.18. Its current Enterprise Value per Revenue stands at 1.961 whereas that against EBITDA is -24.639.

Stock Price History:

The Beta on a monthly basis for BLZE is 1.28, which has changed by -0.29721814 over the last 52 weeks, in comparison to a change of 0.12838376 over the same period for the S&P500. Over the past 52 weeks, BLZE has reached a high of $10.86, while it has fallen to a 52-week low of $3.94. The 50-Day Moving Average of the stock is -36.09%, while the 200-Day Moving Average is calculated to be -28.73%.

Shares Statistics:

For the past three months, BLZE has traded an average of 723.44K shares per day and 666410 over the past ten days. A total of 57.54M shares are outstanding, with a floating share count of 54.61M. Insiders hold about 5.36% of the company’s shares, while institutions hold 52.21% stake in the company. Shares short for BLZE as of 1764288000 were 934678 with a Short Ratio of 1.29, compared to 1761868800 on 1395071. Therefore, it implies a Short% of Shares Outstanding of 934678 and a Short% of Float of 1.68.

Earnings Estimates

The company has 7.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.03 and low estimates of -$0.06.

Analysts are recommending an EPS of between $0.05 and -$0.07 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.03, with 8.0 analysts recommending between $0.12 and -$0.11.

Revenue Estimates

A total of 7 analysts believe the company’s revenue will be $37.54M this quarter.It ranges from a high estimate of $37.88M to a low estimate of $37.3M. As of. The current estimate, Backblaze Inc’s year-ago sales were $33.79MFor the next quarter, 7 analysts are estimating revenue of $38.21M. There is a high estimate of $38.91M for the next quarter, whereas the lowest estimate is $36.9M.

A total of 8 analysts have provided revenue estimates for BLZE’s current fiscal year. The highest revenue estimate was $145.96M, while the lowest revenue estimate was $145.37M, resulting in an average revenue estimate of $145.66M. In the same quarter a year ago, actual revenue was $127.63MBased on 8 analysts’ estimates, the company’s revenue will be $161.76M in the next fiscal year. The high estimate is $166M and the low estimate is $152M.

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