The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Backblaze Inc (NASDAQ: BLZE) closed at $4.89 down -1.01% from its previous closing price of $4.94. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 0.5 million shares were traded. BLZE stock price reached its highest trading level at $4.96 during the session, while it also had its lowest trading level at $4.8275.
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 5.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.59. 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 282047360 and an Enterprise Value of 296016000. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 3.40. Its current Enterprise Value per Revenue stands at 2.087 whereas that against EBITDA is -26.224.
Stock Price History:
The Beta on a monthly basis for BLZE is 1.29, which has changed by -0.1848185 over the last 52 weeks, in comparison to a change of 0.17287207 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 -5.56%, while the 200-Day Moving Average is calculated to be -23.23%.
Shares Statistics:
For the past three months, BLZE has traded an average of 736.05K shares per day and 575620 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 1767139200 were 981052 with a Short Ratio of 1.33, compared to 1764288000 on 934678. Therefore, it implies a Short% of Shares Outstanding of 981052 and a Short% of Float of 1.76.
Earnings Estimates
The stock of Backblaze Inc (BLZE) is currently being evaluated by 7.0 analysts who are actively contributing to its market rating.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 $160.88M in the next fiscal year. The high estimate is $165.9M and the low estimate is $152M.
