Market Recap: Backblaze Inc (BLZE)’s Positive Momentum%, Closing at $8.7

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The closing price of Backblaze Inc (NASDAQ: BLZE) was $8.7 for the day, up 0.12% from the previous closing price of $8.69. In other words, the price has increased by $0.12 from its previous closing price. On the day, 0.53 million shares were traded. BLZE stock price reached its highest trading level at $8.85 during the session, while it also had its lowest trading level at $8.575.

Ratios:

Our analysis of BLZE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.68. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.52.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 491226336 and an Enterprise Value of 502606016. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 6.17. Its current Enterprise Value per Revenue stands at 3.661 whereas that against EBITDA is -31.187.

Stock Price History:

The Beta on a monthly basis for BLZE is 1.20, which has changed by 0.49741828 over the last 52 weeks, in comparison to a change of 0.18469036 over the same period for the S&P500. Over the past 52 weeks, BLZE has reached a high of $8.77, while it has fallen to a 52-week low of $3.94. The 50-Day Moving Average of the stock is 35.62%, while the 200-Day Moving Average is calculated to be 46.04%.

Shares Statistics:

BLZE traded an average of 488.87K shares per day over the past three months and 626250 shares per day over the past ten days. A total of 56.46M shares are outstanding, with a floating share count of 49.00M. Insiders hold about 13.27% of the company’s shares, while institutions hold 47.73% stake in the company. Shares short for BLZE as of 1755216000 were 1124481 with a Short Ratio of 2.30, compared to 1752537600 on 1386070. Therefore, it implies a Short% of Shares Outstanding of 1124481 and a Short% of Float of 2.0599999.

Earnings Estimates

Investors are eagerly awaiting the insights provided by 7.0 analysts currently analyzing and rating the stock of Backblaze Inc (BLZE).The consensus estimate for the next quarter is -$0.01, with high estimates of $0.03 and low estimates of -$0.04.

Analysts are recommending an EPS of between -$0.01 and -$0.11 for the fiscal current year, implying an average EPS of -$0.06. EPS for the following year is $0.07, with 9.0 analysts recommending between $0.24 and -$0.09.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $37.15M to a low estimate of $36.7M. As of the current estimate, Backblaze Inc’s year-ago sales were $32.59MFor the next quarter, 8 analysts are estimating revenue of $38.28M. There is a high estimate of $38.7M for the next quarter, whereas the lowest estimate is $37.39M.

A total of 9 analysts have provided revenue estimates for BLZE’s current fiscal year. The highest revenue estimate was $147M, while the lowest revenue estimate was $145M, resulting in an average revenue estimate of $146.13M. In the same quarter a year ago, actual revenue was $127.63MBased on 9 analysts’ estimates, the company’s revenue will be $166.56M in the next fiscal year. The high estimate is $169.9M and the low estimate is $162M.

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