Backblaze Inc
NASDAQ:BLZE
Intrinsic Value
Backblaze, Inc. operates as a cloud provider for businesses and consumers to store, use, and protect their data. [ Read More ]
The intrinsic value of one BLZE stock under the Base Case scenario is 5.83 USD. Compared to the current market price of 9.26 USD, Backblaze Inc is Overvalued by 37%.
Valuation Backtest
Backblaze Inc
Run backtest to discover the historical profit from buying and selling BLZE stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
Backblaze Inc
Current Assets | 38.5m |
Cash & Short-Term Investments | 29.3m |
Receivables | 4.5m |
Other Current Assets | 4.8m |
Non-Current Assets | 93.2m |
PP&E | 55.6m |
Intangibles | 32.5m |
Other Non-Current Assets | 5.1m |
Current Liabilities | 57.1m |
Accounts Payable | 2.3m |
Accrued Liabilities | 9m |
Other Current Liabilities | 45.8m |
Non-Current Liabilities | 29.7m |
Long-Term Debt | 17.4m |
Other Non-Current Liabilities | 12.2m |
Earnings Waterfall
Backblaze Inc
Revenue
|
102m
USD
|
Cost of Revenue
|
-52.2m
USD
|
Gross Profit
|
49.9m
USD
|
Operating Expenses
|
-103.9m
USD
|
Operating Income
|
-54.1m
USD
|
Other Expenses
|
-5.6m
USD
|
Net Income
|
-59.7m
USD
|
Free Cash Flow Analysis
Backblaze Inc
BLZE Profitability Score
Profitability Due Diligence
Backblaze Inc's profitability score is 25/100. The higher the profitability score, the more profitable the company is.
Score
Backblaze Inc's profitability score is 25/100. The higher the profitability score, the more profitable the company is.
BLZE Solvency Score
Solvency Due Diligence
Backblaze Inc's solvency score is 34/100. The higher the solvency score, the more solvent the company is.
Score
Backblaze Inc's solvency score is 34/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
BLZE Price Targets Summary
Backblaze Inc
According to Wall Street analysts, the average 1-year price target for BLZE is 13.76 USD with a low forecast of 11.11 USD and a high forecast of 18.9 USD.
Ownership
BLZE Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
---|---|---|---|
3 Months |
|
|
|
6 Months |
|
|
|
9 Months |
|
|
|
12 Months |
|
|
|
Shareholder Return
BLZE Price
Backblaze Inc
Average Annual Return | -37.91% |
Standard Deviation of Annual Returns | 39.25% |
Max Drawdown | -88% |
Market Capitalization | 362.5m USD |
Shares Outstanding | 39 150 600 |
Percentage of Shares Shorted | 3.14% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Backblaze, Inc. operates as a cloud provider for businesses and consumers to store, use, and protect their data. The company is headquartered in San Mateo, California and currently employs 270 full-time employees. The company went IPO on 2021-11-11. The firm provides businesses and consumers cloud services to store, use, and protect their data. The company provides these cloud services through a purpose-built, Web-scale software infrastructure built on commodity hardware. The company allows customers to focus on their core business operations. The company builds a community of millions of readers and brand advocates. Referrals from its community of brand advocates, combined with its self-serve customer acquisition model and an ecosystem of thousands of partners, have allowed it to attract customers. These customers use the Backblaze Storage Cloud platform across countries to grow and protect their business data on its approximately two exabytes, or two trillion megabytes, of data storage under management. Its cloud services offered on its Storage Cloud includes Backblaze B2 Cloud Storage and Backblaze Computer Backup.
Contact
IPO
Employees
Officers
The intrinsic value of one BLZE stock under the Base Case scenario is 5.83 USD.
Compared to the current market price of 9.26 USD, Backblaze Inc is Overvalued by 37%.