Skip to Content

Backblaze Inc Class A BLZE

Morningstar Rating
$9.28 +0.32 (3.57%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

BLZE is trading within a range we consider fairly valued.
Price
$9.29
Fair Value
$85.86
Uncertainty
High
1-Star Price
$82.22
5-Star Price
$8.72
Economic Moat
Wxc
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if BLZE is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$8.96
Day Range
$9.139.41
52-Week Range
$3.5212.62
Bid/Ask
$9.24 / $9.29
Market Cap
$383.74 Mil
Volume/Avg
91,264 / 443,069

Key Statistics

Price/Earnings (Normalized)
Price/Sales
3.29
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Backblaze Inc provides cloud storage services. The company offers services such as Backblaze B2 Cloud Storage which enables customers to store data, developers to build applications, and partners to expand their use cases. It is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases including backups, multi-cloud, application development, and ransomware protection and Backblaze Computer Backup automatically backs up data from laptops and desktops for businesses and individuals. Geographically, it derives a majority of revenue from the United States and the rest from the United Kingdom, Canada, and other regions.
Sector
Technology
Industry
Software - Infrastructure
Stock Style Box
Small Core
Total Number of Employees
381

Comparables

Valuation

Metric
BLZE
ONTF
BASE
Price/Earnings (Normalized)
1,049.15
Price/Book Value
8.121.528.88
Price/Sales
3.291.826.18
Price/Cash Flow
22.98
Price/Earnings
BLZE
ONTF
BASE

Financial Strength

Metric
BLZE
ONTF
BASE
Quick Ratio
0.592.461.76
Current Ratio
0.672.641.99
Interest Coverage
−14.75−587.22−1,832.21
Quick Ratio
BLZE
ONTF
BASE

Profitability

Metric
BLZE
ONTF
BASE
Return on Assets (Normalized)
−22.00%1.25%−10.99%
Return on Equity (Normalized)
−55.54%1.81%−19.46%
Return on Invested Capital (Normalized)
−26.37%0.53%−18.58%
Return on Assets
BLZE
ONTF
BASE
See how this stock stacks up to its competitors with Morningstar Investor

Software - Infrastructure Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
MSFT
Microsoft CorpYrmhbqdyyXhms$3.0 Tril
ORCL
Oracle CorpXpqskTlphwn$315.8 Bil
ADBE
Adobe IncBynrhtvwjVxlnq$213.7 Bil
PANW
Palo Alto Networks IncFgzvvbydKwlh$93.3 Bil
SNPS
Synopsys IncSqpwpdhmlHwrxpth$80.9 Bil
CRWD
CrowdStrike Holdings Inc Class ATxzrpkgkdSqlbx$72.1 Bil
FTNT
Fortinet IncZfhqsbshTng$49.9 Bil
PLTR
Palantir Technologies Inc Ordinary Shares - Class AXjjphzksCfcwmp$47.8 Bil
SQ
Block Inc Class ARhlkxgjqlCyltl$44.8 Bil
NET
Cloudflare IncHqcfpzlkkJzmdzm$29.5 Bil

Sponsor Center