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Backblaze (BLZE) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

11 November 2021

Indexes:

Not included

Description:

Backblaze (BLZE) is a cloud storage company that provides affordable and reliable data backup solutions for individuals and businesses. They offer easy-to-use services for storing and retrieving data, ensuring users can access their files securely from anywhere. Their focus is on simplicity and cost-effectiveness.

Key Details

Price

$6.34

Annual Revenue

$102.02 M(+19.80% YoY)

Annual EPS

-$1.66(-2.47% YoY)

Annual ROE

-105.05%

Beta

1.48

Events Calendar

Earnings

Next earnings date:

Feb 14, 2025

Recent quarterly earnings:

Nov 07, 2024

Recent annual earnings:

Feb 15, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

08 Nov '24 Raymond James
Outperform
21 Oct '24 Craig-Hallum
Buy
09 Aug '24 Oppenheimer
Outperform
09 Aug '24 Craig-Hallum
Buy
17 Apr '24 Oppenheimer
Outperform
16 Feb '24 Raymond James
Outperform
16 Feb '24 Oppenheimer
Outperform
09 Feb '24 B. Riley Securities
Buy
09 Nov '23 Raymond James
Outperform
01 Sept '23 JMP Securities
Market Outperform

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Institutional Ownership

Backblaze Announces Full Exercise of Over-Allotment Option
Backblaze Announces Full Exercise of Over-Allotment Option
Backblaze Announces Full Exercise of Over-Allotment Option
BLZE
businesswire.com26 November 2024

SAN MATEO, Calif.--(BUSINESS WIRE)---- $BLZE #craighallum--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the underwriters of its recently completed upsized public offering of shares of its Class A common stock (the “Common Stock”), which closed on November 22, 2024, have exercised in full their option to purchase an additional 937,500 shares of Common Stock. The additional shares of Common Stock were sold at a price to the pu.

Backblaze Announces Pricing of Upsized $35 Million Follow-On Offering
Backblaze Announces Pricing of Upsized $35 Million Follow-On Offering
Backblaze Announces Pricing of Upsized $35 Million Follow-On Offering
BLZE
businesswire.com21 November 2024

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the pricing of its upsized underwritten public offering of 6,250,000 shares of its Class A common stock (the “Common Stock”) at a price to the public of $5.60 per share. Closing of the offering is expected to occur on November 22, 2024, subject to customary closing conditions. In addition, Backblaze has granted the underwr.

Backblaze, Inc. (BLZE) Q3 2024 Earnings Call Transcript
Backblaze, Inc. (BLZE) Q3 2024 Earnings Call Transcript
Backblaze, Inc. (BLZE) Q3 2024 Earnings Call Transcript
BLZE
seekingalpha.com09 November 2024

Backblaze, Inc. (NASDAQ:BLZE ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Mimi Kong - Director, Investor Relations & Corporate Development Gleb Budman - Chief Executive Officer & Chairperson Marc Suidan - Chief Financial Officer Conference Call Participants Jeff Van Rhee - Craig-Hallum Capital Group Ittai Kidron - Oppenheimer & Co. Eric Martinuzzi - Lake Street Capital Markets Ethan Widell - B. Riley Securities Operator Good day, and welcome to the Backblaze Third Quarter 2024 Earnings Call.

Backblaze to Announce Third Quarter 2024 Results on November 7, 2024
Backblaze to Announce Third Quarter 2024 Results on November 7, 2024
Backblaze to Announce Third Quarter 2024 Results on November 7, 2024
BLZE
globenewswire.com17 October 2024

SAN MATEO, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, will report financial results for its third quarter ending September 30, 2024 on Thursday, November 7, 2024 after market close.

Backblaze Deepens Sales Leadership Team
Backblaze Deepens Sales Leadership Team
Backblaze Deepens Sales Leadership Team
BLZE
globenewswire.com12 September 2024

SAN MATEO, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced that Dave Cotten and Teresa Dodson joined the company's sales leadership team.

All You Need to Know About Backblaze (BLZE) Rating Upgrade to Buy
All You Need to Know About Backblaze (BLZE) Rating Upgrade to Buy
All You Need to Know About Backblaze (BLZE) Rating Upgrade to Buy
BLZE
zacks.com22 August 2024

Backblaze (BLZE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Why Backblaze Stock Skyrocketed Today
Why Backblaze Stock Skyrocketed Today
Why Backblaze Stock Skyrocketed Today
BLZE
fool.com09 August 2024

Backblaze beat sales expectations in Q2 and posted a narrower-than-expected loss. The storage specialist also raised its full-year performance targets.

Backblaze, Inc. (BLZE) Q2 2024 Earnings Call Transcript
Backblaze, Inc. (BLZE) Q2 2024 Earnings Call Transcript
Backblaze, Inc. (BLZE) Q2 2024 Earnings Call Transcript
BLZE
seekingalpha.com08 August 2024

Backblaze, Inc. (NASDAQ:BLZE ) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Mimi Kong - Director, Investor Relations & Corporate Development Gleb Budman - Co-Founder, Chief Executive Officer & Chairperson Frank Patchel - Chief Financial Officer Conference Call Participants Ittai Kidron - Oppenheimer & Co. Victor Chiu - Raymond James Jason Ader - WB Ethan Weidel - B. Riley Securities Jeff Van Rhee - Craig-Hallum Capital Group Mark Hagen - Lake Street Capital Markets.

Backblaze, Inc. (BLZE) Reports Q2 Loss, Tops Revenue Estimates
Backblaze, Inc. (BLZE) Reports Q2 Loss, Tops Revenue Estimates
Backblaze, Inc. (BLZE) Reports Q2 Loss, Tops Revenue Estimates
BLZE
zacks.com08 August 2024

Backblaze, Inc. (BLZE) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.24 per share a year ago.

Backblaze to Announce Second Quarter 2024 Results on August 8, 2024
Backblaze to Announce Second Quarter 2024 Results on August 8, 2024
Backblaze to Announce Second Quarter 2024 Results on August 8, 2024
BLZE
globenewswire.com18 July 2024

SAN MATEO, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, will report financial results for its second quarter ending June 30, 2024 on Thursday, August 8, 2024 after market close.

FAQ

  • What is the primary business of Backblaze?
  • What is the ticker symbol for Backblaze?
  • Does Backblaze pay dividends?
  • What sector is Backblaze in?
  • What industry is Backblaze in?
  • What country is Backblaze based in?
  • When did Backblaze go public?
  • Is Backblaze in the S&P 500?
  • Is Backblaze in the NASDAQ 100?
  • Is Backblaze in the Dow Jones?
  • When was Backblaze's last earnings report?
  • When does Backblaze report earnings?
  • Should I buy Backblaze stock now?

What is the primary business of Backblaze?

Backblaze (BLZE) is a cloud storage company that provides affordable and reliable data backup solutions for individuals and businesses. They offer easy-to-use services for storing and retrieving data, ensuring users can access their files securely from anywhere. Their focus is on simplicity and cost-effectiveness.

What is the ticker symbol for Backblaze?

The ticker symbol for Backblaze is NASDAQ:BLZE

Does Backblaze pay dividends?

No, Backblaze does not pay dividends

What sector is Backblaze in?

Backblaze is in the Technology sector

What industry is Backblaze in?

Backblaze is in the Software Infrastructure industry

What country is Backblaze based in?

Backblaze is headquartered in United States

When did Backblaze go public?

Backblaze's initial public offering (IPO) was on 11 November 2021

Is Backblaze in the S&P 500?

No, Backblaze is not included in the S&P 500 index

Is Backblaze in the NASDAQ 100?

No, Backblaze is not included in the NASDAQ 100 index

Is Backblaze in the Dow Jones?

No, Backblaze is not included in the Dow Jones index

When was Backblaze's last earnings report?

Backblaze's most recent earnings report was on 7 November 2024

When does Backblaze report earnings?

The next expected earnings date for Backblaze is 14 February 2025

Should I buy Backblaze stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions