Ratings Backblaze, Inc.

Equities

BLZE

US05637B1052

Market Closed - Nasdaq Other stock markets 04:00:00 2024-07-12 pm EDT			5-day change	1st Jan Change
6.45 ^USD	-0.31%		+2.06%	-15.02%

Jul. 01	Backblaze, Inc.(NasdaqGM:BLZE) added to Russell Small Cap Completeness Index	CI
Jul. 01	Backblaze, Inc.(NasdaqGM:BLZE) added to Russell 2000 Index	CI

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

Strengths

Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses

The company's profitability before interest, taxes, depreciation and amortization characterizes fragile margins.
The company has insufficient levels of profitability.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Sector: IT Services & Consulting

	1st Jan change	Capi.	ESG Refinitiv
BACKBLAZE, INC.	-15.02%	267M	-
CLOUDFLARE, INC.	-1.26%	27.93B	C+
NUTANIX, INC.	+13.80%	13.39B	C
DYNATRACE, INC.	-19.35%	13.15B	C+
QUALYS, INC.	-27.56%	5.25B	C
IONOS GROUP SE	+55.78%	4.14B	-
KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED	-32.34%	3.54B	B+
DIGITALOCEAN HOLDINGS, INC.	-9.51%	3.02B	C
ALKAMI TECHNOLOGY, INC.	+26.80%	3B	C-
BEIJING SINNET TECHNOLOGY CO.,LTD	-14.20%	2.07B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes