Backblaze, Inc.BLZE

$8.19-0.08 (-0.97%)
NASDAQTechnology24:00 UTC

Company snapshot

Market Cap
$486M
Small-cap
-7%
2021 — today
10-Year Price
-54%
2021 — today
52-Week Range
$3.31$10.75
Current $8.19· 66%

Backblaze, Inc. functions as a cloud storage provider, delivering comprehensive online services for businesses and individual consumers to securely store, manage, and access their data globally. The company's cloud solutions are underpinned by a highly scalable software infrastructure built upon cost-effective, commercial-grade hardware. One of its flagship offerings is Backblaze B2 Cloud Storage, a versatile service empowering clients to store data, developers to construct applications, and partners to enhance their service portfolios. This consumption-based Infrastructure-as-a-Service (IaaS) supports a range of functionalities, including data backups, multi-cloud environments, application development, and robust ransomware defense. Furthermore, Backblaze offers Computer Backup, an automated subscription-based Software-as-a-Service (SaaS) that safeguards data on laptops and desktops for both corporate and personal use. This service facilitates routine computer backups, offers protection against ransomware, mitigates risks from theft and loss, and provides remote access capabilities. Backblaze primarily serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was founded in 2007 and is headquartered in San Mateo, California.

Valuation in context

P/E ratio
-21.0
N/A
Not meaningful — company is unprofitable
P/B ratio
5.7
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
83.0
Above average
Pricier than usual over the last 10 years
FCF Yield
2.8%
Historically high
Historically high relative to the last 10 years
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