BLZE Stock: Backblaze, Inc. Stock Price, Analysis & Insights
Get live blze stock price $6.18, comprehensive Backblaze, Inc. stock analysis, charts, news, and expert forecast. Real-time blze stock data and investment insights.
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Company Overview
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as backups, multi-cloud, application development, and ransomware protection. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo, California.
Company Information
- CEO
- Gleb Budman
- Sector
- Technology
- Industry
- Software - Infrastructure
- Employees
- 346
Contact Information
- Website
- https://www.backblaze.com
- Address
- 500 Ben Franklin Ct
- Country
- US
Investment Analysis & Business Insights
Investment Highlights
✓ Strong presence in the Technology sector with established market position
✓ Higher growth potential with elevated volatility (Beta: 1.24)
Business Model & Strategy
Backblaze, Inc. operates in the Software - Infrastructure industry, focusing on technology development, software services, and digital solutions. Under the leadership of CEO Gleb Budman, the company navigates Technology sector dynamics while pursuing growth opportunities. The Software - Infrastructure model requires continuous innovation, talent acquisition, and competitive differentiation to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
Backblaze, Inc. competes in the Software - Infrastructure within the broader Technology. With 349.0 million in market capitalization, the company is positioned as a emerging competitor in its sector. The Technology is characterized by rapid innovation cycles, platform competition, and disruptive trends. As a publicly traded company on the NASDAQ Global Market, Backblaze, Inc. provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating Backblaze, Inc. should consider industry-specific trends, competitive positioning, and Technology sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for Backblaze, Inc. shareholders
- ⚠Market volatility can significantly impact stock price, especially for smaller companies
- ⚠Sector-specific risks in Technology may affect company performance
- ⚠Past performance does not guarantee future results for Backblaze, Inc.
- ⚠Investors should consider how Backblaze, Inc. fits within their overall portfolio allocation
- ⚠Valuation metrics suggest potential, but require fundamental analysis
Market Cap
348.99M
P/E Ratio
-6.94
Beta
1.24
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Technology leader with 348.99M market capitalization
- Trading Volume: 2.63M shares traded today
- Price Range: 52-week range of $3.94 - $10.86
- Exchange: Listed on NASDAQ Global Market
Financial Metrics
Market Analysis for Backblaze, Inc.
Backblaze, Inc. (BLZE) operates in the Software - Infrastructure industry within the Technology sector. With a current market capitalization of 348.99M, the company represents a significant player in its market. The stock is currently trading at $6.18 with a negativedaily change of 33.83%.
The company's 346 employee base and presence on the NASDAQ Global Marketexchange position it as a Technology sector leader. Investors should consider the stock's P/E ratio of -6.94, beta of 1.24, and 52-week price range from $3.94 to $10.86when evaluating investment opportunities.
Why Invest in Backblaze, Inc.?
Strengths
- • Established market presence in Technology
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Market)
- • Experienced leadership under Gleb Budman
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Technology Sector
The Technology sector includes companies that develop and provide technology products and services, including software, hardware, and digital solutions.