At the time of writing, Backblaze Inc [BLZE] stock is trading at $5.35, up 3.48%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BLZE shares have gain 3.68% over the last week, with a monthly amount drifted -2.37%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Backblaze Inc [NASDAQ: BLZE] stock has seen the most recent analyst activity on June 24, 2025, when Citizens JMP initiated its Mkt Outperform rating and assigned the stock a price target of $7. Previously, Needham started tracking the stock with Buy rating on March 11, 2025, and set its price target to $8. On December 06, 2021, William Blair initiated with a Outperform rating. Raymond James started tracking the stock assigning a Outperform rating and suggested a price target of $26 on December 06, 2021. Oppenheimer initiated its recommendation with a Outperform. Lake Street started tracking with a Buy rating for this stock on December 06, 2021, and assigned it a price target of $28. In a note dated December 06, 2021, JMP Securities initiated an Mkt Outperform rating and provided a target price of $30 on this stock.
For the past year, the stock price of Backblaze Inc fluctuated between $3.94 and $8.08. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Backblaze Inc [NASDAQ: BLZE] shares were valued at $5.35 at the most recent close of the market. An investor can expect a potential return of 49.53% based on the average BLZE price forecast.
Analyzing the BLZE fundamentals
According to Backblaze Inc [NASDAQ:BLZE], the company’s sales were 132.27M for trailing twelve months, which represents an 15.50% jump. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at -0.34%, Pretax Profit Margin comes in at -0.35%, and Net Profit Margin reading is -0.35%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -0.77 and Total Capital is -0.4. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.62.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Backblaze Inc [NASDAQ:BLZE] has a current ratio of 1.09. As well, the Quick Ratio is 1.09, while the Cash Ratio is 0.68. Considering the valuation of this stock, the price to sales ratio is 2.22, the price to book ratio is 3.77.
Transactions by insiders
Recent insider trading involved Budman Gleb, CEO and Chairperson, that happened on Feb 28 ’25 when 3499.0 shares were sold. CEO and Chairperson, Budman Gleb completed a deal on Feb 27 ’25 to sell 2863.0 shares. Meanwhile, Chief Financial Officer Suidan Marc sold 2413.0 shares on Feb 28 ’25.
