BACKBLAZE, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.91 USD | +1.33% |
|
+6.33% | +30.57% |
| 04-17 | Oppenheimer Adjusts Backblaze's Price Target to $13 From $11, Keeps Outperform Rating | MT |
| 04-15 | Backblaze, Inc. Enables Automated Cloud Workflows with Event Notifications | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Capitalization 1 | 512 | 200.7 | 285.4 | 404.4 | - |
| Enterprise Value (EV) 1 | 407.2 | 135.2 | 260.2 | 390 | 393.1 |
| P/E ratio | -15.8 x | -3.77 x | -4.66 x | -9.66 x | -12.4 x |
| Yield | - | - | - | - | 10.2% |
| Capitalization / Revenue | 7.59 x | 2.36 x | 2.8 x | 3.19 x | 2.74 x |
| EV / Revenue | 6.03 x | 1.59 x | 2.55 x | 3.07 x | 2.66 x |
| EV / EBITDA | 129 x | -14.4 x | -66.5 x | 35.7 x | 22.1 x |
| EV / FCF | -20.5 x | -6.4 x | -20.2 x | -21.1 x | -25.6 x |
| FCF Yield | -4.87% | -15.6% | -4.94% | -4.74% | -3.9% |
| Price to Book | - | - | - | - | - |
| Nbr of stocks (in thousands) | 30,315 | 32,628 | 37,600 | 41,351 | - |
| Reference price 2 | 16.89 | 6.150 | 7.590 | 9.780 | 9.780 |
| Announcement Date | 17/02/22 | 15/02/23 | 15/02/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net sales 1 | 67.48 | 85.16 | 102 | 126.9 | 147.8 |
| EBITDA 1 | 3.157 | -9.413 | -3.914 | 10.94 | 17.76 |
| EBIT 1 | -12.53 | -31.06 | -28.83 | -15.55 | -10.08 |
| Operating Margin | -18.56% | -36.48% | -28.26% | -12.25% | -6.82% |
| Earnings before Tax (EBT) 1 | -21.61 | -51.74 | -58.86 | -41.29 | -32.81 |
| Net income 1 | -21.7 | -51.7 | -58.86 | -40.87 | -33.51 |
| Net margin | -32.16% | -60.71% | -57.7% | -32.22% | -22.67% |
| EPS 2 | -1.070 | -1.630 | -1.630 | -1.013 | -0.7867 |
| Free Cash Flow 1 | -19.84 | -21.13 | -12.86 | -18.47 | -15.35 |
| FCF margin | -29.4% | -24.81% | -12.61% | -14.56% | -10.38% |
| FCF Conversion (EBITDA) | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | 1.000 |
| Announcement Date | 17/02/22 | 15/02/23 | 15/02/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 17.32 | 18.7 | 19.49 | 20.69 | 22.05 | 22.93 | 23.39 | 24.59 | 25.3 | 28.74 | 29.72 | 30.7 | 31.99 | 34.46 | 34.04 |
| EBITDA 1 | 0.841 | -1.279 | -2.991 | -1.903 | -1.873 | -2.545 | -2.907 | -1.752 | -0.841 | 1.586 | 1.486 | 2.253 | 2.966 | 4.261 | 3.2 |
| EBIT 1 | -3.218 | -5.384 | -11.69 | -6.473 | -7.23 | -9.507 | -8.64 | -13.91 | -7.314 | -4.989 | -4.934 | -4.292 | -3.862 | -2.527 | -3.541 |
| Operating Margin | -18.58% | -28.8% | -59.97% | -31.29% | -32.79% | -41.47% | -36.93% | -56.59% | -28.91% | -17.36% | -16.6% | -13.98% | -12.07% | -7.33% | -10.4% |
| Earnings before Tax (EBT) 1 | -5.993 | -9.645 | -12.56 | -11.61 | -12.8 | -14.76 | -17.11 | -14.34 | -16.06 | -11.36 | -11.5 | -10.89 | -10.47 | -9.642 | - |
| Net income 1 | -5.993 | -9.605 | -12.53 | -11.58 | -12.8 | -14.79 | -17.11 | -14.34 | -16.06 | -11.36 | -11.37 | -10.71 | -10.33 | -9.193 | -9.618 |
| Net margin | -34.6% | -51.37% | -64.29% | -55.95% | -58.05% | -64.52% | -73.15% | -58.31% | -63.46% | -39.52% | -38.26% | -34.89% | -32.3% | -26.67% | -28.26% |
| EPS 2 | -0.3200 | -0.3800 | -0.4100 | -0.3700 | -0.4000 | -0.4500 | -0.5000 | -0.4100 | -0.4400 | -0.3000 | -0.2883 | -0.2667 | -0.2550 | -0.2233 | -0.2400 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 13/12/21 | 17/02/22 | 05/05/22 | 09/08/22 | 10/11/22 | 15/02/23 | 09/05/23 | 08/08/23 | 08/11/23 | 15/02/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - |
| Net Cash position 1 | 105 | 65.4 | 25.2 | 14.4 | 11.3 |
| Leverage (Debt/EBITDA) | - | - | - | - | - |
| Free Cash Flow 1 | -19.8 | -21.1 | -12.9 | -18.5 | -15.4 |
| ROE (net income / shareholders' equity) | - | - | - | -64.4% | -52.4% |
| ROA (Net income/ Total Assets) | - | - | - | - | - |
| Assets 1 | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - |
| Capex 1 | 7.58 | 7.35 | 5.51 | 2.97 | 3 |
| Capex / Sales | 11.23% | 8.63% | 5.4% | 2.34% | 2.03% |
| Announcement Date | 17/02/22 | 15/02/23 | 15/02/24 | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
9.78
USD
Average target price
13.07
USD
Spread / Average Target
+33.61%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +28.85% | 404M | |
| +5.34% | 269B | |
| -10.97% | 25.19B | |
| +36.97% | 15.96B | |
| -14.50% | 13.84B | |
| -15.44% | 6.13B | |
| -22.41% | 4.23B | |
| +32.88% | 3.84B | |
| -5.07% | 3.18B | |
| +13.94% | 2.69B |
- Stock Market
- Equities
- BLZE Stock
- Financials Backblaze, Inc.
