Added to YB: 2024-12-09
Pitch date: 2024-12-06
BLZE [bullish]
Backblaze, Inc.
-34.38%
current return
Author Info
The 10x Radar shares high-conviction small and microcap stock pitches with the potential to deliver multi-bagger returns. Sign up for the newsletter.
Company Info
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally.
Market Cap
$248.2M
Pitch Price
$6.98
Price Target
20.64 (+330%)
Dividend
N/A
EV/EBITDA
-31.50
P/E
-4.10
EV/Sales
1.88
Sector
IT Services
Category
growth
The Cloud’s Best-Kept Secret: Why Backblaze Could Soar 200%+
BLZE: B2 Cloud Storage driving 40% growth, 128% NRR. Simple, transparent pricing at 1/5 of AWS. 20%+ CAGR, targeting 20% EBITDA margin by Q4 2025. $62.5M cash post-offering. 200%+ upside potential. Risks: competition, dilution. CEO's acquisition track record promising.
Read full article (7 min)