Added to YB: 2024-07-15
Pitch date: 2024-07-12
BLZE [neutral]
Backblaze, Inc.
-29.54%
current return
Author Info
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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
$6.50
Price Target
20.00 (+317%)
Dividend
N/A
EV/EBITDA
-31.50
P/E
-4.10
EV/Sales
1.88
Sector
IT Services
Category
growth
3 Micro Caps To Watch - Backblaze, Inc.
BLZE: Cloud storage & backup for SMEs. 25% 3yr CAGR, 33% insider owned. Founder-led. Revenue mix shift to cloud. Catalysts: margin expansion, curbing SBC, pricing power. Risks: unprofitability, dilution, competition vs giants. $20 PT if growth becomes profitable. High risk/reward.
Read full article (2 min)