Backblaze Competitors
| BLZE Stock | USD 4.10 0.10 2.50% |
Backblaze vs POET Technologies Correlation
Significant diversification
The correlation between Backblaze and POET is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Backblaze and POET in the same portfolio, assuming nothing else is changed.
Moving against Backblaze Stock
As of February 8, 2026, Return On Tangible Assets is expected to decline to -0.46. In addition to that, Return On Capital Employed is expected to decline to -0.51. At present, Backblaze's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 50.5 M, whereas Net Tangible Assets are forecasted to decline to about 33.2 M.Backblaze Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Backblaze and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Backblaze and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Backblaze does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Backblaze Stock performing well and Backblaze Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Backblaze's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ARQQ | 4.41 | (1.32) | 0.00 | (0.27) | 0.00 | 7.88 | 25.62 | |||
| SPT | 2.58 | (0.42) | 0.00 | (0.38) | 0.00 | 4.85 | 15.22 | |||
| CCSI | 2.09 | (0.46) | 0.00 | (0.14) | 0.00 | 3.55 | 19.47 | |||
| PRTH | 2.54 | (0.42) | 0.00 | (0.09) | 0.00 | 5.63 | 34.79 | |||
| CINT | 2.25 | (0.06) | 0.00 | 0.04 | 2.92 | 5.51 | 12.99 | |||
| NBP | 3.33 | (0.34) | 0.00 | (0.38) | 0.00 | 5.81 | 18.50 | |||
| DOMO | 3.55 | (1.62) | 0.00 | (0.38) | 0.00 | 5.81 | 28.62 | |||
| DAVA | 3.04 | (0.75) | 0.00 | (0.40) | 0.00 | 5.08 | 31.38 | |||
| BMBL | 2.68 | (0.88) | 0.00 | (0.40) | 0.00 | 4.21 | 24.81 | |||
| POET | 4.94 | (0.18) | (0.01) | 0.02 | 6.08 | 13.11 | 45.50 |
Cross Equities Net Income Analysis
Compare Backblaze and related stocks such as Arqit Quantum, Sprout Social, and Consensus Cloud Solutions Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ARQQ | 1 M | 1 M | 1 M | 1 M | 1 M | 1 M | 1 M | 1 M | 1 M | (568 K) | (271.7 M) | 65.1 M | (70.4 M) | (54.6 M) | (35.3 M) | (31.8 M) | (33.4 M) |
| SPT | (21.9 M) | (21.9 M) | (21.9 M) | (21.9 M) | (21.9 M) | (21.9 M) | (21.9 M) | (21.9 M) | (20.9 M) | (46.8 M) | (31.7 M) | (28.7 M) | (50.2 M) | (66.4 M) | (62 M) | (55.8 M) | (58.6 M) |
| CCSI | 152.1 M | 152.1 M | 152.1 M | 152.1 M | 152.1 M | 152.1 M | 152.1 M | 152.1 M | 152.1 M | 213 M | 152.9 M | 109 M | 72.7 M | 77.2 M | 89.4 M | 80.5 M | 99 M |
| PRTH | (10.2 K) | (10.2 K) | (10.2 K) | (10.2 K) | (10.2 K) | (10.2 K) | (108 K) | 4.6 M | (15 M) | (33.6 M) | 25.7 M | 1.4 M | (2.1 M) | (1.3 M) | 24 M | 27.6 M | 29 M |
| CINT | 2.7 M | 2.7 M | 2.7 M | 4.6 M | 28.1 M | 28.1 M | 17.1 M | 28.9 M | 59.4 M | 56.5 M | 127.7 M | 22.6 M | 18.7 M | 132.6 M | 29.5 M | 33.9 M | 48.4 M |
| NBP | (298.2 M) | (298.2 M) | (298.2 M) | (298.2 M) | (298.2 M) | (298.2 M) | (298.2 M) | (298.2 M) | (402.8 M) | (1.5 B) | 470.9 M | (2.3 B) | (2.5 B) | (1.5 B) | (162.3 M) | (146 M) | (153.3 M) |
| DOMO | (183.1 M) | (183.1 M) | (183.1 M) | (183.1 M) | (183.1 M) | (183.1 M) | (183.1 M) | (176.6 M) | (154.3 M) | (125.7 M) | (84.6 M) | (102.1 M) | (105.6 M) | (75.6 M) | (81.9 M) | (94.2 M) | (98.9 M) |
| DAVA | 4.7 M | 4.7 M | 4.7 M | 8.1 M | 13.5 M | 16.7 M | 16.8 M | 19 M | 24 M | 20 M | 43.5 M | 83.1 M | 94.2 M | 17.1 M | 21.2 M | 24.4 M | 32.3 M |
| BMBL | (21.5 M) | (21.5 M) | (21.5 M) | (21.5 M) | (21.5 M) | (21.5 M) | (21.5 M) | (21.5 M) | (21.5 M) | 66.1 M | (144.8 M) | 309.8 M | (79.7 M) | (4.2 M) | (557 M) | (501.3 M) | (476.2 M) |
| POET | (366.8 K) | (15.2 M) | (8.6 M) | (7.9 M) | (11.8 M) | (12.1 M) | (13.2 M) | (12.8 M) | (16.3 M) | (11.4 M) | (19.1 M) | (15.7 M) | (21 M) | (20.3 M) | (56.7 M) | (51 M) | (48.5 M) |
Backblaze and related stocks such as Arqit Quantum, Sprout Social, and Consensus Cloud Solutions Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Backblaze financial statement analysis. It represents the amount of money remaining after all of Backblaze operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Backblaze Competitive Analysis
The better you understand Backblaze competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Backblaze's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Backblaze's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Backblaze Competition Performance Charts
Five steps to successful analysis of Backblaze Competition
Backblaze's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Backblaze in relation to its competition. Backblaze's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Backblaze in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Backblaze's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Backblaze, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Backblaze Correlation with its peers. For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Will Application Software sector continue expanding? Could Backblaze diversify its offerings? Factors like these will boost the valuation of Backblaze. Projected growth potential of Backblaze fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Backblaze data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (0.66) | Revenue Per Share | Quarterly Revenue Growth 0.14 | Return On Assets | Return On Equity |
The market value of Backblaze is measured differently than its book value, which is the value of Backblaze that is recorded on the company's balance sheet. Investors also form their own opinion of Backblaze's value that differs from its market value or its book value, called intrinsic value, which is Backblaze's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Backblaze's market value can be influenced by many factors that don't directly affect Backblaze's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Backblaze's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Backblaze should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Backblaze's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.