Backblaze Market Capitalization from 2010 to 2025

BLZE Stock  USD 6.34  0.23  3.76%   
Backblaze's Market Cap is decreasing over the years with slightly volatile fluctuation. Overall, Market Cap is expected to go to about 359.8 M this year.
Check Backblaze financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Backblaze's main balance sheet or income statement drivers, such as Tax Provision of 17.3 K, Depreciation And Amortization of 19.1 M or Interest Expense of 3.6 M, as well as many indicators such as Price To Sales Ratio of 2.93, Dividend Yield of 0.0 or PTB Ratio of 5.75. Backblaze financial statements analysis is a perfect complement when working with Backblaze Valuation or Volatility modules.
  
Check out the analysis of Backblaze Correlation against competitors.
For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.

Latest Backblaze's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of Backblaze over the last few years. It is Backblaze's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Backblaze's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 327.06 M10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Backblaze Market Capitalization Regression Statistics

Arithmetic Mean456,285,357
Geometric Mean440,489,525
Coefficient Of Variation23.35
Mean Deviation85,371,734
Median513,199,846
Standard Deviation106,528,002
Sample Variance11348.2T
Range318.5M
R-Value(0.68)
Mean Square Error6487.5T
R-Squared0.47
Significance0
Slope(15,281,438)
Total Sum of Squares170223.2T

Backblaze Market Capitalization History

2025359.8 M
2024314.3 M
2023273.3 M
2022194.7 M

About Backblaze Financial Statements

Backblaze stakeholders use historical fundamental indicators, such as Backblaze's Market Capitalization, to determine how well the company is positioned to perform in the future. Although Backblaze investors may analyze each financial statement separately, they are all interrelated. For example, changes in Backblaze's assets and liabilities are reflected in the revenues and expenses on Backblaze's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Backblaze. Please read more on our technical analysis and fundamental analysis pages.
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company was incorporated in 2007 and is headquartered in San Mateo, California. Backblaze Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 270 people.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Backblaze is a strong investment it is important to analyze Backblaze's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Backblaze's future performance. For an informed investment choice regarding Backblaze Stock, refer to the following important reports:
Check out the analysis of Backblaze Correlation against competitors.
For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Backblaze. If investors know Backblaze will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Backblaze listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.12)
Revenue Per Share
3.629
Quarterly Revenue Growth
0.288
Return On Assets
(0.20)
Return On Equity
(1.03)
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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.
Please note, there is a significant difference between Backblaze's value and its price as these two are different measures arrived at by different means. Investors typically determine if Backblaze is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Backblaze's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.