Backblaze, Inc., a cloud storage platform, provides businesses and consumers cloud services to store, use, and protect data in the United States, the United Kingdom, Canada, and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. In addition, the company offers cloud storage solutions for a range of cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; and Internet of Things. Further, it provides computer backup that automatically backs up data from laptops and desktops for businesses and individuals, which offers a subscription-based software-as-a-service and serves use cases, including MAC and PC backup; ransomware protection; theft and loss recovery; data archiving; organization and managed service provider level management; and remote access. The company serves individuals, developers, MSPS, small and medium-sized businesses, and large enterprises across industries, including media, AI innovators, creative agencies, academic institutions, government agencies, research institutes, and gaming companies. Backblaze, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
Metrics to compare | BLZE | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipBLZEPeersSector | |
|---|---|---|---|---|
P/E Ratio | −8.7x | 12.0x | 12.0x | |
PEG Ratio | −0.15 | 0.13 | 0.01 | |
Price/Book | 2.7x | 1.5x | 2.4x | |
Price / LTM Sales | 1.5x | 3.7x | 2.3x | |
Upside (Analyst Target) | 110.0% | 29.3% | 29.7% | |
Fair Value Upside | Unlock | 14.3% | 5.8% | Unlock |