Backblaze Stock Buy Hold or Sell Recommendation
| BLZE Stock | USD 5.18 0.20 4.02% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Backblaze is 'Strong Sell'. Macroaxis provides Backblaze buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BLZE positions.
Check out Backblaze Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide. Note, we conduct extensive research on individual companies such as Backblaze and provide practical buy, sell, or hold advice based on investors' constraints. Backblaze. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Backblaze |
Execute Backblaze Buy or Sell Advice
The Backblaze recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Backblaze. Macroaxis does not own or have any residual interests in Backblaze or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Backblaze's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Backblaze Trading Alerts and Improvement Suggestions
| Backblaze generated a negative expected return over the last 90 days | |
| Backblaze has high historical volatility and very poor performance | |
| Backblaze has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 127.63 M. Net Loss for the year was (48.53 M) with profit before overhead, payroll, taxes, and interest of 69.8 M. | |
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Backblaze Research Coverage Started at Needham Company LLC |
Backblaze Returns Distribution Density
The distribution of Backblaze's historical returns is an attempt to chart the uncertainty of Backblaze's future price movements. The chart of the probability distribution of Backblaze daily returns describes the distribution of returns around its average expected value. We use Backblaze price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Backblaze returns is essential to provide solid investment advice for Backblaze.
| Mean Return | -0.36 | Value At Risk | -7.95 | Potential Upside | 5.53 | Standard Deviation | 3.71 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Backblaze historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Backblaze Stock Institutional Investors
| Shares | Connor Clark & Lunn Inv Mgmt Ltd | 2024-12-31 | 510.4 K | Thompson, Siegel & Walmsley Llc | 2024-12-31 | 491 K | Marshall Wace Asset Management Ltd | 2024-12-31 | 387.8 K | Northern Trust Corp | 2024-12-31 | 380.5 K | P.a.w. Capital Corp | 2024-12-31 | 320 K | Perkins Capital Management Inc | 2024-12-31 | 285.2 K | Citadel Advisors Llc | 2024-12-31 | 276.1 K | Two Sigma Investments Llc | 2024-12-31 | 272.8 K | Jpmorgan Chase & Co | 2024-12-31 | 269.1 K | Blackrock Inc | 2024-12-31 | 2.9 M | Awm Investment Company Inc | 2024-12-31 | 2.8 M |
Backblaze Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Backblaze or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Backblaze's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Backblaze stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 1.02 | |
σ | Overall volatility | 3.78 | |
Ir | Information ratio | -0.07 |
Backblaze Volatility Alert
Backblaze exhibits very low volatility with skewness of -0.16 and kurtosis of 1.46. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Backblaze's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Backblaze's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Backblaze Fundamentals Vs Peers
Comparing Backblaze's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Backblaze's direct or indirect competition across all of the common fundamentals between Backblaze and the related equities. This way, we can detect undervalued stocks with similar characteristics as Backblaze or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Backblaze's fundamental indicators could also be used in its relative valuation, which is a method of valuing Backblaze by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Backblaze to competition |
| Fundamentals | Backblaze | Peer Average |
| Return On Equity | -0.79 | -0.31 |
| Return On Asset | -0.18 | -0.14 |
| Profit Margin | (0.38) % | (1.27) % |
| Operating Margin | (0.41) % | (5.51) % |
| Current Valuation | 261.84 M | 16.62 B |
| Shares Outstanding | 54.3 M | 571.82 M |
| Shares Owned By Insiders | 19.45 % | 10.09 % |
| Shares Owned By Institutions | 43.52 % | 39.21 % |
| Number Of Shares Shorted | 467.7 K | 4.71 M |
| Price To Book | 3.48 X | 9.51 X |
| Price To Sales | 2.20 X | 11.42 X |
| Revenue | 127.63 M | 9.43 B |
| Gross Profit | 69.8 M | 27.38 B |
| EBITDA | (46.29 M) | 3.9 B |
| Net Income | (48.53 M) | 570.98 M |
| Cash And Equivalents | 88.08 M | 2.7 B |
| Cash Per Share | 2.78 X | 5.01 X |
| Total Debt | 46.34 M | 5.32 B |
| Debt To Equity | 0.52 % | 48.70 % |
| Current Ratio | 1.82 X | 2.16 X |
| Book Value Per Share | 1.45 X | 1.93 K |
| Cash Flow From Operations | 12.51 M | 971.22 M |
| Short Ratio | 1.22 X | 4.00 X |
| Earnings Per Share | (1.11) X | 3.12 X |
| Target Price | 11.7 | |
| Beta | 0.9 | -0.15 |
| Market Capitalization | 281.27 M | 19.03 B |
| Total Asset | 168.56 M | 29.47 B |
| Retained Earnings | (195.99 M) | 9.33 B |
| Working Capital | 5.95 M | 1.48 B |
| Net Asset | 168.56 M |
Note: Disposition of 6 shares by Tina Cessna of Backblaze at 11. subject to Rule 16b-3 [view details]
Backblaze Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Backblaze . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Backblaze Buy or Sell Advice
When is the right time to buy or sell Backblaze? Buying financial instruments such as Backblaze Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Backblaze in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Backblaze Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 (1.11) | Revenue Per Share | Quarterly Revenue Growth 0.176 | 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. 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.