Backblaze, Inc. () Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

191.04 k

Shareholding (Jun 2025)

FII

7.80%

Held by 40 FIIs

DII

74.6%

Held by 21 DIIs

Promoter

0.04%

How big is Backblaze, Inc.?

22-Jun-2025

As of Jun 18, Backblaze, Inc. has a market capitalization of 282.19 million, with net sales of 132.28 million and a net profit of -46.80 million over the latest four quarters. Shareholder's funds are 77.62 million, and total assets are 168.56 million.

What does Backblaze, Inc. do?

22-Jun-2025

Backblaze, Inc. is a micro-cap company in the IT - Hardware industry, reporting net sales of $35 million and a net loss of $9 million as of March 2025. It has a market cap of $282.19 million, with key metrics indicating no dividend yield and negative return on equity.

Should I buy, sell or hold Backblaze, Inc.?

22-Jun-2025

Is Backblaze, Inc. technically bullish or bearish?

28-Oct-2025

As of October 24, 2025, Backblaze, Inc. shows a bullish technical trend supported by positive MACD and Bollinger Bands, though caution is advised due to a bearish KST signal and mildly bearish OBV.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.Unlock 29 Markets

Dashboard

Positive results in Jun 25

OPERATING CASH FLOW(Y) Highest at USD 14.79 MM
ROCE(HY) Highest at -69.83%
NET SALES(Q) Highest at USD 36.3 MM

Risky - Negative EBITDA

High Institutional Holdings at 60.16%

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

IT - Hardware

Market cap

USD 516 Million (Micro Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.38

Return on Equity

-53.12%

Price to Book

6.48

Revenue and Profits:

Net Sales:

36 Million

(Quarterly Results - Jun 2025)

Net Profit:

-7 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-42.14%

6 Months

-17.91%

1 Year

-29.46%

2 Years

-36.8%

3 Years

0.21%

4 Years

-78.39%

5 Years

0.0%

Backblaze, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Is Backblaze, Inc. technically bullish or bearish?

As of 24 October 2025, the technical trend for Backblaze, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting a positive outlook. Additionally, the Bollinger Bands are bullish on both time frames, and the daily moving averages also indicate a bullish stance. However, the KST shows a bearish signal on the monthly, and the OBV is mildly bearish on the weekly, suggesting some caution. There is no available return data to compare the company's performance against the S&P 500. Overall, the current technical stance is bullish, with a strong emphasis on the positive MACD and Bollinger Bands....

Is Backblaze, Inc. technically bullish or bearish?

As of 24 October 2025, the technical trend for Backblaze, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. Additionally, the Bollinger Bands are bullish on both time frames, and the daily moving averages also indicate a bullish stance. However, the KST shows a mixed signal with a bullish weekly but bearish monthly reading. The OBV is mildly bearish on the weekly, while the monthly shows no trend, indicating some divergence in volume support. Overall, the technical stance is bullish, driven primarily by the strong MACD and Bollinger Bands. There is no available return data to compare the company's performance against the S&P 500....

Is Backblaze, Inc. technically bullish or bearish?

As of 24 October 2025, the technical trend for Backblaze, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD are both bullish, indicating positive momentum. Bollinger Bands are also bullish on both time frames, reinforcing the upward trend. The daily moving averages are bullish, suggesting strong short-term support. However, the KST shows a bearish signal on the monthly, and the OBV is mildly bearish on the weekly, indicating some selling pressure. The stock has outperformed the S&P 500 significantly year-to-date with a return of 73.42% compared to the S&P 500's 15.47%. Overall, the current technical stance is bullish, with strong indicators supporting this view....

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

23.06%

EBIT Growth (5y)

-218.92%

EBIT to Interest (avg)

-9.33

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-0.43

Sales to Capital Employed (avg)

1.39

Tax Ratio

0.18%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

53.98%

ROCE (avg)

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

4.01

EV to EBIT

-6.41

EV to EBITDA

-19.51

EV to Capital Employed

6.27

EV to Sales

2.11

PEG Ratio

Dividend Yield

ROCE (Latest)

-97.75%

ROE (Latest)

-58.58%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bearish

Dow Theory

No Trend

Mildly Bearish

OBV

No Trend

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Jun 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 35 Schemes (17.56%)

Foreign Institutions

Held by 40 Foreign Institutions (7.8%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is 15.97% vs 27.24% in Jun 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is 31.07% vs 27.97% in Jun 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "36.30",
          "val2": "31.30",
          "chgp": "15.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-1.20",
          "val2": "-2.80",
          "chgp": "57.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.90",
          "val2": "0.90",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-7.10",
          "val2": "-10.30",
          "chgp": "31.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-185.10%",
          "val2": "-313.50%",
          "chgp": "12.84%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 25.10% vs 19.72% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 18.76% vs -16.15% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "127.60",
          "val2": "102.00",
          "chgp": "25.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-13.10",
          "val2": "-29.40",
          "chgp": "55.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.70",
          "val2": "3.80",
          "chgp": "-2.63%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-4.90",
          "val2": "-3.60",
          "chgp": "-36.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-48.50",
          "val2": "-59.70",
          "chgp": "18.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-324.60%",
          "val2": "-532.10%",
          "chgp": "20.75%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Jun'25

Jun'24

Change(%)

Net Sales

36.30

31.30

15.97%

Operating Profit (PBDIT) excl Other Income

-1.20

-2.80

57.14%

Interest

0.90

Exceptional Items

0.00

Consolidate Net Profit

-7.10

-10.30

31.07%

Operating Profit Margin (Excl OI)

-185.10%

-313.50%

12.84%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Jun 2025 is 15.97% vs 27.24% in Jun 2024

Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is 31.07% vs 27.97% in Jun 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

127.60

102.00

25.10%

Operating Profit (PBDIT) excl Other Income

-13.10

-29.40

55.44%

Interest

3.70

3.80

-2.63%

Exceptional Items

-4.90

-3.60

-36.11%

Consolidate Net Profit

-48.50

-59.70

18.76%

Operating Profit Margin (Excl OI)

-324.60%

-532.10%

20.75%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 25.10% vs 19.72% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 18.76% vs -16.15% in Dec 2023

All Annual Results

Company CV

About Backblaze, Inc.

Backblaze, Inc.

IT - Hardware

No Details Available.

Company Coordinates

No Company Details Available

Backblaze, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is Backblaze, Inc.?

Watch in Real-Time

What does Backblaze, Inc. do?

Should I buy, sell or hold Backblaze, Inc.?

Is Backblaze, Inc. technically bullish or bearish?

MarketsMojo — Loved in India, Now Global

Dashboard

Positive results in Jun 25

Risky - Negative EBITDA

High Institutional Holdings at 60.16%

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Is Backblaze, Inc. technically bullish or bearish?

Is Backblaze, Inc. technically bullish or bearish?

Is Backblaze, Inc. technically bullish or bearish?

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Jun 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Annual Results Snapshot (Consolidated) - Dec'24

About Backblaze, Inc.

Company Coordinates