MENU
+Compare
BLZE
Stock ticker: NASDAQ
AS OF
Feb 21 closing price
Price
$7.21
Change
-$0.24 (-3.22%)
Capitalization
400.12M

BLZE Backblaze Forecast, Technical & Fundamental Analysis

BLZE
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
a Summary for BLZE with price predictions
Feb 21, 2025

BLZE saw its Stochastic Oscillator recovers from the overbought zone

The Stochastic Oscillator for BLZE moved out of overbought territory on February 21, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 35 similar instances where the indicator exited the overbought zone. In of the 35 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for BLZE moved out of overbought territory on February 14, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 21 similar instances where the indicator moved out of overbought territory. In of the 21 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BLZE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BLZE broke above its upper Bollinger Band on February 07, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for BLZE entered a downward trend on February 06, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 07, 2025. You may want to consider a long position or call options on BLZE as a result. In of 56 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BLZE just turned positive on February 05, 2025. Looking at past instances where BLZE's MACD turned positive, the stock continued to rise in of 25 cases over the following month. The odds of a continued upward trend are .

BLZE moved above its 50-day moving average on February 07, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for BLZE crossed bullishly above the 50-day moving average on February 11, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

The 50-day moving average for BLZE moved above the 200-day moving average on February 20, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where BLZE advanced for three days, in of 194 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (8.905) is normal, around the industry mean (30.949). P/E Ratio (0.000) is within average values for comparable stocks, (161.461). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.763). Dividend Yield (0.000) settles around the average of (0.086) among similar stocks. P/S Ratio (3.608) is also within normal values, averaging (58.478).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BLZE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BLZE’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.

View a ticker or compare two or three
BLZE
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I. Advisor
published Earnings

BLZE is expected to report earnings to fall 10.60% to -8 cents per share on February 25

Backblaze BLZE Stock Earnings Reports
Q4'24
Est.
$-0.09
Q3'24
Beat
by $0.01
Q2'24
Beat
by $0.02
Q1'24
Beat
by $0.01
Q4'23
Beat
by $0.03
The last earnings report on November 07 showed earnings per share of -10 cents, beating the estimate of -10 cents. With 750.60K shares outstanding, the current market capitalization sits at 400.12M.
A.I. Advisor
published General Information

General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
500 Ben Franklin Ct
Phone
+1 650 352-3738
Employees
393
Web
https://www.backblaze.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
TEMUX14.24-0.02
-0.14%
Morgan Stanley Pathway Em Mkts Eq
APHHX20.96-0.03
-0.14%
Artisan Global Equity Institutional
BNIVX10.13-0.03
-0.30%
Barrow Hanley International Value I
PCHSX33.45-0.13
-0.39%
Putnam Global Health Care C
TIERX8.36-0.09
-1.07%
Nuveen International Eq A

BLZE and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, BLZE has been loosely correlated with RIOT. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if BLZE jumps, then RIOT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BLZE
1D Price
Change %
BLZE100%
-3.22%
RIOT - BLZE
53%
Loosely correlated
-9.83%
COIN - BLZE
51%
Loosely correlated
-8.27%
CLSK - BLZE
49%
Loosely correlated
-8.05%
GXAI - BLZE
37%
Loosely correlated
-7.24%
TTD - BLZE
36%
Loosely correlated
-4.85%
More