Is Backblaze Inc (BLZE) overvalued? · rev $127.6M
Backblaze Inc (BLZE) is a software - infrastructure company listed on NASDAQ.
This page asks whether Backblaze Inc (BLZE) looks expensive on cached numbers — not a short thesis.
Latest reported BLZE revenue for 2024-12-31 was $127.6M. Net income was -$48.5M. Revenue was up 25.1% from 2023-12-31 to 2024-12-31. BLZE currently screens at market cap $519.1M.
BLZE currently screens at market cap $519.1M. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next BLZE 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the BLZE stock page for the full model, not this heading.
Not investment advice.