
Amount of Analyst Coverage Backblaze has only been the subject of 4 research reports in the past 90 days. The 7 analysts offering 12-month price forecasts for Backblaze Inc have a median target of 9.00, with a high estimate of 18.00 and a low. Backblaze IPO Details Backblaze will offer 6,250,000 shares at a range of 15 to 17 per share. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. According to analysts consensus price target of 11.08, Backblaze has a forecasted upside of 176.4 from its current price of 4.01. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. San Mateo, California-based Backblaze, led by. Factset: FactSet Research Systems Inc.2019. Reuters reported in November that Backblaze was seeking to hire investment banks for a 2021 IPO that could value it at around 1 billion. This initial public offering (IPO) will raise to 168 million for Backblaze, valuing the company at over 1 billion. 10, 2021, at 16 the mid-point of its 15-to-16 price range on 6.25 million shares, the same number of shares. The company will offer up to 8 million shares at an estimated price range of 19 21 per share. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Backblaze Inc., an Oakland, California-based cloud storage company, plans to debut on the Nasdaq stock exchange in June 2021. As businesses and consumers shift to the cloud, we believe our cloud services will increasingly become a foundational element of their overall technology stack.Most stock quote data provided by BATS. These customers use the Backblaze Storage Cloud platform across more than 175 countries to grow and protect their business data on our approximately 2 exabytes, or 2 trillion megabytes, of data storage under management. Shares Offered - Backblaze is looking to sell 6,250,000 shares. Referrals from our community of brand advocates, combined with our highly efficient and primarily self-serve customer acquisition model and an ecosystem of thousands of partners, have allowed us to attract over 480,000 customers. Backblaze IPO Pricing - Backblaze expects to price its shares between 15.00 and 17.00 per share. Through our blog and culture of transparency, we have built a devoted community of millions of readers and brand advocates. - Backblaze (NASDAQ: BLZE) reported fourth quarter EPS of -0.27, 0.02 better than the analyst estimate of -0.29.

By substantially reducing the complexity and frustration of storing, using, and protecting data, we empower customers to focus on their core business operations.

From genome sequencing to mapping the world, from saving lives to playing online games, from interacting with a business to running one, data is central to modern existence.
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We provide these cloud services through a purpose-built, web-scale software infrastructure built on commodity hardware. You can also pay 130 every two years for the service. We are a leading storage cloud platform, providing businesses and consumers cloud services to store, use, and protect their data in an easy and affordable manner. Backblaze charges 7 per month or 70 per year and offers unlimited cloud backup storage for one computer.
