Backblaze Stock Forum

Gleb Budman's recent sale may worry shareholders despite the high sale price. The absence of insider purchases and history of share sales, despite high insider ownership, could cause hesitation.

Analysts predict a decrease in Backblaze's loss per share and an upgrade in revenue estimates. The wide gap in price targets indicates varied scenarios for the business.

Backblaze's high price-to-sales ratio is justified by strong revenue growth, contributing to its premium trading status. Investors' confidence in future revenues supports its robust stock price, a state likely to persist if projected growth remains on track.