BLZE vs. CTV, MTLS, RDVT, PRCH, ONTF, AMSWA, DOMO, MIXT, AEYE, and CCSI
Should you be buying Backblaze stock or one of its competitors? The main competitors of Backblaze include Innovid (CTV), Materialise (MTLS), Red Violet (RDVT), Porch Group (PRCH), ON24 (ONTF), American Software (AMSWA), Domo (DOMO), MiX Telematics (MIXT), AudioEye (AEYE), and Consensus Cloud Solutions (CCSI). These companies are all part of the "prepackaged software" industry.
Innovid (NYSE:CTV) and Backblaze (NASDAQ:BLZE) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, profitability, analyst recommendations, dividends, community ranking and media sentiment.
Innovid currently has a consensus price target of $2.70, indicating a potential upside of 34.33%. Backblaze has a consensus price target of $14.00, indicating a potential upside of 96.63%. Given Innovid's stronger consensus rating and higher possible upside, analysts plainly believe Backblaze is more favorable than Innovid.
Innovid has higher revenue and earnings than Backblaze. Innovid is trading at a lower price-to-earnings ratio than Backblaze, indicating that it is currently the more affordable of the two stocks.
Innovid has a net margin of -20.24% compared to Innovid's net margin of -48.62%. Backblaze's return on equity of -7.81% beat Innovid's return on equity.
25.5% of Innovid shares are held by institutional investors. Comparatively, 54.0% of Backblaze shares are held by institutional investors. 9.9% of Innovid shares are held by insiders. Comparatively, 5.2% of Backblaze shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Backblaze received 6 more outperform votes than Innovid when rated by MarketBeat users. However, 65.38% of users gave Innovid an outperform vote while only 57.50% of users gave Backblaze an outperform vote.
In the previous week, Backblaze had 4 more articles in the media than Innovid. MarketBeat recorded 5 mentions for Backblaze and 1 mentions for Innovid. Innovid's average media sentiment score of 1.02 beat Backblaze's score of 0.00 indicating that Backblaze is being referred to more favorably in the news media.
Innovid has a beta of 3.28, suggesting that its share price is 228% more volatile than the S&P 500. Comparatively, Backblaze has a beta of 1.21, suggesting that its share price is 21% more volatile than the S&P 500.
Summary
Innovid and Backblaze tied by winning 9 of the 18 factors compared between the two stocks.
Get Backblaze News Delivered to You Automatically
Sign up to receive the latest news and ratings for BLZE and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding BLZE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Backblaze Competitors List
Related Companies and Tools
