Backblaze (BLZE) Competitors

Backblaze (NASDAQ:BLZE) and Red Violet (NASDAQ:RDVT) are both small-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, earnings, media sentiment, analyst recommendations, community ranking, valuation, profitability, dividends and risk.

Does the MarketBeat Community favor BLZE or RDVT?

Red Violet received 43 more outperform votes than Backblaze when rated by MarketBeat users. Likewise, 62.26% of users gave Red Violet an outperform vote while only 57.50% of users gave Backblaze an outperform vote.

Company	Underperform	Outperform
Backblaze	Outperform Votes 23 57.50%	Underperform Votes 17 42.50%
Red Violet	Outperform Votes 66 62.26%	Underperform Votes 40 37.74%

Which has more volatility and risk, BLZE or RDVT?

Backblaze has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500. Comparatively, Red Violet has a beta of 1.16, suggesting that its stock price is 16% more volatile than the S&P 500.

Which has preferable earnings and valuation, BLZE or RDVT?

Red Violet has lower revenue, but higher earnings than Backblaze. Backblaze is trading at a lower price-to-earnings ratio than Red Violet, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Backblaze	$102.02M	2.75	-$59.71M	-$1.42	-4.76
Red Violet	$60.20M	4.92	$13.53M	$1.02	21.17

Is BLZE or RDVT more profitable?

Red Violet has a net margin of 23.14% compared to Backblaze's net margin of -48.62%. Red Violet's return on equity of 17.94% beat Backblaze's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Backblaze	-48.62%	-105.67%	-38.46%
Red Violet	23.14%	17.94%	16.61%

Do analysts prefer BLZE or RDVT?

Backblaze presently has a consensus price target of $14.00, suggesting a potential upside of 107.10%. Red Violet has a consensus price target of $25.00, suggesting a potential upside of 15.79%. Given Backblaze's higher probable upside, analysts clearly believe Backblaze is more favorable than Red Violet.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Backblaze	0 Sell rating(s)	0 Hold rating(s)	4 Buy rating(s)	0 Strong Buy rating(s)	3.00
Red Violet	0 Sell rating(s)	0 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	3.00

Does the media favor BLZE or RDVT?

In the previous week, Backblaze had 10 more articles in the media than Red Violet. MarketBeat recorded 13 mentions for Backblaze and 3 mentions for Red Violet. Red Violet's average media sentiment score of 1.15 beat Backblaze's score of 0.31 indicating that Red Violet is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Backblaze	2 Very Positive mention(s)	1 Positive mention(s)	3 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral
Red Violet	0 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Do institutionals and insiders hold more shares of BLZE or RDVT?

54.0% of Backblaze shares are owned by institutional investors. Comparatively, 63.6% of Red Violet shares are owned by institutional investors. 5.2% of Backblaze shares are owned by company insiders. Comparatively, 9.5% of Red Violet shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Red Violet beats Backblaze on 12 of the 17 factors compared between the two stocks.