Backblaze (NASDAQ:BLZE – Get Free Report) and Wix.com (NASDAQ:WIX – Get Free Report) are both technology companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, valuation, institutional ownership and risk.
Profitability
This table compares Backblaze and Wix.com’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Backblaze | -11.47% | -13.34% | -4.35% |
| Wix.com | -8.54% | -1.61% | -0.13% |
Volatility and Risk
Backblaze has a beta of 1.64, indicating that its stock price is 64% more volatile than the S&P 500. Comparatively, Wix.com has a beta of 1.06, indicating that its stock price is 6% more volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of recent ratings and price targets for Backblaze and Wix.com, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Backblaze | 1 | 1 | 7 | 0 | 2.67 |
| Wix.com | 3 | 10 | 10 | 0 | 2.30 |
Backblaze presently has a consensus price target of $18.57, suggesting a potential upside of 111.28%. Wix.com has a consensus price target of $89.52, suggesting a potential upside of 35.85%. Given Backblaze’s stronger consensus rating and higher probable upside, research analysts plainly believe Backblaze is more favorable than Wix.com.
Valuation and Earnings
This table compares Backblaze and Wix.com”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Backblaze | $145.84 million | 3.81 | -$25.61 million | ($0.31) | -28.35 |
| Wix.com | $2.20 billion | 1.75 | $50.65 million | ($3.85) | -17.12 |
Wix.com has higher revenue and earnings than Backblaze. Backblaze is trading at a lower price-to-earnings ratio than Wix.com, indicating that it is currently the more affordable of the two stocks.
Institutional & Insider Ownership
54.0% of Backblaze shares are held by institutional investors. Comparatively, 81.5% of Wix.com shares are held by institutional investors. 4.2% of Backblaze shares are held by company insiders. Comparatively, 6.2% of Wix.com shares are held 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
Wix.com beats Backblaze on 8 of the 13 factors compared between the two stocks.
About Backblaze
Backblaze, Inc. provides cloud storage and data-protection services for individuals and businesses. Its offerings include Backblaze Computer Backup, which backs up files from computers, and Backblaze B2 Cloud Storage, an object-storage service used to store and manage data. Founded in 2007, the company serves customers around the world through its cloud platform. B2 Cloud Storage supports integrations with a range of software and storage tools, while the company’s backup services are designed to help customers protect and restore data.
About Wix.com
Wix.com Ltd. is a cloud-based platform that enables individuals, businesses and organizations to create and manage websites. Its tools include customizable templates, a visual website editor and hosting, allowing users to build sites without advanced coding skills or develop more customized experiences. The company also offers services for online businesses, including e-commerce features, appointment booking, payments, marketing tools and website analytics. Its products are designed to help customers manage multiple aspects of their online presence through one platform.
Receive News & Ratings for Backblaze Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Backblaze and related companies with MarketBeat.com's FREE daily email newsletter.
