BLZE vs. CRNC, BBAI, MIXT, WDH, AMSWA, LAW, PRCH, CTV, MTLS, and DDD
Should you be buying Backblaze stock or one of its competitors? The main competitors of Backblaze include Cerence (CRNC), BigBear.ai (BBAI), MiX Telematics (MIXT), Waterdrop (WDH), American Software (AMSWA), CS Disco (LAW), Porch Group (PRCH), Innovid (CTV), Materialise (MTLS), and 3D Systems (DDD).
Cerence (NASDAQ:CRNC) and Backblaze (NASDAQ:BLZE) are both small-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, profitability, earnings, dividends, risk, valuation, analyst recommendations, institutional ownership and media sentiment.
Cerence has a net margin of -8.66% compared to Cerence's net margin of -57.70%. Backblaze's return on equity of 2.53% beat Cerence's return on equity.
91.4% of Cerence shares are held by institutional investors. Comparatively, 54.0% of Backblaze shares are held by institutional investors. 1.2% of Cerence shares are held by insiders. Comparatively, 5.2% of Backblaze shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
In the previous week, Cerence and Cerence both had 6 articles in the media. Cerence's average media sentiment score of 0.20 beat Backblaze's score of 0.00 indicating that Backblaze is being referred to more favorably in the news media.
Cerence has higher revenue and earnings than Backblaze. Cerence is trading at a lower price-to-earnings ratio than Backblaze, indicating that it is currently the more affordable of the two stocks.
Cerence received 63 more outperform votes than Backblaze when rated by MarketBeat users. Likewise, 59.72% of users gave Cerence an outperform vote while only 57.50% of users gave Backblaze an outperform vote.
Cerence presently has a consensus target price of $20.83, indicating a potential upside of 117.92%. Backblaze has a consensus target price of $14.00, indicating a potential upside of 41.27%. Given Backblaze's higher probable upside, equities analysts plainly believe Cerence is more favorable than Backblaze.
Cerence has a beta of 2.57, indicating that its stock price is 157% more volatile than the S&P 500. Comparatively, Backblaze has a beta of 1.21, indicating that its stock price is 21% more volatile than the S&P 500.
Summary
Cerence beats Backblaze on 11 of the 17 factors compared between the two stocks.
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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.
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