Backblaze (NASDAQ:BLZE) versus Wix.com (NASDAQ:WIX) Head to Head Survey

Wix.com (NASDAQ:WIX – Get Free Report) and Backblaze (NASDAQ:BLZE – Get Free Report) are both technology companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, profitability, institutional ownership, earnings, dividends, risk and analyst recommendations.

Analyst Recommendations

This is a summary of current ratings and target prices for Wix.com and Backblaze, as reported by MarketBeat.

Wix.com presently has a consensus target price of $93.43, suggesting a potential upside of 22.79%. Backblaze has a consensus target price of $18.57, suggesting a potential upside of 124.56%. Given Backblaze’s stronger consensus rating and higher probable upside, analysts clearly believe Backblaze is more favorable than Wix.com.

Volatility and Risk

Wix.com has a beta of 1.06, suggesting that its share price is 6% more volatile than the S&P 500. Comparatively, Backblaze has a beta of 1.64, suggesting that its share price is 64% more volatile than the S&P 500.

Profitability

This table compares Wix.com and Backblaze’s net margins, return on equity and return on assets.

Earnings and Valuation

This table compares Wix.com and Backblaze”s top-line revenue, earnings per share and valuation.

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 and Insider Ownership

81.5% of Wix.com shares are owned by institutional investors. Comparatively, 54.0% of Backblaze shares are owned by institutional investors. 6.2% of Wix.com shares are owned by insiders. Comparatively, 4.2% of Backblaze shares are owned 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.

Summary

Wix.com beats Backblaze on 8 of the 13 factors compared between the two stocks.

About Wix.com

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Wix.com Ltd., together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers. It also provides Wix Logo Maker that generates a logo, including through the use of artificial intelligence; Wix Answers to support users; and Payments by Wix, a payment platform, which helps its users receive payments from their customers through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including Wix App Market, a marketplace that offers its registered users various free and paid web applications for building, growing, and managing their businesses; Wix marketplace that brings users seeking help in creating and managing a website together with Web experts; and Wix owner App, a native mobile application, which enables users to manage their Websites and Wix operating systems. The company was formerly known as Wixpress Ltd. The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.

About Backblaze

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Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; repository for analytics, artificial intelligence and machine learning; and Internet of Things. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo, California.