Backblaze (NASDAQ:BLZE – Get Free Report) and Corvex (NASDAQ:MOVE – Get Free Report) are both small-cap technology companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, earnings, valuation, analyst recommendations, institutional ownership and profitability.
Profitability
This table compares Backblaze and Corvex’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Backblaze | -13.07% | -16.73% | -7.10% |
| Corvex | -624.33% | N/A | -9.12% |
Earnings and Valuation
This table compares Backblaze and Corvex”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Backblaze | $145.84 million | 3.65 | -$25.61 million | ($0.34) | -25.29 |
| Corvex | $430,000.00 | 587.71 | -$18.28 million | ($18.86) | -0.42 |
Corvex has lower revenue, but higher earnings than Backblaze. Backblaze is trading at a lower price-to-earnings ratio than Corvex, indicating that it is currently the more affordable of the two stocks.
Volatility & Risk
Backblaze has a beta of 1.56, indicating that its stock price is 56% more volatile than the S&P 500. Comparatively, Corvex has a beta of 0.87, indicating that its stock price is 13% less volatile than the S&P 500.
Analyst Ratings
This is a summary of recent recommendations for Backblaze and Corvex, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Backblaze | 1 | 1 | 8 | 0 | 2.70 |
| Corvex | 1 | 1 | 1 | 0 | 2.00 |
Backblaze presently has a consensus price target of $19.71, suggesting a potential upside of 129.24%. Corvex has a consensus price target of $18.75, suggesting a potential upside of 134.08%. Given Corvex’s higher probable upside, analysts plainly believe Corvex is more favorable than Backblaze.
Institutional & Insider Ownership
54.0% of Backblaze shares are held by institutional investors. Comparatively, 16.6% of Corvex shares are held by institutional investors. 4.2% of Backblaze shares are held by insiders. Comparatively, 23.7% of Corvex shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Summary
Backblaze beats Corvex on 8 of the 14 factors compared between the two stocks.
About Backblaze
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.
About Corvex
Movano Inc. engages in developing a platform to deliver healthcare solutions at the intersection of medical and consumer devices. The company is involved in the development of Evie Ring, which is a wearable designed specifically for women that combines health and wellness metrics comprises resting heart rate, heart rate variability (HRV), blood oxygen saturation (SpO2), respiration rate, skin temperature variability, period and ovulation tracking, and menstrual symptom tracking, as well as activity profile, including steps, active minutes and calories burned, sleep stages and duration, and mood tracking. It develops System-on-a-Chip (SoC) for blood pressure or continuous glucose monitoring (CGM) systems. The company was formerly known as Maestro Sensors Inc. and changed its name to Movano Inc. in August 2018. Movano Inc. was incorporated in 2018 and is based in Pleasanton, California.
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