Contrasting Backblaze (NASDAQ:BLZE) & Quantum Computing (NASDAQ:QUBT)

Quantum Computing (NASDAQ:QUBT) and Backblaze (NASDAQ:BLZE) 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 dividends, institutional ownership, risk, profitability, valuation, analyst recommendations and earnings.

Analyst Ratings

This is a breakdown of current recommendations for Quantum Computing and Backblaze, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Quantum Computing	1	2	3	0	2.33
Backblaze	2	1	7	0	2.50

Quantum Computing currently has a consensus target price of $17.00, indicating a potential upside of 131.61%. Backblaze has a consensus target price of $7.21, indicating a potential upside of 97.65%. Given Quantum Computing’s higher possible upside, analysts clearly believe Quantum Computing is more favorable than Backblaze.

Earnings and Valuation

This table compares Quantum Computing and Backblaze”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Quantum Computing	$680,000.00	2,423.71	-$33.68 million	($0.15)	-48.93
Backblaze	$145.84 million	1.50	-$25.61 million	($0.46)	-7.93

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

Profitability

This table compares Quantum Computing and Backblaze’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Quantum Computing	N/A	N/A	N/A
Backblaze	-17.56%	-27.38%	-11.98%

Volatility and Risk

Quantum Computing has a beta of 3.51, meaning that its stock price is 251% more volatile than the S&P 500. Comparatively, Backblaze has a beta of 1.3, meaning that its stock price is 30% more volatile than the S&P 500.

Institutional & Insider Ownership

4.3% of Quantum Computing shares are owned by institutional investors. Comparatively, 54.0% of Backblaze shares are owned by institutional investors. 19.3% of Quantum Computing shares are owned by insiders. Comparatively, 5.2% of Backblaze shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Quantum Computing beats Backblaze on 8 of the 14 factors compared between the two stocks.

About Quantum Computing

Quantum Computing Inc., an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure. The company was formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was incorporated in 2018 and is based in Hoboken, New Jersey.

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.