Backblaze (BLZE) vs Rackspace Technology (RXT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Rackspace Technology (RXT) has outperformed Backblaze (BLZE) over the past year, gaining 173.0% versus a gain of 46.5%. Rackspace Technology is the larger company by market cap ($981.3 million vs $849.9 million), about 1.2 times the size. On valuation, Rackspace Technology trades at a lower forward P/E (28.3x vs 50.9x for Backblaze).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BLZE | RXT |
|---|---|---|
| Share price | $13.73 | $3.85 |
| Market cap | $849.89M | $981.26M |
| 1-day change | -0.51% | -4.23% |
| YTD return | +194.64% | +296.50% |
| 1-year return | +46.53% | +173.05% |
| 5-year return | — | -74.23% |
| Forward P/E | 50.85 | 28.34 |
| EPS (TTM) | $-0.36 | $-0.65 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $23.99 | $8.60 |
| 52-week low | $3.26 | $0.393 |
| Distance from 52-week high | -42.77% | -55.23% |
| Analyst consensus | buy | none |
| Avg. price target upside | +66.28% | +23.90% |
| Average volume | 2.46M | 9.34M |
| Shares outstanding | 61.90M | 254.87M |
| Employees | 320 | 5,000 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Software - Infrastructure |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- RXT has outperformed BLZE by 126.5 percentage points over the past year.
About Backblaze
BLZE stock →Backblaze, Inc., a cloud storage platform, provides businesses and consumers cloud services to store, use, and protect data in the United States, the United Kingdom, Canada, and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware.
Technology · Computer Software: Prepackaged Software · 320 employees
About Rackspace Technology
RXT stock →Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally.
Technology · Software - Infrastructure · 5,000 employees
BLZE vs RXT FAQ
Which is bigger, Backblaze or Rackspace Technology?
Rackspace Technology (RXT) is larger, with a market capitalization of $981.26M compared with $849.89M for Backblaze (BLZE).
Which stock has performed better over the past year, BLZE or RXT?
RXT returned +173.05% over the past 12 months, compared with +46.53% for BLZE (price return, excluding dividends). Past performance does not predict future results.
Are Backblaze and Rackspace Technology in the same industry?
Both are in the Technology sector, but in different industries: Computer Software: Prepackaged Software for Backblaze and Software - Infrastructure for Rackspace Technology.