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Backblaze (BLZE) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

BLZE Stock Forecast

Backblaze (BLZE) stock forecast, based on 9 Wall Street analysts, predicts a 12-month average price target of $8.10, with a high of $11.00 and a low of $4.50. This represents a 5.88% increase from the last price of $7.65.

$4 $5 $6 $7 $8 $9 $10 $11 High: $11 Avg: $8.1 Low: $4.5 Last Closed Price: $7.65

BLZE Stock Rating

Backblaze stock's rating consensus is Buy, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (88.89%), 0 Hold (0.00%), 1 Sell (11.11%), and 0 Strong Sell (0.00%).

Buy
Total 9 0 1 0 8 Strong Sell Sell Hold Buy Strong Buy

BLZE Price Target Upside V Benchmarks

TypeNameUpside
StockBackblaze5.88%
SectorTechnology Stocks 17.57%

Price Target Trends

1M3M12M
# Anlaysts-28
Avg Price Target-$9.75$8.19
Last Closing Price$7.65$7.65$7.65
Upside/Downside-27.45%7.06%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 26241-18
May, 26241-18
Apr, 26241-18
Mar, 26251--8
Feb, 2626---8
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 05, 2026Lake Street$11.00$4.64137.07%43.79%
May 05, 2026Needham$8.50$4.6483.19%11.11%
Feb 24, 2026Eric MartinuzziLoop Capital Markets$8.00$3.89105.66%4.58%
Feb 24, 2026Lake Street$8.00$4.2389.13%4.58%
Feb 24, 2026Oppenheimer$8.50$4.3794.51%11.11%
Feb 24, 2026Craig-Hallum$4.50$4.372.97%-41.18%
Feb 24, 2026Matt DezortNeedham$6.00$4.0149.63%-21.57%
Oct 17, 2025Oppenheimer$11.00$9.4816.03%43.79%
Mar 11, 2025Needham$8.00$5.1056.86%4.58%
Oct 21, 2024Jeff Van RheeCraig-Hallum$11.00$7.4847.06%43.79%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
May 05, 2026Lake StreetBuyBuyhold
May 05, 2026NeedhamBuyBuyhold
Feb 24, 2026Lake StreetBuyBuyhold
Feb 24, 2026Craig-HallumBuyHolddowngrade
Feb 24, 2026NeedhamBuyBuyhold
Feb 24, 2026CitigroupMarket OutperformMarket Outperformhold
Nov 06, 2025Raymond JamesOutperformOutperformhold
Oct 17, 2025OppenheimerOutperformOutperformhold
Mar 11, 2025NeedhamBuyinitialise
Oct 21, 2024Craig-HallumBuyBuyhold

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-0.71$-1.63$-1.66$-1.11$-0.46-
Avg Forecast$-0.78$-1.06$-0.90$-0.44$-0.20$0.08
High Forecast$-0.77$-1.04$-0.85$-0.41$-0.13$0.08
Low Forecast$-0.79$-1.07$-0.98$-0.46$-0.26$0.08
Surprise %-8.97%53.77%84.44%152.27%130.00%-

Revenue Forecast

$65M $86M $107M $128M $149M $170M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$67.48M$85.16M$102.02M$127.63M$145.84M-
Avg Forecast$66.80M$84.89M$101.48M$127.54M$146.34M$164.30M
High Forecast$67.36M$85.44M$101.61M$127.68M$147.21M$165.72M
Low Forecast$66.07M$84.06M$101.39M$127.48M$145.51M$162.13M
Surprise %1.02%0.32%0.54%0.07%-0.34%-

Net Income Forecast

$-60M $-47M $-34M $-21M $-8M $5M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-21.70M$-51.40M$-59.71M$-48.53M$-25.61M-
Avg Forecast$-28.09M$-38.05M$-32.94M$-15.68M$-7.04M$2.88M
High Forecast$-27.69M$-37.57M$-30.65M$-14.76M$-4.69M$2.91M
Low Forecast$-28.39M$-38.37M$-35.23M$-16.60M$-9.39M$2.83M
Surprise %-22.73%35.07%81.28%209.49%263.79%-

BLZE Forecast FAQ

Is Backblaze stock a buy?

Backblaze stock has a consensus rating of Buy, based on 9 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 0 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Backblaze is a favorable investment for most analysts.

What is Backblaze's price target?

Backblaze's price target, set by 9 Wall Street analysts, averages $8.1 over the next 12 months. The price target range spans from $4.5 at the low end to $11 at the high end, suggesting a potential 5.88% change from the previous closing price of $7.65.

How does Backblaze stock forecast compare to its benchmarks?

Backblaze's stock forecast shows a 5.88% upside, underperforming the average forecast for the technology stocks sector (17.57%).

What is the breakdown of analyst ratings for Backblaze over the past three months?

  • June 2026: 25.00% Strong Buy, 50.00% Buy, 12.50% Hold, 0% Sell, 12.50% Strong Sell.
  • May 2026: 25.00% Strong Buy, 50.00% Buy, 12.50% Hold, 0% Sell, 12.50% Strong Sell.
  • April 2026: 25.00% Strong Buy, 50.00% Buy, 12.50% Hold, 0% Sell, 12.50% Strong Sell.

What is Backblaze’s EPS forecast?

Backblaze's average annual EPS forecast for its fiscal year ending in December 2026 is $0.08, marking a -117.39% decrease from the reported $-0.46 in 2025..

What is Backblaze’s revenue forecast?

Backblaze's average annual revenue forecast for its fiscal year ending in December 2026 is $164.3M, reflecting a 12.66% increase from the reported $145.84M in 2025.

What is Backblaze’s net income forecast?

Backblaze's net income forecast for the fiscal year ending in December 2026 stands at $2.88M, representing a -111.25% decrease from the reported $-25.612M in 2025.