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Backblaze (BLZE) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

BLZE Stock Forecast

Backblaze (BLZE) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $7.00, with a high of $8.50 and a low of $4.50. This represents a 86.17% increase from the last price of $3.76.

$3 $4 $5 $6 $7 $8 $9 $10 $11 High: $8.5 Avg: $7 Low: $4.5 Last Closed Price: $3.76

BLZE Stock Rating

Backblaze stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 8 0 8 Strong Sell Sell Hold Buy Strong Buy

BLZE Price Target Upside V Benchmarks

TypeNameUpside
StockBackblaze86.17%
SectorTechnology Stocks 34.63%

Price Target Trends

1M3M12M
# Anlaysts556
Avg Price Target$7.00$7.00$7.67
Last Closing Price$3.76$3.76$3.76
Upside/Downside86.17%86.17%103.99%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Mar, 26251--8
Feb, 2626---8
Jan, 2625---7
Dec, 2535---8
Nov, 2535---8
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 24, 2026Eric MartinuzziLoop Capital Markets$8.00$3.89105.66%112.77%
Feb 24, 2026Lake Street$8.00$4.2389.13%112.77%
Feb 24, 2026Oppenheimer$8.50$4.3794.51%126.06%
Feb 24, 2026Craig-Hallum$4.50$4.372.97%19.68%
Feb 24, 2026Matt DezortNeedham$6.00$4.0149.63%59.57%
Oct 17, 2025Oppenheimer$11.00$9.4816.03%192.55%
Mar 11, 2025Needham$8.00$5.1056.86%112.77%
Oct 21, 2024Jeff Van RheeCraig-Hallum$11.00$7.4847.06%192.55%
Aug 09, 2024Ittai KidronOppenheimer$10.00$5.1992.68%165.96%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
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
Aug 09, 2024OppenheimerOutperformOutperformhold
Feb 09, 2024B. Riley SecuritiesBuyBuyhold

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 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 0 Hold, 0 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 8 Wall Street analysts, averages $7 over the next 12 months. The price target range spans from $4.5 at the low end to $8.5 at the high end, suggesting a potential 86.17% change from the previous closing price of $3.76.

How does Backblaze stock forecast compare to its benchmarks?

Backblaze's stock forecast shows a 86.17% upside, outperforming the average forecast for the technology stocks sector (34.63%).

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

  • March 2026: 25.00% Strong Buy, 62.50% Buy, 12.50% Hold, 0% Sell, 0% Strong Sell.
  • February 2026: 25.00% Strong Buy, 75.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • January 2026: 28.57% Strong Buy, 71.43% Buy, 0% Hold, 0% Sell, 0% 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.