Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
4.890
-0.100 (-2.00%)
At close: Aug 1, 2025, 4:00 PM
4.910
+0.020 (0.41%)
After-hours: Aug 1, 2025, 4:42 PM EDT
Backblaze Stock Forecast
Stock Price Forecast
The 7 analysts that cover Backblaze stock have a consensus rating of "Strong Buy" and an average price target of $10.29, which forecasts a 110.43% increase in the stock price over the next year. The lowest target is $7.00 and the highest is $14.
Price Target: $10.29 (+110.43%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 24, 2025.
Analyst Ratings
The average analyst rating for Backblaze stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Initiates $7 | Buy | Initiates | $7 | +43.15% | Jun 24, 2025 |
| Needham | Needham | Strong Buy Initiates $8 | Strong Buy | Initiates | $8 | +63.60% | Mar 11, 2025 |
| Lake Street | Lake Street | Strong Buy Maintains $12 → $11 | Strong Buy | Maintains | $12 → $11 | +124.95% | Feb 26, 2025 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $12 → $11 | Strong Buy | Maintains | $12 → $11 | +124.95% | Feb 18, 2025 |
| Raymond James | Raymond James | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +186.30% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
148.16M
from 127.63M
Increased by 16.09%
Revenue Next Year
169.05M
from 148.16M
Increased by 14.10%
EPS This Year
-0.63
from -1.11
EPS Next Year
-0.46
from -0.63
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 153.6M | 177.1M |
| Avg | 148.2M | 169.1M |
| Low | 141.1M | 158.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 20.4% | 19.6% |
| Avg | 16.1% | 14.1% |
| Low | 10.6% | 7.2% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | -0.46 | -0.32 |
| Avg | -0.63 | -0.46 |
| Low | -0.69 | -0.54 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.