Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
8.11
+0.19 (2.40%)
At close: Jun 15, 2026, 4:00 PM EDT
8.07
-0.04 (-0.49%)
Pre-market: Jun 16, 2026, 9:04 AM EDT
Backblaze Stock Forecast
Stock Price Forecast
According to 8 analysts polled by S&P Global, Backblaze stock has a consensus rating of "Buy" and an average price target of $9.34. The average 1-year stock price forecast is 15.17% higher than the current stock price, while the lowest is $6.50 (-19.85%) and the highest is $15.9 (+96.05%).
Price Target: $9.34 (+15.17%)
Analyst Consensus: Buy
* Price targets were last updated on May 5, 2026.
Analyst Ratings
The average analyst rating for Backblaze stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 5 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Hold Maintains $4.5 → $6.5 | Hold | Maintains | $4.5 → $6.5 | -19.85% | May 5, 2026 |
| Lake Street | Lake Street | Buy Reiterates $8 → $11 | Buy | Reiterates | $8 → $11 | +35.64% | May 5, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $8.5 | Buy | Maintains | $8.5 | +4.81% | May 5, 2026 |
| Needham | Needham | Buy Reiterates $8.5 | Buy | Reiterates | $8.5 | +4.81% | May 5, 2026 |
| William Blair | William Blair | Sell Maintains n/a | Sell | Maintains | n/a | n/a | May 5, 2026 |
Financial Forecast
Revenue This Year
162.35M
from 145.84M
Increased by 11.33%
Revenue Next Year
178.64M
from 162.35M
Increased by 10.03%
EPS This Year
0.12
from 0.07
Increased by 66.71%
EPS Next Year
0.17
from 0.12
Increased by 42.66%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 163.5M | |
| Avg | 162.4M | |
| Low | 161.5M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 12.1% | |
| Avg | 11.3% | |
| Low | 10.7% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | - | |
| Avg | 0.12 | |
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | - | |
| Avg | 66.7% | |
| Low | - |