Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
11.38
-0.69 (-5.72%)
Jul 29, 2026, 4:00 PM EDT - Market closed
Backblaze Stock Forecast
Stock Price Forecast
According to 7 analysts polled by S&P Global, Backblaze stock has a consensus rating of "Buy" and an average price target of $15.17. The average 1-year stock price forecast is 33.30% higher than the current stock price, while the lowest is $14 (+23.02%) and the highest is $16 (+40.60%).
Price Target: $15.17 (+33.30%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 5 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citizens JMP | Citizens JMP | Buy Maintains $14 → $16 | Buy | Maintains | $14 → $16 | +40.60% | Jul 23, 2026 |
| Lake Street | Lake Street | Buy Reiterates $11 → $14 | Buy | Reiterates | $11 → $14 | +23.02% | Jun 24, 2026 |
| B. Riley Securities | B. Riley Securities | Buy Reiterates $7 → $16 | Buy | Reiterates | $7 → $16 | +40.60% | Jun 24, 2026 |
| Needham | Needham | Buy Maintains $14 | Buy | Maintains | $14 | +23.02% | Jun 24, 2026 |
| William Blair | William Blair | Hold Upgrades $11 | Hold | Upgrades | $11 | -3.34% | Jun 23, 2026 |
Financial Forecast
Revenue This Year
162.33M
from 145.84M
Increased by 11.31%
Revenue Next Year
189.04M
from 162.33M
Increased by 16.45%
EPS This Year
0.13
from 0.07
Increased by 78.57%
EPS Next Year
0.16
from 0.13
Increased by 29.60%
EPS and Forward PE are based on non-GAAP adjusted numbers.