Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
7.74
-1.05 (-11.95%)
At close: Nov 13, 2026, 4:00 PM EST
7.76
+0.02 (0.26%)
After-hours: Nov 13, 2026, 7:59 PM EST

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 $21.5. The average 1-year stock price forecast is 177.78% higher than the current stock price, while the lowest is $15 (+93.80%) and the highest is $25 (+223.00%).

Price Target: $21.5 (+177.78%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$15$21.5$22$25
Change+93.80%+177.78%+184.24%+223.00%

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

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy544444
Buy222222
Hold111111
Sell000000
Strong Sell000000
Total877777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Oppenheimer
Oppenheimer
Buy
Maintains
$25
BuyMaintains$25+223.00%Nov 4, 2026
B. Riley Securities
B. Riley Securities
Buy
Reiterates
$24
BuyReiterates$24+210.08%Oct 22, 2026
William Blair
William Blair
Hold
Maintains
n/a
HoldMaintainsn/an/aOct 1, 2026
Craig-Hallum
Craig-Hallum
Buy
Maintains
$23
BuyMaintains$23+197.16%Sep 11, 2026
Needham
Needham
Buy
Maintains
$23
BuyMaintains$23+197.16%Sep 10, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
178.01M
from 145.84M
Increased by 22.07%
Revenue Next Year
222.88M
from 178.01M
Increased by 25.20%
EPS This Year
0.31
from 0.07
Increased by 336.73%
EPS Next Year
0.31
from 0.31
Increased by 1.40%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
67.48M85.16M102.02M127.63M145.84M178.01M
Revenue Growth
25.46%26.20%19.80%25.10%14.27%22.07%
Operating Income
-18.79M-48.11M-54.29M-41.43M-20.61M24.68M
Net Income
-21.70M-51.40M-59.71M-48.53M-25.61M-16.05M
EPS
----0.070.31
EPS Growth
-----336.73%
Forward PE
----191.7725.32
Free Cash Flow
-----5.42M-45.56M
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High178.2M
Avg178.0M
Low177.8M

Revenue Growth

Revenue Growth202620272028
High
22.2%
Avg
22.1%
Low
21.9%

EPS Forecast

EPS202620272028
High0.33
Avg0.31
Low0.28

EPS Growth

EPS Growth202620272028
High
371.4%
Avg
336.7%
Low
300.0%