Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
15.30
-0.32 (-2.05%)
At close: Jul 6, 2026, 4:00 PM EDT
15.20
-0.10 (-0.65%)
After-hours: Jul 6, 2026, 7:59 PM 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 $13.7. The average 1-year stock price forecast is 10.46% lower than the current stock price, while the lowest is $7.00 (-54.25%) and the highest is $16 (+4.58%).
Price Target: $13.7 (-10.46%)
Analyst Consensus: Buy
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 4 | 4 | 4 | 5 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Buy Reiterates $11 → $14 | Buy | Reiterates | $11 → $14 | -8.50% | Jun 24, 2026 |
| B. Riley Securities | B. Riley Securities | Buy Reiterates $7 → $16 | Buy | Reiterates | $7 → $16 | +4.58% | Jun 24, 2026 |
| Needham | Needham | Buy Maintains $14 | Buy | Maintains | $14 | -8.50% | Jun 24, 2026 |
| William Blair | William Blair | Hold Upgrades $11 | Hold | Upgrades | $11 | -28.10% | Jun 23, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Upgrades $16 | Buy | Upgrades | $16 | +4.58% | Jun 23, 2026 |
Financial Forecast
Revenue This Year
162.35M
from 145.84M
Increased by 11.33%
Revenue Next Year
187.18M
from 162.35M
Increased by 15.29%
EPS This Year
0.12
from 0.07
Increased by 66.04%
EPS Next Year
0.15
from 0.12
Increased by 32.69%
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 | 0.15 | |
| Avg | 0.12 | |
| Low | 0.06 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | 114.3% | |
| Avg | 66.0% | |
| Low | -9.1% |