Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
8.34
-0.27 (-3.14%)
At close: Oct 23, 2026, 4:00 PM EDT
8.43
+0.09 (1.08%)
Pre-market: Oct 26, 2026, 8:17 AM EDT
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 $22.83. The average 1-year stock price forecast is 173.74% higher than the current stock price, while the lowest is $21 (+151.80%) and the highest is $25 (+199.76%).
Price Target: $22.83 (+173.74%)
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Buy Reiterates $24 | Buy | Reiterates | $24 | +187.77% | Oct 22, 2026 |
| William Blair | William Blair | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Oct 1, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $20 → $25 | Buy | Maintains | $20 → $25 | +199.76% | Sep 21, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Maintains $23 | Buy | Maintains | $23 | +175.78% | Sep 11, 2026 |
| Needham | Needham | Buy Maintains $23 | Buy | Maintains | $23 | +175.78% | Sep 10, 2026 |
Financial Forecast
Revenue This Year
172.96M
from 145.84M
Increased by 18.60%
Revenue Next Year
217.74M
from 172.96M
Increased by 25.89%
EPS This Year
0.25
from 0.07
Increased by 250.00%
EPS Next Year
0.27
from 0.25
Increased by 10.20%
EPS and Forward PE are based on non-GAAP adjusted numbers.