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Backblaze (BLZE) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

BLZE Stock Forecast

Backblaze (BLZE) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $9.50, with a high of $11.00 and a low of $8.00. This represents a 104.30% increase from the last price of $4.65.

$4 $5 $6 $7 $8 $9 $10 $11 High: $11 Avg: $9.5 Low: $8 Last Closed Price: $4.65

BLZE Stock Rating

Backblaze stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 7 0 7 Strong Sell Sell Hold Buy Strong Buy

BLZE Price Target Upside V Benchmarks

TypeNameUpside
StockBackblaze104.30%
SectorTechnology Stocks 33.74%

Price Target Trends

1M3M12M
# Anlaysts-13
Avg Price Target-$8.00$9.67
Last Closing Price$4.65$4.65$4.65
Upside/Downside-72.04%107.96%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2525---7
Mar, 2515---6
Feb, 2515---6
Jan, 2515---6
Dec, 2415---6
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 11, 2025Needham$8.00$5.1056.86%72.04%
Oct 21, 2024Jeff Van RheeCraig-Hallum$11.00$7.4847.06%136.56%
Aug 09, 2024Ittai KidronOppenheimer$10.00$5.1992.68%115.05%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 11, 2025NeedhamBuyinitialise
Oct 21, 2024Craig-HallumBuyBuyhold
Aug 09, 2024OppenheimerOutperformOutperformhold
Feb 09, 2024B. Riley SecuritiesBuyBuyhold
Feb 18, 2022Raymond JamesOutperformOutperformhold

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-0.71$-1.63$-1.66$-1.11--
Avg Forecast$-0.78$-1.06$-0.90$-0.44$-0.20$0.08
High Forecast$-0.77$-1.04$-0.85$-0.41$-0.13$0.08
Low Forecast$-0.79$-1.07$-0.98$-0.46$-0.26$0.08
Surprise %-8.97%53.77%84.44%152.27%--

Revenue Forecast

$65M $86M $107M $128M $149M $170M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$67.48M$85.16M$102.02M$127.63M--
Avg Forecast$66.80M$84.89M$101.48M$127.54M$146.34M$164.30M
High Forecast$67.36M$85.44M$101.61M$127.68M$147.21M$165.72M
Low Forecast$66.07M$84.06M$101.39M$127.48M$145.51M$162.13M
Surprise %1.02%0.32%0.54%0.07%--

Net Income Forecast

$-60M $-47M $-34M $-21M $-8M $5M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-21.70M$-51.70M$-59.71M$-48.53M--
Avg Forecast$-28.09M$-38.05M$-32.94M$-15.68M$-7.04M$2.88M
High Forecast$-27.69M$-37.57M$-30.65M$-14.76M$-4.69M$2.91M
Low Forecast$-28.39M$-38.37M$-35.23M$-16.60M$-9.39M$2.83M
Surprise %-22.73%35.86%81.28%209.49%--

BLZE Forecast FAQ

Is Backblaze stock a buy?

Backblaze stock has a consensus rating of Buy, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Backblaze is a favorable investment for most analysts.

What is Backblaze's price target?

Backblaze's price target, set by 7 Wall Street analysts, averages $9.5 over the next 12 months. The price target range spans from $8 at the low end to $11 at the high end, suggesting a potential 104.30% change from the previous closing price of $4.65.

How does Backblaze stock forecast compare to its benchmarks?

Backblaze's stock forecast shows a 104.30% upside, outperforming the average forecast for the technology stocks sector (33.74%).

What is the breakdown of analyst ratings for Backblaze over the past three months?

  • April 2025: 28.57% Strong Buy, 71.43% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 16.67% Strong Buy, 83.33% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 16.67% Strong Buy, 83.33% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Backblaze’s EPS forecast?

Backblaze's average annual EPS forecast for its fiscal year ending in December 2025 is $-0.2, marking a -81.98% decrease from the reported $-1.11 in 2024. Estimates for the following years are.

What is Backblaze’s revenue forecast?

Backblaze's average annual revenue forecast for its fiscal year ending in December 2025 is $146.34M, reflecting a 14.66% increase from the reported $127.63M in 2024. The forecast for.

What is Backblaze’s net income forecast?

Backblaze's net income forecast for the fiscal year ending in December 2025 stands at $-7.04M, representing a -85.49% decrease from the reported $-48.531M in 2024. Projections indicate .