Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
4.990
+0.130 (2.67%)
At close: Dec 5, 2025, 4:00 PM EST
4.980
-0.010 (-0.20%)
After-hours: Dec 5, 2025, 6:31 PM EST
Backblaze Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Backblaze stock have an average target of 9.50, with a low estimate of 8.00 and a high estimate of 11. The average target predicts an increase of 90.38% from the current stock price of 4.99.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 6, 2025.
Analyst Ratings
The average analyst rating for Backblaze stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $12 → $8 | Strong Buy | Maintains | $12 → $8 | +60.32% | Nov 6, 2025 |
| Oppenheimer | Oppenheimer | Buy Maintains $10 → $11 | Buy | Maintains | $10 → $11 | +120.44% | Oct 17, 2025 |
| JMP Securities | JMP Securities | Buy Maintains $7 → $8 | Buy | Maintains | $7 → $8 | +60.32% | Aug 8, 2025 |
| Needham | Needham | Strong Buy Maintains $7 → $8.5 | Strong Buy | Maintains | $7 → $8.5 | +70.34% | Aug 7, 2025 |
| JMP Securities | JMP Securities | Buy Initiates $7 | Buy | Initiates | $7 | +40.28% | Jun 24, 2025 |
Financial Forecast
Revenue This Year
148.60M
from 127.63M
Increased by 16.43%
Revenue Next Year
165.25M
from 148.60M
Increased by 11.20%
EPS This Year
-0.48
from -1.11
EPS Next Year
-0.30
from -0.48
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 153.3M | 174.3M | |
| Avg | 148.6M | 165.3M | |
| Low | 142.1M | 149.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 20.1% | 17.3% | |
| Avg | 16.4% | 11.2% | |
| Low | 11.3% | 0.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.44 | -0.14 | |
| Avg | -0.48 | -0.30 | |
| Low | -0.52 | -0.40 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | - | |
| Avg | - | - | |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.