Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
3.770
-0.060 (-1.57%)
Mar 5, 2026, 2:29 PM EST - Market open
Backblaze Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Backblaze stock have an average target of 7.67, with a low estimate of 6.00 and a high estimate of 8.50. The average target predicts an increase of 103.45% from the current stock price of 3.77.
Analyst Consensus: Strong Buy
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 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 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 | 8 | 8 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +112.20% | Feb 24, 2026 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $9 → $7.5 | Strong Buy | Maintains | $9 → $7.5 | +98.94% | Feb 24, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $9.5 → $8.5 | Buy | Maintains | $9.5 → $8.5 | +125.46% | Feb 24, 2026 |
| Needham | Needham | Strong Buy Maintains $8 → $6 | Strong Buy | Maintains | $8 → $6 | +59.15% | Feb 24, 2026 |
| Needham | Needham | Strong Buy Maintains $12 → $8 | Strong Buy | Maintains | $12 → $8 | +112.20% | Nov 6, 2025 |
Financial Forecast
Revenue This Year
164.10M
from 145.84M
Increased by 12.52%
Revenue Next Year
182.06M
from 164.10M
Increased by 10.94%
EPS This Year
-0.34
from -0.46
EPS Next Year
-0.42
from -0.34
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 174.2M | 200.8M |
| Avg | 164.1M | 182.1M |
| Low | 149.0M | 155.0M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 19.5% | 22.4% |
| Avg | 12.5% | 10.9% |
| Low | 2.1% | -5.5% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | -0.25 | -0.43 |
| Avg | -0.34 | -0.42 |
| Low | -0.40 | -0.40 |
EPS Growth
| EPS Growth | 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.