Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
14.56
+1.14 (8.49%)
At close: Jun 26, 2026, 4:00 PM EDT
14.60
+0.04 (0.27%)
After-hours: Jun 26, 2026, 7:58 PM EDT
Backblaze Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Backblaze stock have an average target of 13.25, with a low estimate of 8.50 and a high estimate of 16. The average target predicts a decrease of -9.00% from the current stock price of 14.56.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Backblaze stock from 8 stock analysts 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 | -3.85% | Jun 24, 2026 |
| B. Riley Securities | B. Riley Securities | Buy Reiterates $7 → $16 | Buy | Reiterates | $7 → $16 | +9.89% | Jun 24, 2026 |
| Needham | Needham | Buy Maintains $14 | Buy | Maintains | $14 | -3.85% | Jun 24, 2026 |
| William Blair | William Blair | Hold Upgrades $11 | Hold | Upgrades | $11 | -24.45% | Jun 23, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Upgrades $16 | Buy | Upgrades | $16 | +9.89% | Jun 23, 2026 |
Financial Forecast
Revenue This Year
162.35M
from 145.84M
Increased by 11.33%
Revenue Next Year
183.53M
from 162.35M
Increased by 13.05%
EPS This Year
0.12
from 0.07
Increased by 72.16%
EPS Next Year
0.15
from 0.12
Increased by 25.22%
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 163.5M | 220.7M |
| Avg | 162.4M | 183.5M |
| Low | 161.5M | 167.6M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 12.1% | 35.9% |
| Avg | 11.3% | 13.0% |
| Low | 10.7% | 3.2% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | 0.16 | 0.22 |
| Avg | 0.12 | 0.15 |
| Low | 0.06 | 0.10 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | 128.6% | 82.6% |
| Avg | 72.2% | 25.2% |
| Low | -9.1% | -17.0% |
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.