Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
4.290
+0.090 (2.14%)
At close: Apr 28, 2026, 4:00 PM EDT
4.380
+0.090 (2.10%)
After-hours: Apr 28, 2026, 6:00 PM EDT
Backblaze Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Backblaze stock have an average target of 7.60, with a low estimate of 6.00 and a high estimate of 8.50. The average target predicts an increase of 77.16% from the current stock price of 4.29.
Analyst Consensus: Buy
* Price targets were last updated on Feb 24, 2026.
Analyst Ratings
The average analyst rating for Backblaze stock from 6 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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| William Blair | William Blair | Buy → Sell Downgrades n/a | Buy → Sell | Downgrades | n/a | n/a | Mar 23, 2026 |
| Lake Street | Lake Street | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +86.48% | Feb 24, 2026 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $9 → $7.5 | Strong Buy | Maintains | $9 → $7.5 | +74.83% | Feb 24, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $9.5 → $8.5 | Buy | Maintains | $9.5 → $8.5 | +98.14% | Feb 24, 2026 |
| Needham | Needham | Strong Buy Maintains $8 → $6 | Strong Buy | Maintains | $8 → $6 | +39.86% | Feb 24, 2026 |
Financial Forecast
Revenue This Year
160.65M
from 145.84M
Increased by 10.16%
Revenue Next Year
178.18M
from 160.65M
Increased by 10.91%
EPS This Year
-0.32
from -0.46
EPS Next Year
-0.24
from -0.32
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 166.1M | 189.3M |
| Avg | 160.7M | 178.2M |
| Low | 153.4M | 158.6M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 13.9% | 17.8% |
| Avg | 10.2% | 10.9% |
| Low | 5.2% | -1.3% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | 0.01 | 0.02 |
| Avg | -0.32 | -0.24 |
| Low | -0.43 | -0.34 |
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.