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Backblaze, Inc. (BLZE) Stock Forecast

Data as of May 3, 2026

Technology · Current price $4.46 (+4.09%)

Consensus Target
$7.00
Upside
+57.1%
Analysts
6
Rating
Buy(2.33)

Price Target Range

Low $4.50Consensus $7.00High $8.50
▲ Current $4.46

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy4
Hold0
Sell1
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Feb 24, 2026Eric MartinuzziLoop Capital Markets$8.00+79.6%
Feb 24, 2026Matt DezortNeedham$6.00+34.7%
Oct 21, 2024Jeff Van RheeCraig-Hallum$11.00+146.9%
Aug 9, 2024Ittai KidronOppenheimer$10.00+124.5%

BLZE vs Sector & Market

MetricBLZETechnology AvgLarge Cap Avg
Analyst Rating2.332.342.41
Analyst Count61318
Target Upside+57.1%+4072.6%+14.9%
P/E Ratio-9.4227.9531.19

Revenue Estimates

PeriodLowAvgHigh#
2026-06-30$38M$38M$38M5
2026-09-30$40M$40M$40M2
2026-12-31$41M$41M$42M2
2027-03-31$41M$42M$42M2
2027-06-30$42M$43M$43M2
2027-09-30$44M$44M$45M2
2027-12-31$46M$46M$46M2

EPS Estimates

PeriodLowAvgHigh#
2026-06-30$-0.01$-0.00$0.014
2026-09-30$0.01$0.01$0.011
2026-12-31$0.02$0.02$0.022
2027-03-31$0.01$0.01$0.012
2027-06-30$0.02$0.02$0.021
2027-09-30$0.02$0.02$0.021
2027-12-31$0.03$0.04$0.042

Frequently Asked Questions

What is the analyst consensus for BLZE?

The consensus among 6 analysts covering Backblaze, Inc. (BLZE) is Buy with an average price target of $7.00.

What is the highest price target for BLZE?

The highest price target for BLZE is $11.00, set by Jeff Van Rhee at Craig-Hallum on 2024-10-21.

What is the lowest price target for BLZE?

The lowest price target for BLZE is $6.00, set by Matt Dezort at Needham on 2026-02-24.

How many analysts cover BLZE?

6 analysts have issued ratings for Backblaze, Inc. in the past 12 months.

Is BLZE a buy or sell right now?

Based on 6 analyst ratings, BLZE has a consensus rating of Buy (2.33/5) with a +57.1% upside to the consensus target of $7.00.

What are the earnings estimates for BLZE?

Analysts estimate BLZE will report EPS of $-0.00 for the period ending 2026-06-30, with revenue estimated at $38M.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.