Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
9.54
-0.25 (-2.55%)
Sep 26, 2025, 4:00 PM EDT - Market closed
Backblaze Stock Forecast
Stock Price Forecast
According to 7 professional analysts, the 12-month price target for Backblaze stock ranges from a low of $8.00 to a high of $14. The average analyst price target of $10.21 forecasts a 7.02% increase in the stock price over the next year.
Price Target: $10.21 (+7.02%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 8, 2025.
Analyst Ratings
The average analyst rating for Backblaze stock 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 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 2 | 2 | 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 | 6 | 6 | 7 | 7 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $7 → $8 | Buy | Maintains | $7 → $8 | -16.14% | Aug 8, 2025 |
| Needham | Needham | Strong Buy Maintains $7 → $8.5 | Strong Buy | Maintains | $7 → $8.5 | -10.90% | Aug 7, 2025 |
| JMP Securities | JMP Securities | Buy Initiates $7 | Buy | Initiates | $7 | -26.62% | Jun 24, 2025 |
| Needham | Needham | Strong Buy Initiates $8 | Strong Buy | Initiates | $8 | -16.14% | Mar 11, 2025 |
| Lake Street | Lake Street | Strong Buy Maintains $12 → $11 | Strong Buy | Maintains | $12 → $11 | +15.30% | Feb 26, 2025 |
Financial Forecast
Revenue This Year
149.05M
from 127.63M
Increased by 16.78%
Revenue Next Year
169.89M
from 149.05M
Increased by 13.98%
EPS This Year
-0.55
from -1.11
EPS Next Year
-0.36
from -0.55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 154.4M | 178.4M | |
| Avg | 149.1M | 169.9M | |
| Low | 142.1M | 158.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 20.9% | 19.7% | |
| Avg | 16.8% | 14.0% | |
| Low | 11.3% | 6.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.47 | -0.19 | |
| Avg | -0.55 | -0.36 | |
| Low | -0.62 | -0.54 |
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.