• Consensus Rating: Moderate Buy
  • Consensus Price Target: $7.21
  • Forecasted Upside: 99.01%
  • Number of Analysts: 9
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$3.63
▲ +0.015 (0.42%)

This chart shows the closing price for BLZE by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Backblaze Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for BLZE and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for BLZE

Analyst Price Target is $7.21
▲ +99.01% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Backblaze in the last 3 months. The average price target is $7.21, with a high forecast of $8.50 and a low forecast of $4.50. The average price target represents a 99.01% upside from the last price of $3.63.

This chart shows the closing price for BLZE for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Moderate Buy

The current consensus among 9 investment analysts is to moderate buy stock in Backblaze. This rating has held steady since September 2025, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/25/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/24/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/24/2025
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/22/2025
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/20/2025
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 1 sell ratings
12/19/2025
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 1 sell ratings
2/17/2026
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 1 sell ratings
3/19/2026

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
2/24/2026Loop CapitalSet Target$8.00
2/24/2026Lake Street CapitalReiterated RatingBuy ➝ Buy
2/24/2026Lake Street CapitalLower TargetBuy ➝ Buy$10.00 ➝ $8.00
2/24/2026OppenheimerLower TargetOutperform ➝ Outperform$9.50 ➝ $8.50
2/24/2026Craig HallumDowngradeBuy ➝ Hold$4.50
2/24/2026CitigroupReiterated RatingMarket Outperform ➝ Market Outperform
2/24/2026B. Riley FinancialLower TargetBuy ➝ Buy$9.00 ➝ $7.50
2/24/2026Needham & Company LLCLower TargetBuy ➝ Buy$8.00 ➝ $6.00
1/21/2026Weiss RatingsReiterated RatingSell (D-) ➝ Sell (D-)
11/6/2025Raymond James FinancialReiterated RatingOutperform ➝ Outperform
11/6/2025Needham & Company LLCLower TargetBuy ➝ Buy$12.00 ➝ $8.00
10/17/2025OppenheimerBoost TargetOutperform ➝ Outperform$10.00 ➝ $11.00
10/8/2025Weiss RatingsReiterated RatingSell (D-) ➝ Sell (D-)
9/27/2025Weiss RatingsReiterated RatingSell (D-) ➝ Sell (D-)
8/8/2025Citizens JmpBoost TargetMarket Outperform ➝ Market Outperform$7.00 ➝ $8.00
8/7/2025Needham & Company LLCBoost TargetBuy ➝ Buy$7.00 ➝ $8.50
6/24/2025Citizens JmpInitiated CoverageMarket Outperform$7.00
3/11/2025Needham & Company LLCInitiated CoverageBuy$8.00
2/26/2025Lake Street CapitalLower TargetBuy ➝ Buy$12.00 ➝ $11.00
2/18/2025B. Riley FinancialLower TargetBuy ➝ Buy$11.50 ➝ $11.00
11/8/2024Raymond James FinancialBoost TargetOutperform ➝ Outperform$13.00 ➝ $14.00
10/21/2024Craig HallumBoost TargetBuy ➝ Buy$10.00 ➝ $11.00
8/9/2024Craig HallumBoost TargetBuy ➝ Buy$9.00 ➝ $10.00
8/9/2024OppenheimerLower TargetOutperform ➝ Outperform$11.00 ➝ $10.00
4/17/2024OppenheimerBoost TargetOutperform ➝ Outperform$11.00 ➝ $13.00
2/16/2024Raymond James FinancialBoost TargetOutperform ➝ Outperform$12.00 ➝ $14.00
2/16/2024OppenheimerBoost TargetOutperform ➝ Outperform$7.50 ➝ $11.00
2/9/2024B. Riley FinancialBoost TargetBuy ➝ Buy$9.00 ➝ $11.00
11/9/2023Raymond James FinancialLower TargetOutperform ➝ Outperform$12.50 ➝ $12.00
9/1/2023Citizens JmpReiterated RatingMarket Outperform ➝ Market Outperform$18.00
8/24/2023Raymond James FinancialBoost TargetOutperform ➝ Outperform$11.00 ➝ $12.50
8/9/2023Raymond James FinancialBoost TargetOutperform ➝ Outperform$10.00 ➝ $11.00
8/9/2023OppenheimerReiterated RatingOutperform ➝ Outperform$7.50
4/17/2023OppenheimerLower TargetOutperform$8.50 ➝ $7.50
3/27/2023Craig HallumInitiated CoverageBuy$8.00
2/22/2023Citizens JmpReiterated RatingMarket Outperform$18.00
2/16/2023B. Riley FinancialBoost TargetBuy$8.50 ➝ $9.00
11/15/2022OppenheimerLower Target$8.50
11/10/2022B. Riley FinancialLower Target$11.00 ➝ $8.50
11/10/2022Raymond James FinancialLower TargetOutperform$14.50 ➝ $11.00
10/31/2022B. Riley FinancialLower TargetBuy$12.50 ➝ $11.00
10/25/2022Raymond James FinancialLower TargetOutperform$17.00 ➝ $14.50
5/6/2022Lake Street CapitalLower Target$21.00 ➝ $13.00
5/6/2022B. Riley FinancialLower Target$23.00 ➝ $16.50
2/18/2022Lake Street CapitalLower Target$28.00 ➝ $21.00
2/18/2022Raymond James FinancialLower TargetOutperform$26.00 ➝ $22.00
2/11/2022B. Riley FinancialLower Target$29.00 ➝ $23.00
12/14/2021Citizens JmpReiterated RatingBuy$30.00
12/6/2021Lake Street CapitalInitiated CoverageBuy$28.00
12/6/2021William BlairInitiated CoverageOutperform
12/6/2021OppenheimerInitiated CoverageOutperform
12/6/2021Raymond James FinancialInitiated CoverageOutperform$26.00
12/6/2021Citizens JmpInitiated CoverageOutperform$30.00
12/6/2021B. Riley FinancialInitiated CoverageBuy$29.00
(Data available from 3/19/2021 forward)

News Sentiment Rating

0.37 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/21/2025
  • 4 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/20/2025
  • 2 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/20/2025
  • 3 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
11/19/2025
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/19/2025
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/18/2026
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/17/2026
  • 8 very positive mentions
  • 13 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
3/19/2026

Current Sentiment

  • 8 very positive mentions
  • 13 positive mentions
  • 4 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Backblaze logo
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; repository for analytics, artificial intelligence and machine learning; and Internet of Things. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo, California.
Read More

Today's Range

Now: $3.63
Low: $3.55
High: $3.65

50 Day Range

MA: $4.28
Low: $3.61
High: $5.15

52 Week Range

Now: $3.63
Low: $3.54
High: $10.86

Volume

167,015 shs

Average Volume

868,057 shs

Market Capitalization

$209.16 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.3

Frequently Asked Questions

What sell-side analysts currently cover shares of Backblaze?

The following Wall Street sell-side analysts have issued stock ratings on Backblaze in the last twelve months: B. Riley Financial, Inc., Citigroup Inc., Citizens Jmp, Craig Hallum, Lake Street Capital, Loop Capital, Needham & Company LLC, Oppenheimer Holdings, Inc., Raymond James Financial, Inc., and Weiss Ratings.
View the latest analyst ratings for BLZE.

What is the current price target for Backblaze?

0 Wall Street analysts have set twelve-month price targets for Backblaze in the last year. Their average twelve-month price target is $7.21, suggesting a possible upside of 99.0%. Oppenheimer Holdings, Inc. has the highest price target set, predicting BLZE will reach $8.50 in the next twelve months. Craig Hallum has the lowest price target set, forecasting a price of $4.50 for Backblaze in the next year.
View the latest price targets for BLZE.

What is the current consensus analyst rating for Backblaze?

Backblaze currently has 1 sell rating, 1 hold rating and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for BLZE.

What other companies compete with Backblaze?

Other companies that are similar to Backblaze include Viant Technology, Taboola.com, Amplitude, HUYA and CI&T. Learn More about companies similar to Backblaze.

How do I contact Backblaze's investor relations team?

The company's listed phone number is 650-352-3738 and its investor relations email address is [email protected]. The official website for Backblaze is www.backblaze.com. Learn More about contacing Backblaze investor relations.