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Backblaze (BLZE): analyst forecast and price target
Analyst consensus
Strong Buy6 Buy1 Hold0 Sell
Ratings of 7 analysts in the last 3 months · top analysts only12-month forecast
Based on 7 price targets given in the last 3 months, the average target is $22.83, the highest $25.00, the lowest $21.00. The average is +165.5% from the last price of $8.60.
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| AI xAi Software - InfrastructurexAI Grok-4 | TipRanks - xAI | $10.50 → $9.00−14.3% | Hold | +4.7% | Downgrade | 17.10.26on TipRanks 08:05 | — | |
| AI DeepSeek Software - InfrastructureDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $10.50 → $9.00−14.3% | Hold | +4.7% | Reiterated | 17.10.26on TipRanks 08:05 | — | |
| AI OpenAI Software - InfrastructureOpenAI 5.2 | TipRanks - OpenAI | $10.50 → $9.00−14.3% | Hold | +4.7% | Reiterated | 17.10.26on TipRanks 08:05 | — | |
| AI Anthropic Software - InfrastructureAnthropic Opus-4.6 | TipRanks - Anthropic | $9.50 → $8.50−10.5% | Hold | −1.2% | Reiterated | 17.10.26on TipRanks 08:05 | — | |
| AI Google Software - InfrastructureGemini 3-pro | TipRanks - Google | $10.50 → $9.50−9.5% | Hold | +10.5% | Downgrade | 17.10.26on TipRanks 08:05 | — | |
| AI PerPlexity Software - InfrastructurePerPlexity SonarPro | TipRanks - PerPlexity | $10.00 → $9.00−10.0% | Hold | +4.7% | Reiterated | 17.10.26on TipRanks 08:05 | — | |
| Jason Ader★★★★★★★★★★#2927 · hits 50% · avg +5.0% | William Blair | — | Hold | — | Reiterated | 01.10.26on TipRanks 13:35 | +1.2%next day +0.5% · 5 days −9.7% | ↗ |
| Ittai Kidron★★★★★★★★★★#866 · hits 55% · avg +9.8% | Oppenheimer | $20.00 → $25.00+25.0% | Buy | +190.7% | Reiterated | 21.09.26on TipRanks 22:05 | +5.2%next day −1.0% · 5 days −5.2% | ↗ |
| Erik Suppiger★★★★★★★★★★#366 · hits 59% · avg +20.7% | B. Riley Securities | $24.00 | Buy | +179.1% | Reiterated | 18.09.26on TipRanks 08:50 | −4.7%next day +1.8% · 5 days −1.0% | ↗ |
| Jeff Van Rhee★★★★★★★★★★#511 · hits 50% · avg +18.7% | Craig-Hallum | $23.00 | Buy | +167.4% | Reiterated | 11.09.26on TipRanks 09:19 | −0.1%next day +4.0% · 5 days +6.2% | ↗ |
| Mike Cikos★★★★★★★★★★#418 · hits 59% · avg +16.1% | Needham | $23.00 | Buy | +167.4% | Reiterated | 10.09.26on TipRanks 06:07 | −6.4%next day −0.1% · 5 days +11.4% | ↗ |
| Eric Martinuzzi★★★★★★★★★★#797 · hits 51% · avg +11.7% | Lake Street | $14.00 → $21.00+50.0% | Buy | +144.2% | Reiterated | 04.08.26on TipRanks 08:51 | +25.1%next day −5.7% · 5 days −5.4% | ↗ |
| Rustam Kanga★★★★★★★★★★#2197 · hits 55% · avg +46.9% | Citizens JMP | $16.00 → $21.00+31.2% | Buy | +144.2% | Reiterated | 04.08.26on TipRanks 05:47 | +25.1%next day −5.7% · 5 days −5.4% | ↗ |
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The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included
Best analysts covering Backblaze
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $22.83 at a price of $13.99 (+63.2%); now: $22.83 at $8.60 (+165.5%).
PriceAverage targetTop analysts’ target
Recommendation trend · top analysts
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 5 | 5 |
| Buy | 3 | 7 | 8 | 11 | 7 | 6 |
| Hold | 1 | 2 | 2 | 2 | 2 | 3 |
| Sell | 2 | 1 | 1 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 02.11.26 (Q3 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $0.05 (from $0.01 to $0.07). Last quarter: $0.08.
Sales
Next quarter’s sales estimate — $45M (from $44M to $45M). Last quarter: $43M.
Best top-analyst consensus in the sector · Technology
About Backblaze
- CEO: Gleb Budman
- Employees: 320
- 2261 Market Street, San Mateo, CA, 94114, US
- www.backblaze.com
Backblaze, Inc. functions as a cloud storage provider, delivering comprehensive online services for businesses and individual consumers to securely store, manage, and access their data globally. The company's cloud solutions are underpinned by a highly scalable software infrastructure built upon cost-effective, commercial-grade hardware. One of its flagship offerings is Backblaze B2 Cloud Storage, a versatile service empowering clients to store data, developers to construct applications, and partners to enhance their service portfolios. This consumption-based Infrastructure-as-a-Service (IaaS) supports a range of functionalities, including data backups, multi-cloud environments, application development, and robust ransomware defense. Furthermore, Backblaze offers Computer Backup, an automated subscription-based Software-as-a-Service (SaaS) that safeguards data on laptops and desktops for both corporate and personal use. This service facilitates routine computer backups, offers protection against ransomware, mitigates risks from theft and loss, and provides remote access capabilities. Backblaze primarily serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was founded in 2007 and is headquartered in San Mateo, California.
Data from the stock’s TipRanks forecast page, read 90 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗