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BLZE
(NASDAQ)
Backblaze, Inc.
$3.64-- (--)
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Backblaze, Inc. (BLZE) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Backblaze, Inc. stock.

Analyst Consensus Rating

Investment consensus from 5 professional research analysts

Consensus Rating

Strong Buy
Based on 5 unique analysts
Medium Confidence4.0:1 Buy/Sell

Average Price Target

$7.50
106.04% Upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest BLZE Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Jason Ader
William Blair
SellDowngrades
-
Eric Martinuzzi
Lake Street
Strong BuyMaintains
$10.00 $8.00
Ittai Kidron
Oppenheimer
BuyMaintains
$9.50 $8.50
Zach Cummins
B Riley
Strong BuyMaintains
$9.00 $7.50
Mike Cikos
Needham
Strong BuyMaintains
$8.00 $6.00

Frequently Asked Questions

What is the analyst consensus rating for BLZE?

The analyst consensus rating for BLZE is "Strong Buy" based on 5 analyst recommendations.

What is the average price target for BLZE?

The average 12-month price target for BLZE is $7.50, representing an upside of 106.0% from the current price of $3.64.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.