Backblaze, Inc. (BLZE) Stock Forecast

NASDAQ: BLZEAnalyst ratings, price target and estimates.

BLZE analyst forecast

as of October 18, 2026
Analyst consensus
Buy
4.43 / 5 from 7 analysts
Price target
$22.83
average of analyst targets
Upside to target
+165.5%
from the latest close
Next earnings
November 2, 2026
EPS estimate $-0.07
52-week range
$3.31 – $20.43

BLZE analyst ratings

7 analysts
Strong buy
457%
Buy
229%
Hold
114%
Sell
00%
Strong sell
00%

Number of analysts at each rating.

BLZE price target

Price $8.60Target $22.83
52-week low $3.3152-week high $20.43

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

BLZE earnings per share estimates

Backblaze, Inc. EPS estimates
PeriodAverageLowHighYear agoGrowthAnalysts
Current quarter (Sep '26)$0.06$0.05$0.07$0.03+100.0%5
Current fiscal year (2026)$0.24$0.21$0.28$0.07+250.0%4
Next fiscal year (2027)$0.27$0.09$0.37$0.24+10.2%5

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

BLZE revenue estimates

Backblaze, Inc. revenue estimates
PeriodAverageLowHighGrowthAnalysts
Current quarter (Sep '26)$44.6M$44.4M$44.7M+20.0%7
Current fiscal year (2026)$173.0M$172.0M$173.4M+18.6%7
Next fiscal year (2027)$217.7M$213.4M$220.7M+25.9%7

BLZE EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

BLZE revenue: reported and forecast

Reported revenueEstimate (average; low–high)

BLZE EPS estimate revisions

Backblaze, Inc. EPS estimate revisions
Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Current quarter (Sep '26)$0.03$0.03$0.07$0.06$0.06+124.7%0 up · 1 down
Current fiscal year (2026)$0.12$0.12$0.27$0.24$0.24+110.8%0 up · 1 down
Next fiscal year (2027)$0.15$0.16$0.28$0.27$0.27+75.1%0 up · 1 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

BLZE earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 12 quarters; BLZE beat in 12 of 12.

What analysts expect from BLZE

7 analysts cover Backblaze; their consensus rating is buy (4.43 on a 1–5 scale, where 5 is a strong buy). The average price target is $22.83, 165.5% above the latest close of $8.60. Analysts expect earnings of $0.24 per share for 2026, +250.0% from a year earlier. For 2027 the average estimate is $0.27 per share on revenue of $217.7 million. Backblaze beat the EPS estimate in 12 of the last 12 quarters.

Related: BLZE income statement, BLZE key metrics, BLZE chart. See the BLZE stock overview for the latest quote and news.

BLZE forecast FAQ

What is Backblaze's price target?

The average analyst price target for Backblaze is $22.83, 165.5% above the latest close of $8.60.

Is Backblaze a buy, hold or sell?

Of 7 analysts covering Backblaze, 4 rate it a strong buy, 2 a buy, 1 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.

What is Backblaze's EPS forecast?

Analysts forecast $0.24 per share for 2026 (range $0.21 to $0.28); for 2027 the estimate is $0.27.

What is Backblaze's revenue forecast?

The average revenue estimate for 2026 is $173.0 million, growth of 18.6%; for 2027 it is $217.7 million.

When does Backblaze report earnings?

Backblaze is expected to report results for the quarter ending September 30, 2026 on November 2, 2026 after the market closes; the EPS estimate is $-0.07.

Does Backblaze usually beat earnings estimates?

Backblaze reported EPS at or above the analyst estimate in 12 of the last 12 quarters.

Software - Infrastructure: forecast