Backblaze Inc
NASDAQ:BLZE

Watchlist Manager
Backblaze Inc Logo
Backblaze Inc
NASDAQ:BLZE
Watchlist
Price: 5.63 USD -9.63% Market Closed
Market Cap: 250m USD
Have any thoughts about
Backblaze Inc?
Write Note

Wall Street
Price Targets

BLZE Price Targets Summary
Backblaze Inc

Wall Street analysts forecast BLZE stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for BLZE is 13.65 USD with a low forecast of 10.1 USD and a high forecast of 18.9 USD.

Lowest
Price Target
10.1 USD
79% Upside
Average
Price Target
13.65 USD
143% Upside
Highest
Price Target
18.9 USD
236% Upside

BLZE Last Price Targets
Backblaze Inc

The latest public price target was made on Oct 21, 2024 by Jeff Van Rhee from Craig-Hallum , who expects BLZE stock to rise by 95% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Jeff Van Rhee
Craig-Hallum
11 USD
Upside 95%
1 month ago
Oct 21, 2024
Backblaze Inc (BLZE) PT Raised to $11 at Craig-Hallum
StreetInsider
Ittai Kidron
Oppenheimer
10 USD
Upside 78%
3 months ago
Aug 9, 2024
Backblaze Inc (BLZE) PT Lowered to $10 at Oppenheimer
StreetInsider
Jeff Van Rhee
Craig-Hallum
Price Target 11 USD
Upside/Downside 95%
View Source
Ittai Kidron
Oppenheimer
Price Target 10 USD
Upside/Downside 78%
View Source
Backblaze Inc Competitors:
Price Targets
603881
Shanghai AtHub Co Ltd
6% Upside
WIX
Wix.Com Ltd
8% Downside
688158
UCloud Technology Co Ltd
18% Upside
688030
Hillstone Networks Co Ltd
24% Upside
OKTA
Okta Inc
31% Upside
DHH
DHH SpA
36% Upside
INSET
Infraset PCL
11% Downside
WIIT
Wiit SpA
32% Upside

Revenue
Forecast

Revenue Estimate
Backblaze Inc

For the last 3 years the compound annual growth rate for Backblaze Inc's revenue is 24%. The projected CAGR for the next 2 years is 22%.

24%
Past Growth
22%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Backblaze Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
10%
Average Beat

Net Income
Forecast

Net Income Estimate
Backblaze Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-29%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is BLZE's stock price target?
Price Target
13.65 USD

According to Wall Street analysts, the average 1-year price target for BLZE is 13.65 USD with a low forecast of 10.1 USD and a high forecast of 18.9 USD.

What is Backblaze Inc's Revenue forecast?
Projected CAGR
22%

For the last 3 years the compound annual growth rate for Backblaze Inc's revenue is 24%. The projected CAGR for the next 2 years is 22%.

Back to Top