Backblaze Inc
NASDAQ:BLZE

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Backblaze Inc
NASDAQ:BLZE
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Price: 7.25 USD -3.07% Market Closed
Market Cap: 366.3m USD
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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 12.82 USD with a low forecast of 10.1 USD and a high forecast of 16.7 USD.

Lowest
Price Target
10.1 USD
39% Upside
Average
Price Target
12.82 USD
77% Upside
Highest
Price Target
16.7 USD
130% 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 52% 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 52%
3 months ago
Oct 21, 2024
Backblaze Inc (BLZE) PT Raised to $11 at Craig-Hallum
StreetInsider
Ittai Kidron
Oppenheimer
10 USD
Upside 38%
6 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 52%
View Source
Ittai Kidron
Oppenheimer
Price Target 10 USD
Upside/Downside 38%
View Source
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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 21%.

24%
Past Growth
21%
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
-38%
Average Miss
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
12.82 USD

According to Wall Street analysts, the average 1-year price target for BLZE is 12.82 USD with a low forecast of 10.1 USD and a high forecast of 16.7 USD.

What is Backblaze Inc's Revenue forecast?
Projected CAGR
21%

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 21%.

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