The latest price target for Backblaze (NASDAQ:BLZE) was reported by Needham on November 6, 2025. The analyst firm set a price target for $8.00 expecting BLZE to rise to within 12 months (a possible 74.29% upside). 8 analyst firms have reported ratings in the last year.

The latest analyst rating for Backblaze (NASDAQ:BLZE) was provided by Needham, and Backblaze maintained their buy rating.

There is no last upgrade for Backblaze

There is no last downgrade for Backblaze.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Backblaze, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Backblaze was filed on November 6, 2025 so you should expect the next rating to be made available sometime around November 6, 2026.

While ratings are subjective and will change, the latest Backblaze (BLZE) rating was a maintained with a price target of $12.00 to $8.00. The current price Backblaze (BLZE) is trading at is $4.59, which is out of the analyst’s predicted range.