$9.32
0.05[0.54%]
At close: Apr 23
$9.32
0[0.00%]
After Hours: 4:00PM EDT
Backblaze
(NASDAQ:BLZE)Backblaze Stock (NASDAQ:BLZE), Analyst Ratings, Price Targets, Predictions
Backblaze Inc has a consensus price target of $13.29, established from looking at the 26 latest analyst ratings. The last 3 analyst ratings were released from Oppenheimer, Raymond James, and Oppenheimer on April 17, 2024, February 16, 2024, and February 16, 2024. With an average price target of $12.67 between Oppenheimer, Raymond James, and Oppenheimer, there's an implied 35.91% upside for Backblaze Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Oppenheimer
Raymond James
B. Riley Securities
JMP Securities
Craig-Hallum
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Backblaze
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/17/2024 | BLZE | Buy Now | Backblaze | $9.32 | 39.48% | Oppenheimer | Ittai Kidron | $11 → $13 | Maintains | Outperform | Get Alert |
| 02/16/2024 | BLZE | Buy Now | Backblaze | $9.32 | 50.21% | Raymond James | Simon Leopold | $12 → $14 | Maintains | Outperform | Get Alert |
| 02/16/2024 | BLZE | Buy Now | Backblaze | $9.32 | 18.03% | Oppenheimer | Ittai Kidron | $7.5 → $11 | Maintains | Outperform | Get Alert |
| 02/09/2024 | BLZE | Buy Now | Backblaze | $9.32 | 18.03% | B. Riley Securities | Zach Cummins | $9 → $11 | Maintains | Buy | Get Alert |
| 11/09/2023 | BLZE | Buy Now | Backblaze | $9.32 | 28.76% | Raymond James | Simon Leopold | $12.5 → $12 | Maintains | Outperform | Get Alert |
| 09/01/2023 | BLZE | Buy Now | Backblaze | $9.32 | 93.13% | JMP Securities | Erik Suppiger | → $18 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 08/24/2023 | BLZE | Buy Now | Backblaze | $9.32 | 34.12% | Raymond James | Simon Leopold | $11 → $12.5 | Maintains | Outperform | Get Alert |
| 08/09/2023 | BLZE | Buy Now | Backblaze | $9.32 | -19.53% | Oppenheimer | Ittai Kidron | → $7.5 | Reiterates | Outperform → Outperform | Get Alert |
| 08/09/2023 | BLZE | Buy Now | Backblaze | $9.32 | 18.03% | Raymond James | Simon Leopold | $10 → $11 | Maintains | Outperform | Get Alert |
| 05/11/2023 | BLZE | Buy Now | Backblaze | $9.32 | 93.13% | JMP Securities | Erik Suppiger | → $18 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 05/10/2023 | BLZE | Buy Now | Backblaze | $9.32 | 7.3% | Raymond James | Simon Leopold | $11 → $10 | Maintains | Outperform | Get Alert |
| 04/17/2023 | BLZE | Buy Now | Backblaze | $9.32 | -19.53% | Oppenheimer | Ittai Kidron | $8.5 → $7.5 | Maintains | Outperform | Get Alert |
| 03/27/2023 | BLZE | Buy Now | Backblaze | $9.32 | -14.16% | Craig-Hallum | Chad Bennett | → $8 | Initiates | → Buy | Get Alert |
| 02/22/2023 | BLZE | Buy Now | Backblaze | $9.32 | 93.13% | JMP Securities | Erik Suppiger | → $18 | Reiterates | → Market Outperform | Get Alert |
| 02/16/2023 | BLZE | Buy Now | Backblaze | $9.32 | -3.43% | B. Riley Securities | Zach Cummins | $8.5 → $9 | Maintains | Buy | Get Alert |
| 11/10/2022 | BLZE | Buy Now | Backblaze | $9.32 | 18.03% | Raymond James | Simon Leopold | $14.5 → $11 | Maintains | Outperform | Get Alert |
| 10/31/2022 | BLZE | Buy Now | Backblaze | $9.32 | 18.03% | B. Riley Securities | Zach Cummins | $12.5 → $11 | Maintains | Buy | Get Alert |
| 10/25/2022 | BLZE | Buy Now | Backblaze | $9.32 | 55.58% | Raymond James | Simon Leopold | $17 → $14.5 | Maintains | Outperform | Get Alert |
| 08/10/2022 | BLZE | Buy Now | Backblaze | $9.32 | 82.4% | Raymond James | Simon Leopold | $16 → $17 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Backblaze (BLZE)?
The latest price target for Backblaze (NASDAQ: BLZE) was reported by Oppenheimer on April 17, 2024. The analyst firm set a price target for $13.00 expecting BLZE to rise to within 12 months (a possible 39.48% upside). 11 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Backblaze (BLZE)?
The latest analyst rating for Backblaze (NASDAQ: BLZE) was provided by Oppenheimer, and Backblaze maintained their outperform rating.
When was the last upgrade for Backblaze (BLZE)?
There is no last upgrade for Backblaze.
When was the last downgrade for Backblaze (BLZE)?
There is no last downgrade for Backblaze.
When is the next analyst rating going to be posted or updated for Backblaze (BLZE)?
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 April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.
Is the Analyst Rating Backblaze (BLZE) correct?
While ratings are subjective and will change, the latest Backblaze (BLZE) rating was a maintained with a price target of $11.00 to $13.00. The current price Backblaze (BLZE) is trading at is $9.32, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.