15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 8 firms covering Backblaze Inc, 7 rate it Buy or better, 0 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets range widely, $8.00 to $16.00 (about 2.0x), a sign of real disagreement on valuation. The average target of $13.21 sits 10% above the current $12.06. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 5 to 7 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.03 next quarter toward $0.16 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS8 ratings
Moderate Buy
Strong Buy00%
Buy788%
Hold00%
Sell113%
Strong Sell00%
Based on 8 analysts giving stock ratings to Backblaze Inc.
As of Jul, 7 of 8 firms rate BLZE a Buy (0 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
BLZE EPS & revenue forecast
EPS · NEXT QUARTER
$0.03
Range $0.01 – $0.04 · 6 analysts · -11% YoY
Next period, 6 analysts expect Backblaze Inc to earn $0.03 a share (range $0.01 – $0.04), versus $0.03 a year earlier. Full-year consensus is $0.13, growing to $0.16 the year after.
REVENUE · NEXT QUARTER
$41.2M
Range $40.7M – $41.5M · 6 analysts · +11% YoY
Revenue is expected to reach $41.2M (range $40.7M – $41.5M), +10.8% year-over-year. Full-year consensus is $162.3M, rising to $189.0M next year.
Top analysts covering Backblaze Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on BLZE.
#1
Zach Cummins
B. Riley Securities · Rank #312
Buy
$16.00+32.7% to target
Overall win rate
30%
+ Follow
#2
Eric Martinuzzi
Lake Street · Rank #337
Buy
$14.00+16.1% to target
Overall win rate
22%
+ Follow
#3
Mike Cikos
Needham
Buy
$14.00+16.1% to target
Coverage
—
+ Follow
#4
Ittai Kidron
Oppenheimer
Buy
$8.50-29.5% to target
Coverage
—
+ Follow
#5
RK
Rustam Kanga
Citizens
Buy
$16.00+32.7% to target
Coverage
—
+ Follow
BLZE stock forecast FAQ
What is BLZE's average 12-month price target?+
The 7 analysts with a live target average $13.21 for Backblaze Inc over the next 12 months, ranging from a $16.00 high to a $8.00 low.
Is BLZE stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 8 analyst ratings, 7 are Buy or Strong Buy, 0 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for BLZE?+
The Street-high target is $16.00 (Citizens), and the Street-low is $8.00 (JMP Securities). The average of all 7 active targets is $13.21.
How many Wall Street analysts cover BLZE?+
8 analysts have an active rating on Backblaze Inc, and 7 firms carry a live 12-month price target.
Who is the most accurate analyst covering BLZE?+
Among analysts who currently cover BLZE, Zach Cummins of B. Riley Securities has the strongest overall Quantellect track record (Rank #312). Their current call is Buy with a $16.00 target.
What is Backblaze Inc's projected EPS for next quarter?+
The consensus estimate is $0.03 per share (range $0.01 – $0.04) across 6 analysts. Full-year EPS is projected at $0.13, rising to $0.16 the following year.
How much revenue is Backblaze Inc expected to report next quarter?+
Consensus revenue is $41.2M (range $40.7M – $41.5M). Full-year revenue is projected at $162.3M, growing to $189.0M next year.
Have analysts been upgrading or downgrading BLZE lately?+
As of Jul, 7 of 8 firms rate BLZE a Buy (0 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their BLZE calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
