Wall Street analysts’ outlook for Backblaze Inc (BLZE)

With 1.06 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $7.875 whereas the lowest price it dropped to was $7.36. The 52-week range on BLZE shows that it touched its highest point at $8.08 and its lowest point at $3.94 during that stretch. It currently has a 1-year price target of $11.30. Beta for the stock currently stands at 1.12.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BLZE was up-trending over the past week, with a rise of 47.10%, but this was up by 52.52% over a month. Three-month performance surged to 48.49% while six-month performance rose 5.21%. The stock gained 30.73% in the past year, while it has gained 51.64% so far this year. A look at the trailing 12-month EPS for BLZE yields -0.89 with Next year EPS estimates of 0.07. For the next quarter, that number is -0.01. This implies an EPS growth rate of 88.30% for this year and 242.96% for next year.

Float and Shares Shorts:

At present, 56.46 million BLZE shares are outstanding with a float of 48.92 million shares on hand for trading. On 2025-07-31, short shares totaled 1.16 million, which was 204.99999 higher than short shares on 1751241600. In addition to Mr. Gleb Budman as the firm’s Co-Founder, CEO & Chairman, Mr. Marc Suidan CPA serves as its Chief Financial Officer.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2025-06-30, BLZE reported revenue of $36298000.0 and operating income of -$6717000.0. The EBITDA in the recently reported quarter was -$1243000.0 and diluted EPS was -$0.13.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLZE since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BLZE analysts setting a high price target of 15.9 and a low target of 8.0, the average target price over the next 12 months is 11.3. Based on these targets, BLZE could surge 102.03% to reach the target high and rise by 1.65% to reach the target low. Reaching the average price target will result in a growth of 43.58% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.4085 being high and -$0.45957 being low. For BLZE, this leads to a yearly average estimate of -$0.43914. The surprise factor in the prior quarter was -$0.06. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is -$0.04. The average estimate for the next quarter is thus -$0.01.

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