Backblaze, Inc. (BLZE) Social Stream
BACKBLAZE INC (BLZE) Price Targets From Analysts
Use the tables below to see what analysts covering BACKBLAZE INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-12-06 | 4 | $30 | $26 | $28.25 | $4.26 | 563.15% |
| 2021-12-14 | 5 | $30 | $26 | $28.25 | $4.26 | 563.15% |
| 2022-02-11 | 5 | $30 | $23 | $26.75 | $4.26 | 527.93% |
| 2022-02-18 | 5 | $30 | $22 | $24.5 | $4.26 | 475.12% |
| 2022-04-27 | 5 | $30 | $19 | $23.5 | $4.26 | 451.64% |
| 2022-05-06 | 5 | $30 | $13 | $17.9 | $4.26 | 320.19% |
| 2022-08-10 | 5 | $30 | $11.5 | $17.4 | $4.26 | 308.45% |
| 2022-10-18 | 5 | $30 | $9.5 | $16.4 | $4.26 | 284.98% |
| 2022-10-25 | 5 | $30 | $9.5 | $15.9 | $4.26 | 273.24% |
| 2022-10-31 | 5 | $30 | $9.5 | $15.6 | $4.26 | 266.2% |
| 2022-11-10 | 5 | $30 | $8.5 | $14.2 | $4.26 | 233.33% |
| 2023-02-01 | 4 | $13 | $8.5 | $10.25 | $4.26 | 140.61% |
| 2023-02-16 | 4 | $13 | $8.5 | $10.375 | $4.26 | 143.54% |
| 2023-02-22 | 5 | $18 | $8.5 | $11.9 | $4.26 | 179.34% |
| 2023-03-27 | 6 | $18 | $8 | $11.25 | $4.26 | 164.08% |
| 2023-05-02 | 6 | $18 | $7.5 | $11.083 | $4.26 | 160.16% |
| 2023-05-10 | 6 | $18 | $7.5 | $10.5 | $4.26 | 146.48% |
| NA | 4 | $NA | $NA | $NA | $4.26 | NA% |
The Trend in the Analyst Price Target
BLZE's average price target has moved down $6.9 over the prior 44 weeks.
BLZE reports an average of 150.76% for its upside potential over the past 44 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-08-10 | 5 | 30 | 11.5 | 16.800 | 7.07 | 137.62% |
| 2022-11-10 | 4 | 13 | 8.5 | 10.250 | 4.14 | 147.58% |
| 2022-11-10 | 4 | 30 | 8.5 | 14.200 | 4.14 | 243% |
| 2023-02-22 | 5 | 18 | 8.5 | 11.900 | 5.75 | 106.96% |
| 2023-04-17 | 6 | 18 | 7.5 | 11.083 | 4.75 | 133.33% |
BLZE Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.17 | 5 | 1 | 0 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
BLZE's average broker recommendation rating improved by 0.03 over the prior 89 days.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In terms of how BACKBLAZE INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is greater than 1911.4% of that group.
- To contextualize these metrics, consider that out of Business Services stocks, BACKBLAZE INC's number of analysts covering the stock is greater than 369.13% of them.
- In the context of Business Services stocks, BACKBLAZE INC's average analyst price target is higher than 403.53% of them.
- To contextualize these metrics, consider that out of Technology stocks, BACKBLAZE INC's variance in analysts' estimates is lower than -1192.83% of them.
In the Business Services industry, WEAV, ANTE, and TZOO are the three stocks most similar to BACKBLAZE INC regarding the price target and analyst recommendation information presented here.
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