Backblaze, Inc. (BLZE) Social Stream
BACKBLAZE INC (BLZE) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering BLZE.
| 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 | $7.25 | 289.66% |
| 2021-12-14 | 5 | $30 | $26 | $28.25 | $7.25 | 289.66% |
| 2022-02-11 | 5 | $30 | $23 | $26.75 | $7.25 | 268.97% |
| 2022-02-18 | 5 | $30 | $22 | $24.5 | $7.25 | 237.93% |
| 2022-04-27 | 5 | $30 | $19 | $23.5 | $7.25 | 224.14% |
| 2022-05-06 | 5 | $30 | $13 | $17.9 | $7.25 | 146.9% |
| 2022-08-10 | 5 | $30 | $11.5 | $16.8 | $7.25 | 131.72% |
| 2022-10-18 | 5 | $30 | $9.5 | $16.4 | $7.25 | 126.21% |
| 2022-10-25 | 5 | $30 | $9.5 | $15.9 | $7.25 | 119.31% |
| 2022-10-31 | 5 | $30 | $9.5 | $15.6 | $7.25 | 115.17% |
| 2022-11-10 | 5 | $30 | $8.5 | $14.2 | $7.25 | 95.86% |
| 2023-02-01 | 4 | $13 | $8.5 | $10.25 | $7.25 | 41.38% |
| 2023-02-16 | 5 | $13 | $8.5 | $10.375 | $7.25 | 43.1% |
| 2023-02-22 | 5 | $18 | $8.5 | $11.9 | $7.25 | 64.14% |
| 2023-03-27 | 6 | $18 | $8 | $11.25 | $7.25 | 55.17% |
| 2023-05-02 | 6 | $18 | $7.5 | $11.083 | $7.25 | 52.87% |
| 2023-08-09 | 6 | $18 | $7.5 | $10.7 | $7.25 | 47.59% |
| 2023-10-25 | 6 | $18 | $7.5 | $11 | $7.25 | 51.72% |
| 2023-11-09 | 6 | $18 | $7.5 | $11.1 | $7.25 | 53.1% |
| NA | 4 | $NA | $NA | $NA | $7.25 | NA% |
The Trend in the Analyst Price Target
BLZE's average price target has moved up $0.85 over the prior 44 weeks.
Over the past 40 weeks, BLZE's average upside potential has been 115.17%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-01 | 4 | 13 | 8.5 | 10.25 | 7.15 | 43.36% |
| 2023-05-02 | 6 | 18 | 7.5 | 10.70 | 4.08 | 162.25% |
| 2023-05-10 | 6 | 18 | 7.5 | 10.50 | 4.12 | 154.85% |
| 2023-07-17 | 6 | 18 | 7.5 | 10.50 | 5.35 | 96.26% |
| 2023-10-17 | 6 | 18 | 7.5 | 11.00 | 5.43 | 102.58% |
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
Over the past 23 months, BLZE's average broker recommendation rating improved by 0.03.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for BLZE as an investment opportunity.
- BACKBLAZE INC's average analyst price target is higher than 459.6% of all US stocks.
- BACKBLAZE INC's number of analysts covering the stock is greater than 371.24% of Business Services stocks.
- In the context of Technology stocks, BACKBLAZE INC's variance in analysts' estimates is lower than -1531.03% of them.
- BLZE has a greater upside potential (average analyst target price relative to current price) than 1853.17% of Business Services stocks.
In the Business Services industry, WEAV, AIXI, and ANTE are the three stocks most similar to BACKBLAZE INC regarding the price target and analyst recommendation information presented here.
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