Recent Catalysts Transforming Backblaze's Growth and Valuation Risk Narrative
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 07 2025
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Source: Yahoo Finance
Fair Value Adjustment: Backblaze's fair value estimate has been modestly reduced from $10.55 to approximately $10.11 per share, reflecting a slight increase in perceived risk while long-term revenue growth expectations remain stable at around 10.69%.
Analyst Ratings: Oppenheimer maintains an Outperform rating with a price target increase to $11, citing strong fundamentals, while B. Riley lowers its target to $9, indicating caution regarding potential upside despite a positive fundamental outlook.
Revenue Guidance: Backblaze has issued fourth quarter 2025 revenue guidance of $37.3 million to $37.9 million and narrowed its full year 2025 outlook to a range of $145.4 million to $146.0 million, slightly lowering the top end of previous guidance.
Strategic Developments: The company has integrated its B2 Cloud Storage with Shareio for enhanced digital content management and completed a share repurchase of 142,069 shares, reflecting ongoing confidence in its stock value.
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Analyst Views on BLZE
Wall Street analysts forecast BLZE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLZE is 9.50 USD with a low forecast of 8.00 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 4.800
Low
8.00
Averages
9.50
High
11.00
Current: 4.800
Low
8.00
Averages
9.50
High
11.00
About BLZE
Backblaze, Inc. is a cloud storage company. The Company's two cloud services that it offers on its Storage Cloud are: Backblaze B2 Cloud Storage and Backblaze Computer Backup. Backblaze B2 Cloud Storage enables customers to store data, developers to build applications, and partners to expand their use cases. The amount of data stored in this cloud service can scale up and down as needed on a pay-as-you-go basis, or can be paid for on a capacity basis or committed contract for greater predictability. This Infrastructure-as-a-Service enables use cases including backups, multi-cloud, application storage, ransomware protection, and storage for artificial intelligence/machine learning workflows. Backblaze Computer Backup automatically backs up data from laptops and desktops for businesses and individuals. This service is offered as a subscription-based Software-as-a-Service and serves use cases including computer backup, ransomware protection, theft and loss protection, and remote access.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Backblaze Named Finalist for 2026 Most Innovative Data Storage Solution
- Innovative Storage Solution: Backblaze's B2 Overdrive has been named a finalist for the 2026 SiliconANGLE Media Most Innovative Data Storage Solution Award, showcasing its disruptive innovation in the cloud storage sector and enhancing the company's reputation in a competitive market.
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