Emerging AI Workloads Will Drive New Data Opportunities

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

31 Mar 25

Updated

07 Jan 26

Views

86

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-25.9%

7D

-4.9%

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1Y

-25.9%

7D

-4.9%

You can edit this narrative until Jan 8 2:10 AM. Then, changes will post as Updates.

Author's Valuation

US$10.0653.3% undervalued

AnalystConsensusTarget Fair Value

Shared on 07 Jan 26

BLZE: Strengthening Software Demand And Deal Flow Will Support Future Upside

Analysts have adjusted their price targets on Backblaze in a tight range, with one firm moving to US$9 from US$11 and another to US$11 from US$10. These changes reflect updated views on the stock's risk profile and earnings potential, while the underlying fair value inputs remain largely unchanged.

Shared on 21 Dec 25

Fair value Decreased 0.55%

BLZE: Strengthening Deal Flow Will Support Upside Momentum In Coming Quarters

Analysts have trimmed their Backblaze price target slightly, from $10.11 to $10.06, reflecting a modestly higher discount rate and slightly lower revenue growth expectations, even as they remain broadly constructive on the company’s longer term setup. Analyst Commentary Recent Street research presents a mixed but generally constructive view on Backblaze, with near term caution on valuation and execution intersecting with improving confidence in the company’s growth trajectory.

Shared on 07 Dec 25

Fair value Decreased 4.15%

BLZE: Improving Revenue Visibility Will Support Upside Momentum In The Coming Quarters

Analysts modestly reduced their Backblaze price target to $10.11 from $10.55, citing a slightly higher discount rate and lower future P/E expectations, even as revenue growth and margin assumptions remain broadly intact. Analyst Commentary Analysts remain split on Backblaze, with some highlighting improving fundamentals and others emphasizing valuation risk and execution challenges as the company scales.

Shared on 23 Nov 25

Fair value Decreased 10%

BLZE: Anticipated Revenue Upside Will Drive Business Momentum This Quarter

Analysts have adjusted their price target for Backblaze downward, lowering it from $11.74 to $10.55 per share. They cite moderating revenue growth expectations and a slightly higher discount rate in recent forecasts as the reasons for this adjustment.

Shared on 24 Sep 25

Fair value Increased 3.87%

Despite a downgrade in consensus revenue growth forecasts, Backblaze’s analyst price target rose slightly to $11.74, supported by a higher future P/E multiple. What's in the News Backblaze provided third-quarter 2025 revenue guidance of $36.7 million to $37.1 million.

Shared on 01 May 25

Fair value Decreased 9.82%

Shared on 24 Apr 25

Fair value Increased 5.29%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 2.50%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

US$10.06

53.3% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

10.18%

IT revenue growth rate

0.57%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

9.69%

Calculation

US$13.41m

Earnings '29

x

68.32x

PE Ratio '29

=

US$916.34m

Market Cap '29

US$916.34m

Market Cap '29

/

66.99m

No. shares '29

=

US$13.68

Share Price '29

US$13.68 Share Price '29

Discounted to 2026 @ 9.71% p.a.

=

US$10.36

Fair Value '26