Backblaze (BLZE) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Backblaze (BLZE) Stock Forecast for 2024–2028. Sell or Buy?

Updated: April 19, 2024 (09:28)

Sector: Technology

The share price of Backblaze, Inc. Class A (BLZE) now

Latest session on the 19th of April for
Backblaze, Inc. Class A is positive
Trading Volume: 459801
Open: 9.12 /  High: 9.19 /  Low: 8.82
What analysts predict: $13.49
52-week High/Low: $12.65 / $3.5

50/200 Day Moving Average: $10.14 / $7.15

This figure corresponds to the Average Price over the previous 50/200 days. For Backblaze stocks, the 50-day moving average is the resistance level today.

For Backblaze stocks, the 200-day moving average is the support level today.

Are you interested in Backblaze, Inc. Class A stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Backblaze stock price in 2024, 2025, 2026, 2027, 2028. How much will one Backblaze share be worth in 2024 - 2028?

When should I take profit in Backblaze stock? When should I record a loss on Backblaze stock? What are analysts' forecasts for Backblaze stock? What is the future of Backblaze stock? We forecast Backblaze stock performance using neural networks based on historical data on Backblaze stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Backblaze stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Backblaze shares. This happens once a day.


Historical and forecast chart of Backblaze stock

The chart below shows the historical price of Backblaze stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Backblaze stock price can be found in the table below.

Long-term forecasts by years.

Backblaze is the leading cloud storage platform that provides businesses and consumers with cloud services to store, use and protect their data in an easy and affordable way.

Backblaze daily forecast for a month

Date Target Pes. Opt. Vol., %
Apr 21 9.06 8.95 9.38 4.91
Apr 22 9.28 9.04 9.48 4.78
Apr 23 9.38 9.13 9.55 4.64
Apr 24 9.29 9.05 9.58 5.86
Apr 25 9.44 9.20 9.57 3.99
Apr 26 9.55 9.34 9.65 3.39
Apr 27 9.67 9.48 9.91 4.55
Apr 28 9.69 9.51 10.04 5.58
Apr 29 9.50 9.35 9.60 2.58
Apr 30 9.23 9.05 9.52 5.24
May 01 8.82 8.55 9.06 5.99
May 02 8.76 8.67 8.87 2.23
May 03 8.74 8.59 8.94 4.05
May 04 9.00 8.86 9.14 3.17
May 05 9.13 8.87 9.44 6.37
May 06 9.47 9.20 9.69 5.34
May 07 9.56 9.22 9.91 7.42
May 08 9.59 9.30 9.77 5.05
May 09 9.74 9.43 9.95 5.51
May 10 9.79 9.58 9.98 4.27
May 11 9.71 9.38 9.97 6.31
May 12 9.57 9.42 9.75 3.51
May 13 9.78 9.53 10.11 6.01
May 14 10.02 9.73 10.38 6.72
May 15 10.38 10.11 10.62 5.08
May 16 10.52 10.28 10.74 4.42
May 17 10.28 10.09 10.53 4.40
May 18 10.15 9.87 10.41 5.48
May 19 10.06 9.74 10.29 5.65
May 20 10.27 10.09 10.52 4.25

Backblaze Daily Price Targets


Backblaze Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $9.06.
Negative dynamics for Backblaze shares will prevail with possible volatility of 4.680%.
Pessimistic target level: 8.95
Optimistic target level: 9.38

Backblaze Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $9.28.
Positive dynamics for Backblaze shares will prevail with possible volatility of 4.558%.
Pessimistic target level: 9.04
Optimistic target level: 9.48

Backblaze Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $9.38.
Positive dynamics for Backblaze shares will prevail with possible volatility of 4.431%.
Pessimistic target level: 9.13
Optimistic target level: 9.55

Backblaze Stock Forecast 04-24-2024.

Forecast target price for 04-24-2024: $9.29.
Negative dynamics for Backblaze shares will prevail with possible volatility of 5.539%.
Pessimistic target level: 9.05
Optimistic target level: 9.58

Backblaze Stock Forecast 04-25-2024.

Forecast target price for 04-25-2024: $9.44.
Positive dynamics for Backblaze shares will prevail with possible volatility of 3.836%.
Pessimistic target level: 9.20
Optimistic target level: 9.57

Backblaze Stock Forecast 04-26-2024.

Forecast target price for 04-26-2024: $9.55.
Positive dynamics for Backblaze shares will prevail with possible volatility of 3.276%.
Pessimistic target level: 9.34
Optimistic target level: 9.65

BLZE (BLZE) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 8.64 8.30 9.31 10.86
Jun. 8.01 7.70 8.84 12.88
Jul. 7.91 7.38 8.90 17.10
Aug. 6.74 5.95 7.67 22.45
Sep. 6.42 5.82 6.69 12.96
Oct. 6.01 5.69 6.42 11.29
Nov. 5.79 5.01 6.46 22.44
Dec. 5.46 4.67 5.85 20.15

Backblaze forecast for this year


Backblaze Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $8.64394. Pessimistic: $8.30. Optimistic: $9.31


Backblaze Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $8.00601. Pessimistic: $7.70. Optimistic: $8.84


Backblaze Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $7.90514. Pessimistic: $7.38. Optimistic: $8.90


Backblaze Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $6.73834. Pessimistic: $5.95. Optimistic: $7.67


Backblaze Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $6.42299. Pessimistic: $5.82. Optimistic: $6.69


Backblaze Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $6.00678. Pessimistic: $5.69. Optimistic: $6.42


Backblaze Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $5.79053. Pessimistic: $5.01. Optimistic: $6.46


Backblaze Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $5.457. Pessimistic: $4.67. Optimistic: $5.85



Backblaze (BLZE) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 5.16 4.51 5.43 16.94
Feb 5.59 4.91 6.30 22.18
Mar 5.93 5.22 6.36 17.97
Apr 6.29 5.40 6.62 18.48
May 7.01 6.42 7.85 18.31
Jun 7.08 6.57 8.08 18.63
Jul 7.95 7.31 8.80 16.92
Aug 8.88 8.16 9.36 12.81
Sep 9.49 9.05 10.46 13.55
Oct 10.00 9.03 10.96 17.58
Nov 9.28 8.43 10.13 16.82
Dec 9.06 7.82 9.39 16.68

Backblaze (BLZE) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 9.06 8.51 10.08 15.55
Feb 9.31 8.81 9.95 11.46
Mar 7.88 6.75 8.67 22.11
Apr 8.68 8.21 9.20 10.70
May 9.52 8.17 10.19 19.85
Jun 8.68 7.62 9.25 17.58
Jul 8.96 8.64 9.35 7.59
Aug 9.77 8.59 10.91 21.27
Sep 10.00 8.97 10.47 14.27
Oct 9.64 9.14 10.91 16.23
Nov 7.91 7.48 8.83 15.31
Dec 8.03 7.25 9.13 20.58

Backblaze (BLZE) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 7.83 6.77 8.96 24.39
Feb 8.24 7.88 8.80 10.45
Mar 8.34 7.20 8.88 18.93
Apr 9.00 8.29 10.09 17.83
May 8.39 7.27 9.38 22.52
Jun 7.75 6.79 8.21 17.33
Jul 8.52 7.92 9.52 16.76
Aug 7.00 6.06 7.43 18.49
Sep 6.75 5.78 7.37 21.60
Oct 7.03 6.31 7.90 20.17
Nov 6.47 5.74 7.41 22.50
Dec 6.78 6.45 7.22 10.65

Backblaze (BLZE) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 6.41 5.53 7.28 23.95
Feb 6.98 6.71 7.24 7.28
Mar 8.13 7.60 8.66 12.17
Apr 9.36 8.99 10.30 12.75
May 10.74 9.66 11.23 13.95
Jun 11.21 10.52 11.93 11.83
Jul 10.40 9.31 11.71 20.46
Aug 8.62 7.58 9.29 18.38
Sep 8.11 7.01 8.77 19.98
Oct 8.11 6.97 8.69 19.81
Nov 6.80 6.10 7.16 14.86
Dec 6.29 5.99 6.77 11.55

Backblaze information and performance

Backblaze Address

500 BEN FRANKLIN CT, SAN MATEO, CA, US

Market Capitalization: 377 122 000 $

Market capitalization of the Backblaze, Inc. Class A is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of BLZE shares in the company outstanding by the market price of one share.

EBITDA: -32 745 000 $

EBITDA of Backblaze is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -1.66

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: 0.253
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 4.014

Enterprise Value (EV) /Revenue

EV To EBITDA: -13.2

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 41351100

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.