Backblaze (BLZE) Stock: Buy, Sell, or Hold?
BLZE - Backblaze, Inc. Class A Common Stock
$8.58
-0.03 (-0.35%)
▼
5d:
-0.23%
30d:
-36.47%
90d:
-30.3%
HOLD
MODERATE Confidence
Analysis Updated: Oct 22, 2026 12:00 AM ET
Earnings: Nov 02, 2026
9d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: BLZE shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: BLZE shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$9.50
Based on 7.1% avg growth
INTRINSIC VALUE TODAY
$5.90
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: BLZE is currently trading at $8.58, which is considered oversold relative to its 30-day fair value range of $10.34 to $14.29. From a valuation perspective, the stock is trading at a discount (Forward PE: 31.9) compared to its historical average (71.5). Remarkably, the market is currently pricing in an annual earnings decline of 23.6% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, BLZE is showing sideways momentum. The price is currently testing key support at $8.50. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock scores a mixed 55/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $22.83 (+165.2%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, BLZE is showing sideways momentum. The price is currently testing key support at $8.50. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock scores a mixed 55/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $22.83 (+165.2%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$10.34 -
$14.29
Company Quality Score
54/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
79.5%
Protect Your Profits
Holding BLZE? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (55/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 165.2% below Wall St target ($22.83)
- NEUTRAL: Bottoming setup forming (55/100) — watch for confirmation
Trading Range Analysis
30-Day Trading Range
$10.34 -
$14.29
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$8.50
Resistance Level
$13.35
Current Trend
Sideways
Technical data as of
Oct 22, 2026
Fundamental Context
Forward P/E (Next Year Est.)
31.89
Wall Street Target
$22.83
(+165.2%)
Revenue Growth (YoY)
17.7%
Profit Margin
-13.1%
Valuation Discount vs History
-23.6% cheaper
PE vs Historical
31.9 vs 71.5
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-23.6%
(market-implied from PE analysis)
1-Year Target
$7.75
(-10%)
2-Year Target
$6.97
(-19%)
3-Year Target
$6.28
(-27%)
3-Yr Target (if PE normalizes)
(PE: 32→72)
$14.07
(+64%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 31.9, Growth: 10.2%)
$11.52
(+34%)
Base:
(SPY PE: 19.9, Growth: 10.2%)
$7.18
(-17%)
Bear:
(PE: 16.9, Growth: 10.2%)
$6.10
(-29%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 31.9 to 71.5
Stabilization Target:
$19.30
(+124.2%)
PE Expansion Potential:
+124.2%
Share & Embed Analysis
Last updated: October 23, 2026 2:01 PM ET
Data refreshes hourly during market hours. Next update: 3:01 PM
Data refreshes hourly during market hours. Next update: 3:01 PM
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Technical Signals Check
Is BLZE showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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Advanced BLZE Option Strategies
Professional options setups generated by AI based on today's BLZE price and gamma walls.
