Rating Change
Needham analysts reiterated a Buy rating on Backblaze, Inc. (NASDAQ:BLZE) on June 24, 2026.
reiterateNASDAQ:BLZE
Needham Reiterates Buy Rating on Backblaze, Inc. (BLZE)
Rating Change Needham analysts reiterated a Buy rating on Backblaze, Inc. (NASDAQ:BLZE) on June 24, 2026. Market Context Backblaze, Inc.
Market Context
Backblaze, Inc. operates in the Technology sector. The stock currently trades at $13.52 with a market capitalization of $283.1M.
Analyst coverage from Needham provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Backblaze, Inc..
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Backblaze, Inc.
Among the 10 most recent ratings: 9 Buy, 0 Hold, 1 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Jun 24, 2026 | Lake Street | Buy | N/A |
| Jun 24, 2026 | B. Riley Securities | Buy | N/A |
| Jun 24, 2026 | Citizens | Market Outperform | N/A |
| Jun 24, 2026 | Needham | Buy | N/A |
| Jun 23, 2026 | Craig-Hallum | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View BLZE Stock Page
Frequently Asked Questions
What does a Buy rating mean for BLZE?
A Buy rating from Needham reflects the analyst's outlook on Backblaze, Inc. (NASDAQ:BLZE). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the BLZE forecast page.
