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BLZEBullishAnalyst Target Updateanalyst
High materiality7/10

Craig-Hallum upgrades Backblaze to Buy after 'landmark' deal

Jun 23, 2026, 2:22 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Analyst upgrade signals positive near-term sentiment; potential upside.

AI summary

What happened, with direct paths to the underlying reporting

Craig-Hallum upgrades Backblaze (BLZE) to Buy following a 'landmark' deal; target raised to $16; current price $11.72.

  • Upgrade to Buy; target $16; price $11.72.

Key facts

  1. 01

    Target: $16

  2. 02

    Posted price: $11.72

  3. 03

    Analyst firm: Craig-Hallum

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