John Sheridan's side will take on the former Premier League champions on Sunday at Meadow Lane, their last match before the 2016-17 Football League season gets underway.
"I have brilliant memories of my time at Blackburn," said Stead, who joined the Lancashire club from Huddersfield Town in 2004.
"They gave me my first chance of Premier League football and I really enjoyed it.
"The season we stayed up was a highlight and scoring against Manchester United was nice too. I had a good time there, so I am looking forward to it.
"But more important than that it's about us getting our house in order. We have to make sure we are right and iron out the little mistakes."
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