Should I buy or sell Blade Air Mobility stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blade Air Mobility in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BLDE shares. View BLDE analyst ratings or view top-rated stocks .

What is Blade Air Mobility's stock price target for 2024?

3 brokers have issued 12 month target prices for Blade Air Mobility's stock. Their BLDE share price targets range from $6.00 to $13.00. On average, they anticipate the company's share price to reach $8.50 in the next twelve months. This suggests a possible upside of 150.7% from the stock's current price. View analysts price targets for BLDE or view top-rated stocks among Wall Street analysts .

How have BLDE shares performed in 2024?

Blade Air Mobility's stock was trading at $3.53 at the start of the year. Since then, BLDE shares have decreased by 4.0% and is now trading at $3.39. View the best growth stocks for 2024 here .

When is Blade Air Mobility's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our BLDE earnings forecast .

How can I listen to Blade Air Mobility's earnings call?

Blade Air Mobility will be holding an earnings conference call on Tuesday, May 7th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Blade Air Mobility's earnings last quarter?

Blade Air Mobility, Inc. (NASDAQ:BLDE) announced its quarterly earnings data on Tuesday, March, 12th. The company reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by $0.10. The company had revenue of $47.48 million for the quarter, compared to analyst estimates of $48.70 million. Blade Air Mobility had a negative trailing twelve-month return on equity of 13.71% and a negative net margin of 24.90%.

What ETFs hold Blade Air Mobility's stock?

ETFs with the largest weight of Blade Air Mobility (NASDAQ:BLDE) stock in their portfolio include ARK Space Exploration & Innovation ETF (ARKX) , Amplify Travel Tech ETF (AWAY) and ARK Autonomous Technology & Robotics ETF (ARKQ) . AdvisorShares Drone Technology ETF (UAV) .

What guidance has Blade Air Mobility issued on next quarter's earnings?

Blade Air Mobility updated its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $240.0 million-$250.0 million, compared to the consensus revenue estimate of $257.2 million.

Who are Blade Air Mobility's major shareholders?

Blade Air Mobility's stock is owned by a number of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (4.88%), Bouvel Investment Partners LLC (0.36%), Deane Retirement Strategies Inc. (0.34%) and City State Bank (0.05%). Insiders that own company stock include Amir Cohen, Brandon A Keene, Eric Affeldt , Kenneth B Lerer, Melissa M Tomkiel, Reginald Love, Robert S Wiesenthal, Seth J Bacon and William A Heyburn. View institutional ownership trends .

How do I buy shares of Blade Air Mobility?

Shares of BLDE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:BLDE

Blade Air Mobility (BLDE) Stock Price, News & Analysis

→ 3 Sub-$10 Stocks to Buy for 2024 (From TradingTips) (Ad)

Buy BLDE with Qtrade

Free BLDE Stock Alerts

$3.39

-0.23 (-6.35%)

(As of 04/19/2024 ET)

Compare

Today's Range: $3.32
▼
$3.65
50-Day Range: $2.45
▼
$3.99
52-Week Range: $2.06
▼
$4.54

Volume: 848,448 shs
Average Volume: 1.01 million shs
Market Capitalization: $255.71 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.50

Get Blade Air Mobility alerts:

Blade Air Mobility MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 150.7% Upside
$8.50 Price Target
Short Interest: Healthy
6.29% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.60
Based on 5 Articles This Week
Insider Trading: Selling Shares
$592,090 Sold Last Quarter
Proj. Earnings Growth: Decreasing
From ($0.22) to ($0.24) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.19 out of 5 stars

Business Services Sector

205th out of 300 stocks

Air Transportation, Nonscheduled Industry

1st out of 3 stocks

3.5

Analyst's Opinion

Consensus Rating
Blade Air Mobility has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Blade Air Mobility has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
6.29% of the float of Blade Air Mobility has been sold short.
Short Interest Ratio / Days to Cover
Blade Air Mobility has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Blade Air Mobility has recently decreased by 4.33%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Blade Air Mobility does not currently pay a dividend.
Dividend Growth
Blade Air Mobility does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BLDE.

2.6

News and Social Media Coverage

News Sentiment
Blade Air Mobility has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Blade Air Mobility this week, compared to 2 articles on an average week.
Search Interest
Only 10 people have searched for BLDE on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.
MarketBeat Follows
Only 9 people have added Blade Air Mobility to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Blade Air Mobility insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $592,090.00 in company stock.
Percentage Held by Insiders
17.50% of the stock of Blade Air Mobility is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
47.36% of the stock of Blade Air Mobility is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Blade Air Mobility are expected to decrease in the coming year, from ($0.22) to ($0.24) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Blade Air Mobility is -4.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Blade Air Mobility is -4.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Blade Air Mobility has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad DTI

With the “Bitcoin Loophole” you can supercharge the gains by 10x or more

Thanks to this newly discovered Bitcoin Loophole, you can now trade Bitcoin in any regular brokerage account… And not only that… you can use it to supercharge the gains of Bitcoin by 10x or more! You see, thanks to one unique investor's brand new discovery - anyone with a regular brokerage account can now tap into the most explosive asset in history. That means you can skip the hassle of opening a Coinbase account… Bypass the fees and hard-to-remember passwords…

About Blade Air Mobility Stock (NASDAQ:BLDE)

Blade Air Mobility, Inc. provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.

BLDE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BLDE Stock News Headlines

April 6, 2024 | insidertrades.com

Blade Air Mobility, Inc. (NASDAQ:BLDE) CAO Sells $13,841.60 in Stock

April 18, 2024 | investorplace.com

7 Under-The-Radar Penny Stocks to Buy for Multibagger Returns: April 2024

April 20, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 18, 2024 | americanbankingnews.com

Financial Comparison: flyExclusive (NYSE:FLYX) and Blade Air Mobility (NASDAQ:BLDE)

April 16, 2024 | investorplace.com

The Cathie Wood Stock Shuffle: 4 Names She's Loving, 3 She's Leaving

April 16, 2024 | fool.com

Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

April 16, 2024 | americanbankingnews.com

Analyzing flyExclusive (NYSE:FLYX) & Blade Air Mobility (NASDAQ:BLDE)

April 10, 2024 | globenewswire.com

Blade Air Mobility Announces Date for First Quarter Ended March 31, 2024 Earnings Release Conference Call

April 20, 2024 | The TradingPub (Ad)

At first glance, this chart looks like nonsense…

We can isolate the most bullish dates to buy Netflix each and every year… That’s why one former hedge fund manager calls these dates… “Hotspot Dates”

April 7, 2024 | uk.investing.com

Blade Air Mobility CEO sells shares worth over $83k

April 1, 2024 | investorplace.com

The Next Millionaire-Makers: 3 Penny Stocks With Massive Upside Potential

March 31, 2024 | investorplace.com

The $1K to $10K Formula: 3 Stocks to Supercharge Your Returns in 10 Years

March 28, 2024 | finance.yahoo.com

With 62% institutional ownership, Blade Air Mobility, Inc. (NASDAQ:BLDE) is a favorite amongst the big guns

March 26, 2024 | investorplace.com

3 Micro-Cap Stocks to Buy for 10-Bagger Returns by 2026

March 21, 2024 | investorplace.com

3 Promising eVTOL Stocks With Multibagger Return Potential

March 20, 2024 | investorplace.com

What Is the Best $10 Stock to Buy in March? 3 Top Picks.

March 20, 2024 | globenewswire.com

Blade Air Mobility Announces $20 Million Share Repurchase Program

March 19, 2024 | seekingalpha.com

Blade Air Mobility: Focus On Big Picture

March 14, 2024 | seekingalpha.com

Blade Air Mobility: Rising Competitive Threats

March 14, 2024 | nasdaq.com

Blade Air Mobility: A Financial Takeoff or a Temporary Headwind?

March 13, 2024 | marketwatch.com

Blade Air Mobility Shares Fall On Underwhelming 4Q Earnings, Outlook

March 13, 2024 | finance.yahoo.com

Blade Air Mobility, Inc. (NASDAQ:BLDE) Q4 2023 Earnings Call Transcript

March 12, 2024 | msn.com

Why Is Blade Air Mobility Stock Diving Today?

March 12, 2024 | investorplace.com

Rags to Riches: 3 Penny Stocks That Can Rally Like Carvana

March 12, 2024 | investorplace.com

Investing at Mach Speed: 3 Flying Car Stocks for the Boldest Investors

March 12, 2024 | msn.com

Blade Air Mobility reports Q4 results; initiates FY24 and FY25 outlook

March 12, 2024 | markets.businessinsider.com

Nasdaq Surges Over 1%; Blade Air Mobility Shares Plummet

See More Headlines

Receive BLDE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Blade Air Mobility and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 3/12/2024
Today: 4/20/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Air transportation, nonscheduled
Sub-Industry: N/A
Current Symbol: NASDAQ:BLDE
CUSIP: N/A
CIK: 1779128
Web: ir.blade.com
Phone: 212-967-1009
Fax: N/A
Employees: 231
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.50
High Stock Price Target: $13.00
Low Stock Price Target: $6.00
Potential Upside/Downside: +150.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.76)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-56,080,000.00
Net Margins: -24.90%
Pretax Margin: -25.55%
Return on Equity: -13.71%
Return on Assets: -11.23%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.81
Quick Ratio: 5.81

Sales & Book Value

Annual Sales: $225.18 million
Price / Sales: 1.14
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.12 per share
Price / Book: 1.09

Miscellaneous

Outstanding Shares: 75,430,000
Free Float: 62,232,000
Market Cap: $255.71 million
Optionable: Optionable
Beta: 1.16

7 Energy Stocks to Buy and Hold Forever

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

Mr. Robert S. Wiesenthal (Age 57)
CEO & Director
Comp: $1.15M
Ms. Melissa M. Tomkiel (Age 43)
President, General Counsel & Corporate Secretary
Comp: $801.85k
Mr. William A. Heyburn (Age 35)
CFO & Head of Corporate Development
Comp: $730.31k
Mr. Amir M. Cohen (Age 47)
Chief Accounting Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BLDE Stock Analysis - Frequently Asked Questions

Should I buy or sell Blade Air Mobility stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blade Air Mobility in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BLDE shares.
View BLDE analyst ratings or view top-rated stocks.
What is Blade Air Mobility's stock price target for 2024?: 3 brokers have issued 12 month target prices for Blade Air Mobility's stock. Their BLDE share price targets range from $6.00 to $13.00. On average, they anticipate the company's share price to reach $8.50 in the next twelve months. This suggests a possible upside of 150.7% from the stock's current price.
View analysts price targets for BLDE or view top-rated stocks among Wall Street analysts.
How have BLDE shares performed in 2024?: Blade Air Mobility's stock was trading at $3.53 at the start of the year. Since then, BLDE shares have decreased by 4.0% and is now trading at $3.39.
View the best growth stocks for 2024 here.
When is Blade Air Mobility's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our BLDE earnings forecast.
How can I listen to Blade Air Mobility's earnings call?: Blade Air Mobility will be holding an earnings conference call on Tuesday, May 7th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Blade Air Mobility's earnings last quarter?: Blade Air Mobility, Inc. (NASDAQ:BLDE) announced its quarterly earnings data on Tuesday, March, 12th. The company reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by $0.10. The company had revenue of $47.48 million for the quarter, compared to analyst estimates of $48.70 million. Blade Air Mobility had a negative trailing twelve-month return on equity of 13.71% and a negative net margin of 24.90%.

What ETFs hold Blade Air Mobility's stock?: ETFs with the largest weight of Blade Air Mobility (NASDAQ:BLDE) stock in their portfolio include ARK Space Exploration & Innovation ETF (ARKX), Amplify Travel Tech ETF (AWAY) and ARK Autonomous Technology & Robotics ETF (ARKQ).AdvisorShares Drone Technology ETF (UAV).
What guidance has Blade Air Mobility issued on next quarter's earnings?: Blade Air Mobility updated its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $240.0 million-$250.0 million, compared to the consensus revenue estimate of $257.2 million.
Who are Blade Air Mobility's major shareholders?: Blade Air Mobility's stock is owned by a number of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (4.88%), Bouvel Investment Partners LLC (0.36%), Deane Retirement Strategies Inc. (0.34%) and City State Bank (0.05%). Insiders that own company stock include Amir Cohen, Brandon A Keene, Eric Affeldt, Kenneth B Lerer, Melissa M Tomkiel, Reginald Love, Robert S Wiesenthal, Seth J Bacon and William A Heyburn.
View institutional ownership trends.
How do I buy shares of Blade Air Mobility?: Shares of BLDE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BLDE) was last updated on 4/20/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial