NASDAQ:BLDE

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

$3.58
-0.04 (-1.10%)
(As of 05/7/2024 ET)
Today's Range
$3.33
$3.72
50-Day Range
$2.45
$3.99
52-Week Range
$2.06
$4.54
Volume
805,014 shs
Average Volume
825,625 shs
Market Capitalization
$270.04 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.50

Blade Air Mobility MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
137.4% Upside
$8.50 Price Target
Short Interest
Bearish
8.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.24mentions of Blade Air Mobility in the last 14 days
Based on 10 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.

1.33 out of 5 stars

Business Services Sector

244th out of 313 stocks

Air Transportation, Nonscheduled Industry

2nd out of 4 stocks

BLDE stock logo

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

BLDE Stock News Headlines

The Department of Defense Has a New Drone Contractor
The Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.
The Department of Defense Has a New Drone Contractor
The Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.
Blade Air Mobility CEO sells shares worth over $83k
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
5/07/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air transportation, nonscheduled
Sub-Industry
N/A
Current Symbol
NASDAQ:BLDE
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
+137.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-56,080,000.00
Pretax Margin
-25.55%

Debt

Sales & Book Value

Annual Sales
$225.18 million
Book Value
$3.12 per share

Miscellaneous

Free Float
61,855,000
Market Cap
$270.04 million
Optionable
Optionable
Beta
1.10
Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. Robert S. Wiesenthal (Age 57)
    CEO & Director
    Comp: $1.72M
  • Ms. Melissa M. Tomkiel (Age 43)
    President, General Counsel & Corporate Secretary
    Comp: $1.01M
  • Mr. William A. Heyburn (Age 35)
    CFO & Head of Corporate Development
    Comp: $910.44k
  • Mr. Amir M. Cohen (Age 47)
    Chief Accounting Officer
  • Mr. Seth J. Bacon (Age 52)
    Chief Executive Officer of Trinity Air Medical, LLC

BLDE Stock Analysis - Frequently Asked Questions

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

3 Wall Street equities research 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 equities research 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 Wall Street analysts have issued 12-month target prices for Blade Air Mobility's shares. Their BLDE share price targets range from $6.00 to $13.00. On average, they anticipate the company's stock price to reach $8.50 in the next year. This suggests a possible upside of 137.4% 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 on January 1st, 2024. Since then, BLDE shares have increased by 1.4% and is now trading at $3.58.
View the best growth stocks for 2024 here
.

Are investors shorting Blade Air Mobility?

Blade Air Mobility saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,650,000 shares, an increase of 27.2% from the March 31st total of 2,870,000 shares. Based on an average trading volume of 923,200 shares, the days-to-cover ratio is currently 4.0 days. Approximately 8.0% of the company's stock are sold short.
View Blade Air Mobility's Short Interest
.

How were Blade Air Mobility's earnings last quarter?

Blade Air Mobility, Inc. (NASDAQ:BLDE) posted its quarterly earnings results on Tuesday, March, 12th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by $0.10. The business earned $47.48 million during the quarter, compared to the consensus estimate 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 AdvisorShares Drone Technology ETF (UAV).ARK Autonomous Technology & Robotics ETF (ARKQ).

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

Blade Air Mobility updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $240.0 million-$250.0 million, compared to the consensus revenue estimate of $246.4 million.

Who are Blade Air Mobility's major shareholders?

Blade Air Mobility's stock is owned by a number of retail and institutional investors. Top institutional investors include Nikko Asset Management Americas Inc. (4.88%), Sumitomo Mitsui Trust Holdings Inc. (4.88%), GSA Capital Partners LLP (0.38%), 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 5/8/2024 by MarketBeat.com Staff

From Our Partners