Blade Air Mobility Inc [NASDAQ: BLDE] gained 1.21% on the last trading session, reaching $4.18 price per share at the time.
Blade Air Mobility Inc represents 80.97 million in outstanding shares, while the company has a total market value of $338.65 million with the latest information. BLDE stock price has been found in the range of $4.155 to $4.24.
If compared to the average trading volume of 712.43K shares, BLDE reached a trading volume of 300524 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Blade Air Mobility Inc [BLDE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BLDE shares is $7.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BLDE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Lake Street have made an estimate for Blade Air Mobility Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 26, 2025. While these analysts kept the previous recommendation, Ladenburg Thalmann raised their target price to Buy. The new note on the price target was released on July 18, 2023, representing the official price target for Blade Air Mobility Inc stock. Previously, the target price had yet another raise to $13, while Ladenburg Thalmann analysts kept a Buy rating on BLDE stock.
The Price to Book ratio for the last quarter was 1.54, with the Price to Cash per share for the same quarter was set at 1.49.
Trading performance analysis for BLDE stock
Blade Air Mobility Inc [BLDE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.98. With this latest performance, BLDE shares gained by 18.75% in over the last four-week period, additionally sinking by -4.57% over the last 6 months – not to mention a drop of -1.65% in the past year of trading.
Blade Air Mobility Inc [BLDE]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Blade Air Mobility Inc [BLDE] shares currently have an operating margin of -12.58% and a Gross Margin at 21.75%. Blade Air Mobility Inc’s Net Margin is presently recorded at -10.56%.
Return on Equity for this stock declined to -9.96%, with Return on Assets sitting at -9.96%.
Blade Air Mobility Inc [BLDE]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BLDE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Blade Air Mobility Inc go to 50.92%.
An analysis of Institutional ownership at Blade Air Mobility Inc [BLDE]
There are presently around $68.87%, or 77.09% of BLDE stock, in the hands of institutional investors. The top three institutional holders of BLDE stocks are: ARK INVESTMENT MANAGEMENT LLC with ownership of 6.44 million shares, which is approximately 8.3026%. SUMITOMO MITSUI TRUST HOLDINGS, INC., holding 4.06 million shares of the stock with an approximate value of $$14.13 million in BLDE stocks shares; and SUMITOMO MITSUI TRUST HOLDINGS, INC., currently with $$14.01 million in BLDE stock with ownership which is approximately 5.2027%.
