Blade Air Mobility Inc (NASDAQ:BLDE), 31.18% Above Its High, Could Make A Strong Comeback.

In last trading session, Blade Air Mobility Inc (NASDAQ:BLDE) saw 0.66 million shares changing hands with its beta currently measuring 1.20. Company’s recent per share price level of $3.56 trading at -$0.26 or -6.81% at ring of the bell on the day assigns it a market valuation of $278.80M. That closing price of BLDE’s stock is at a discount of -45.22% from its 52-week high price of $5.17 and is indicating a premium of 31.18% from its 52-week low price of $2.45.

Blade Air Mobility Inc (NASDAQ:BLDE) trade information

Upright in the red during last session for losing -6.81%, in the last five days BLDE remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $3.56 price level, adding 12.1% to its value on the day. Blade Air Mobility Inc’s shares saw a change of -16.24% in year-to-date performance and have moved -0.56% in past 5-day. Blade Air Mobility Inc (NASDAQ:BLDE) showed a performance of -11.22% in past 30-days.

Blade Air Mobility Inc (BLDE) estimates and forecasts

This year revenue growth is estimated to rise 9.08% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 50.79M for the same. And 1 analysts are in estimates of company making revenue of 50.4M in the next quarter. Company posted 47.48M and 51.51M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around 51.59% while estimates for its earnings growth in next 5 years are of 27.96%.

Blade Air Mobility Inc (NASDAQ:BLDE)’s Major holders

ARK INVESTMENT MANAGEMENT LLC is the top institutional holder at BLDE for having 6.44 million shares of worth $22.42 million. And as of 2024-06-30, it was holding 8.3026 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 3.9 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.2583 of outstanding shares, having a total worth of $13.57 million.

On the other hand, ARK ETF Tr-ARK Autonomous Technology & Robotics ETF and ARK ETF Tr-ARK Space Exploration & Innovation ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 5.48 shares of worth $19.51 million or 7.00% of the total outstanding shares. The later fund manager was in possession of 2.41 shares on Dec 31, 2024 , making its stake of worth around $8.59 million in the company or a holder of 3.08% of company’s stock.