After A Decline Of -52.96% From The High, Can Blade Air Mobility Inc (NASDAQ: BLDE) Recover Quickly?

Blade Air Mobility Inc (NASDAQ:BLDE)’s traded shares stood at 0.54 million during the last session, with the company’s beta value hitting 1.22.The BLDE share’s 52-week high remains $5.17, putting it -52.96% down since that peak but still an impressive 27.51% since price per share fell to its 52-week low of $2.45.

Blade Air Mobility Inc (NASDAQ:BLDE) trade information

The 5-day price performance for the stock is -5.06%, and -13.11% over 30 days. With these gigs, the year-to-date price performance is -20.47%.

Blade Air Mobility Inc (BLDE) estimates and forecasts

The rating firms project that company’s revenue will grow 8.95% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is 50.53M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 50.95M.Earnings reports from the last fiscal year show that sales brought in 47.48M and 51.51M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 6.43% before dropping -1.09% in the following quarter.

BLDE Dividends

Blade Air Mobility Inc has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

The next major institution holding the largest number of shares is BLACKROCK INC. with 3.9 million shares, or about 5.2583% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $13.57 million.

We also have ARK ETF Tr-ARK Autonomous Technology & Robotics ETF and ARK ETF Tr-ARK Space Exploration & Innovation ETF as the top two Mutual Funds with the largest holdings of the Blade Air Mobility Inc (BLDE) shares. Going by data provided on Dec 31, 2024 , ARK ETF Tr-ARK Autonomous Technology & Robotics ETF holds roughly 5.48 shares. This is just over 7.00% of the total shares, with a market valuation of $18.53 million. Data from the same date shows that the other fund manager holds a little less at 2.41, or 3.08% of the shares, all valued at about 8.16 million.