Blade Air Mobility Inc (NASDAQ:BLDE) Stock Has Fallen -26.12% YTD, What Do Analysts Anticipate Next?

In last trading session, Blade Air Mobility Inc (NASDAQ:BLDE) saw 0.79 million shares changing hands with its beta currently measuring 1.36. Company’s recent per share price level of $3.14 trading at $0.11 or 3.63% at ring of the bell on the day assigns it a market valuation of $245.90M. That closing price of BLDE’s stock is at a discount of -64.65% from its 52-week high price of $5.17 and is indicating a premium of 21.97% from its 52-week low price of $2.45. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.85 million shares which gives us an average trading volume of 782.54K if we extend that period to 3-months.

Blade Air Mobility Inc (NASDAQ:BLDE) trade information

Upright in the green during last session for gaining 3.63%, in the last five days BLDE remained trading in the green while hitting it’s week-highest on Thursday, 03/13/25 when the stock touched $3.14 price level, adding 16.71% to its value on the day. Blade Air Mobility Inc’s shares saw a change of -26.12% in year-to-date performance and have moved 0.64% in past 5-day. Blade Air Mobility Inc (NASDAQ:BLDE) showed a performance of -12.29% in past 30-days. Number of shares sold short was 2.26 million shares which calculate 4.1 days to cover the short interests.

Blade Air Mobility Inc (BLDE) estimates and forecasts

This year revenue growth is estimated to rise 3.06% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 49.26M for the same. And 3 analysts are in estimates of company making revenue of 66.18M in the next quarter. Company posted 51.51M and 67.94M of sales in current and next quarters respectively a year earlier.

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

Insiders are in possession of 8.80% of company’s total shares while institution are holding 76.91 percent of that, with stock having share float percentage of 84.33%. Investors also watch the number of corporate investors in a company very closely, which is 76.91% institutions for Blade Air Mobility Inc that are currently holding shares of the company. 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 $17.21 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 $7.58 million in the company or a holder of 3.08% of company’s stock.