A share price of Blade Air Mobility Inc [BLDE] is currently trading at $2.85, down -2.73%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BLDE shares have gain 5.95% over the last week, with a monthly amount glided 9.20%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Blade Air Mobility Inc [NASDAQ: BLDE] stock has seen the most recent analyst activity on February 26, 2025, when Lake Street initiated its Buy rating and assigned the stock a price target of $6.50. Previously, Ladenburg Thalmann started tracking the stock with Buy rating on July 18, 2023, and set its price target to $13. On July 17, 2023, Ladenburg Thalmann initiated with a Buy rating and assigned a price target of $13 on the stock. Oppenheimer started tracking the stock assigning a Outperform rating and suggested a price target of $14 on September 28, 2021. JP Morgan initiated its recommendation with a Overweight and recommended $16 as its price target on September 09, 2021. Deutsche Bank started tracking with a Buy rating for this stock on September 01, 2021, and assigned it a price target of $15. In a note dated August 26, 2021, Credit Suisse initiated an Outperform rating and provided a target price of $14 on this stock.
Blade Air Mobility Inc experienced fluctuations in its stock price throughout the past year between $2.35 and $5.17. Blade Air Mobility Inc [NASDAQ: BLDE] shares were valued at $2.85 at the most recent close of the market.
Analyzing the BLDE fundamentals
Trailing Twelve Months sales for Blade Air Mobility Inc [NASDAQ:BLDE] were 248.69M which represents 14.49% growth. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -0.25%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.22 and Total Capital is -0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.80 points at the first support level, and at 2.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.94, and for the 2nd resistance point, it is at 3.03.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Blade Air Mobility Inc [NASDAQ:BLDE] is 7.07. In addition, the Quick Ratio stands at 7.07 and the Cash Ratio stands at 0.74. Considering the valuation of this stock, the price to sales ratio is 0.92, the price to book ratio is 1.02.
Transactions by insiders
Recent insider trading involved Heyburn William A., Chief Financial Officer, that happened on Jan 06 ’25 when 0.1 million shares were sold. Chief Financial Officer, Heyburn William A. completed a deal on Jan 07 ’25 to sell 900.0 shares. Meanwhile, Director Love Reginald sold 5091.0 shares on Dec 13 ’24.
