Blade Air MobilityBLDE
BLDE
About: Blade Air Mobility Inc is a technology-powered air mobility platform that provides air transportation and logistics for hospitals and is a transporter of human organs for transplant, and for passengers, with helicopter and fixed-wing services predominantly in the Northeast United States, Southern Europe and Western Canada. The company's operating segments are; Passenger, and Medical. Majority of the revenue for the company is generated from its Medical segment which predominantly consists of transportation of human organs for transplant and the medical teams supporting these services. It also offers additional services including donor logistics coordination and support in evaluating potential donor organs. A substantial portion of the company's revenue is generated from the United States.
Employees: 281
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
288% more call options, than puts
Call options by funds: $303K | Put options by funds: $78K
32% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 31
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
3% more funds holding
Funds holding: 116 [Q2] → 119 (+3) [Q3]
2.26% more ownership
Funds ownership: 50.58% [Q2] → 52.84% (+2.26%) [Q3]
11% less capital invested
Capital invested by funds: $136M [Q2] → $121M (-$14.8M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$6
56%
upside
Avg. target
$6
56%
upside
High target
$6
56%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
JP Morgan Bill Peterson 38% 1-year accuracy 10 / 26 met price target | 56%upside $6 | Overweight Maintained | 29 Oct 2024 |
Financial journalist opinion
Positive
Seeking Alpha
6 days ago
Blade Air Mobility: Their 'Accidental' Move Into Organ Transportation Represents The Biggest Opportunity
Blade Air Mobility is shifting focus from passenger services to organ transportation, showing strong growth and profitability prospects in the medical segment. The company has achieved its first pretax profit, driven by strategic decisions to divest unprofitable routes and invest in aircraft ownership for medical services. Blade's medical segment, MediMobility, now represents 59% of revenue, benefiting from industry tailwinds and less competition, ensuring consistent and non-cyclical growth.
Neutral
GlobeNewsWire
3 weeks ago
Blade Air Mobility to Present at the 2024 UBS Global Technology and AI Conference
NEW YORK, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that Rob Wiesenthal, Chief Executive Officer, will present at the 2024 UBS Global Technology and AI Conference on Wednesday, December 4, 2024 at 12:15 pm MT. A webcast of the event will be available at the link here. A replay will be available shortly after the conclusion of the presentation on the investor relations section of the company's website at https://ir.blade.com/news-events.
Neutral
Seeking Alpha
1 month ago
Blade Air Mobility, Inc. (BLDE) Q3 2024 Earnings Call Transcript
Blade Air Mobility, Inc. (NASDAQ:BLDE ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Matthew Schneider - Vice President, Investor Relations and Strategic Finance Robert Wiesenthal - Chief Executive Officer William Heyburn - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Lauren Lee - Deutsche Bank Mahima Kakani - JPMorgan Jon Hickman - Ladenburg Thalmann Operator Good morning, ladies and gentlemen and welcome to the Blade Air Mobility Fiscal Third Quarter 2024 Earnings Release Conference Call. At this time all participants are in a listen-only mode.
Negative
Zacks Investment Research
1 month ago
Blade Air Mobility, Inc. (BLDE) Reports Q3 Loss, Tops Revenue Estimates
Blade Air Mobility, Inc. (BLDE) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to break-even earnings per share a year ago.
Positive
Seeking Alpha
1 month ago
Blade Air Mobility: Attractive Business, Growth Visibility, And Undervaluation
Initiating coverage on Blade Air Mobility with a “Buy” rating, citing a unique business model and undervaluation. Blade's medical segment, particularly organ transportation, is a significant growth and margin driver, with a strong balance sheet and potential for international expansion. Passenger segment restructuring and partnerships, along with a transition to electric aircraft, are expected to improve margins and growth prospects.
Neutral
Benzinga
1 month ago
Air Mobility Stocks Prepare For Takeoff: Will Joby, Archer, Blade Soar Above Certification, Cash Challenges?
Earnings season is about to kick off for air mobility players Joby Aviation Inc JOBY, Archer Aviation Inc ACHR, and Blade Air Mobility Inc BLDE.
Neutral
GlobeNewsWire
1 month ago
Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal Third Quarter 2024 Financial Results
NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), today announced the opening of the shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the third quarter ended September 30, 2024. Blade will conduct the call at 8:00am ET on Tuesday, November 12, 2024.
Positive
The Motley Fool
2 months ago
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
The popular growth investor keeps adding to some of her favorite falling stocks.
Positive
MarketBeat
3 months ago
Blade Air Mobility: This Under-the-Radar Stock Could Double Soon
Blade Air Mobility NASDAQ: BLDE is not only a stock with an interesting name, but it could also be a big-time investment, according to Wall Street analysts. Its average price target of $7.30, implies this stock could provide a double bagger return or greater.
Neutral
GlobeNewsWire
3 months ago
BLADE extends its airline agreements through its partnership with Qatar Airways, allowing passengers to fly from anywhere in the world straight to Monaco on a single ticket
NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “BLADE”), a global Urban Air Mobility company that runs scheduled flights year-round between Nice and Monaco every 30 minutes, announces its interline partnership with leading global airline, Qatar Airways. This partnership enables Qatar Airways passengers to travel to or from Monaco on a single ticket, seamlessly connecting from their commercial airline to a BLADE helicopter that will fly them into the heart of Monaco. Upon landing at the Monte Carlo heliport, a BLADE limousine service will drive them to their hotel/local destination.
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