Blade Air Mobility Inc (NASDAQ:BLDE) does about 692.26K shares in volume on a normal day but saw 2647742 shares change hands in the recent trading day. The company now has a market cap of 343.51M USD. Its current market price is $4.24, marking an increase of 11.58% compared to the previous close of $3.80. The 52 week high reached by this stock is $5.17 whilst the lowest price level in 52 weeks is $2.35.
The consensus objective for the share price is $7.20, suggesting that the stock has a potential upside of 41.11% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 26, 2025 when Lake Street initiated the stock to “Buy” and issued a price target of $6.50. Ladenburg Thalmann initiated its price target at $13.
The current price level is 19.60%, 39.23%, and 22.68% away from its SMA20, SMA50, and SMA200 respectively, with the BLDE price moving below the 50-day SMA on current market day. Blade Air Mobility Inc (BLDE) stock is up 20.45% over the week and 43.24% over the past month. Its price is -0.24% year-to-date and 40.40% over the past year.
To reach the target analysts have set, the stock logically needs to grow 41.11 percent from here.
Outstanding shares total 80.97M with insiders holding 10.66% of the shares and institutional holders owning 68.94% of the company’s common stock. The company has a return on investment of -11.78% and return on equity of -11.64%. The beta has a value of 1.66. Price to book ratio is 1.56 and price to sales ratio is 1.37.
