Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The information contained herein is for informational purposes only. Nothing in this article should be ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Flight utilized BETA’s ALIA CTOL, which departed East Hampton Airport, New York and arrived at John F. Kennedy International Airport in New York CityBlade CEO Rob Wiesenthal's participation as a passenger on the all-electric flight underscores the company’s commitment to quiet, emission-free air mobilityBlade, BETA Technologies, and other Advanced Air Mobility manufacturers continue to collaborate on the integration of Electric Vertical Aircraft (“EVA” or “eVTOL”) in Blade’s service model NEW YORK, June 03, ...

Blade Air Mobility (BLDE) FY Conference Summary Company Overview - Blade Air Mobility operates in the short-distance aviation market, primarily focusing on helicopter services and transitioning to electric vertical takeoff and landing (eVTOL) aircraft as they become available [3][4] - The company has been operational for approximately ten years and has established a significant presence in the Northeast United States and Southern Europe [3][6] Core Business Segments Medical Transportation - Blade is the largest air transporter of human organs in the United States, with the medical segment accounting for about 60% of its business [7] - The medical business is highly profitable, with adjusted EBITDA expected to reach approximately $6 million for the passenger side, with additional growth anticipated [8][9] - The company is moving from low teens to high teens in profit margins for the medical side, while the passenger side is targeting high single-digit margins [12] Passenger Transportation - Blade's passenger business operates in a competitive landscape, particularly in the Northeast United States, where it has no direct competition [20] - The pricing model includes a subscription service that allows customers to fly for as low as $95, with an average checkout exceeding $300 [30][31] - The passenger business is characterized by seasonality, but Blade's asset-light model allows for flexible capacity management [13][15] Growth Opportunities eVTOL Transition - Blade is preparing for the integration of eVTOL aircraft, with expected deployment timelines in the Middle East by late 2025 and in the Northeast by late 2027 or 2028 [34][35] - The transition to eVTOL is anticipated to unlock significant growth due to quieter operations and increased landing zone availability [38][42] Medical Market Expansion - The medical market is experiencing high single-digit growth, driven by factors such as regulatory changes and advancements in perfusion technology [44] - Blade is expanding its service offerings, including ground transportation and clinical matching functions for organ transplants [46] Competitive Advantages - Blade's brand recognition and customer experience are key competitive advantages, with a focus on providing a seamless and enjoyable travel experience [47][50] - The company has developed a robust technology stack that enhances operational efficiency and customer engagement [51][52] Financial Position - Blade reported a clean balance sheet with approximately $120 million in cash and no debt, positioning the company well for future growth [11] - The company has achieved profitability ahead of schedule, with strong financial performance across both medical and passenger segments [10][54] Conclusion - Blade Air Mobility is well-positioned for future growth with a strong focus on both its medical and passenger transportation segments, leveraging its brand, technology, and operational efficiencies to capitalize on emerging opportunities in the aviation market [55][56]

NEW YORK, May 22, 2025 (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, and Will Heyburn, Chief Financial Officer, will present at the Jefferies eVTOL / AAM Summit on Wednesday, May 28, 2025 at 10:40am ET. 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 s ...

Blade Air Mobility (BLDE) Conference May 21, 2025 03:00 PM ET Speaker0 Here in New York. So he had a really long commute. And, anyway, and then we invite, I'll ask a couple questions to get started, and we'd really appreciate your participation with the questions that you might have. With that, Rob? Speaker1 Great. Thanks for having me. So we'll give a little quick just a brief overview of the company, you know, how we started. We're now into our eleventh year of Blade. We started Blade from whole cloth her ...

Company Overview - Blade Air Mobility, Inc. is a technology-powered air mobility platform that provides air transportation and logistics for hospitals across the United States, being one of the largest transporters of human organs for transplant [2] - The company offers helicopter and fixed-wing services primarily in the Northeast United States and Southern Europe, operating an asset-light model with exclusive passenger terminal infrastructure and proprietary technologies [2] Upcoming Events - Rob Wiesenthal, the CEO of Blade, will present at the Ladenburg Thalmann Technology Innovation Expo 25 on May 21, 2025, at 3:00 PM ET, with a webcast available for investors [1] Business Model and Technology - Blade's model is designed to facilitate a seamless transition from traditional helicopters and fixed-wing aircraft to Electric Vertical Aircraft (EVA or eVTOL), aiming for lower-cost air mobility that is both quiet and emission-free [2]

Investors might want to bet on Blade Air Mobility, Inc. (BLDE) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by th ...

Core Viewpoint - Blade Mobility Inc. has seen a significant stock increase of over 18% following the release of its first-quarter earnings, highlighting positive financial performance and growth potential in the air mobility sector [1][3]. Company Overview - Blade Mobility operates in the air transport sector, offering services through a fleet that includes helicopters, private jets, turboprops, and amphibious seaplanes. The business is divided into two main verticals: Medical Services (58% of revenue) and Passenger Services (42% of revenue) [2][3]. Financial Performance - The company reported revenue of $54.3 million, exceeding expectations of $49.3 million, marking a 10% increase. The earnings per share showed a loss of four cents, which was better than the anticipated loss of 11 cents. Notably, Blade achieved its first-ever EBITDA profit of $0.1 million in the passenger segment [3][4]. - Blade reaffirmed its full-year revenue guidance of $245 million to $265 million, indicating a potential 2% year-over-year gain, driven by reduced aircraft maintenance and ongoing cost-saving measures [4]. Market Position and Future Outlook - Blade Mobility went public via a SPAC in 2020 and, despite facing challenges in the past, has shown resilience with a stock recovery from its 52-week low. The recent earnings report has positioned the stock above its 200-day simple moving average, suggesting bullish momentum [5][7]. - The air mobility sector is expanding, with growing interest in eVTOLs. Blade's core business in organ transport provides a significant first-mover advantage, making it less vulnerable to competition from companies like Joby Aviation and Archer Aviation [8]. - Analysts project a 12-month stock price forecast of $6.25, representing an 80.64% upside from the current price of $3.46, with a consensus indicating a bullish sentiment towards the stock [9][10].

Blade Air Mobility (BLDE) FY Conference May 14, 2025 03:40 PM ET Speaker0 Okay. Good afternoon, and, welcome to, JPMorgan's fifty third annual, tech conference. My name is Bill Peterson, Clean Tech Analyst. And we're pleased to have the team from Blade here. We have Matt Schneider, the VP of Investor Relations and Strategic Finance. Matt, thanks for joining the conference. Speaker1 Bill, thanks for having me at conference. Speaker0 Maybe as an introduction, we just had earnings here recently. Maybe we can g ...