What Makes Blade Air Mobility (BLDE) a New Buy Stock

Core Viewpoint - Blade Air Mobility, Inc. (BLDE) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Blade Air Mobility for the fiscal year ending December 2025 is projected at -$0.10 per share, reflecting a 61.5% change from the previous year's reported number [9]. - Over the past three months, the Zacks Consensus Estimate for Blade Air Mobility has increased by 55.8%, indicating a trend of rising earnings estimates [9]. Zacks Rating System - The Zacks rating system is based solely on a company's changing earnings picture, which is tracked through EPS estimates from sell-side analysts [2]. - The system classifies stocks into five groups, with Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell), and has shown an impressive track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [8]. - The upgrade of Blade Air Mobility to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [11].