Added to YB: 2024-04-08
Pitch date: 2024-04-01
BLDE [bullish]
Blade Air Mobility, Inc.
+34.62%
current return
Author Info
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Company Info
Blade Air Mobility, Inc. provides air transportation alternatives to the congested ground routes in the United States.
Market Cap
$257.2M
Pitch Price
$3.12
Price Target
11.40 (+171%)
Dividend
N/A
EV/EBITDA
-5.05
P/E
-5.07
EV/Sales
0.58
Sector
Passenger Airlines
Category
growth
Show full summary:
Blade Air Mobility, Inc. - $BLDE
BLDE: Unappreciated air mobility play. Mkt cap $209M w/ $166M cash. Rev grew 3x to $225M driven by medical transport. Path to profitability, no funding risk. Tech platform connects operators & demand. eVTOL optionality w/ Airbus investing. $20M buyback. $11.50 warrants (BLDEW) cheap long-dated options. Estimate $1B+ value (4x+ upside).
Read full article (2 min)