Update shared on06 Aug 2025
Fair value Increased 7.64%The consensus analyst price target for Blade Air Mobility has increased, primarily driven by higher revenue growth forecasts and a rising future P/E, bringing the fair value estimate up from $7.20 to $7.75.
What's in the News
- Joby Aviation is exploring an acquisition of Blade Air Mobility to access a ready customer base for electric air taxis; no final decision has been made.
- Blade's shares have declined 10% this year, with a market value of $309 million, and the company has not reported an annual profit since going public.
- The company did not repurchase any shares in the first quarter of 2025, having previously completed a buyback of 80,102 shares for $0.24 million (0.1% of outstanding).
- Blade reaffirmed its full-year 2025 revenue guidance of $245 million to $265 million.
Valuation Changes
Summary of Valuation Changes for Blade Air Mobility
- The Consensus Analyst Price Target has risen from $7.20 to $7.75.
- The Consensus Revenue Growth forecasts for Blade Air Mobility has significantly risen from 6.6% per annum to 7.3% per annum.
- The Future P/E for Blade Air Mobility has significantly risen from 41.90x to 46.13x.
Disclaimer
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