Blade Air Mobility: Business Is Taking Off
- Blade reported another strong quarter as demand returns to above pre-covid levels with the reopening of airport services.
- The urban air mobility company still has several years of work ahead to reach EBITDA positive.
- The stock only trades at ~1.5x '23 EV/S targets while the business is poised to soar starting with EVAs in '24.
- Looking for more investing ideas like this one? Get them exclusively at Out Fox The Street. Learn More »
() continues to make great progress towards building a platform for flying taxies. The air mobility platform has seen business rebound past pre-Covid levels, while the stock has slumped to $5 with theinvestment thesis