Blade Air Mobility: Bargain Bin
- Blade Air Mobility continues to build a leading urban air mobility platform, while others discuss future plans.
- The company is consolidating a fragmented business, with plans to approach $200 million in '23 revenues.
- Blade Air Mobility stock trades far below 1x EV/S targets for '23.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »
As a lot of companies talk about an urban air mobility future, Blade Air Mobility, Inc. (NASDAQ:BLDE) continues to build the platform of the future. The company is locking in routes and customers using existing helicopters, awaiting the eventual launch of EVAs (electric vertical aircraft). My investment thesis remains ultra Bullish on the future UAM (urban air mobility) stock trading at the lows at $3.50 due to the banking crisis.
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