As the world focuses on sustainability and reducing carbon footprints, clean tech stocks are gaining attention from investors seeking both financial returns and environmental impact.
Out of the coverage universe of JPMorgan analysts Bill Peterson, Mahima Kakani and Bennett Moore, three clean tech stocks stand out with significant upside potential, offering investors the opportunity to invest in companies at the forefront of the clean energy revolution: Blade Air Mobility Inc (NASDAQ:BLDE), ChargePoint Holdings Inc (NYSE:CHPT) and Enovix Corp (NASDAQ:ENVX).
Blade Air Mobility
Blade Air Mobility’s strong first quarter performance — with better-than-expected adjusted EBITDA driven by revenue growth in MediMobility and flight margin improvements — highlights its position as a key player in the Urban Air Mobility (UAM) space.
JPMorgan’s Overweight rating on Blade Air stock reflects its confidence in the company’s ability to deliver on its positive EBITDA goals in 2024 and 2025. JPMorgan currently rates the company Overweight, citing its path to profitability and opportunities for margin expansion in its Passenger ...Full story available on Benzinga.com
Related tickers: CHPT, BLDE, ENVX.
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