NYSE:SRFM

Surf Air Mobility (SRFM) Stock Price, News & Analysis

$0.48
+0.01 (+2.14%)
(As of 05/14/2024 ET)
Today's Range
$0.41
$0.51
50-Day Range
$0.38
$1.07
52-Week Range
$0.38
$5.00
Volume
255,900 shs
Average Volume
360,870 shs
Market Capitalization
$39.63 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.28

Surf Air Mobility MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
586.5% Upside
$3.28 Price Target
Short Interest
Healthy
2.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Surf Air Mobility in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.79) to ($0.59) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.07 out of 5 stars

Transportation Sector

298th out of 351 stocks

Air Transportation, Nonscheduled Industry

4th out of 15 stocks

SRFM stock logo

About Surf Air Mobility Stock (NYSE:SRFM)

Surf Air Mobility Inc. operates as an electric aviation and air travel company in the United States. The company offers an air mobility platform with scheduled routes and on demand charter flights operated by third parties. Surf Air Mobility Inc. is headquartered in Hawthorne, California.

SRFM Stock Price History

SRFM Stock News Headlines

Surf Air Mobility (SRFM) to Release Quarterly Earnings on Tuesday
Palantir Is Betting on Surf Air Mobility (SRFM) Stock
Cathie Wood Pours Millions Into The Air Taxi Industry
7 eVTOL Stocks to Invest In the Full Range of Air Mobility
See More Headlines
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Company Calendar

Last Earnings
3/28/2024
Today
5/14/2024
Next Earnings (Confirmed)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air transportation, nonscheduled
Sub-Industry
N/A
Fax
N/A
Employees
625
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.28
High Stock Price Target
$4.00
Low Stock Price Target
$2.50
Potential Upside/Downside
+586.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$60.51 million
Book Value
($1.05) per share

Miscellaneous

Free Float
N/A
Market Cap
$39.63 million
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Robert Stanley Little (Age 51)
    CEO & Director
    Comp: $403k
  • Mr. Sudhin Shahani (Age 40)
    Co-Founder & Director
    Comp: $500k
  • Ms. Deanna White (Age 57)
    Senior Advisor
    Comp: $650k
  • Mr. Liam Fayed
    Co-Founder and Chief Brand & Experience Officer
  • Mr. Oliver W. Reeves (Age 44)
    Chief Financial Officer
  • Bryce Van
    Chief Accounting Officer
  • Mr. David J. Anderman
    Chief Legal Officer
  • Mr. Ido Gruberger
    Chief Strategy Officer
  • Mr. Frederick W. Reid (Age 73)
    Global Head of Business Development

SRFM Stock Analysis - Frequently Asked Questions

Should I buy or sell Surf Air Mobility stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Surf Air Mobility in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SRFM shares.
View SRFM analyst ratings
or view top-rated stocks.

What is Surf Air Mobility's stock price target for 2024?

4 brokers have issued 1-year price objectives for Surf Air Mobility's stock. Their SRFM share price targets range from $2.50 to $4.00. On average, they anticipate the company's stock price to reach $3.28 in the next twelve months. This suggests a possible upside of 586.5% from the stock's current price.
View analysts price targets for SRFM
or view top-rated stocks among Wall Street analysts.

How have SRFM shares performed in 2024?

Surf Air Mobility's stock was trading at $1.55 at the beginning of the year. Since then, SRFM stock has decreased by 69.2% and is now trading at $0.4778.
View the best growth stocks for 2024 here
.

Are investors shorting Surf Air Mobility?

Surf Air Mobility saw a decline in short interest in April. As of April 15th, there was short interest totaling 1,080,000 shares, a decline of 21.7% from the March 31st total of 1,380,000 shares. Based on an average daily trading volume, of 449,600 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.8% of the shares of the company are sold short.
View Surf Air Mobility's Short Interest
.

When is Surf Air Mobility's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our SRFM earnings forecast
.

How were Surf Air Mobility's earnings last quarter?

Surf Air Mobility Inc. (NYSE:SRFM) released its quarterly earnings data on Thursday, March, 28th. The company reported ($1.28) EPS for the quarter, missing the consensus estimate of ($0.28) by $1.00. The firm had revenue of $26.84 million for the quarter, compared to analyst estimates of $26.19 million.

What guidance has Surf Air Mobility issued on next quarter's earnings?

Surf Air Mobility issued an update on its second quarter 2024 earnings guidance on Tuesday, May, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $28.0 million-$31.0 million, compared to the consensus revenue estimate of $30.6 million.

When did Surf Air Mobility IPO?

Surf Air Mobility (SRFM) raised $281 million in an IPO on Thursday, July 27th 2023. The company issued 23,700,000 shares at $11.86 per share. Morgan Stanley, Canaccord Genuity, Moelis & Co., Baird and Sanford Bernstein acted as the underwriters for the IPO.

How do I buy shares of Surf Air Mobility?

Shares of SRFM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SRFM) was last updated on 5/15/2024 by MarketBeat.com Staff

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