What is HC Wainwright's Forecast for SRFM FY2026 Earnings?

Key Points

• HC Wainwright lowered its FY2026 EPS forecast for Surf Air Mobility to a loss of $0.74 per share from a projected loss of $0.67, versus the consensus estimate of a $0.68 loss. The firm maintained its Buy rating.
• HC Wainwright projects losses of $0.09 per share in Q4 2026, $0.34 in FY2027 and $0.05 in FY2028, followed by earnings of $0.29 per share in FY2029.
• Surf Air Mobility reported a quarterly loss of $0.16 per share, missing the $0.13 loss consensus; revenue was $36.46 million. Analysts’ overall rating is Hold, with a consensus price target of $2.92.

Surf Air Mobility Inc. (NYSE:SRFM - Free Report) - Equities researchers at HC Wainwright lowered their FY2026 EPS estimates for Surf Air Mobility in a report issued on Monday, November 9th. HC Wainwright analyst A. Dayal now forecasts that the company will earn ($0.74) per share for the year, down from their prior estimate of ($0.67). HC Wainwright has a "Buy" rating on the stock. The consensus estimate for Surf Air Mobility's current full-year earnings is ($0.68) per share. HC Wainwright also issued estimates for Surf Air Mobility's Q4 2026 earnings at ($0.09) EPS, FY2027 earnings at ($0.34) EPS, FY2028 earnings at ($0.05) EPS and FY2029 earnings at $0.29 EPS.

Surf Air Mobility (NYSE:SRFM - Get Free Report) last announced its earnings results on Thursday, November 5th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.03). The business had revenue of $36.46 million for the quarter.

A number of other equities analysts have also commented on the stock. Canaccord Genuity Group decreased their price objective on shares of Surf Air Mobility from $1.50 to $1.00 and set a "hold" rating for the company in a research note on Monday, August 17th. Weiss Ratings restated a "sell (e+)" rating on shares of Surf Air Mobility in a report on Thursday, October 22nd. Finally, Wall Street Zen raised Surf Air Mobility from a "sell" rating to a "hold" rating in a research report on Saturday. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $2.92.

Surf Air Mobility Price Performance

SRFM stock opened at $0.74 on Wednesday. The firm has a market capitalization of $100.11 million, a P/E ratio of -0.66 and a beta of 2.65. Surf Air Mobility has a 52-week low of $0.46 and a 52-week high of $3.50. The company's 50 day simple moving average is $0.80 and its 200-day simple moving average is $1.15.

Institutional Trading of Surf Air Mobility

A number of institutional investors have recently bought and sold shares of SRFM. Balefire LLC purchased a new position in Surf Air Mobility in the first quarter valued at about $376,000. J. Derek Lewis & Associates Inc. lifted its holdings in shares of Surf Air Mobility by 84.3% during the 1st quarter. J. Derek Lewis & Associates Inc. now owns 293,000 shares of the company's stock valued at $337,000 after buying an additional 134,000 shares during the last quarter. Engineers Gate Manager LP lifted its holdings in shares of Surf Air Mobility by 147.4% during the 2nd quarter. Engineers Gate Manager LP now owns 96,389 shares of the company's stock valued at $112,000 after buying an additional 57,423 shares during the last quarter. Squarepoint Ops LLC bought a new stake in shares of Surf Air Mobility in the 2nd quarter valued at approximately $53,000. Finally, Ritholtz Wealth Management bought a new stake in shares of Surf Air Mobility in the 3rd quarter valued at approximately $37,000. Institutional investors and hedge funds own 17.68% of the company's stock.

About Surf Air Mobility

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.

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