Equities Analysts Issue Forecasts for SRFM Q3 Earnings

Key Points

• HC Wainwright has raised its Q3 2025 earnings per share forecast for Surf Air Mobility to ($0.49), up from a previous estimate of ($0.74).
• Surf Air Mobility reported Q2 earnings of ($0.93) per share, which was better than the consensus estimate of ($1.09), along with revenue of $27.43 million exceeding expectations.
• Insider selling of Surf Air Mobility shares has occurred, with significant sales by directors Sudhin Shahani and Tyler Painter reducing their holdings by over 12% and 99% respectively.

Surf Air Mobility Inc. (NYSE:SRFM - Free Report) - Research analysts at HC Wainwright boosted their Q3 2025 earnings estimates for Surf Air Mobility in a research note issued to investors on Thursday, August 14th. HC Wainwright analyst A. Dayal now forecasts that the company will earn ($0.49) per share for the quarter, up from their previous forecast of ($0.74). HC Wainwright also issued estimates for Surf Air Mobility's Q4 2025 earnings at ($0.50) EPS, FY2026 earnings at ($1.68) EPS, FY2027 earnings at ($1.31) EPS, FY2028 earnings at ($0.54) EPS and FY2029 earnings at $0.06 EPS.

Surf Air Mobility (NYSE:SRFM - Get Free Report) last announced its quarterly earnings data on Tuesday, August 12th. The company reported ($0.93) EPS for the quarter, topping analysts' consensus estimates of ($1.09) by $0.16. The business had revenue of $27.43 million during the quarter, compared to the consensus estimate of $25.90 million. Surf Air Mobility has set its Q3 2025 guidance at EPS.

A number of other analysts have also commented on SRFM. Canaccord Genuity Group boosted their price objective on shares of Surf Air Mobility from $3.00 to $3.75 and gave the stock a "hold" rating in a research report on Monday. Piper Sandler upped their price target on shares of Surf Air Mobility from $3.00 to $4.00 and gave the stock an "overweight" rating in a research report on Tuesday, June 10th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Surf Air Mobility has an average rating of "Moderate Buy" and an average target price of $6.58.

Surf Air Mobility Stock Down 2.0%

Shares of SRFM stock traded down $0.0850 during trading on Monday, reaching $4.1150. The company's stock had a trading volume of 2,943,103 shares, compared to its average volume of 3,575,077. The business has a fifty day moving average price of $4.29 and a 200-day moving average price of $3.52. The company has a market cap of $79.34 million, a price-to-earnings ratio of -1.48 and a beta of 2.92. Surf Air Mobility has a one year low of $0.90 and a one year high of $9.91.

Hedge Funds Weigh In On Surf Air Mobility

Several institutional investors and hedge funds have recently modified their holdings of SRFM. HRT Financial LP acquired a new position in shares of Surf Air Mobility in the second quarter valued at $2,212,000. DNB Asset Management AS acquired a new position in shares of Surf Air Mobility in the second quarter valued at $287,000. Marshall Wace LLP acquired a new position in shares of Surf Air Mobility in the fourth quarter valued at about $375,000. Jane Street Group LLC acquired a new position in shares of Surf Air Mobility in the fourth quarter valued at about $99,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of Surf Air Mobility by 1,235.8% in the second quarter. Tower Research Capital LLC TRC now owns 19,009 shares of the company's stock valued at $70,000 after acquiring an additional 17,586 shares in the last quarter. 17.68% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Surf Air Mobility

In other Surf Air Mobility news, Director Sudhin Shahani sold 75,840 shares of the company's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $2.43, for a total value of $184,291.20. Following the transaction, the director directly owned 549,578 shares in the company, valued at $1,335,474.54. The trade was a 12.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Tyler Painter sold 22,000 shares of the company's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $5.00, for a total transaction of $110,000.00. Following the completion of the transaction, the director owned 182 shares in the company, valued at approximately $910. This represents a 99.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 120,407 shares of company stock worth $378,424. Corporate insiders own 8.00% 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.