Surf Air Mobility Inc. (NYSE:SRFM - Free Report) - Analysts at HC Wainwright boosted their FY2025 EPS estimates for shares of Surf Air Mobility in a research report issued on Thursday, November 13th. HC Wainwright analyst A. Dayal now expects that the company will post earnings of ($3.01) per share for the year, up from their prior forecast of ($3.23). HC Wainwright also issued estimates for Surf Air Mobility's Q4 2025 earnings at ($0.33) EPS, FY2026 earnings at ($1.07) EPS, FY2027 earnings at ($0.90) EPS, FY2028 earnings at ($0.39) EPS and FY2029 earnings at $0.07 EPS.
Surf Air Mobility (NYSE:SRFM - Get Free Report) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.64) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.61) by ($0.03). The business had revenue of $29.17 million for the quarter. Surf Air Mobility has set its Q4 2025 guidance at EPS.
SRFM has been the subject of several other reports. Canaccord Genuity Group reduced their price objective on Surf Air Mobility from $3.75 to $3.50 and set a "hold" rating for the company in a research note on Friday. Weiss Ratings reiterated a "sell (d-)" rating on shares of Surf Air Mobility in a research note on Wednesday, October 8th. Two 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. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $6.50.
Read Our Latest Stock Report on Surf Air Mobility
Surf Air Mobility Stock Performance
Shares of SRFM opened at $2.62 on Monday. Surf Air Mobility has a fifty-two week low of $1.50 and a fifty-two week high of $9.91. The company has a market capitalization of $163.67 million, a price-to-earnings ratio of -1.05 and a beta of 2.85. The firm has a 50-day simple moving average of $4.23 and a 200-day simple moving average of $3.91.
Institutional Investors Weigh In On Surf Air Mobility
A number of hedge funds and other institutional investors have recently modified their holdings of SRFM. JPMorgan Chase & Co. boosted its stake in shares of Surf Air Mobility by 18,757.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,600 shares of the company's stock worth $28,000 after acquiring an additional 6,565 shares in the last quarter. XTX Topco Ltd increased its stake in Surf Air Mobility by 44.6% in the 1st quarter. XTX Topco Ltd now owns 16,906 shares of the company's stock valued at $45,000 after purchasing an additional 5,214 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new position in Surf Air Mobility during the third quarter worth $47,000. Jefferies Financial Group Inc. purchased a new stake in Surf Air Mobility during the third quarter worth $47,000. Finally, Private Advisor Group LLC purchased a new stake in Surf Air Mobility during the third quarter worth $48,000. 17.68% of the stock is currently owned by institutional investors and hedge funds.
About Surf Air Mobility
(
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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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