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Surf Air Mobility, Inc. (SRFM)
:SRFM
SRFM Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.90 - $9.38
Previous CloseN/A
Volume229.93K
Average Volume (3M)335.15K
Market Cap
$71.98M
Enterprise Value$120.42M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta4.43
Next Earnings
Mar 27, 2025EPS Estimate
-1.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-16.80
Shares Outstanding16,936,796
10 Day Avg. Volume383,282
30 Day Avg. Volume335,154
Standard Deviation0.45
R-Squared0.04
Alpha-0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.80
Price to Cash Flow (P/CF)-1.50
P/FCF Ratio0.00
Enterprise Value/Market Cap1.67
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-23.27
Enterprise Value/Ebitda-0.70
Forecast
1Y Price Target
$4.00Price Target Upside-5.88% Downside
Rating ConsensusHold
Number of Analyst Covering1
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Surf Air Mobility, Inc. News
PremiumCompany Announcements
Surf Air Mobility Unveils New Profitability Strategy
PremiumCompany Announcements
Surf Air Mobility Unveils New Video Series
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Bulls Say, Bears Say
Bulls Say
Equity DilutionSurf Air Mobility anticipates a reduction in future equity dilution by approximately 90%, which is viewed positively by investors.
Operational EfficiencyRegional air operations proved to be a Q2 highlight, with the segment realizing Q2/24 positive adjusted EBITDA due to stringent expense management driving rapid operational improvements.
Partnership And TechnologyPalantir's acquisition of additional shares reflects a vote of confidence in Surf Air Mobility’s commercial potential for Palantir’s technology stack.
Bears Say
On-Demand RevenueOn Demand service revenue was down 13% y/y, reflecting management’s focus on existing route profitability as opposed to near-term market penetration.
R&D ExpensesThe overall weaker bottom-line performance was attributed to higher R&D spending on software and electric powertrain technology, which was up 593% y/y to ~$5.7M.
Revenue GuidanceManagement issued revised guidance for the third quarter, lowering revenue guide to $26.5M and Adj. EBITDA to $(11.5M) at the midpoint.
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Ownership Overview
35.80% Insiders
3.67% Mutual Funds
1.20% Other Institutional Investors
56.41% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
SRFM FAQ
What was Surf Air Mobility, Inc.’s price range in the past 12 months?
Surf Air Mobility, Inc. lowest stock price was $0.90 and its highest was $9.38 in the past 12 months.
What is Surf Air Mobility, Inc.’s market cap?
Surf Air Mobility, Inc.’s market cap is $71.98M.
When is Surf Air Mobility, Inc.’s upcoming earnings report date?
Surf Air Mobility, Inc.’s upcoming earnings report date is Mar 27, 2025 which is in 33 days.
How were Surf Air Mobility, Inc.’s earnings last quarter?
Surf Air Mobility, Inc. released its earnings results on Nov 14, 2024. The company reported -$0.94 earnings per share for the quarter, beating the consensus estimate of -$1.05 by $0.11.
Is Surf Air Mobility, Inc. overvalued?
According to Wall Street analysts Surf Air Mobility, Inc.’s price is currently Overvalued.
Does Surf Air Mobility, Inc. pay dividends?
Surf Air Mobility, Inc. does not currently pay dividends.
What is Surf Air Mobility, Inc.’s EPS estimate?
Surf Air Mobility, Inc.’s EPS estimate is -1.19.
How many shares outstanding does Surf Air Mobility, Inc. have?
Surf Air Mobility, Inc. has 16,936,796 shares outstanding.
What happened to Surf Air Mobility, Inc.’s price movement after its last earnings report?
Surf Air Mobility, Inc. reported an EPS of -$0.94 in its last earnings report, beating expectations of -$1.05. Following the earnings report the stock price went down -4.651%.
Which hedge fund is a major shareholder of Surf Air Mobility, Inc.?
Among the largest hedge funds holding Surf Air Mobility, Inc.’s share is Covalent Partners Llc. It holds Surf Air Mobility, Inc.’s shares valued at 0.
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Surf Air Mobility, Inc. Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$4.00 (-5.88% Downside)
$4.00 (-5.88% Downside)
Blogger Sentiment
Bullish
SRFM Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 35.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 4.0%
Last 30 Days ▲ 4.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-44.29%
12-Months-Change
Fundamentals
Return on Equity
138.02%
Trailing 12-Months
Asset Growth
-47.23%
Trailing 12-Months
Company Description
Surf Air Mobility, Inc.
Surf Air Mobility Inc. operates as an electric aviation and air travel company in the United States. It offers an air mobility platform with scheduled routes and on demand charter flights operated by third parties; and air cargo services. The company is headquartered in Hawthorne, California.
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SRFM Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with significant achievements in terms of revenue and strategic initiatives like the SurfOS platform and a new financing agreement. However, challenges such as unplanned maintenance and a decline in on-demand service revenue were noted. The company's transformation plan shows potential for future profitability, but current operations have not reached expected profitability goals.Read More>---
SRFM Stock 12 Month Forecast
Average Price Target
$4.00
▼(-5.88% Downside)
Technical Analysis
Blade Air Mobility
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Joby Aviation
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Eve Holding
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Wheels Up Experience
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Archer Aviation
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Best Analysts Covering SRFM
1 Year
1 Year Success Rate
1/2 ratings generated profit
1 Year Average Return
+10.40%
reiterated a buy rating 6 months ago
Copying Alexander Potter's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +10.40% per trade.
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