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Surf Air Mobility, Inc. (SRFM)
NYSE:SRFM
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SRFM Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.90 - $9.66
Previous CloseN/A
Volume229.93K
Average Volume (3M)683.24K
Market Cap
$63.34M
Enterprise Value$120.42M
Total Cash (Recent Filing)$1.72M
Total Debt (Recent Filing)$27.26M
Price to Earnings (P/E)―
Beta4.37
Next Earnings
Mar 27, 2025EPS Estimate
-1.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-16.80
Shares Outstanding15,955,221
10 Day Avg. Volume359,683
30 Day Avg. Volume683,242
Standard Deviation0.46
R-Squared0.04
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.67
Price to Cash Flow (P/CF)-1.30
P/FCF Ratio0.00
Enterprise Value/Market Cap1.90
Enterprise Value/Revenue1.06
Enterprise Value/Gross Profit1.99
Enterprise Value/Ebitda-41.83
Forecast
1Y Price Target
$4.00Price Target Upside4.71% Upside
Rating ConsensusHold
Number of Analyst Covering1
Surf Air Mobility, Inc. News
Bulls Say, Bears Say
Bulls Say
Capital Structure ImprovementThe company plans to amend the registration statement of the GEM facility to reflect an improved capital structure, reducing reliance on equity-backed funding.
Equity Dilution ReductionSurf Air Mobility anticipates a reduction in future equity dilution by approximately 90%, which is viewed positively by investors.
Operational EfficiencyManagement continues to focus on enhancing operational efficiency and reducing costs within its scheduled and on-demand flights.
Bears Say
Financial PerformanceSurf Air Mobility (SRFM) announced Q3/24 revenues of $28.4M, down 2% year-over-year.
Revenue DeclineSurf Air Mobility (SRFM) reported On Demand service revenue was down 13% year-over-year, reflecting management’s focus on existing route profitability as opposed to near-term market penetration.
Share DilutionThe dilution impact from the GEM facility due to advance draws to fund operations has remained a consistent overhang on SRFM shares with investors.
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Ownership Overview
37.54% Insiders
3.91% Mutual Funds
0.10% Other Institutional Investors
55.36% 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 $9.66 in the past 12 months.
What is Surf Air Mobility, Inc.’s market cap?
Surf Air Mobility, Inc.’s market cap is $63.34M.
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 67 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 Undervalued.
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 15,955,221 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
Unlock Smart Score
1
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5
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$4.00 (4.71% Upside)
$4.00 (4.71% Upside)
Blogger Sentiment
Bullish
SRFM Sentiment 100%
Sector Average 67%
Sector Average 67%
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
Very Positive
Last 7 Days ▼ 2.9%
Last 30 Days ▲ 7.1%
Last 30 Days ▲ 7.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-58.01%
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
▲(4.71% Upside)
Technical Analysis
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Best Analysts Covering SRFM
1 Year
1 Year Success Rate
1/2 ratings generated profit
1 Year Average Return
+0.20%
reiterated a buy rating 5 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 +0.20% per trade.
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