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Surf Air Mobility, Inc. (SRFM)
NYSE:SRFM
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SRFM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.90 - $17.50
Previous Close$1.35
Volume145.80K
Average Volume (3M)180.67K
Market Cap
$17.32M
Enterprise Value$48.67M
Total Cash (Recent Filing)$1.46M
Total Debt (Recent Filing)$32.82M
Price to Earnings (P/E)―
Beta3.68
Next Earnings
Nov 12, 2024EPS Estimate
-$1.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-22.96
Shares Outstanding12,826,529
10 Day Avg. Volume237,058
30 Day Avg. Volume180,669
Standard Deviation0.33
R-Squared0.03
Alpha-0.15
Financial Highlights & Ratios
Price to Book (P/B)-0.15
Price to Sales (P/S)0.29
Price to Cash Flow (P/CF)-0.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.53
Enterprise Value/Gross Profit0.80
Enterprise Value/Ebitda-2.40
Forecast
1Y Price Target
$14.00Price Target Upside1038.21% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Surf Air Mobility, Inc. News
PremiumCompany Announcements
Surf Air Mobility Granted Grace Period for NYSE Standards
PremiumCompany Announcements
Surf Air Mobility Announces Stock Consolidation and Board Reshuffle
PremiumCompany Announcements
Surf Air Mobility Announces Optimistic AI Joint Venture
Bulls Say, Bears Say
Bulls Say
New VentureThe company announced a new venture with Palantir called 'Surf Air Technologies' to develop, market, and sell AI-powered software tools for advanced air mobility.
Operational ImprovementRegional 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.
Revenue GrowthSurf’s top-line benefited from increased demand in both On-Demand services and Scheduled Services in Q2/24.
Bears Say
General And Administrative ExpensesA significant increase in general and administrative expenses by approximately 111% contributed to weaker financial performance.
R&D SpendingHigher R&D spending on software and electric powertrain technology increased significantly, impacting the bottom line.
Revenue GuidanceManagement issued revised guidance, lowering revenue expectations to $26.5 million.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 $17.50 in the past 12 months.
What is Surf Air Mobility, Inc.’s market cap?
Currently, no data Available
When is Surf Air Mobility, Inc.’s upcoming earnings report date?
Surf Air Mobility, Inc.’s upcoming earnings report date is Nov 12, 2024 which is in 53 days.
How were Surf Air Mobility, Inc.’s earnings last quarter?
Surf Air Mobility, Inc. released its earnings results on Aug 14, 2024. The company reported -$2.31 earnings per share for the quarter, missing the consensus estimate of -$2.24 by -$0.07.
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 -$1.05.
How many shares outstanding does Surf Air Mobility, Inc. have?
Surf Air Mobility, Inc. has 12,826,529 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 -$2.31 in its last earnings report, missing expectations of -$2.24. Following the earnings report the stock price went down -16.929%.
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 N/A.
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Surf Air Mobility, Inc. Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$14.00 (1038.21% Upside)
$14.00 (1038.21% 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
Sold Shares
Worth $29.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 4.5%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-91.68%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
614.07%
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
Q2 2024
0:00 / 0:00
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SRFM Stock 12 Month Forecast
Average Price Target
$14.00
▲(1038.21% Upside)
Technical Analysis
Best Analysts Covering SRFM
1 Year
1 Year Success Rate
0/2 ratings generated profit
1 Year Average Return
-63.45%
reiterated a buy rating last month
Copying Alexander Potter's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -63.45% per trade.
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