Market ExpansionTorch Wireless (Lifeline program) is scaling rapidly with 20,000 activations in June, 57,000 in July, expecting 80,000–90,000 monthly run rate by September.
Revenue GrowthSurgePays reaffirmed 2026 revenue guidance of $225M, which indicates significant growth potential.
ValuationThe stock is significantly undervalued especially when ACP returns are expected, and the valuation appropriately balances out the company's risks with high growth prospects and large upside opportunities.