Surf Air Mobility Inc. (SRFM)

NYSE: SRFM · Real-Time Price · USD
2.380
-0.180 (-7.03%)
At close: Apr 3, 2025, 4:00 PM
2.455
+0.075 (3.15%)
After-hours: Apr 3, 2025, 6:07 PM EDT
-7.03%
Market Cap 40.33M
Revenue (ttm) 119.43M
Net Income (ttm) -74.91M
Shares Out 16.95M
EPS (ttm) -5.80
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 278,970
Open 2.340
Previous Close 2.560
Day's Range 2.255 - 2.480
52-Week Range 0.900 - 6.720
Beta n/a
Analysts Strong Buy
Price Target 6.02 (+152.94%)
Earnings Date May 13, 2025

About SRFM

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. [Read more]

Industry Airlines
Sector Industrials
IPO Date Jul 27, 2023
Employees 703
Stock Exchange NYSE
Ticker Symbol SRFM
Full Company Profile

Financial Performance

In 2024, Surf Air Mobility's revenue was $119.43 million, an increase of 97.38% compared to the previous year's $60.51 million. Losses were -$74.91 million, -70.12% less than in 2023.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SRFM stock is "Strong Buy." The 12-month stock price forecast is $6.02, which is an increase of 152.94% from the latest price.

Price Target
$6.02
(152.94% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Surf Air Mobility Closes $5 Million Registered Direct Offering of Common Stock

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), a leading regional air mobility platform, closed on the previously announced purchase and sale of 2,000,000 shares of...

2 days ago - Business Wire

Surf Air Mobility Announces $5 Million Registered Direct Offering of Common Stock

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), a leading regional air mobility platform, announced today that it has entered into definitive agreements for the purc...

3 days ago - Business Wire

Stonegate Capital Partners Initiates Coverage on Surf Air Mobility Inc. (SRFM)

Dallas, Texas--(Newsfile Corp. - March 24, 2025) - Surf Air Mobility Inc. (NYSE: SRFM): Stonegate Capital Partners initiates their coverage on Surf Air Mobility Inc. (NYSE: SRFM). SRFM reported revenu...

10 days ago - Newsfile Corp

Surf Air Mobility Inc. (SRFM) Q4 2024 Earnings Call Transcript

Surf Air Mobility Inc. (NYSE:SRFM) Q4 2024 Earnings Conference Call March 18, 2025 5:00 PM ET Company Participants Sam Levenson - Deanna White - CEO and COO Oliver Reeves - CFO Sudhin Shahani - Co-Fo...

16 days ago - Seeking Alpha

Surf Air Mobility Reports Fourth Quarter and Full Year 2024 Financial Results

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), a leading regional air mobility platform, today reported financial results for the fourth quarter and full year ended...

16 days ago - Business Wire

Is Surf Air Mobility Flying Under The Investor Radar? Analyst Weighs In

H.C. Wainwright analyst Amit Dayal initiated coverage on Surf Air Mobility Inc. SRFM with a Buy rating and price forecast of $12.

27 days ago - Benzinga

Surf Air Mobility to Announce Fourth Quarter and Year End 2024 Financial Results on March 18, 2025

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”), a leading regional air mobility platform, today announced that it will release its fourth quarter and year end 2024 f...

4 weeks ago - Business Wire

Surf Air Mobility Announces Launch Customers for SurfOS™ Software

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company” or “Surf Air Mobility”), a leading regional air mobility platform, today announced it has entered into agreements with ...

4 weeks ago - Business Wire

Surf Air Mobility Strengthens Aviation Leadership Team with Key Executive Appointments

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) ("the Company" or "Surf Air Mobility"), a leading regional air mobility platform, today announced the appointment of two new key posit...

4 weeks ago - Business Wire

Surf Air Mobility Relocates Air Operations Center to Addison, TX

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company” or “Surf Air Mobility”), a leading regional air mobility platform, today announced the Company's relocation of its Air ...

5 weeks ago - Business Wire

Surf Air Mobility Publishes Video on Air Mobility Business

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company” or “Surf Air Mobility”), a leading regional air mobility platform, today published the second presentation in a new vid...

6 weeks ago - Business Wire

Surf Air Mobility Publishes Video on Company's Strategy, Transformation Plan and Growth Opportunities

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company” or “Surf Air Mobility”), a leading regional air mobility platform, today published the first presentation in a new vide...

2 months ago - Business Wire

Surf Air Mobility Announces Open Market Purchases of Company Stock by Board Members

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced that Chairman of the Board, Carl Albert, and Co-Founde...

3 months ago - Business Wire

Surf Air Mobility Appoints David Anderman to Board of Directors

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced the appointment of David Anderman to the Company's boa...

3 months ago - Business Wire

Surf Air Mobility Announces Approximately 90% Reduction to Contemplated Future Equity Dilution

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company” or “Surf Air”), a leading regional air mobility platform, announced today that it anticipates reducing potential future...

4 months ago - Business Wire

Deanna White Appointed as Surf Air Mobility's Chief Executive Officer

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”, “Surf Air”), a leading regional air mobility platform, announced today it has appointed Deanna White to the position o...

4 months ago - Business Wire

Surf Air Mobility Accepts Delivery of Initial Four Cessna Grand Caravan EX Aircraft in Fleet Order from Textron Aviation

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air”), a leading regional air mobility platform, announced today it has taken delivery of four Cessna Grand Caravan EX turbopro...

4 months ago - Business Wire

Surf Air Mobility Unveils Four-Phase Transformation Plan and Updated Investor Presentation

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced last week its four-phase Transformation Plan and a $50...

4 months ago - Business Wire

Surf Air Mobility Inc. (SRFM) Q3 2024 Earnings Conference Call Transcript

Surf Air Mobility Inc. (NYSE:SRFM) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants Deanna White - Chief Operating Officer and Interim Chief Executive Officer Oliver...

5 months ago - Seeking Alpha

Surf Air Mobility Reports Third Quarter Financial Results, Exceeding Revenue and Adjusted EBITDA Expectations

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), a leading regional air mobility platform, today reported financial results for the third quarter ended September 30, ...

5 months ago - Business Wire

Green Stock News for November 14th, 2024: $SRFM $EH $TLRY $ADSE

Welcome to the green stock news brief for Thursday, November 14th. Here are today's top headlines: Surf Air Mobility (NYSE: SRFM) has secured a new $50 million Senior Secured Term Loan from Comvest Pa...

Other symbols: TLRYADSEEH
5 months ago - Green Stock News

Surf Air Mobility Secures $50 Million Financing to Fund Transformation Plan and Path to Profitability

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”), a leading regional air mobility platform, today announced the closing and funding of its new Senior Secured Term Loan...

5 months ago - Business Wire

Surf Air Mobility to Announce Third Quarter 2024 Financial Results on November 14, 2024

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today announced that it will release its third quarter 2024 financial results after market ...

5 months ago - Business Wire

Palantir Technologies Inc. Expands Stake in Surf Air Mobility Inc.

On October 2, 2024, Palantir Technologies Inc. (Trades, Portfolio), a prominent data analytics firm, made a significant addition to its investment portfolio by acquiring 1,270,869 shares of Surf Air M...

Other symbols: PLTR
6 months ago - GuruFocus

Surf Air Mobility Announces NYSE Acceptance of Plan to Regain Listing Compliance

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today announced that it received an Acceptance Letter from the NYSE's Listings Operations C...

8 months ago - Business Wire