Surf Air Mobility Inc. (SRFM)

NYSE: SRFM · IEX Real-Time Price · USD
0.419
-0.013 (-2.90%)
At close: May 2, 2024, 4:00 PM
0.426
+0.008 (1.82%)
After-hours: May 2, 2024, 7:55 PM EDT
-2.90%
Market Cap 33.80M
Revenue (ttm) 60.51M
Net Income (ttm) -250.70M
Shares Out 80.77M
EPS (ttm) -6.35
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 259,042
Open 0.453
Previous Close 0.431
Day's Range 0.410 - 0.453
52-Week Range 0.380 - 3.430
Beta n/a
Analysts Strong Buy
Price Target 3.37 (+705.26%)
Earnings Date May 14, 2024

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 833
Stock Exchange NYSE
Ticker Symbol SRFM
Full Company Profile

Financial Performance

In 2023, SRFM's revenue was $60.51 million, an increase of 198.44% compared to the previous year's $20.27 million. Losses were -$250.70 million, 237.1% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SRFM stock is "Strong Buy." The 12-month stock price forecast is $3.37, which is an increase of 705.26% from the latest price.

Price Target
$3.37
(705.26% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Surf Air Mobility Participates in Chardan's Virtual Transport Platform Tech Series

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”) Co-founder Sudhin Shahani and CFO Oliver Reeves participated in Chardan's Transport Platform Tech Series virtual...

1 day ago - Business Wire

Surf Air Mobility to Provide First Quarter 2024 Financial Results on May 14, 2024

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

2 days ago - Business Wire

Surf Air Mobility Receives Continued Listing Standard Notice from NYSE

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”,“Surf Air”), a leading regional air mobility platform, today announced that on April 2, 2024 it received notice f...

27 days ago - Business Wire

Surf Air Mobility Reports Financial Results for Fourth Quarter and Full Year Ended December 31, 2023

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today reported its fourth quarter and full year results. Please visit the Surf Air Mobility...

5 weeks ago - Business Wire

Surf Air Mobility ($SRFM) Continues to Expand Electrification Agreements with Regional Carriers

Surf Air Mobility (NYSE: SRFM), a leading regional air mobility platform, has entered into an agreement with Auric Air Services, a Tanzania-based regional air operator across East Africa, to upgrade i...

5 weeks ago - Green Stock News

Surf Air Mobility Enters Agreement to Supply Electric Powertrains to Tanzanian Cessna Caravan Operator Auric Air

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”), a leading regional air mobility platform, has entered into a memorandum of understanding with Auric...

5 weeks ago - Business Wire

Surf Air Mobility to Provide Fourth Quarter and Full Year 2023 Financial Results on March 28, 2024

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today announced that it will release their fourth quarter 2023 and full year 2023 financial...

7 weeks ago - Business Wire

Surf Air Mobility ($SRFM) and Electra aero Join Forces to Bring Sustainable eSTOL Aircraft to Market

Surf Air Mobility (NYSE: SRFM), a leading developer of sustainable aviation solutions, and Electra.aero have partnered to introduce affordable, sustainable regional air travel. The companies will leve...

2 months ago - Green Stock News

Surf Air Mobility and Electra Enter Bilateral Agreement to Bring eSTOL Aircraft to Market, Incorporate Surf Air Technology into Joint Systems, and Create Leasing Partnership

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”), a leading green regional air mobility platform, and Electra.aero Inc. (“Electra”), a next-gen aeros...

2 months ago - Business Wire

Surf Air Mobility ($SRFM) to Electrify Kenya's Largest Airline Charter with Hybrid Powertrains

Surf Air Mobility (NYSE: SRFM), the air mobility platform transforming regional flying through electrification, and Z.Boskovic Air Charters, the largest airline charter in Kenya, have teamed up to ele...

3 months ago - Green Stock News

Surf Air Mobility Enters Agreement to Supply Electric Powertrains to Kenya's Largest Cessna Caravan Charter Operator Z.Boskovic Air Charters

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”, “the Company”), a company that aims to transform regional flying through electrification, and Z.Bosk...

3 months ago - Business Wire

Surf Air Mobility and Williamsport, Pennsylvania Enter Agreement for Subsidized Commuter Air Service Between Williamsport Regional Airport (IPT) and Washington Dulles International Airport (IAD)

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”), a company that aims to transform regional flying through electrification, and the Williamsport Muni...

4 months ago - Business Wire

Surf Air Mobility Enters Agreements to Supply Electric Powertrains to Major Kenyan Cessna Caravan Operators Safarilink and Yellow Wings

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), the air mobility platform transforming regional flying through electrification, has entered into agreements with Safarilink, an airli...

4 months ago - Business Wire

Surf Air Mobility Enters into Binding Terms for a $35.2 Million Mandatory Convertible Debenture with GEM Global Yield LLC

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), the air mobility platform transforming regional flying through electrification, today announced that it entered into ...

4 months ago - Business Wire

Surf Air Mobility Announces Oliver Reeves as Chief Financial Officer

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), the air mobility platform transforming regional flying through electrification, today announced that Oliver Reeves will join the Comp...

4 months ago - Business Wire

Surf Air Mobility and Purdue University Enter Agreement for Privately Subsidized Commuter Air Service Between West Lafayette / Purdue University Airport (LAF) and Chicago O'Hare Airport (ORD)

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”), an air mobility platform transforming regional flying through electrification, and Purdue University (“Purdue”)...

5 months ago - Business Wire

Surf Air Mobility ($SRFM) to Electrify Azul Conecta's Cessna Caravan Fleet

Surf Air Mobility (NYSE: SRFM), the air mobility platform transforming regional flying through electrification, and Azul Conecta, Brazil's largest airline, are teaming up to introduce electric Cessna ...

Other symbols: AZUL
5 months ago - Green Stock News

Surf Air Mobility and Azul Conecta Enter Agreement to Incorporate Electric Powertrains into Azul's Cessna Caravan Fleet

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”), the air mobility platform transforming regional flying through electrification, and Azul S.A. (B3: AZUL4, NYSE:...

Other symbols: AZUL
5 months ago - Business Wire

Surf Air Mobility ($SRFM) Grows Regional Air Service & Advances Electrification Business in Q3 2023

Surf Air Mobility (NYSE: SRFM), the air mobility platform transforming regional flying through electrification, has reported third quarter results in which it grew revenues from its regional air trave...

6 months ago - Green Stock News

Surf Air Mobility Reports Revenue Growth In Third Quarter 2023 and Maintains Full Year Guidance

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air”), the air mobility platform transforming regional flying through electrification, today reported its third quarter results...

6 months ago - Business Wire

Surf Air Mobility Files Form S-1 registration statement with the SEC registering up to 300 million shares of Common Stock

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or “Surf Air”), a company that aims to transform regional flying through electrification technology, today public...

6 months ago - Business Wire

Surf Air Mobility to Provide Third Quarter 2023 Financial Results on November 14, 2023

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a regional air mobility platform aiming to sustainably connect the world's communities, today announced that it will release their th...

6 months ago - Business Wire

Top 5 eVTOL stocks for 2024; Surf Air Mobility, Joby Aviation and 3 more

The electric vertical take-off and landing (eVTOL) market is undergoing a transformative development surge, positioning itself for the next generation of modern aviation. eVTOL aircrafts combine the v...

Other symbols: JOBYACHREHLILM
6 months ago - Green Stock News

Surf Air Mobility (NYSE: SRFM) Inks Deal to Establish All-Electric Seaglider Hub in South Florida

Surf Air Mobility (NYSE: SRFM), the largest commuter airline in the U.S., has announced a partnership with REGENT to establish a seaglider operations base in Miami. With plans to be operational as ear...

7 months ago - Green Stock News

Surf Air Mobility Confirms Order for 100 Aircraft and Exclusive Relationship with Textron Aviation to Support Surf Air Mobility's Development of an Electrified Cessna Grand Caravan EX

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or “SAM”), a regional air mobility platform aiming to sustainably connect the world's communities, confirmed its ...

Other symbols: TXT
7 months ago - Business Wire