Surf Air Mobility Inc. (SRFM)

NYSE: SRFM · Real-Time Price · USD
2.180
+0.240 (12.37%)
At close: Oct 7, 2024, 4:00 PM
2.250
+0.070 (3.21%)
After-hours: Oct 7, 2024, 7:32 PM EDT
12.37%
Market Cap 27.96M
Revenue (ttm) 111.79M
Net Income (ttm) -249.55M
Shares Out 12.83M
EPS (ttm) -24.20
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,444,395
Open 2.350
Previous Close 1.940
Day's Range 2.150 - 2.768
52-Week Range 0.900 - 11.830
Beta n/a
Analysts Hold
Price Target 2.50 (+14.68%)
Earnings Date Nov 12, 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, Surf Air Mobility'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 2 analysts, the average rating for SRFM stock is "Hold." The 12-month stock price forecast is $2.5, which is an increase of 14.68% from the latest price.

Price Target
$2.5
(14.68% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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
3 days 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...

6 weeks ago - Business Wire

Surf Air Mobility Inc. (SRFM) Q2 2024 Earnings Call Transcript

Surf Air Mobility Inc. (NYSE:SRFM) Q2 2024 Earnings Conference Call August 14, 2024 5:00 PM ET Company Participants Deanna White – Chief Operating Officer and Interim Chief Executive Officer Oliver R...

7 weeks ago - Seeking Alpha

Surf Air Mobility Reports Second Quarter Financial Results, Exceeding Expectations

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today reported financial results for the second quarter ended June 30, 2024. “Our financial...

7 weeks ago - Business Wire

Surf Air Mobility Announces Plan to Form New Venture, Surf Air Technologies LLC, and Enters Agreement with Palantir Technologies Inc. to Power Operating System for the Advanced Air Mobility Industry

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”), a leading regional air mobility platform, has announced that it intends to form Surf Air Technologies LL...

Other symbols: PLTR
7 weeks ago - Business Wire

Surf Air Mobility Announces Terms of Reverse Stock Split

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility,” “we,” or “the Company”) announced today the terms of the Company's previously disclosed reverse stock split (the...

2 months ago - Business Wire

Surf Air Mobility Announces Closing of $35.2 Million Mandatory Convertible Security with GEM Global Yield LLC

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), a leading regional air mobility platform, today announced that it closed the previously announced issuance and sale t...

2 months ago - Business Wire

Surf Air Mobility to Provide Second Quarter 2024 Financial Results on August 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 second quarter 2024 financial results after market...

2 months ago - Business Wire

Louis Saint-Cyr to Become President of Hawai'i Operations for Surf Air Mobility

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”,“Surf Air”,“the company”), a leading regional air mobility platform, announced today the appointment of Louis Sai...

3 months ago - Business Wire

Jim Sullivan, Airline Executive, to Become President of Air Mobility for Surf Air Mobility

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”, “the company”), a leading regional air mobility platform, announced today that Jim Sullivan, an expe...

4 months ago - Business Wire

Surf Air Mobility Enters Agreement to Supply Electric Powertrains to Asta, a Brazilian Cessna Caravan Operator

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 Asta ...

4 months ago - Business Wire

Surf Air Mobility Presents at Palantir Technologies AIPCon June 2024

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”,“Surf Air”), a leading regional air mobility platform, announced today its participation at Palantir Technologies...

4 months ago - Business Wire

Surf Air Mobility and Williamsport, Pennsylvania, Officially Begin 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”), a leading regional air mobility platform, through its subsidiary airline, Southern Airways (“Southern”), officially bega...

4 months 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”), a leading regional air mobility platform, today announced that on May 20, 2024 it received notice from the New ...

4 months ago - Business Wire

Surf Air Mobility, Inc. (SRFM) Q1 2024 Earnings Call Transcript

Surf Air Mobility, Inc. (NYSE:SRFM) Q1 2024 Earnings Conference Call May 18, 2024 5:00 PM ET Company Participants Taylor Giles - Investor Relations Stan Little - Chief Executive Officer Oliver Reeves...

5 months ago - Seeking Alpha

Surf Air Mobility and Purdue University Officially Begin Privately-Backed Commuter Air Service from West Lafayette / Purdue University Airport (LAF)

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air”), a leading regional air mobility platform, officially began scheduled commuter service on Wednesday, May 15, 2024 with a ...

5 months ago - Business Wire

Surf Air Mobility Reports First Quarter Revenue Growth Above Guidance and Announces CEO Transition

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today reported its first quarter 2024 results. Please visit the Surf Air Mobility investor ...

5 months ago - Business Wire

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...

5 months 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...

5 months ago - Business Wire

Surf Air Mobility, Inc. (SRFM) Q4 2023 Earnings Call Transcript

Surf Air Mobility, Inc. (SRFM) Q4 2023 Earnings Call Transcript

6 months ago - Seeking Alpha

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...

6 months 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...

7 months 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...

7 months 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 months 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...

8 months ago - Green Stock News