Surf Air Mobility Inc. (SRFM)
NYSE: SRFM · IEX Real-Time Price · USD
0.316
+0.019 (6.36%)
At close: Jul 19, 2024, 4:00 PM
0.331
+0.015 (4.78%)
Pre-market: Jul 22, 2024, 4:00 AM EDT
Surf Air Mobility Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Surf Air Mobility stock have an average target of 1.80, with a low estimate of 0.40 and a high estimate of 4.00. The average target predicts an increase of 469.62% from the current stock price of 0.32.
Analyst Consensus: Hold
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for SRFM stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bernstein | Bernstein | Buy → Hold Downgrades $3.62 → $0.4 | Buy → Hold | Downgrades | $3.62 → $0.4 | +26.58% | May 28, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy → Hold Downgrades $2.5 → $1 | Strong Buy → Hold | Downgrades | $2.5 → $1 | +216.46% | May 15, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $3 → $2.5 | Strong Buy | Maintains | $3 → $2.5 | +691.14% | Apr 1, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $4 | Buy | Initiates | $4 | +1,165.82% | Sep 8, 2023 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Initiates $3 | Strong Buy | Initiates | $3 | +849.37% | Aug 28, 2023 |
Financial Forecast
Revenue This Year
126.56M
from 60.51M
Increased by 109.17%
Revenue Next Year
194.63M
from 126.56M
Increased by 53.78%
EPS This Year
-1.01
from -6.35
EPS Next Year
-0.66
from -1.01
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 132.4M | 203.2M | 272.0M | 383.1M | 506.1M |
| Avg | 126.6M | 194.6M | 260.6M | 359.2M | 470.7M |
| Low | 120.2M | 185.2M | 244.0M | 332.8M | 432.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 118.8% | 60.5% | 39.7% | 47.0% | 40.9% |
| Avg | 109.2% | 53.8% | 33.9% | 37.9% | 31.0% |
| Low | 98.6% | 46.3% | 25.3% | 27.7% | 20.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.17 | -0.07 | -0.06 | -0.74 | 0.20 |
| Avg | -1.01 | -0.66 | -0.45 | -0.71 | 0.19 |
| Low | -1.80 | -1.25 | -0.86 | -0.69 | 0.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.