Surf Air Mobility Inc. (SRFM)
NYSE: SRFM · IEX Real-Time Price · USD
0.391
0.00 (0.08%)
At close: May 20, 2024, 4:00 PM
0.410
+0.019 (4.99%)
After-hours: May 20, 2024, 7:35 PM 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 2.87, with a low estimate of 1.00 and a high estimate of 4.00. The average target predicts an increase of 634.96% from the current stock price of 0.39.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SRFM stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| 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 |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy → Hold Downgrades $2.5 → $1 | Strong Buy → Hold | Downgrades | $2.5 → $1 | +156.08% | May 15, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $3 → $2.5 | Strong Buy | Maintains | $3 → $2.5 | +540.20% | Apr 1, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $4 | Buy | Initiates | $4 | +924.33% | Sep 8, 2023 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Initiates $3 | Strong Buy | Initiates | $3 | +668.25% | Aug 28, 2023 |
| Bernstein | Bernstein | Buy Initiates $3.62 | Buy | Initiates | $3.62 | +827.02% | Aug 22, 2023 |
Financial Forecast
Revenue This Year
144.19M
from 60.51M
Increased by 138.31%
Revenue Next Year
210.59M
from 144.19M
Increased by 46.05%
EPS This Year
-0.65
from -6.35
EPS Next Year
-0.47
from -0.65
Revenue Forecast
| Revenue | 2024 | 2025 | 2027 | 2028 |
|---|---|---|---|---|
| High | 150.1M | 219.8M | 429.5M | 525.9M |
| Avg | 144.2M | 210.6M | 417.2M | 510.9M |
| Low | 136.7M | 200.6M | 400.9M | 490.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2027 | 2028 |
|---|---|---|---|---|
| High | 148.0% | 52.4% | 103.9% | 26.0% |
| Avg | 138.3% | 46.1% | 98.1% | 22.4% |
| Low | 125.9% | 39.1% | 90.3% | 17.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2027 | 2028 |
|---|---|---|---|---|
| High | -0.57 | -0.35 | 0.02 | 0.29 |
| Avg | -0.65 | -0.47 | 0.02 | 0.29 |
| Low | -0.72 | -0.59 | 0.02 | 0.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2027 | 2028 |
|---|---|---|---|---|
| High | - | - | - | 1,341.2% |
| Avg | - | - | - | 1,300.0% |
| Low | - | - | - | 1,245.1% |
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.