SurgePays, Inc. (SURG)

NASDAQ: SURG · IEX Real-Time Price · USD
6.94
-0.11 (-1.56%)
At close: Dec 7, 2022 4:00 PM
6.99
+0.05 (0.72%)
After-hours: Dec 7, 2022 6:59 PM EST
-1.56%
Market Cap 86.96M
Revenue (ttm) 99.47M
Net Income (ttm) -10.57M
Shares Out 12.44M
EPS (ttm) -1.47
PE Ratio n/a
Forward PE 62.50
Dividend n/a
Ex-Dividend Date n/a
Volume 151,399
Open 7.27
Previous Close 7.05
Day's Range 6.84 - 7.43
52-Week Range 1.76 - 7.61
Beta 1.63
Analysts Buy
Price Target 12.24 (+76.4%)
Earnings Date Nov 14, 2022

About SURG

SurgePays, Inc., a financial technology and telecommunications company, provides services to the underbanked community in the United States. Its blockchain platform utilizes a suite of financial and prepaid products to convert corner stores and bodegas into tech-hubs for underbanked neighborhoods. The company offers voice and SMS text messaging services to subsidized and direct retail prepaid customers, as well as to low-income consumers. It also offers subsidized mobile broadband services to consumers in California, Colorado, Florida, Illinois... [Read more]

Industry Wireless Telecommunication Services
Founded 2006
CEO Kevin Cox
Employees 32
Stock Exchange NASDAQ
Ticker Symbol SURG
Full Company Profile

Financial Performance

In 2021, SurgePays's revenue was $51.06 million, a decrease of -6.15% compared to the previous year's $54.41 million. Losses were -$13.53 million, 26.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SURG stock is "Buy." The 12-month stock price forecast is 12.24, which is an increase of 76.37% from the latest price.

Price Target
$12.24
(76.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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2 weeks ago - InvestorPlace

SurgePays Announces Closing on $25 Million Senior Credit Facility

Non-dilutive Installment Sale Agreement for Cash Flow Positive Growth Non-dilutive Installment Sale Agreement for Cash Flow Positive Growth

2 weeks ago - GlobeNewsWire

SurgePays Announces Third Quarter 2022 Financial Results

Company to host conference call to discuss results and provide business outlook at 5:00 p.m. ET / 2:00 p.m. PT Company to host conference call to discuss results and provide business outlook at 5:00 p.m...

3 weeks ago - GlobeNewsWire

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1 month ago - InvestorPlace

SurgePays Announces Third Quarter 2022 Earnings Release and Conference Call

BARTLETT, Tenn., Nov. 03, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved, ...

1 month ago - GlobeNewsWire

Jeremy Gies Appointed President of SurgePays Fintech

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1 month ago - GlobeNewsWire

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TOPS, SURG: The Top 5 Short Squeeze Stocks This Week

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2 months ago - InvestorPlace

SurgePays Announces Upcoming Investor Conference Participation

BARTLETT, Tenn., Oct. 03, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved, ...

2 months ago - GlobeNewsWire

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2 months ago - InvestorPlace

SurgePays to Present at the H.C. Wainwright Annual Global Investment Conference

BARTLETT, Tenn., Sept. 06, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved,...

3 months ago - GlobeNewsWire

SurgePays Announces Second Quarter 2022 Financial Results

BARTLETT, Tenn., Aug. 11, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved, ...

3 months ago - GlobeNewsWire

SurgePays Announces Second Quarter 2022 Earnings Release and Conference Call

BARTLETT, Tenn., Aug. 09, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved, ...

3 months ago - GlobeNewsWire

JTC Team to Host Virtual Investor Spotlight Event Featuring SurgePays, Inc.

- Live moderated video webcast with Brian Cox, President and CEO of SurgePays on Wednesday, July 27th at 11:00 AM ET - FRENCHTOWN, NJ / ACCESSWIRE / July 22, 2022 / JTC Team ("JTC"), a fully integrated ...

4 months ago - Accesswire

SurgePays to Participate in the Virtual Investor Spotlight Series

Live moderated video webcast with Chairman and CEO Brian Cox on Wednesday, July 27th at 11:00 AM ET Live moderated video webcast with Chairman and CEO Brian Cox on Wednesday, July 27th at 11:00 AM ET

4 months ago - GlobeNewsWire

SurgePays Passes 150,000 Mobile Broadband Subscribers

Online Sales Spur Future Growth Acceleration in All 50 States Online Sales Spur Future Growth Acceleration in All 50 States

4 months ago - GlobeNewsWire

SurgePays to Ring Nasdaq Opening Bell

BARTLETT, Tenn., July 13, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved, ...

4 months ago - GlobeNewsWire

SurgePays Selected to Join Russell Microcap Index

BARTLETT, Tenn., June 15, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved, ...

5 months ago - GlobeNewsWire

SurgePays Announces First Quarter 2022 Financial Results

BARTLETT, Tenn., May 16, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved, t...

6 months ago - GlobeNewsWire

SurgePays Announces First Quarter 2022 Earnings Release and Conference Call

BARTLETT, Tenn., May 11, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved, a...

6 months ago - GlobeNewsWire

SurgePays Passes 100,000 Mobile Broadband Subscribers

Acquisition of Torch Wireless Expands Growth Potential Acquisition of Torch Wireless Expands Growth Potential

7 months ago - GlobeNewsWire