SurgePays, Inc. (SURG)
NASDAQ: SURG · IEX Real-Time Price · USD
3.070
+0.050 (1.66%)
Jul 19, 2024, 4:00 PM EDT - Market closed
SurgePays Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for SurgePays stock has a target of 9.50, which predicts an increase of 209.45% from the current stock price of 3.07.
Analyst Consensus: Buy
* Price targets were last updated on Jun 6, 2024.
Analyst Ratings
The average analyst rating for SurgePays stock from 2 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 0 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 1 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $10 → $9.5 | Strong Buy | Maintains | $10 → $9.5 | +209.45% | Jun 6, 2024 |
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $12 → $10 | Strong Buy | Maintains | $12 → $10 | +225.73% | Apr 1, 2024 |
| Maxim Group | Maxim Group | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 13, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +95.44% | Feb 28, 2022 |
| Ascendiant Capital | Ascendiant Capital | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | +128.01% | Jan 24, 2022 |
Financial Forecast
Revenue This Year
83.27M
from 137.14M
Decreased by -39.28%
Revenue Next Year
91.84M
from 83.27M
Increased by 10.29%
EPS This Year
-0.04
from 1.38
EPS Next Year
0.35
from -0.04
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 109.0M | 136.5M |
| Avg | 83.3M | 91.8M |
| Low | 45.2M | 29.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -20.5% | 63.9% |
| Avg | -39.3% | 10.3% |
| Low | -67.0% | -64.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.11 | 0.84 |
| Avg | -0.04 | 0.35 |
| Low | -0.25 | -0.38 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -92.4% | - |
| 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.