SurgePays, Inc. (SURG)
NASDAQ: SURG · IEX Real-Time Price · USD
3.730
-0.030 (-0.80%)
At close: Apr 18, 2024, 4:00 PM
3.660
-0.070 (-1.88%)
After-hours: Apr 18, 2024, 5:26 PM EDT

SurgePays Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for SurgePays stock has a target of 10, which predicts an increase of 168.10% from the current stock price of 3.73.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $10 $10 $10
Change +168.10% +168.10% +168.10% +168.10%

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 Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 22201
Buy 00000
Hold 00011
Sell 00000
Strong Sell 00000
Total 22212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Ascendiant Capital
Ascendiant Capital
Strong Buy
Maintains
$12$10
Strong Buy Maintains $12$10 +168.10% Apr 1, 2024
Maxim Group
Maxim Group
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Mar 13, 2024
Maxim Group
Maxim Group
Strong Buy
Initiates
$6
Strong Buy Initiates $6 +60.86% Feb 28, 2022
Ascendiant Capital
Ascendiant Capital
Strong Buy
Initiates
$7
Strong Buy Initiates $7 +87.67% Jan 24, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
114.38M
from 137.14M
Decreased by -16.60%
Revenue Next Year
132.60M
from 114.38M
Increased by 15.93%
EPS This Year
0.56
from 1.38
Decreased by -59.35%
EPS Next Year
0.82
from 0.56
Increased by 45.45%
Year 2019202020212022202320242025
Revenue
25.74M54.41M51.06M121.54M137.14M114.38M132.60M
Revenue Growth
68.87%111.35%-6.15%138.04%12.83%-16.60%15.93%
EPS
-4.50-5.02-3.09-0.051.380.560.82
EPS Growth
------59.35%45.45%
No. Analysts -----53
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 135.7M 136.5M
Avg 114.4M 132.6M
Low 93.1M 127.4M

Revenue Growth

Revenue Growth 20242025
High
-1.0%
19.3%
Avg
-16.6%
15.9%
Low
-32.1%
11.4%

EPS Forecast

EPS 20242025
High 1.05 0.84
Avg 0.56 0.82
Low 0.10 0.78

EPS Growth

EPS Growth 20242025
High
-23.9%
49.7%
Avg
-59.3%
45.5%
Low
-92.9%
39.8%
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.