Surf Air Mobility (SRFM) Stock Forecast, Price Target & Predictions
SRFM Stock Forecast
Surf Air Mobility stock forecast is as follows: an average price target of $2.20 (represents a -60.78% downside from SRFM’s last price of $5.61) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
SRFM Price Target
The average price target for Surf Air Mobility (SRFM) is $2.20 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $2.20 to $2.20. This represents a potential -60.78% downside from SRFM's last price of $5.61.
SRFM Analyst Ratings
According to 3 Wall Street analysts, Surf Air Mobility's rating consensus is 'Hold'. The analyst rating breakdown for SRFM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Surf Air Mobility Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 26, 2024 | George Gianarikas | Canaccord Genuity | $2.20 | $1.43 | 53.85% | -60.78% |
| May 28, 2024 | David Vernon | Bernstein | $0.40 | $0.34 | 19.15% | -92.87% |
| May 15, 2024 | George Gianarikas | Canaccord Genuity | $1.00 | $0.48 | 109.29% | -82.17% |
| Apr 01, 2024 | George Gianarikas | Canaccord Genuity | $2.50 | $0.80 | 212.50% | -55.44% |
The latest Surf Air Mobility stock forecast, released on Aug 26, 2024 by George Gianarikas from Canaccord Genuity, set a price target of $2.20, which represents a 53.85% increase from the stock price at the time of the forecast ($1.43), and a -60.78% decrease from SRFM last price ($5.61).
Surf Air Mobility Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 4 |
| Avg Price Target | - | - | $1.53 |
| Last Closing Price | $5.61 | $5.61 | $5.61 |
| Upside/Downside | -100.00% | -100.00% | -72.73% |
In the current month, the average price target of Surf Air Mobility stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Surf Air Mobility's last price of $5.61. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 26, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Aug 15, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 28, 2024 | Bernstein | Market Perform | Downgrade | |
| May 15, 2024 | Canaccord Genuity | Buy | Hold | Downgrade |
| Apr 01, 2024 | Canaccord Genuity | Buy | Buy | Hold |
Surf Air Mobility's last stock rating was published by Canaccord Genuity on Aug 26, 2024. The company gave SRFM a "Hold" rating, the same as its previous rate.
Surf Air Mobility Financial Forecast
Surf Air Mobility Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $21.97M | $6.20M |
| Avg Forecast | $48.00M | $42.90M | $39.10M | $36.40M | $26.90M | $26.32M | $29.41M | $29.14M | $25.68M | $29.03M | $28.60M |
| High Forecast | $49.73M | $44.45M | $40.51M | $37.72M | $27.87M | $27.27M | $29.41M | $30.19M | $26.61M | $30.08M | $29.63M |
| Low Forecast | $46.27M | $41.35M | $37.69M | $35.08M | $25.93M | $25.37M | $29.41M | $28.09M | $24.76M | $27.98M | $27.57M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.76% | 0.22% |
Surf Air Mobility's average Quarter revenue forecast for Dec 23 based on 1 analysts is $25.68M, with a low forecast of $24.76M, and a high forecast of $26.61M. SRFM's average Quarter revenue forecast represents a 16.92% increase compared to the company's last Quarter revenue of $21.97M (Sep 23).
Surf Air Mobility EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | $-65.03M | $-12.94M |
| Avg Forecast | $-44.68M | $-39.93M | $-36.39M | $-33.88M | $-25.04M | $-24.50M | $-27.38M | $-27.12M | $-23.91M | $-27.02M | $-26.62M |
| High Forecast | $-43.06M | $-38.49M | $-35.08M | $-32.65M | $-24.13M | $-23.61M | $-27.38M | $-26.14M | $-23.04M | $-26.04M | $-25.66M |
| Low Forecast | $-46.29M | $-41.37M | $-37.71M | $-35.10M | $-25.94M | $-25.38M | $-27.38M | $-28.10M | $-24.77M | $-27.99M | $-27.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.41% | 0.49% |
undefined analysts predict SRFM's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Surf Air Mobility's previous annual EBITDA (undefined) of $NaN.
Surf Air Mobility Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | $-74.61M | $-44.52M |
| Avg Forecast | $-11.46M | $-11.46M | $-11.46M | $-11.46M | $-13.92M | $-12.28M | $-26.21M | $-15.56M | $-23.34M | $-14.74M | $-54.05M |
| High Forecast | $-10.93M | $-10.93M | $-10.93M | $-10.93M | $-13.27M | $-11.71M | $-24.97M | $-14.83M | $-22.24M | $-14.05M | $-51.51M |
| Low Forecast | $-12.00M | $-12.00M | $-12.00M | $-12.00M | $-14.58M | $-12.86M | $-27.44M | $-16.29M | $-24.44M | $-15.43M | $-56.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | 5.06% | 0.82% |
Surf Air Mobility's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. SRFM's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Surf Air Mobility SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | $60.15M | $11.22M |
| Avg Forecast | $84.51M | $75.53M | $68.84M | $64.09M | $47.36M | $46.34M | $51.79M | $51.31M | $45.22M | $51.11M | $50.36M |
| High Forecast | $87.57M | $78.26M | $71.33M | $66.40M | $49.07M | $48.01M | $51.79M | $53.16M | $46.86M | $52.96M | $52.18M |
| Low Forecast | $81.46M | $72.80M | $66.35M | $61.77M | $45.65M | $44.66M | $51.79M | $49.45M | $43.59M | $49.26M | $48.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.18% | 0.22% |
Surf Air Mobility's average Quarter SG&A projection for Dec 23 is $45.22M, based on 1 Wall Street analysts, with a range of $43.59M to $46.86M. The forecast indicates a -24.82% fall compared to SRFM last annual SG&A of $60.15M (Sep 23).
Surf Air Mobility EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | $-1.36 | $-0.64 |
| Avg Forecast | $-0.98 | $-0.98 | $-0.98 | $-0.98 | $-1.19 | $-1.05 | $-2.24 | $-1.33 | $-2.00 | $-1.26 | $-4.62 |
| High Forecast | $-0.93 | $-0.93 | $-0.93 | $-0.93 | $-1.13 | $-1.00 | $-2.13 | $-1.27 | $-1.90 | $-1.20 | $-4.40 |
| Low Forecast | $-1.03 | $-1.03 | $-1.03 | $-1.03 | $-1.25 | $-1.10 | $-2.35 | $-1.39 | $-2.09 | $-1.32 | $-4.84 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.08% | 0.14% |
According to undefined Wall Street analysts, Surf Air Mobility's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to SRFM previous annual EPS of $NaN (undefined).