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 -55.28% downside from SRFM’s last price of $4.92) 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 -55.28% downside from SRFM's last price of $4.92.
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% | -55.28% |
| May 28, 2024 | David Vernon | Bernstein | $0.40 | $0.34 | 19.15% | -91.87% |
| May 15, 2024 | George Gianarikas | Canaccord Genuity | $1.00 | $0.48 | 109.29% | -79.67% |
| Apr 01, 2024 | George Gianarikas | Canaccord Genuity | $2.50 | $0.80 | 212.50% | -49.19% |
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 -55.28% decrease from SRFM last price ($4.92).
Surf Air Mobility Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 4 |
| Avg Price Target | - | - | $1.53 |
| Last Closing Price | $4.92 | $4.92 | $4.92 |
| Upside/Downside | -100.00% | -100.00% | -68.90% |
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 $4.92. 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 | $50.28M | $44.94M | $40.96M | $38.13M | $28.18M | $27.57M | $29.41M | $30.53M | $26.91M | $30.41M | $29.96M |
| Low Forecast | $45.72M | $40.86M | $37.24M | $34.67M | $25.62M | $25.07M | $29.41M | $27.75M | $24.46M | $27.65M | $27.24M |
| # 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 $24.46M, and a high forecast of $26.91M. 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 | $-42.55M | $-38.03M | $-34.66M | $-32.27M | $-23.85M | $-23.33M | $-27.38M | $-25.83M | $-22.77M | $-25.73M | $-25.35M |
| Low Forecast | $-46.80M | $-41.83M | $-38.12M | $-35.49M | $-26.23M | $-25.66M | $-27.38M | $-28.41M | $-25.04M | $-28.30M | $-27.89M |
| 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 | $-10.76M | $-10.76M | $-10.76M | $-10.76M | $-13.06M | $-11.52M | $-24.58M | $-14.60M | $-21.90M | $-13.83M | $-50.70M |
| Low Forecast | $-12.17M | $-12.17M | $-12.17M | $-12.17M | $-14.78M | $-13.04M | $-27.83M | $-16.52M | $-24.78M | $-15.65M | $-57.39M |
| 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 | $88.53M | $79.13M | $72.12M | $67.14M | $49.62M | $48.54M | $51.79M | $53.75M | $47.37M | $53.54M | $52.75M |
| Low Forecast | $80.49M | $71.94M | $65.57M | $61.04M | $45.11M | $44.13M | $51.79M | $48.87M | $43.07M | $48.68M | $47.96M |
| 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 $43.07M to $47.37M. 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 | $-0.92 | $-0.92 | $-0.92 | $-0.92 | $-1.12 | $-0.99 | $-2.10 | $-1.25 | $-1.87 | $-1.18 | $-4.33 |
| Low Forecast | $-1.04 | $-1.04 | $-1.04 | $-1.04 | $-1.26 | $-1.11 | $-2.38 | $-1.41 | $-2.12 | $-1.34 | $-4.91 |
| 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).