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 $1.30 (represents a -40.64% downside from SRFM’s last price of $2.19) 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 $1.30 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 $0.40. This represents a potential -40.64% downside from SRFM's last price of $2.19.
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% | 0.46% |
| May 28, 2024 | David Vernon | Bernstein | $0.40 | $0.34 | 19.15% | -81.74% |
| May 15, 2024 | George Gianarikas | Canaccord Genuity | $1.00 | $0.48 | 109.29% | -54.34% |
| Apr 01, 2024 | George Gianarikas | Canaccord Genuity | $2.50 | $0.80 | 212.50% | 14.16% |
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 0.46% increase from SRFM last price ($2.19).
Surf Air Mobility Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $2.20 | $1.53 |
| Last Closing Price | $2.19 | $2.19 | $2.19 |
| Upside/Downside | -100.00% | 0.46% | -30.14% |
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 $2.19. This month's average price target is down -100.00% 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 | $48.59M | $45.57M | $42.45M | $40.44M | $29.80M | $26.32M | $29.41M | $29.14M | $25.68M | $29.03M | $28.60M |
| High Forecast | $49.95M | $46.84M | $43.63M | $41.57M | $30.64M | $27.05M | $29.41M | $29.96M | $26.40M | $29.84M | $29.40M |
| Low Forecast | $47.23M | $44.29M | $41.26M | $39.31M | $28.97M | $25.58M | $29.41M | $28.33M | $24.97M | $28.22M | $27.80M |
| # 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 $24.97M, and a high forecast of $26.40M. 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 | $-45.22M | $-42.41M | $-39.51M | $-37.64M | $-27.74M | $-24.50M | $-27.38M | $-27.12M | $-23.91M | $-27.02M | $-26.62M |
| High Forecast | $-43.96M | $-41.23M | $-38.40M | $-36.59M | $-26.96M | $-23.81M | $-27.38M | $-26.36M | $-23.24M | $-26.26M | $-25.87M |
| Low Forecast | $-46.49M | $-43.60M | $-40.61M | $-38.69M | $-28.52M | $-25.18M | $-27.38M | $-27.88M | $-24.57M | $-27.77M | $-27.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.41% | 0.49% |
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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 | $-11.05M | $-11.05M | $-11.05M | $-11.05M | $-13.42M | $-11.84M | $-25.25M | $-14.99M | $-22.49M | $-14.20M | $-52.08M |
| Low Forecast | $-11.88M | $-11.88M | $-11.88M | $-11.88M | $-14.43M | $-12.73M | $-27.16M | $-16.12M | $-24.19M | $-15.28M | $-56.01M |
| 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 | $85.55M | $80.23M | $74.74M | $71.20M | $52.48M | $46.34M | $51.79M | $51.31M | $45.22M | $51.11M | $50.36M |
| High Forecast | $87.94M | $82.47M | $76.83M | $73.19M | $53.94M | $47.63M | $51.79M | $52.74M | $46.49M | $52.54M | $51.76M |
| Low Forecast | $83.15M | $77.99M | $72.65M | $69.21M | $51.01M | $45.04M | $51.79M | $49.87M | $43.96M | $49.68M | $48.95M |
| 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 $43.96M to $46.49M. 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 | $-0.94 | $-0.94 | $-0.94 | $-0.94 | $-1.15 | $-1.01 | $-2.16 | $-1.28 | $-1.92 | $-1.21 | $-4.45 |
| Low Forecast | $-1.02 | $-1.02 | $-1.02 | $-1.02 | $-1.23 | $-1.09 | $-2.32 | $-1.38 | $-2.07 | $-1.31 | $-4.79 |
| 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).