SurgePays (SURG) Stock Forecast, Price Target & Predictions
SURG Stock Forecast
SurgePays stock forecast is as follows: an average price target of $10.00 (represents a 517.28% upside from SURG’s last price of $1.62) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
SURG Price Target
The average price target for SurgePays (SURG) is $10.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $10.00. This represents a potential 517.28% upside from SURG's last price of $1.62.
SURG Analyst Ratings
According to 2 Wall Street analysts, SurgePays's rating consensus is 'Buy'. The analyst rating breakdown for SURG stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
SurgePays Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 01, 2024 | Edward Woo | Ascendiant | $10.00 | $3.85 | 159.74% | 517.28% |
The latest SurgePays stock forecast, released on Apr 01, 2024 by Edward Woo from Ascendiant, set a price target of $10.00, which represents a 159.74% increase from the stock price at the time of the forecast ($3.85), and a 517.28% increase from SURG last price ($1.62).
SurgePays Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $10.00 |
| Last Closing Price | $1.62 | $1.62 | $1.62 |
| Upside/Downside | -100.00% | -100.00% | 517.28% |
In the current month, the average price target of SurgePays stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SurgePays's last price of $1.62. 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 |
|---|---|---|---|---|
| Apr 01, 2024 | Ascendiant | Buy | Buy | Hold |
| Feb 28, 2022 | Maxim Group | - | Buy | Initialise |
SurgePays's last stock rating was published by Ascendiant on Apr 01, 2024. The company gave SURG a "Buy" rating, the same as its previous rate.
SurgePays Financial Forecast
SurgePays Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $32.32M | $34.16M | $35.89M | $34.78M | $36.23M | $36.17M | - | $21.14M | $14.16M |
| Avg Forecast | $18.20M | $16.95M | $14.34M | $9.11M | $7.46M | $5.88M | $10.38M | $25.27M | $33.55M | $37.83M | $39.05M | $36.50M | $40.10M | $33.48M | $27.11M | $22.11M | $14.89M |
| High Forecast | $22.07M | $20.57M | $17.39M | $11.05M | $9.05M | $7.13M | $12.59M | $30.66M | $35.04M | $45.88M | $47.36M | $44.28M | $48.64M | $40.62M | $27.11M | $33.15M | $22.32M |
| Low Forecast | $14.32M | $13.34M | $11.29M | $7.17M | $5.87M | $4.63M | $8.17M | $19.89M | $32.11M | $29.77M | $30.73M | $28.73M | $31.56M | $26.35M | $27.11M | $11.08M | $7.46M |
| # Analysts | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 0.96% | 0.90% | 0.92% | 0.95% | 0.90% | 1.08% | - | 0.96% | 0.95% |
SurgePays's average Quarter revenue forecast for Mar 24 based on 1 analysts is $25.27M, with a low forecast of $19.89M, and a high forecast of $30.66M. SURG's average Quarter revenue forecast represents a -21.80% decrease compared to the company's last Quarter revenue of $32.32M (Dec 23).
SurgePays EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $1.14M | $7.09M | $6.20M | $5.01M | $4.11M | $-752.48K | - | $-880.31K | $-5.11M |
| Avg Forecast | $-1.20M | $-1.12M | $-947.40K | $-601.71K | $-492.72K | $-388.37K | $-685.66K | $-1.67M | $-2.22M | $-2.50M | $-2.58M | $-2.41M | $-2.65M | $-2.21M | $-1.79M | $-1.46M | $-983.53K |
| High Forecast | $-946.22K | $-881.64K | $-745.64K | $-473.57K | $-387.79K | $-305.67K | $-539.64K | $-1.31M | $-2.12M | $-1.97M | $-2.03M | $-1.90M | $-2.09M | $-1.74M | $-1.79M | $-731.91K | $-492.68K |
| Low Forecast | $-1.46M | $-1.36M | $-1.15M | $-729.85K | $-597.65K | $-471.08K | $-831.68K | $-2.03M | $-2.31M | $-3.03M | $-3.13M | $-2.93M | $-3.21M | $-2.68M | $-1.79M | $-2.19M | $-1.47M |
| Surprise % | - | - | - | - | - | - | - | - | -0.52% | -2.84% | -2.40% | -2.08% | -1.55% | 0.34% | - | 0.60% | 5.19% |
1 analysts predict SURG's average Quarter EBITDA for Mar 24 to be $-1.67M, with a high of $-1.31M and a low of $-2.03M. This is -246.05% lower than SurgePays's previous annual EBITDA (Dec 23) of $1.14M.
SurgePays 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 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 |
| Net Income | - | - | - | - | - | - | - | - | $3.02M | $7.08M | $5.97M | $4.55M | $3.04M | $-1.54M | - | $-1.21M | $-5.48M |
| Avg Forecast | $1.36M | $518.18K | $-1.04M | $-2.59M | $-4.47M | $-5.18M | $-2.07M | $2.91M | $7.90M | $5.54M | $3.01M | $-582.95K | $-2.23M | $5.64M | $186.78K | $-648.15K | $576.13K |
| High Forecast | $1.74M | $661.64K | $-749.43K | $-1.87M | $-3.23M | $-3.75M | $-1.50M | $3.72M | $9.83M | $7.07M | $3.85M | $-421.56K | $-1.62M | $7.20M | $186.78K | $-227.63K | $949.92K |
| Low Forecast | $983.63K | $374.72K | $-1.32M | $-3.31M | $-5.71M | $-6.62M | $-2.65M | $2.11M | $5.40M | $4.00M | $2.18M | $-744.34K | $-2.85M | $4.07M | $186.78K | $-1.07M | $202.34K |
| Surprise % | - | - | - | - | - | - | - | - | 0.38% | 1.28% | 1.98% | -7.80% | -1.36% | -0.27% | - | 1.87% | -9.52% |
SurgePays's average Quarter net income forecast for Mar 24 is $2.91M, with a range of $2.11M to $3.72M. SURG's average Quarter net income forecast represents a -3.53% decrease compared to the company's last Quarter net income of $3.02M (Dec 23).
SurgePays 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 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 |
| SG&A | - | - | - | - | - | - | - | - | $6.31M | $3.39M | $3.82M | $2.72M | $2.92M | $2.93M | - | $3.51M | $3.72M |
| Avg Forecast | $3.93M | $3.66M | $3.10M | $1.97M | $1.61M | $1.27M | $2.24M | $5.46M | $7.25M | $8.17M | $8.43M | $7.88M | $8.66M | $7.23M | $5.85M | $4.78M | $3.21M |
| High Forecast | $4.77M | $4.44M | $3.76M | $2.39M | $1.95M | $1.54M | $2.72M | $6.62M | $7.57M | $9.91M | $10.23M | $9.56M | $10.50M | $8.77M | $5.85M | $7.16M | $4.82M |
| Low Forecast | $3.09M | $2.88M | $2.44M | $1.55M | $1.27M | $999.13K | $1.76M | $4.30M | $6.94M | $6.43M | $6.64M | $6.20M | $6.82M | $5.69M | $5.85M | $2.39M | $1.61M |
| Surprise % | - | - | - | - | - | - | - | - | 0.87% | 0.41% | 0.45% | 0.35% | 0.34% | 0.41% | - | 0.74% | 1.16% |
SurgePays's average Quarter SG&A projection for Mar 24 is $5.46M, based on 1 Wall Street analysts, with a range of $4.30M to $6.62M. The forecast indicates a -13.49% fall compared to SURG last annual SG&A of $6.31M (Dec 23).
SurgePays EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 |
| EPS | - | - | - | - | - | - | - | - | $0.21 | $0.50 | $0.42 | $0.32 | $0.07 | $-0.12 | - | $-0.10 | $-0.04 |
| Avg Forecast | $0.07 | $0.03 | $-0.05 | $-0.13 | $-0.23 | $-0.27 | $-0.11 | $0.15 | $0.41 | $0.28 | $0.15 | $-0.03 | $-0.12 | $0.29 | $0.01 | $-0.04 | $0.04 |
| High Forecast | $0.09 | $0.03 | $-0.04 | $-0.10 | $-0.17 | $-0.19 | $-0.08 | $0.19 | $0.51 | $0.36 | $0.20 | $-0.02 | $-0.08 | $0.37 | $0.01 | $-0.02 | $0.07 |
| Low Forecast | $0.05 | $0.02 | $-0.07 | $-0.17 | $-0.29 | $-0.34 | $-0.14 | $0.11 | $0.28 | $0.21 | $0.11 | $-0.04 | $-0.15 | $0.21 | $0.01 | $-0.07 | $0.01 |
| Surprise % | - | - | - | - | - | - | - | - | 0.52% | 1.75% | 2.71% | -10.67% | -0.60% | -0.41% | - | 2.22% | -0.89% |
According to 1 Wall Street analysts, SurgePays's projected average Quarter EPS for Mar 24 is $0.15, with a low estimate of $0.11 and a high estimate of $0.19. This represents a -28.57% decrease compared to SURG previous annual EPS of $0.21 (Dec 23).
SurgePays Peer Comparison by Price Target
SURG Forecast FAQ
Is SurgePays a good buy?
Yes, according to 2 Wall Street analysts, SurgePays (SURG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of SURG's total ratings.
What is SURG's price target?
SurgePays (SURG) average price target is $10 with a range of $10 to $10, implying a 517.28% from its last price of $1.62. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SurgePays stock go up soon?
According to Wall Street analysts' prediction for SURG stock, the company can go up by 517.28% (from the last price of $1.62 to the average price target of $10), up by 517.28% based on the highest stock price target, and up by 517.28% based on the lowest stock price target.
Can SurgePays stock reach $2?
SURG's average twelve months analyst stock price target of $10 supports the claim that SurgePays can reach $2 in the near future.
What are SurgePays's analysts' financial forecasts?
SurgePays's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $48.99M (high $59.42M, low $38.56M), average EBITDA is $-3.237M (high $-2.547M, low $-3.926M), average net income is $-8.809M (high $-4.756M, low $-12.862M), average SG&A $10.58M (high $12.83M, low $8.33M), and average EPS is $-0.453 (high $-0.245, low $-0.662). SURG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $58.6M (high $71.08M, low $46.12M), average EBITDA is $-3.872M (high $-3.047M, low $-4.696M), average net income is $-1.749M (high $-225K, low $-3.273M), average SG&A $12.65M (high $15.35M, low $9.96M), and average EPS is $-0.09 (high $-0.0116, low $-0.168).
Did the SURG's actual financial results beat the analysts' financial forecasts?
Based on SurgePays's last annual report (Dec 2023), the company's revenue was $137.14M, which missed the average analysts forecast of $146.93M by -6.66%. Apple's EBITDA was $19.97M, missing the average prediction of $-9.708M by -305.75%. The company's net income was $20.62M, beating the average estimation of $15.87M by 29.92%. Apple's SG&A was $15.71M, missing the average forecast of $31.73M by -50.48%. Lastly, the company's EPS was $1.38, beating the average prediction of $0.817 by 68.98%. In terms of the last quarterly report (Dec 2023), SurgePays's revenue was $32.32M, missing the average analysts' forecast of $33.55M by -3.68%. The company's EBITDA was $1.14M, missing the average prediction of $-2.217M by -151.57%. SurgePays's net income was $3.02M, missing the average estimation of $7.9M by -61.77%. The company's SG&A was $6.31M, missing the average forecast of $7.25M by -12.93%. Lastly, the company's EPS was $0.21, missing the average prediction of $0.407 by -48.36%