SurgePays (SURG) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

SURG Stock Forecast

SurgePays stock forecast is as follows: an average price target of $10.00 (represents a 446.45% upside from SURG’s last price of $1.83) 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 446.45% upside from SURG's last price of $1.83.

SURG Analyst Ratings

Buy

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%	446.45%

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 446.45% increase from SURG last price ($1.83).

SurgePays Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$10.00
Last Closing Price	$1.83	$1.83	$1.83
Upside/Downside	-100.00%	-100.00%	446.45%

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 $1.83. 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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$32.32M	$34.16M	$35.89M	$34.78M	$36.23M	$36.17M	$28.01M	$21.14M	$14.16M
Avg Forecast	$41.93M	$41.83M	$41.73M	$41.63M	$36.11M	$26.43M	$19.39M	$13.18M	$8.22M	$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	$47.89M	$47.78M	$47.67M	$47.56M	$41.25M	$30.19M	$22.15M	$14.47M	$8.45M	$6.71M	$11.85M	$25.27M	$35.04M	$37.83M	$44.60M	$41.69M	$45.80M	$33.48M	$27.11M	$22.11M	$14.89M
Low Forecast	$35.94M	$35.85M	$35.77M	$35.69M	$30.95M	$22.66M	$16.62M	$11.88M	$8.00M	$5.04M	$8.90M	$25.27M	$32.11M	$37.83M	$33.47M	$31.29M	$34.37M	$33.48M	$27.11M	$22.11M	$14.89M
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.96%	0.90%	0.92%	0.95%	0.90%	1.08%	1.03%	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 $25.27M, and a high forecast of $25.27M. 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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$1.14M	$7.09M	$6.20M	$5.01M	$4.11M	$-752.48K	$-610.12K	$-880.31K	$-5.11M
Avg Forecast	$-2.92M	$-2.91M	$-2.91M	$-2.90M	$-2.52M	$-1.84M	$-1.35M	$-917.90K	$-572.79K	$-409.49K	$-722.93K	$-1.76M	$-2.34M	$-2.64M	$-2.72M	$-2.54M	$-2.79M	$-2.21M	$-1.79M	$-1.46M	$-983.53K
High Forecast	$-2.50M	$-2.50M	$-2.49M	$-2.49M	$-2.16M	$-1.58M	$-1.16M	$-827.62K	$-557.02K	$-350.99K	$-619.66K	$-1.76M	$-2.24M	$-2.64M	$-2.33M	$-2.18M	$-2.39M	$-2.21M	$-1.79M	$-1.46M	$-983.53K
Low Forecast	$-3.34M	$-3.33M	$-3.32M	$-3.31M	$-2.87M	$-2.10M	$-1.54M	$-1.01M	$-588.57K	$-467.73K	$-825.76K	$-1.76M	$-2.44M	$-2.64M	$-3.11M	$-2.90M	$-3.19M	$-2.21M	$-1.79M	$-1.46M	$-983.53K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-0.49%	-2.69%	-2.28%	-1.97%	-1.47%	0.34%	0.34%	0.60%	5.19%

1 analysts predict SURG's average Quarter EBITDA for Mar 24 to be $-1.76M, with a high of $-1.76M and a low of $-1.76M. This is -253.99% lower than SurgePays's previous annual EBITDA (Dec 23) of $1.14M.

SurgePays Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$3.02M	$7.08M	$5.97M	$4.55M	$3.04M	$-1.54M	$-448.89K	$-1.21M	$-5.48M
Avg Forecast	$2.56M	$2.56M	$2.56M	$2.56M	$787.56K	$-393.78K	$-935.23K	$-2.71M	$-4.87M	$-5.25M	$-2.10M	$2.95M	$8.01M	$5.61M	$3.05M	$-590.67K	$-2.26M	$5.64M	$194.31K	$-874.42K	$777.26K
High Forecast	$3.03M	$3.03M	$3.03M	$3.03M	$933.18K	$-320.65K	$-761.55K	$-1.25M	$-3.37M	$-4.28M	$-1.71M	$3.50M	$9.96M	$6.65M	$3.62M	$-480.98K	$-1.84M	$5.64M	$194.31K	$-874.42K	$777.26K
Low Forecast	$2.08M	$2.08M	$2.08M	$2.08M	$641.31K	$-466.59K	$-1.11M	$-3.96M	$-6.37M	$-6.22M	$-2.49M	$2.40M	$5.47M	$4.57M	$2.49M	$-699.89K	$-2.68M	$5.64M	$194.31K	$-874.42K	$777.26K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.38%	1.26%	1.95%	-7.70%	-1.34%	-0.27%	-2.31%	1.39%	-7.06%

SurgePays's average Quarter net income forecast for Mar 24 is $2.95M, with a range of $2.40M to $3.50M. SURG's average Quarter net income forecast represents a -2.25% decrease compared to the company's last Quarter net income of $3.02M (Dec 23).

SurgePays SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$6.31M	$3.39M	$3.82M	$2.72M	$2.92M	$2.93M	$2.85M	$3.51M	$3.72M
Avg Forecast	$9.05M	$9.03M	$9.01M	$8.99M	$7.80M	$5.71M	$4.19M	$2.85M	$1.78M	$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	$10.34M	$10.32M	$10.29M	$10.27M	$8.91M	$6.52M	$4.78M	$3.13M	$1.82M	$1.45M	$2.56M	$5.46M	$7.57M	$8.17M	$9.63M	$9.00M	$9.89M	$7.23M	$5.85M	$4.78M	$3.21M
Low Forecast	$7.76M	$7.74M	$7.73M	$7.71M	$6.68M	$4.89M	$3.59M	$2.57M	$1.73M	$1.09M	$1.92M	$5.46M	$6.94M	$8.17M	$7.23M	$6.76M	$7.42M	$7.23M	$5.85M	$4.78M	$3.21M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.87%	0.41%	0.45%	0.35%	0.34%	0.41%	0.49%	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 $5.46M to $5.46M. The forecast indicates a -13.49% fall compared to SURG last annual SG&A of $6.31M (Dec 23).

SurgePays EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.21	$0.50	$0.42	$0.32	$0.07	$-0.12	$-0.04	$-0.10	$-0.04
Avg Forecast	$0.13	$0.13	$0.13	$0.13	$0.04	$-0.02	$-0.05	$-0.14	$-0.25	$-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	$0.15	$0.15	$0.15	$0.15	$0.05	$-0.02	$-0.04	$-0.06	$-0.17	$-0.22	$-0.09	$0.18	$0.51	$0.34	$0.18	$-0.02	$-0.09	$0.29	$0.01	$-0.04	$0.04
Low Forecast	$0.11	$0.11	$0.11	$0.11	$0.03	$-0.02	$-0.06	$-0.20	$-0.32	$-0.32	$-0.13	$0.12	$0.28	$0.23	$0.13	$-0.04	$-0.14	$0.29	$0.01	$-0.04	$0.04
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.52%	1.75%	2.71%	-10.67%	-0.60%	-0.41%	-3.66%	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 $0.12 and a high estimate of $0.18. This represents a -28.57% decrease compared to SURG previous annual EPS of $0.21 (Dec 23).

SurgePays Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
SURG	SurgePays	$1.83	$10.00	446.45%	Buy
VS	Versus Systems	$2.09	$3.00	43.54%	Buy
CWAN	Clearwater Analytics	$28.52	$31.33	9.85%	Buy
DSP	Viant	$20.09	$20.00	-0.45%	Buy
EXFY	Expensify	$3.52	$2.50	-28.98%	Buy

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 446.45% from its last price of $1.83. 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 446.45% (from the last price of $1.83 to the average price target of $10), up by 446.45% based on the highest stock price target, and up by 446.45% based on the lowest stock price target.

Can SurgePays stock reach $3?

SURG's average twelve months analyst stock price target of $10 supports the claim that SurgePays can reach $3 in the near future.

What are SurgePays's analysts' financial forecasts?

SurgePays's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $95.11M (high $108.06M, low $82.11M), average EBITDA is $-6.625M (high $-5.72M, low $-7.527M), average net income is $-3.249M (high $-1.399M, low $-4.89M), average SG&A $20.54M (high $23.34M, low $17.73M), and average EPS is $-0.165 (high $-0.071, low $-0.248). SURG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $167.12M (high $190.9M, low $143.25M), average EBITDA is $-11.642M (high $-9.979M, low $-13.298M), average net income is $10.24M (high $12.13M, low $8.34M), average SG&A $36.09M (high $41.23M, low $30.94M), and average EPS is $0.52 (high $0.616, low $0.423).

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 $-10.235M by -295.14%. The company's net income was $20.62M, beating the average estimation of $16.08M by 28.23%. 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 $-2.337M by -148.91%. SurgePays's net income was $3.02M, missing the average estimation of $8.01M by -62.27%. 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%