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Surf Air Mobility, Inc. (SRFM)
NYSE:SRFM
RESEARCH TOOLSreports
Holding SRFM?
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SRFM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.22 - $5.00
Previous Close$0.41
Volume286.67K
Average Volume (3M)890.28K
Market Cap
N/A
Enterprise ValueN/A
Total Cash (Recent Filing)$1.28M
Total Debt (Recent Filing)$35.96M
Price to Earnings (P/E)―
Beta3.52
Next Earnings
Aug 14, 2024EPS Estimate
-$0.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.59
Shares Outstanding83,035,258
10 Day Avg. Volume3,532,601
30 Day Avg. Volume890,281
Standard Deviation0.36
R-Squared0.03
Alpha-0.14
Financial Highlights & Ratios
Price to Book (P/B)-0.27
Price to Sales (P/S)5.70
Price to Cash Flow (P/CF)-0.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.00
Enterprise Value/Gross Profit0.00
Enterprise Value/Ebitda0.00
Forecast
1Y Price Target
$0.70Price Target Upside83.05% Upside
Rating ConsensusHold
Number of Analyst Covering2
Surf Air Mobility, Inc. News
PremiumCompany Announcements
Surf Air Mobility Granted Grace Period for NYSE Standards
PremiumCompany Announcements
Surf Air Mobility Announces Stock Consolidation and Board Reshuffle
PremiumCompany Announcements
Surf Air Mobility Announces Optimistic AI Joint Venture
Bulls Say, Bears Say
Bulls Say
Government SupportThe company was successful in its outreach effort to Congress to increase the Essential Air Service subsidy cap from $200 to $650 per seat.
Product DevelopmentManagement did state that the electric powertrain development program is on track to the finish conceptual design by Q4/24.
Technological AdvancesAdvances in technology have the potential to unlock a significant addressable market for Regional Air Mobility ($12-18B by 2035).
Bears Say
Financial PerformanceThe company is burning $16-18M a quarter while running a quarterly cash balance in the single-digit range.
ManagementThe company announced that its CEO, Stan Little, would be resigning his position and moving into the role of 'Founder.'
Strategic DirectionManagement reshuffle and strategic review create operational uncertainty, leading to a lowered rating to HOLD.
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Ownership Overview
6.96% Insiders
4.98% Mutual Funds
6.84% Other Institutional Investors
81.21% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
SRFM FAQ
What was Surf Air Mobility, Inc.’s price range in the past 12 months?
Surf Air Mobility, Inc. lowest stock price was $0.22 and its highest was $5.00 in the past 12 months.
What is Surf Air Mobility, Inc.’s market cap?
Currently, no data Available
When is Surf Air Mobility, Inc.’s upcoming earnings report date?
Surf Air Mobility, Inc.’s upcoming earnings report date is Aug 14, 2024 which is 9 days ago.
How were Surf Air Mobility, Inc.’s earnings last quarter?
Surf Air Mobility, Inc. released its earnings results on May 14, 2024. The company reported -$0.48 earnings per share for the quarter, missing the consensus estimate of -$0.19 by -$0.29.
Is Surf Air Mobility, Inc. overvalued?
According to Wall Street analysts Surf Air Mobility, Inc.’s price is currently Undervalued.
Does Surf Air Mobility, Inc. pay dividends?
Surf Air Mobility, Inc. does not currently pay dividends.
What is Surf Air Mobility, Inc.’s EPS estimate?
Surf Air Mobility, Inc.’s EPS estimate is -$0.32.
How many shares outstanding does Surf Air Mobility, Inc. have?
Surf Air Mobility, Inc. has 87,247,110 shares outstanding.
What happened to Surf Air Mobility, Inc.’s price movement after its last earnings report?
Surf Air Mobility, Inc. reported an EPS of -$0.48 in its last earnings report, missing expectations of -$0.19. Following the earnings report the stock price went down -14.583%.
Which hedge fund is a major shareholder of Surf Air Mobility, Inc.?
Among the largest hedge funds holding Surf Air Mobility, Inc.’s share is Covalent Partners Llc. It holds Surf Air Mobility, Inc.’s shares valued at 211K.
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Surf Air Mobility, Inc. Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$0.70 (83.05% Upside)
$0.70 (83.05% Upside)
Blogger Sentiment
Bullish
SRFM Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 100.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.1%
Last 30 Days ▲ 18.1%
Last 30 Days ▲ 18.1%
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
715.24%
Trailing 12-Months
Company Description
Surf Air Mobility, Inc.
Surf Air Mobility Inc. operates as an electric aviation and air travel company in the United States. It offers an air mobility platform with scheduled routes and on demand charter flights operated by third parties; and air cargo services. The company is headquartered in Hawthorne, California.
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SRFM Earnings Call
Q1 2024
0:00 / 0:00
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SRFM Stock 12 Month Forecast
Average Price Target
$0.70
▲(83.05% Upside)
Technical Analysis
Best Analysts Covering SRFM
1 Year
1 Year Success Rate
0/1 ratings generated profit
1 Year Average Return
-75.00%
initiated a buy rating 12 months ago
Copying Alexander Potter's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -75.00% per trade.
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