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NYSE:SRFM

Surf Air Mobility (SRFM) Stock Price, News & Analysis

$1.45
-0.29 (-16.67%)
(As of 08/21/2024 ET)
Today's Range
$1.37
$1.72
50-Day Range
$0.29
$3.01
52-Week Range
$1.37
$17.50
Volume
401,424 shs
Average Volume
95,965 shs
Market Capitalization
$130.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.20

Surf Air Mobility MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
672.4% Upside
$11.20 Price Target
Short Interest
Healthy
2.22% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.49mentions of Surf Air Mobility in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.01) to ($0.56) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.67 out of 5 stars

Transportation Sector

94th out of 126 stocks

Air Transportation, Nonscheduled Industry

3rd out of 4 stocks

SRFM stock logo

About Surf Air Mobility Stock (NYSE:SRFM)

Surf Air Mobility Inc. operates as an electric aviation and air travel company in the United States. The company offers an air mobility platform with scheduled routes and on demand charter flights operated by third parties. Surf Air Mobility Inc. is headquartered in Hawthorne, California.

SRFM Stock Price History

SRFM Stock News Headlines

What Is the $7,882 Stimulus Payment 2024?
Biden’s government just announced a new government "stimulus program"... And it could hand you a payment for as much as $7,882 — each quarter.
What Is the $7,882 Stimulus Payment 2024?
Biden’s government just announced a new government "stimulus program"... And it could hand you a payment for as much as $7,882 — each quarter.
Surf Air Mobility earnings preview: what Wall Street is expecting
Surf Air Mobility (SRFM) to Release Earnings on Wednesday
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
8/21/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air transportation, nonscheduled
Sub-Industry
Transportation
Fax
N/A
Employees
625
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.20
High Stock Price Target
$28.00
Low Stock Price Target
$2.80
Potential Upside/Downside
+672.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$-250,700,000.00
Net Margins
-223.23%
Pretax Margin
-226.25%

Debt

Sales & Book Value

Annual Sales
$60.51 million
Book Value
($1.05) per share

Miscellaneous

Free Float
N/A
Market Cap
$130.20 million
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Robert Stanley Little (Age 51)
    CEO & Director
    Comp: $403k
  • Mr. Sudhin Shahani (Age 40)
    Co-Founder & Director
    Comp: $500k
  • Ms. Deanna White (Age 57)
    Senior Advisor
    Comp: $650k
  • Mr. Liam Fayed
    Co-Founder and Chief Brand & Experience Officer
  • Mr. Oliver W. Reeves (Age 44)
    Chief Financial Officer
  • Bryce Van
    Chief Accounting Officer
  • Mr. David J. Anderman
    Chief Legal Officer
  • Mr. Ido Gruberger
    Chief Strategy Officer
  • Mr. Frederick W. Reid (Age 73)
    Global Head of Business Development

SRFM Stock Analysis - Frequently Asked Questions

How have SRFM shares performed this year?

Surf Air Mobility's stock was trading at $10.85 at the start of the year. Since then, SRFM shares have decreased by 86.6% and is now trading at $1.45.
View the best growth stocks for 2024 here
.

How were Surf Air Mobility's earnings last quarter?

Surf Air Mobility Inc. (NYSE:SRFM) issued its earnings results on Tuesday, May, 14th. The company reported ($1.82) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.33) by $0.49. The business earned $30.62 million during the quarter, compared to analysts' expectations of $29.28 million.

When did Surf Air Mobility's stock split?

Shares of Surf Air Mobility reverse split on Monday, August 19th 2024. The 1-7 reverse split was announced on Friday, August 9th 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, August 16th 2024. An investor that had 100 shares of stock prior to the reverse split would have 14 shares after the split.

When did Surf Air Mobility IPO?

Surf Air Mobility (SRFM) raised $281 million in an initial public offering on Thursday, July 27th 2023. The company issued 23,700,000 shares at a price of $11.86 per share. Morgan Stanley, Canaccord Genuity, Moelis & Co., Baird and Sanford Bernstein served as the underwriters for the IPO.

How do I buy shares of Surf Air Mobility?

Shares of SRFM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SRFM) was last updated on 8/22/2024 by MarketBeat.com Staff

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