NYSE:SRFM Surf Air Mobility (SRFM) Stock Price, News & Analysis → The asset beating inflation by 4x (From Colonial Metals) (Ad) Free SRFM Stock Alerts $0.38 -0.03 (-7.24%) (As of 06/28/2024 ET) Add Compare Share Share Today's Range$0.38▼$0.4550-Day Range$0.25▼$0.4952-Week Range$0.22▼$5.00Volume410,284 shsAverage Volume1.97 million shsMarket Capitalization$31.92 millionP/E RatioN/ADividend YieldN/APrice Target$1.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Surf Air Mobility alerts: Email Address Surf Air Mobility MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside316.2% Upside$1.60 Price TargetShort InterestHealthy3.44% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.97) to ($0.59) Per ShareSee Full Details Hide Full Details 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.0.71 out of 5 starsTransportation Sector106th out of 115 stocksAir Transportation, Nonscheduled Industry2nd out of 3 stocks 3.1 Analyst's Opinion Consensus RatingSurf Air Mobility has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageSurf Air Mobility has only been the subject of 3 research reports in the past 90 days.Read more about Surf Air Mobility's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.44% of the float of Surf Air Mobility has been sold short.Short Interest Ratio / Days to CoverSurf Air Mobility has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Surf Air Mobility has recently increased by 52.35%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSurf Air Mobility does not currently pay a dividend.Dividend GrowthSurf Air Mobility does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SRFM. Previous Next 0.6 News and Social Media Coverage Search InterestOnly 1 people have searched for SRFM on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows8 people have added Surf Air Mobility to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Surf Air Mobility insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 17.68% of the stock of Surf Air Mobility is held by institutions.Read more about Surf Air Mobility's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Surf Air Mobility are expected to grow in the coming year, from ($0.97) to ($0.59) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Surf Air Mobility is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Surf Air Mobility is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about Surf Air Mobility's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsThe asset beating inflation by 4xCentral Bank Gold Heist In Progress Central banks are buying gold at record rates... and billionaire investors are buying right along with them. Even Warren Buffett put over $500 million into gold. And with the help of a tax and penalty-free "Trump Loophole, " these investors are investing retirement into gold and other precious metals without having to put up any of their own cash. In our Free Retirement Protection Kit, we reveal all the details on how the rich use this loophole to protect and growth their retirement wealth in any economy…and show you how you can use it too.Click here to get your free copy today. 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.Read More SRFM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SRFM Stock News HeadlinesJune 13, 2024 | businesswire.comJim Sullivan, Airline Executive, to Become President of Air Mobility for Surf Air MobilityJune 11, 2024 | businesswire.comSurf Air Mobility Enters Agreement to Supply Electric Powertrains to Asta, a Brazilian Cessna Caravan OperatorJune 29, 2024 | Colonial Metals (Ad)The asset beating inflation by 4xCentral Bank Gold Heist In Progress Central banks are buying gold at record rates... and billionaire investors are buying right along with them. Even Warren Buffett put over $500 million into gold. And with the help of a tax and penalty-free "Trump Loophole, " these investors are investing retirement into gold and other precious metals without having to put up any of their own cash. In our Free Retirement Protection Kit, we reveal all the details on how the rich use this loophole to protect and growth their retirement wealth in any economy…and show you how you can use it too.June 6, 2024 | businesswire.comSurf Air Mobility Presents at Palantir Technologies AIPCon June 2024May 29, 2024 | msn.comBernstein Downgrades Surf Air Mobility (SRFM)May 28, 2024 | markets.businessinsider.comSurf Air Mobility: Innovation Meets Financial Uncertainty – A Hold RecommendationMay 28, 2024 | finance.yahoo.comBernstein SocGen Group Downgrades Surf Air Mobility Inc to Market PerformMay 28, 2024 | finance.yahoo.comSurf Air Mobility and Williamsport, Pennsylvania, Officially Begin Subsidized Commuter Air Service Between Williamsport Regional Airport (IPT) and Washington Dulles International Airport (IAD)June 29, 2024 | Colonial Metals (Ad)The asset beating inflation by 4xCentral Bank Gold Heist In Progress Central banks are buying gold at record rates... and billionaire investors are buying right along with them. Even Warren Buffett put over $500 million into gold. And with the help of a tax and penalty-free "Trump Loophole, " these investors are investing retirement into gold and other precious metals without having to put up any of their own cash. In our Free Retirement Protection Kit, we reveal all the details on how the rich use this loophole to protect and growth their retirement wealth in any economy…and show you how you can use it too.May 24, 2024 | businesswire.comSurf Air Mobility Receives Continued Listing Standard Notice from NYSEMay 20, 2024 | investorplace.com3 Electric Aviation Stocks to Own Before eVTOL Really Takes OffMay 19, 2024 | msn.comSurf Air Mobility Inc. (NYSE:SRFM) Q1 2024 Earnings Call TranscriptMay 17, 2024 | uk.investing.comSurf Air Mobility stock downgraded to hold, target cut on current challengesMay 17, 2024 | businesswire.comSurf Air Mobility and Purdue University Officially Begin Privately-Backed Commuter Air Service from West Lafayette / Purdue University Airport (LAF)May 16, 2024 | finance.yahoo.comSurf Air Mobility Beats Revenue Guidance and Appoints Former Bombardier Flexjet Exec as New Interim CEOMay 15, 2024 | msn.comSurf Air Mobility downgraded on C-suite shakeup, strategic review - analystMay 15, 2024 | finance.yahoo.comSurf Air Mobility Shares Fall After Strategic Review, CEO Transition AnnouncedMay 14, 2024 | marketwatch.comSurf Air Mobility CEO Little to Step Down, White Named Interim SuccessorMay 14, 2024 | investorplace.comSRFM Stock Earnings: Surf Air Mobility Inc. Common Stock Misses EPS, Beats Revenue for Q1 2024May 14, 2024 | businesswire.comSurf Air Mobility Reports First Quarter Revenue Growth Above Guidance and Announces CEO TransitionMay 1, 2024 | finance.yahoo.comSurf Air Mobility Participates in Chardan’s Virtual Transport Platform Tech SeriesApril 30, 2024 | finance.yahoo.comSurf Air Mobility to Provide First Quarter 2024 Financial Results on May 14, 2024April 17, 2024 | msn.comSurf Air Mobility (SRFM) Price Target Decreased by 14.12% to 3.10April 7, 2024 | uk.investing.comSurf Air Mobility faces NYSE non-compliance over stock priceApril 5, 2024 | businesswire.comSurf Air Mobility Receives Continued Listing Standard Notice from NYSEApril 1, 2024 | finance.yahoo.comSurf Air Mobility Inc. (NYSE:SRFM) Q4 2023 Earnings Call TranscriptMarch 30, 2024 | seekingalpha.comSurf Air Mobility, Inc. (SRFM) Q4 2023 Earnings Call TranscriptSee More Headlines Receive SRFM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Surf Air Mobility and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/14/2024Today6/29/2024Next Earnings (Estimated)9/03/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Air transportation, nonscheduled Sub-IndustryN/A Current SymbolNYSE:SRFM CUSIPN/A CIK1936224 Webwww.surfair.com Phone310-365-3675FaxN/AEmployees625Year FoundedN/APrice Target and Rating Average Stock Price Target$1.60 High Stock Price Target$4.00 Low Stock Price Target$0.40 Potential Upside/Downside+316.2%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($6.30) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-250,700,000.00 Net Margins-311.94% Pretax Margin-315.85% Return on EquityN/A Return on Assets-212.19% Debt Debt-to-Equity Ratio1.20 Current Ratio0.10 Quick Ratio0.10 Sales & Book Value Annual Sales$60.51 million Price / Sales0.53 Cash FlowN/A Price / Cash FlowN/A Book Value($1.05) per share Price / Book-0.37Miscellaneous Outstanding Shares83,040,000Free FloatN/AMarket Cap$31.92 million OptionableNot Optionable BetaN/A Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Robert Stanley Little (Age 51)CEO & Director Comp: $403kMr. Sudhin Shahani (Age 40)Co-Founder & Director Comp: $500kMs. Deanna White (Age 57)Senior Advisor Comp: $650kMr. Liam FayedCo-Founder and Chief Brand & Experience OfficerMr. Oliver W. Reeves (Age 44)Chief Financial Officer Bryce VanChief Accounting OfficerMr. David J. AndermanChief Legal OfficerMr. Ido GrubergerChief Strategy OfficerMr. Frederick W. Reid (Age 73)Global Head of Business Development More ExecutivesKey CompetitorsJet.AINASDAQ:JTAIWheels Up ExperienceNYSE:UPBristow GroupNYSE:VTOLflyExclusiveNYSE:FLYXBlade Air MobilityNASDAQ:BLDEView All CompetitorsInsidersEdward A MadySold 54,914 sharesTotal: $112,573.70 ($2.05/share)View All Insider Transactions SRFM Stock Analysis - Frequently Asked Questions Should I buy or sell Surf Air Mobility stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Surf Air Mobility in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SRFM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SRFM, but not buy additional shares or sell existing shares. View SRFM analyst ratings or view top-rated stocks. What is Surf Air Mobility's stock price target for 2024? 4 equities research analysts have issued 1 year target prices for Surf Air Mobility's stock. Their SRFM share price targets range from $0.40 to $4.00. On average, they predict the company's stock price to reach $1.60 in the next twelve months. This suggests a possible upside of 316.2% from the stock's current price. View analysts price targets for SRFM or view top-rated stocks among Wall Street analysts. How have SRFM shares performed in 2024? Surf Air Mobility's stock was trading at $1.55 at the beginning of the year. Since then, SRFM stock has decreased by 75.2% and is now trading at $0.3844. View the best growth stocks for 2024 here. Are investors shorting Surf Air Mobility? Surf Air Mobility saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 1,490,000 shares, an increase of 19.2% from the May 15th total of 1,250,000 shares. Based on an average daily volume of 360,700 shares, the days-to-cover ratio is currently 4.1 days. Currently, 2.3% of the shares of the company are sold short. View Surf Air Mobility's Short Interest. When is Surf Air Mobility's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 3rd 2024. View our SRFM earnings forecast. How were Surf Air Mobility's earnings last quarter? Surf Air Mobility Inc. (NYSE:SRFM) announced its earnings results on Tuesday, May, 14th. The company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of ($0.19) by $0.07. The company earned $30.62 million during the quarter, compared to the consensus estimate of $29.28 million. What guidance has Surf Air Mobility issued on next quarter's earnings? Surf Air Mobility issued an update on its second quarter 2024 earnings guidance on Tuesday, May, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $28.0 million-$31.0 million, compared to the consensus revenue estimate of $30.6 million. When did Surf Air Mobility IPO? Surf Air Mobility (SRFM) raised $281 million in an initial public offering (IPO) 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 acted 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 6/29/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredBiden Nomination CANCELED?And I believe when they do take the oath of office, their fingers will be crossed… and America will descend in...The Freeport Society | SponsoredWhere AI is REALLY Going NextBuying Nvidia was a good idea – twenty years ago when I first recommended it (for up to 37,000% gains). 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