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Surf Air Mobility (SRFM) Stock Forecast & Price Target

$1.18
-0.07 (-5.60%)
(As of 12:39 PM ET)

Surf Air Mobility - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 3 Wall Street analysts who have issued ratings for Surf Air Mobility in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 3 have given a hold rating for SRFM.

Consensus Price Target

$4.00
238.98% Upside
High Forecast$7.00
Average Forecast$4.00
Low Forecast$2.20

According to the 3 analysts' twelve-month price targets for Surf Air Mobility, the average price target is $4.00. The highest price target for SRFM is $7.00, while the lowest price target for SRFM is $2.20. The average price target represents a forecasted upside of 238.98% from the current price of $1.18.

TypeCurrent Forecast
9/20/23 to 9/19/24
1 Month Ago
8/21/23 to 8/20/24
3 Months Ago
6/22/23 to 6/21/24
1 Year Ago
9/20/22 to 9/20/23
Consensus Rating
Hold
Hold
Hold
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
4 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$4.00$11.20$11.20$23.84
Forecasted Upside238.98% Upside119.08% Upside119.08% Upside142.78% Upside
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SRFM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SRFM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Surf Air Mobility Stock vs. The Competition

TypeSurf Air MobilityTransportation CompaniesS&P 500
Consensus Rating Score
2.00
2.55
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside238.98% Upside28.83% Upside6.74% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/27/2024Canaccord Genuity Group
1 of 5 stars
 Boost TargetHold ➝ Hold$1.00 ➝ $2.20+54.93%
5/28/2024Sanford C. Bernstein
4 of 5 stars
 Reiterated RatingOutperform ➝ Market Perform$25.34 ➝ $2.80+19.15%
9/7/2023Piper Sandler
2 of 5 stars
 Initiated CoverageOverweight$28.00+145.40%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:59 PM ET.

SRFM Forecast - Frequently Asked Questions

What is Surf Air Mobility's forecast for 2024?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Surf Air Mobility is $4.00, with a high forecast of $7.00 and a low forecast of $2.20.

Should I buy or sell Surf Air Mobility stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Surf Air Mobility in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street 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.

Does Surf Air Mobility's stock price have much upside?

According to analysts, Surf Air Mobility's stock has a predicted upside of 68.67% based on their 12-month stock forecasts.

What analysts cover Surf Air Mobility?

Surf Air Mobility has been rated by research analysts at Canaccord Genuity Group in the past 90 days.

Do Wall Street analysts like Surf Air Mobility more than its competitors?

Analysts like Surf Air Mobility less than other "transportation" companies. The consensus rating for Surf Air Mobility is Hold while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how SRFM compares to other companies.



This page (NYSE:SRFM) was last updated on 9/19/2024 by MarketBeat.com Staff
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