Surf Air Mobility Inc [NYSE: SRFM] gained 12.84% or 4149996.73 points to close at $4150000.0000000005 with a heavy trading volume of 11725697 shares.
It opened the trading session at $3.4, the shares rose to $3.926 and dropped to $3.3, the range by which the price of stock traded the whole day. The daily chart for SRFM points out that the company has recorded 5.13% gains over the past six months.
If we look at the average trading volume of 4.15M shares, SRFM reached to a volume of 11725697 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Surf Air Mobility Inc [SRFM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SRFM shares is $3.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SRFM stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Canaccord Genuity have made an estimate for Surf Air Mobility Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 02, 2025. While these analysts kept the previous recommendation, Canaccord Genuity dropped their target price from $2.50 to $1. The new note on the price target was released on May 15, 2024, representing the official price target for Surf Air Mobility Inc stock. Previously, the target price had yet another raise to $4, while Piper Sandler analysts kept a Overweight rating on SRFM stock.
Trading performance analysis for SRFM stock
Surf Air Mobility Inc [SRFM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 93.19. With this latest performance, SRFM shares gained by 55.70% in over the last four-week period, additionally plugging by 5.13% over the last 6 months – not to mention a drop of -31.54% in the past year of trading.
Surf Air Mobility Inc [SRFM]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Surf Air Mobility Inc [SRFM] shares currently have an operating margin of -52.07% and a Gross Margin at -2.10%. Surf Air Mobility Inc’s Net Margin is presently recorded at -50.23%.
Return on Equity for this stock declined to -52.70%, with Return on Assets sitting at -52.70%.
Surf Air Mobility Inc [SRFM]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SRFM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Surf Air Mobility Inc go to 42.20%.
An analysis of Institutional ownership at Surf Air Mobility Inc [SRFM]
There are presently around $11.76%, or 15.15% of SRFM stock, in the hands of institutional investors.
