Canaccord Genuity lifts Surf Air Mobility Inc [SRFM] price estimate. Who else is bullish?

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Surf Air Mobility Inc [NYSE: SRFM] price surged by 16.09 percent to reach at $1.22.

A sum of 22666535 shares traded at recent session while its average daily volume was at 6.18M shares. Surf Air Mobility Inc shares reached a high of $9.91 and dropped to a low of $7.05 until finishing in the latest session at $8.8.

The one-year SRFM stock forecast points to a potential downside of -151.43. The average equity rating for SRFM stock is currently 2.00, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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.

SRFM Stock Performance Analysis:

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 114.63. With this latest performance, SRFM shares gained by 250.60% in over the last four-week period, additionally plugging by 74.26% over the last 6 months – not to mention a rise of 63.27% in the past year of trading.

Insight into Surf Air Mobility Inc Fundamentals:

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%.

SRFM Stock EPS

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%.

Surf Air Mobility Inc [SRFM] Institutonal Ownership Details

There are presently around $11.76%, or 15.49% of SRFM stock, in the hands of institutional investors.

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