Surf Air Mobility Inc. experienced a significant price increase of 19.07%, crossing above its 5-day SMA amidst mixed market conditions, with the Nasdaq-100 down 0.16% and the S&P 500 up 0.05%.
This surge is attributed to Surf Air Mobility securing $100 million to accelerate the development of its SurfOS platform, which aims to enhance operational efficiency in the private aviation sector. The funding will support the integration of advanced AI technologies through a partnership with Palantir, positioning Surf Air to capture a larger share of the growing air mobility software market.
The implications of this funding and partnership are substantial, as they not only bolster Surf Air's competitive edge but also signal a strong market outlook for the company's innovative solutions in the aviation industry.
Wall Street analysts forecast SRFM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SRFM is 7.75 USD with a low forecast of 3.50 USD and a high forecast of 12.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
Wall Street analysts forecast SRFM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SRFM is 7.75 USD with a low forecast of 3.50 USD and a high forecast of 12.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 2.120
Low
3.50
Averages
7.75
High
12.00
Current: 2.120
Low
3.50
Averages
7.75
High
12.00
Canaccord
George Gianarikas
Buy
downgrade
2025-11-14
Reason
Canaccord
George Gianarikas
Price Target
AI Analysis
2025-11-14
downgrade
Buy
Reason
Canaccord analyst George Gianarikas lowered the firm's price target on Surf Air Mobility to $3.50 from $3.75 and keeps a Buy rating on the shares. The firm said Q3/25 reflected another quarter of execution on the company's broader transformation plan, highlighted by a second consecutive quarter of profitability in the airline business. The company remains persistent in strengthening its balance sheet by paying down debt though there is dilution risk from the convert, and now has cash runway capable of maintaining operations for at least the near to medium term.
Canaccord
Hold
maintain
$3
2025-08-18
Reason
Canaccord
Price Target
$3
2025-08-18
maintain
Hold
Reason
Canaccord raised the firm's price target on Surf Air Mobility to $3.75 from $3 and keeps a Hold rating on the shares. The firm updated its model following results and nted management's update on its transformation plan among other recent developments within the business. Canaccord remains encouraged by the copmany's progress on right-sizing passenger flight operations and reducing the overall cost structure of the business.
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Canaccord
Hold
downgrade
$3
2025-06-27
Reason
Canaccord
Price Target
$3
2025-06-27
downgrade
Hold
Reason
Canaccord lowered the firm's price target on Surf Air Mobility to $3 from $3.25 and keeps a Hold rating on the shares. The firm noted the company announced it is raising approximately $27M through the sale of additional equity in the company and with the dilution, the price target was adjusted.
Piper Sandler
Overweight
maintain
$3 -> $4
2025-06-10
Reason
Piper Sandler
Price Target
$3 -> $4
2025-06-10
maintain
Overweight
Reason
Piper Sandler raised the firm's price target on Surf Air Mobility to $4 from $3 and keeps an Overweight rating on the shares following Q1 results and FY25 guidance. The firm notes the company expects FY25 revenue of $100M, representing a year-over-year decline of 16%. Falling revenue is due to management's decision to exit unprofitable routes. Surf Air Mobility's transformation plan should enable profitable growth in the future, Piper argues.
About SRFM
Surf Air Mobility Inc. provides a regional air mobility platform. The Air Mobility business is a regional air mobility platform providing scheduled service and an on-demand charter marketplace to passengers in the United States and globally. The Company is developing powertrain technologies with its commercial partners to electrify existing fleets and new aircraft. It is engaged in expanding the category of regional air travel, connecting underutilized regional airports and private terminals to create a shared private customer experience and a high frequency commercial-like air service, using small turboprop aircraft. It provides both scheduled routes and on-demand charter flights operated by third parties. It is also a passenger operator of Cessna Grand Caravan EXs in the United States by scheduled departures. The Company serves approximately 370,000 passengers with over 72,000 scheduled departures.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
