Surf Air Mobility Inc has a consensus price target of $2.2 based on the ratings of 3 analysts. The high is $4 issued by Piper Sandler on September 8, 2023. The low is $0.4 issued by Bernstein on May 28, 2024. The 3 most-recent analyst ratings were released by Canaccord Genuity, Canaccord Genuity, and Bernstein on November 18, 2024, August 27, 2024, and May 28, 2024, respectively. With an average price target of $1.6 between Canaccord Genuity, Canaccord Genuity, and Bernstein, there's an implied -18.37% downside for Surf Air Mobility Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Surf Air Mobility (NYSE:SRFM) was reported by Canaccord Genuity on November 18, 2024. The analyst firm set a price target for $2.20 expecting SRFM to rise to within 12 months (a possible 12.24% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Surf Air Mobility (NYSE:SRFM) was provided by Canaccord Genuity, and Surf Air Mobility maintained their hold rating.
There is no last upgrade for Surf Air Mobility
The last downgrade for Surf Air Mobility Inc happened on May 28, 2024 when Bernstein changed their price target from $3.62 to $0.4 for Surf Air Mobility Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Surf Air Mobility, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Surf Air Mobility was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Surf Air Mobility (SRFM) rating was a maintained with a price target of $2.20 to $2.20. The current price Surf Air Mobility (SRFM) is trading at is $1.96, which is out of the analyst’s predicted range.
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