Symbols / SRFM Stock $1.14 -5.00% Surf Air Mobility Inc.

Industrials • Airlines • United States • NYQ
SRFM (Stock) Chart
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About

Surf Air Mobility Inc. engages in the air mobility business in the United States and internationally. Its air mobility platform provides scheduled commercial air service flights; and on-demand flights created for customers on an ad-hoc, by request basis. Surf Air Mobility Inc. was founded in 2011 and is headquartered in Hawthorne, California.

Stock Fundamentals
Scroll to Statements
Market Cap 111.60M Enterprise Value 180.30M Income -110.56M Sales 106.56M Book/sh -0.75 Cash/sh 0.17
Dividend Yield Payout 0.00% Employees 467 IPO P/E Forward P/E -0.19
PEG P/S 1.05 P/B -1.52 P/C EV/EBITDA -2.67 EV/Sales 1.69
Quick Ratio 0.12 Current Ratio 0.23 Debt/Eq LT Debt/Eq EPS (ttm) -3.15 EPS next Y -5.95
EPS Growth Revenue Growth -5.70% Earnings 2026-05-12 ROA -37.57% ROE ROIC
Gross Margin 3.92% Oper. Margin -97.84% Profit Margin -103.75% Shs Outstand 97.89M Shs Float 62.08M Short Float 14.68%
Short Ratio 4.35 Short Interest 52W High 9.91 52W Low 1.04 Beta 3.37 Avg Volume 2.98M
Volume 7.52M Target Price $7.12 Recom Buy Prev Close $1.20 Price $1.14 Change -5.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$7.13
Mean price target
2. Current target
$1.14
Latest analyst target
3. DCF / Fair value
$-7.85
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.14
Low
$2.25
High
$12.00
Mean
$7.13

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-16 main Canaccord Genuity Hold → Hold $2
2025-11-14 main Canaccord Genuity Hold → Hold $4
2025-08-18 main Canaccord Genuity Hold → Hold $4
2025-06-27 main Canaccord Genuity Hold → Hold $3
2025-06-10 main Piper Sandler Overweight → Overweight $4
2025-04-02 main Canaccord Genuity Hold → Hold $3
2025-03-20 main Canaccord Genuity Hold → Hold $4
2025-03-07 init HC Wainwright & Co. — → Buy $12
2024-12-13 main Canaccord Genuity Hold → Hold $4
2024-11-18 main Canaccord Genuity Hold → Hold $2
2024-08-27 main Canaccord Genuity Hold → Hold $2
2024-05-28 down Bernstein Outperform → Market Perform $0
2024-05-15 down Canaccord Genuity Buy → Hold $1
2024-04-01 main Canaccord Genuity Buy → Buy $3
2023-09-08 init Piper Sandler — → Overweight $4
2023-08-28 init Canaccord Genuity — → Buy $3
2023-08-22 init Bernstein — → Outperform $4
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-21 ALBERT CARL A Director 73,530 $1.10 $80,883
2026-04-21 D'AGOSTINO JOHN J Director 18,382 $1.10 $20,220
2026-04-21 HACK BRUCE L. Director 18,382 $1.10 $20,220
2026-04-21 SHAHANI SUDHIN Director 36,765 $1.10 $40,442
2026-04-21 WHITE DEANNA LEIGH Chief Executive Officer 18,382 $1.10 $20,220
2026-04-21 REEVES OLIVER Chief Financial Officer 18,382 $1.10 $20,220
2026-04-16 WHITE DEANNA LEIGH Chief Executive Officer 27,720 $1.31 $36,188
2026-04-16 REEVES OLIVER Chief Financial Officer 28,874 $1.31 $37,695
2026-04-10 WHITE DEANNA LEIGH Chief Executive Officer 200,000 $0.00 $0
2026-04-10 REEVES OLIVER Chief Financial Officer 150,000 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
106.56
-10.77%
119.42
+97.38%
60.51
+198.44%
20.27
Operating Revenue
106.56
-10.77%
119.42
+97.38%
60.51
+198.44%
20.27
Cost Of Revenue
111.67
-5.58%
118.28
+80.08%
65.68
+154.07%
25.85
Reconciled Cost Of Revenue
111.67
-5.58%
118.28
+80.08%
65.68
+154.07%
25.85
Gross Profit
-5.11
-544.61%
1.15
+122.22%
-5.17
+7.21%
-5.58
Operating Expense
71.76
+16.86%
61.41
-53.32%
131.55
+190.22%
45.33
Research And Development
10.30
-57.16%
24.04
+15.30%
20.85
+533.93%
3.29
Selling General And Administration
61.46
+64.49%
37.37
-66.25%
110.70
+163.33%
42.04
Selling And Marketing Expense
8.18
+8.82%
7.51
-25.07%
10.03
+92.33%
5.21
General And Administrative Expense
53.28
+78.50%
29.85
-70.35%
100.67
+173.38%
36.82
Other Gand A
53.28
+78.50%
29.85
-70.35%
100.67
+173.38%
36.82
Total Expenses
183.43
+2.09%
179.68
-8.90%
197.23
+177.09%
71.18
Operating Income
-76.87
-27.58%
-60.26
+55.93%
-136.72
-168.59%
-50.90
Total Operating Income As Reported
-76.87
-27.58%
-60.26
+69.38%
-196.77
-286.55%
-50.90
EBITDA
-88.44
-51.86%
-58.24
+76.45%
-247.27
-239.94%
-72.74
Normalized EBITDA
-75.96
-46.35%
-51.90
+62.02%
-136.67
-168.09%
-50.98
Reconciled Depreciation
9.29
+11.43%
8.34
+121.72%
3.76
+266.31%
1.03
EBIT
-97.73
-46.79%
-66.58
+73.48%
-251.03
-240.31%
-73.77
Total Unusual Items
-12.48
-97.00%
-6.33
+94.27%
-110.60
-408.28%
-21.76
Total Unusual Items Excluding Goodwill
-12.48
-97.00%
-6.33
+94.27%
-110.60
-408.28%
-21.76
Special Income Charges
-3.90
-172.32%
5.40
+108.94%
-60.37
-1114.47%
5.95
Other Special Charges
3.90
+172.32%
-5.40
-1755.83%
0.33
+105.48%
-5.95
Impairment Of Capital Assets
0.00
-100.00%
60.05
0.00
Net Income
-110.56
-47.59%
-74.91
+70.12%
-250.70
-237.13%
-74.36
Pretax Income
-110.94
-47.53%
-75.19
+70.40%
-254.00
-241.57%
-74.36
Net Non Operating Interest Income Expense
-13.21
-53.24%
-8.62
-190.23%
-2.97
-398.15%
-0.60
Interest Expense Non Operating
13.21
+53.24%
8.62
+190.23%
2.97
+398.15%
0.60
Net Interest Income
-13.21
-53.24%
-8.62
-190.23%
-2.97
-398.15%
-0.60
Interest Expense
13.21
+53.24%
8.62
+190.23%
2.97
+398.15%
0.60
Other Income Expense
-20.86
-229.91%
-6.32
+94.47%
-114.31
-400.00%
-22.86
Other Non Operating Income Expenses
-8.38
-69925.00%
0.01
+100.32%
-3.71
-236.48%
-1.10
Gain On Sale Of Security
-8.57
+26.92%
-11.73
+76.64%
-50.23
-81.26%
-27.71
Tax Provision
-0.38
-32.40%
-0.29
+91.31%
-3.30
0.00
Tax Rate For Calcs
0.00
-10.53%
0.00
-70.77%
0.00
0.00
Tax Effect Of Unusual Items
-0.04
-76.26%
-0.02
+98.33%
-1.44
0.00
Net Income Including Noncontrolling Interests
-110.56
-47.59%
-74.91
+70.12%
-250.70
-237.13%
-74.36
Net Income From Continuing Operation Net Minority Interest
-110.56
-47.59%
-74.91
+70.12%
-250.70
-237.13%
-74.36
Net Income From Continuing And Discontinued Operation
-110.56
-47.59%
-74.91
+70.12%
-250.70
-237.13%
-74.36
Net Income Continuous Operations
-110.56
-47.59%
-74.91
+70.12%
-250.70
-237.13%
-74.36
Minority Interests
0.68
Normalized Income
-98.12
-43.04%
-68.60
+51.53%
-141.53
-169.06%
-52.60
Net Income Common Stockholders
-110.56
-47.59%
-74.91
+70.12%
-250.70
-237.13%
-74.36
Diluted EPS
-5.80
+86.95%
-44.45
-319.48%
-10.60
Basic EPS
-5.80
+86.95%
-44.45
-319.48%
-10.60
Basic Average Shares
12.91
+128.98%
5.64
-19.66%
7.02
Diluted Average Shares
12.91
+128.98%
5.64
-19.66%
7.02
Diluted NI Availto Com Stockholders
-110.56
-47.59%
-74.91
+70.12%
-250.70
-237.13%
-74.36
Rent Expense Supplemental
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
131.68
+6.14%
124.06
+11.78%
110.99
+710.32%
13.70
Current Assets
30.92
-8.72%
33.88
+91.00%
17.74
+123.88%
7.92
Cash Cash Equivalents And Short Term Investments
12.67
-39.96%
21.11
+1127.15%
1.72
+28566.67%
0.01
Cash And Cash Equivalents
12.67
-39.96%
21.11
+1127.15%
1.72
+28566.67%
0.01
Cash Financial
12.67
-39.96%
21.11
+1127.15%
1.72
+28566.67%
0.01
Receivables
3.93
-7.70%
4.26
-14.26%
4.96
+2983.85%
0.16
Accounts Receivable
3.93
-7.70%
4.26
-14.26%
4.96
+2983.85%
0.16
Prepaid Assets
11.00
+79.73%
6.12
-26.20%
8.29
+13723.33%
0.06
Other Current Assets
3.32
+38.87%
2.39
-13.31%
2.76
-64.17%
7.70
Total Non Current Assets
100.76
+11.73%
90.18
-3.29%
93.25
+1514.77%
5.78
Net PPE
60.88
-2.34%
62.34
+1.89%
61.19
+3362.87%
1.77
Gross PPE
71.24
+3.83%
68.61
+7.95%
63.56
+2453.64%
2.49
Accumulated Depreciation
-10.35
-65.27%
-6.26
-164.23%
-2.37
-228.39%
-0.72
Buildings And Improvements
1.25
+7.51%
1.16
-1.78%
1.18
Machinery Furniture Equipment
4.99
+82.96%
2.73
+437.20%
0.51
-26.38%
0.69
Construction In Progress
3.97
+0.00%
3.97
-34.22%
6.04
0.00
Other Properties
13.32
-26.66%
18.16
+28.25%
14.16
+1138.93%
1.14
Leases
2.19
-4.74%
2.30
-7.18%
2.48
+277.90%
0.66
Goodwill And Other Intangible Assets
21.71
-13.29%
25.04
-12.12%
28.49
+856.11%
2.98
Goodwill
0.00
0.00
Other Intangible Assets
21.71
-13.29%
25.04
-12.12%
28.49
+856.11%
2.98
Non Current Prepaid Assets
0.70
+24.38%
0.57
-4.07%
0.59
0.00
Other Non Current Assets
17.46
+681.86%
2.23
-25.12%
2.98
+190.08%
1.03
Total Liabilities Net Minority Interest
186.54
-23.57%
244.06
+29.49%
188.47
-20.07%
235.79
Current Liabilities
133.61
+49.10%
89.61
-36.04%
140.11
+144.11%
57.40
Payables And Accrued Expenses
55.75
+4.22%
53.49
-27.85%
74.14
+138.45%
31.09
Payables
38.68
+3.25%
37.46
-32.39%
55.41
+128.18%
24.28
Accounts Payable
18.44
+2.56%
17.98
-4.66%
18.85
+46.26%
12.89
Other Payable
9.55
-4.08%
9.95
+188.16%
3.45
Current Accrued Expenses
17.07
+6.47%
16.03
-14.40%
18.73
+175.09%
6.81
Pensionand Other Post Retirement Benefit Plans Current
8.77
+47.59%
5.94
-77.80%
26.75
+1700.20%
1.49
Total Tax Payable
10.05
+30.08%
7.73
+0.74%
7.67
+19.02%
6.45
Current Debt And Capital Lease Obligation
51.16
+300.65%
12.77
-36.74%
20.19
+19.80%
16.85
Current Debt
47.25
+463.51%
8.38
-47.16%
15.87
-0.50%
15.95
Other Current Borrowings
47.25
+463.51%
8.38
-47.16%
15.87
-0.50%
15.95
Current Capital Lease Obligation
3.91
-10.76%
4.38
+1.53%
4.32
+378.29%
0.90
Current Deferred Liabilities
17.92
+3.05%
17.39
-8.51%
19.01
+143.11%
7.82
Current Deferred Revenue
17.92
+3.05%
17.39
-8.51%
19.01
+143.11%
7.82
Other Current Liabilities
0.01
-61.54%
0.01
-48.00%
0.03
-83.22%
0.15
Total Non Current Liabilities Net Minority Interest
52.93
-65.73%
154.44
+219.37%
48.36
-72.89%
178.39
Long Term Debt And Capital Lease Obligation
48.96
-38.59%
79.72
+192.43%
27.26
+103.53%
13.39
Long Term Debt
39.57
-41.14%
67.23
+226.09%
20.62
+56.81%
13.15
Long Term Capital Lease Obligation
9.38
-24.86%
12.49
+87.96%
6.64
+2600.81%
0.25
Tradeand Other Payables Non Current
0.00
0.00
0.00
0.00
Other Non Current Liabilities
3.87
-84.05%
24.27
+24.94%
19.43
+99.00%
9.76
Preferred Securities Outside Stock Equity
0.00
-100.00%
130.67
Stockholders Equity
-54.86
+54.28%
-120.00
-54.86%
-77.48
+65.11%
-222.09
Common Stock Equity
-54.86
+54.28%
-120.00
-54.86%
-77.48
+65.64%
-225.50
Capital Stock
0.01
+250.00%
0.00
+100.00%
0.00
-99.97%
3.42
Common Stock
0.01
+250.00%
0.00
+100.00%
0.00
+0.00%
0.00
Preferred Stock
0.00
0.00
0.00
-100.00%
3.41
Share Issued
73.08
+331.58%
16.93
+55.66%
10.88
+0.00%
10.88
Ordinary Shares Number
73.08
+331.58%
16.93
+55.66%
10.88
+0.00%
10.88
Additional Paid In Capital
733.13
+31.52%
557.44
+6.17%
525.05
+315.60%
126.33
Retained Earnings
-788.00
-16.32%
-677.44
-12.43%
-602.53
-71.25%
-351.84
Gains Losses Not Affecting Retained Earnings
0.00
Total Equity Gross Minority Interest
-54.86
+54.28%
-120.00
-54.86%
-77.48
+65.11%
-222.09
Total Capitalization
-15.29
+71.03%
-52.77
+7.21%
-56.87
+72.78%
-208.94
Working Capital
-102.69
-84.25%
-55.73
+54.46%
-122.38
-147.35%
-49.48
Invested Capital
31.96
+172.02%
-44.38
-8.25%
-41.00
+79.13%
-196.41
Total Debt
100.12
+8.25%
92.49
+94.92%
47.45
+56.88%
30.25
Net Debt
74.15
+36.04%
54.51
+56.79%
34.77
+19.51%
29.09
Capital Lease Obligations
13.30
-21.19%
16.87
+53.91%
10.96
+854.13%
1.15
Net Tangible Assets
-76.57
+47.21%
-145.04
-36.86%
-105.98
+52.91%
-225.07
Tangible Book Value
-76.57
+47.21%
-145.04
-36.86%
-105.98
+53.62%
-228.48
Current Notes Payable
0.00
Current Provisions
0.28
Derivative Product Liabilities
0.00
-100.00%
24.57
Dueto Related Parties Current
0.64
-64.36%
1.80
-92.91%
25.43
+414.07%
4.95
Dueto Related Parties Non Current
0.10
-99.80%
50.46
+2915.96%
1.67
0.00
Interest Payable
0.14
+22.81%
0.11
-40.00%
0.19
+196.88%
0.06
Preferred Stock Equity
3.41
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-64.16
-18.11%
-54.32
+15.61%
-64.37
-129.59%
-28.04
Cash Flow From Continuing Operating Activities
-64.16
-18.11%
-54.32
+15.61%
-64.37
-129.59%
-28.04
Net Income From Continuing Operations
-110.56
-47.59%
-74.91
+70.12%
-250.70
-237.13%
-74.36
Depreciation Amortization Depletion
9.29
+11.43%
8.34
+121.72%
3.76
+266.31%
1.03
Depreciation And Amortization
9.29
+11.43%
8.34
+121.72%
3.76
+266.31%
1.03
Other Non Cash Items
12.42
+109.05%
5.94
+164.80%
2.24
+4778.26%
0.05
Stock Based Compensation
10.06
+268.36%
-5.98
-112.38%
48.25
+287.50%
12.45
Provisionand Write Offof Assets
0.00
Asset Impairment Charge
0.00
-100.00%
60.05
0.00
Deferred Tax
-0.38
-32.40%
-0.29
+91.36%
-3.32
0.00
Deferred Income Tax
-0.38
-32.40%
-0.29
+91.36%
-3.32
0.00
Operating Gains Losses
4.86
+179.11%
-6.14
-1983.74%
0.33
+105.48%
-5.95
Unrealized Gain Loss On Investment Securities
8.57
-26.92%
11.73
-76.64%
50.23
+81.26%
27.71
Gain Loss On Sale Of PPE
0.95
+228.40%
-0.74
0.00
Change In Working Capital
1.57
-77.53%
6.97
-71.86%
24.79
+124.52%
11.04
Change In Receivables
0.33
-53.67%
0.71
+370.23%
-0.26
-79.45%
-0.15
Changes In Account Receivables
0.33
-53.67%
0.71
+370.23%
-0.26
-79.45%
-0.15
Change In Prepaid Assets
0.19
-80.45%
0.98
+201.88%
-0.96
-654.34%
0.17
Change In Payables And Accrued Expense
5.45
-65.08%
15.60
-39.55%
25.80
+264.79%
7.07
Change In Accrued Expense
3.36
-64.31%
9.42
-50.32%
18.95
+230.42%
5.74
Change In Payable
2.08
-66.27%
6.18
-9.73%
6.84
+412.35%
1.34
Change In Account Payable
2.49
-73.90%
9.53
+258.81%
2.66
+98.80%
1.34
Change In Other Working Capital
0.53
+112.25%
-4.33
-250.28%
2.88
-26.99%
3.95
Change In Other Current Assets
0.12
+131.31%
-0.40
+14.29%
-0.46
0.00
Change In Other Current Liabilities
-5.05
+9.38%
-5.58
-152.03%
-2.21
-24477.78%
-0.01
Investing Cash Flow
-5.71
-58.24%
-3.61
+49.17%
-7.10
-2282.55%
-0.30
Cash Flow From Continuing Investing Activities
-5.71
-58.24%
-3.61
+49.17%
-7.10
-2282.55%
-0.30
Net PPE Purchase And Sale
-3.25
-157.72%
-1.26
+83.36%
-7.59
-7564.65%
-0.10
Purchase Of PPE
-5.94
+49.52%
-11.76
-54.96%
-7.59
-7564.65%
-0.10
Sale Of PPE
2.68
-74.45%
10.49
0.00
Capital Expenditure
-8.39
+40.50%
-14.10
-81.33%
-7.78
-2510.07%
-0.30
Net Business Purchase And Sale
0.00
-100.00%
0.68
0.00
Net Intangibles Purchase And Sale
-2.46
-4.69%
-2.35
-1134.74%
-0.19
+4.52%
-0.20
Purchase Of Intangibles
-2.46
-4.69%
-2.35
-1134.74%
-0.19
+4.52%
-0.20
Financing Cash Flow
70.96
-8.05%
77.17
+5.73%
72.99
+163.76%
27.67
Cash Flow From Continuing Financing Activities
70.96
-8.05%
77.17
+5.73%
72.99
+163.76%
27.67
Net Issuance Payments Of Debt
10.30
-86.22%
74.75
+129.51%
32.57
+24.30%
26.20
Issuance Of Debt
68.06
-16.55%
81.55
+138.32%
34.22
+30.57%
26.21
Repayment Of Debt
-57.76
-749.37%
-6.80
-312.37%
-1.65
-32880.00%
-0.01
Long Term Debt Issuance
68.06
-16.55%
81.55
+167.36%
30.50
+16.39%
26.21
Long Term Debt Payments
-57.76
-749.37%
-6.80
-312.37%
-1.65
-32880.00%
-0.01
Net Long Term Debt Issuance
10.30
-86.22%
74.75
+159.07%
28.85
+10.12%
26.20
Short Term Debt Issuance
0.00
-100.00%
3.72
-47.71%
7.11
Net Short Term Debt Issuance
0.00
-100.00%
3.72
-47.71%
7.11
Net Common Stock Issuance
51.01
0.00
-100.00%
26.90
+41287.69%
0.07
Common Stock Payments
-0.38
0.00
+100.00%
-1.27
0.00
Repurchase Of Capital Stock
-0.38
0.00
+100.00%
-1.27
0.00
Proceeds From Stock Option Exercised
1.08
+5325.00%
0.02
-93.73%
0.32
+4457.14%
0.01
Net Other Financing Charges
8.57
+256.11%
2.41
-76.41%
10.20
Changes In Cash
1.09
-94.35%
19.24
+1166.89%
1.52
+329.46%
-0.66
Beginning Cash Position
21.68
+791.61%
2.43
+166.56%
0.91
-42.06%
1.57
End Cash Position
22.76
+5.02%
21.68
+791.61%
2.43
+166.56%
0.91
Free Cash Flow
-72.55
-6.03%
-68.43
+5.16%
-72.15
-154.63%
-28.34
Interest Paid Supplemental Data
9.12
+167.33%
3.41
+490.99%
0.58
0.00
Common Stock Issuance
51.39
0.00
-100.00%
28.18
+43246.15%
0.07
Issuance Of Capital Stock
51.39
0.00
-100.00%
31.18
+2027.99%
1.47
Net Preferred Stock Issuance
0.00
-100.00%
3.00
+114.29%
1.40
Preferred Stock Issuance
0.00
-100.00%
3.00
+114.29%
1.40
Sale Of Business
0.00
-100.00%
0.68
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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