Symbols / SURG $0.84 -3.05%
SURG Chart
About
SurgePays, Inc., together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates in two segments, Mobile Virtual Network Operator (MVNO) Telecommunications and Comprehensive Platform Services. The company offers mobile broadband solutions to consumers; ACH banking relationships and fintech transactions platform to convenience stores; prepaid wireless top-ups platform for convenience store clerks to handle top-ups for wireless brands; and transaction and marketing solutions. SurgePays, Inc. is headquartered in Bartlett, Tennessee.
Fundamentals
Scroll to Statements| Sector | Communication Services | Industry | Telecom Services | Market Cap | 19.72M |
| Enterprise Value | 27.52M | Income | -42.02M | Sales | 50.37M |
| Book/sh | -0.32 | Cash/sh | 0.12 | Dividend Yield | — |
| Payout | 0.00% | Employees | 130 | IPO | — |
| P/E | — | Forward P/E | 15.30 | PEG | — |
| P/S | 0.39 | P/B | -2.65 | P/C | — |
| EV/EBITDA | -0.71 | EV/Sales | 0.55 | Quick Ratio | 0.39 |
| Current Ratio | 0.52 | Debt/Eq | — | LT Debt/Eq | — |
| EPS (ttm) | -2.13 | EPS next Y | 0.06 | EPS Growth | — |
| Revenue Growth | 291.60% | Earnings | 2026-03-24 | ROA | -88.67% |
| ROE | -3.14% | ROIC | — | Gross Margin | -38.56% |
| Oper. Margin | -37.21% | Profit Margin | -83.42% | Shs Outstand | 23.43M |
| Shs Float | 15.38M | Short Float | 8.12% | Short Ratio | 5.72 |
| Short Interest | — | 52W High | 3.47 | 52W Low | 0.75 |
| Beta | 0.30 | Avg Volume | 244.03K | Volume | 43.24K |
| Target Price | $9.75 | Recom | None | Prev Close | $0.87 |
| Price | $0.84 | Change | -3.05% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$9.75
Mean price target
2. Current target
$0.86
Latest analyst target
3. DCF / Fair value
$-10.14
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.86
Low
$9.75
High
$9.75
Mean
$9.75
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-12-22 | main | Ascendiant Capital | Buy → Buy | $10 |
| 2025-10-03 | main | Ascendiant Capital | Buy → Buy | $10 |
| 2025-06-16 | main | Ascendiant Capital | Buy → Buy | $9 |
| 2025-04-22 | main | Ascendiant Capital | Buy → Buy | $9 |
| 2024-12-16 | main | Ascendiant Capital | Buy → Buy | $9 |
| 2024-06-06 | main | Ascendiant Capital | Buy → Buy | $10 |
| 2024-04-01 | main | Ascendiant Capital | Buy → Buy | $10 |
| 2024-03-13 | down | Maxim Group | Buy → Hold | — |
| 2022-02-28 | init | Maxim Group | — → Buy | $6 |
| 2022-01-24 | init | Ascendiant Capital | — → Buy | $7 |
- Buy one month, get one free: prepaid phone deal hits convenience stores - Stock Titan ue, 17 Mar 2026 12
- SURG Announces Promotion to Boost Subscriber Activations - GuruFocus ue, 17 Mar 2026 13
- SurgePays Launches Nationwide LinkUp Mobile Promotion to Accelerate Subscriber Growth - marketscreener.com ue, 17 Mar 2026 12
- Take Care Before Jumping Onto SurgePays, Inc. (NASDAQ:SURG) Even Though It's 26% Cheaper - simplywall.st hu, 22 Jan 2026 08
- $SURG stock is down 30% today. Here's what we see in our data. - Quiver Quantitative Wed, 21 Jan 2026 08
- Surgepays Inc (SURG) Q3 2025 Earnings Call Highlights: Record Revenue Surge Amid Operational ... - Yahoo Finance Wed, 12 Nov 2025 08
- Is Intuitive Surgical Stock Underperforming the Dow? - Barchart.com Wed, 25 Feb 2026 08
- Wireless fintech SurgePays sells 2M shares, raising $2.5M - Stock Titan Wed, 21 Jan 2026 08
- Intuitive Surgical vs. Stryker: Which MedTech Stock Has More Upside? - Zacks Investment Research Wed, 24 Dec 2025 08
- SurgePays, Inc. (SURG) Competitors - Meyka Wed, 04 Mar 2026 10
- SurgePays stock tumbles after announcing public offering - Investing.com ue, 20 Jan 2026 08
- SurgePays (SURG) Sets Public Offering at $1.25 Per Share - GuruFocus Wed, 21 Jan 2026 08
- Investors ignore increasing losses at SurgePays (NASDAQ:SURG) as stock jumps 14% this past week - simplywall.st Wed, 12 Nov 2025 08
- Surgepays Inc (SURG) Q2 2025 Earnings Call Highlights: Revenue Growth and Strategic ... - Yahoo Finance hu, 14 Aug 2025 07
- Wireless fintech SurgePays to sell new shares in underwritten deal - Stock Titan ue, 20 Jan 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 200000 | — | — | Stock Award(Grant) at price 0.00 per share. | EVERS ANTHONY GEORGE | Chief Financial Officer | — | 2025-12-31 00:00:00 | D |
| 1 | 38422 | 61647 | — | Purchase at price 1.60 - 1.62 per share. | MAY DAVID ALLEN | Director | — | 2025-12-10 00:00:00 | D |
| 2 | 63000 | 177282 | — | Sale at price 2.81 per share. | MAY DAVID ALLEN | Director | — | 2025-06-06 00:00:00 | D |
| 3 | 50000 | — | — | Stock Award(Grant) at price 0.00 per share. | KEYS DAVID N | Director | — | 2025-05-22 00:00:00 | D |
| 4 | 50000 | — | — | Stock Award(Grant) at price 0.00 per share. | WEISBERG LAURIE | Director | — | 2025-05-22 00:00:00 | D |
| 5 | 50000 | — | — | Stock Award(Grant) at price 0.00 per share. | SCHURFELD RICHARD EARL | Director | — | 2025-05-22 00:00:00 | D |
| 6 | 15073 | 41451 | — | Purchase at price 2.75 per share. | COX KEVIN BRIAN | Chief Executive Officer | — | 2025-05-16 00:00:00 | D |
| 7 | 35180 | 64084 | — | Sale at price 1.82 per share. | COX KEVIN BRIAN | Chief Executive Officer | — | 2024-12-03 00:00:00 | D |
| 8 | 36666 | 68199 | — | Sale at price 1.86 per share. | EVERS ANTHONY GEORGE | Chief Financial Officer | — | 2024-12-02 00:00:00 | D |
| 9 | 7808 | 13972 | — | Purchase at price 1.67 - 1.84 per share. | WEISBERG LAURIE | Director | — | 2024-11-25 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -316.54K | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.21 | 0.21 | 0.00 | 0.00 |
| NormalizedEBITDA | -39.71M | 20.08M | 1.86M | -7.30M |
| TotalUnusualItems | -1.51M | 0.00 | 531.91K | 2.21M |
| TotalUnusualItemsExcludingGoodwill | -1.51M | 0.00 | 531.91K | 2.21M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -45.73M | 20.62M | -680.76K | -13.53M |
| ReconciledDepreciation | 1.29M | 1.11M | 988.70K | 917.47K |
| ReconciledCostOfRevenue | 75.08M | 101.46M | 108.02M | 44.73M |
| EBITDA | -41.22M | 20.08M | 2.39M | -5.10M |
| EBIT | -42.51M | 18.98M | 1.41M | -6.01M |
| NetInterestIncome | -448.81K | -595.98K | -1.96M | -7.52M |
| InterestExpense | 554.20K | 595.98K | 1.96M | 7.52M |
| InterestIncome | 105.39K | 0.00 | ||
| NormalizedIncome | -44.54M | 20.62M | -1.21M | -15.74M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -45.73M | 20.62M | -680.76K | -13.53M |
| TotalExpenses | 102.66M | 118.28M | 120.92M | 57.03M |
| TotalOperatingIncomeAsReported | -41.78M | 18.87M | 633.78K | -5.99M |
| DilutedAverageShares | 19.12M | 14.92M | 12.40M | 4.38M |
| BasicAverageShares | 19.12M | 14.26M | 12.40M | 4.38M |
| DilutedEPS | -2.39 | 1.38 | -0.05 | -3.09 |
| BasicEPS | -2.39 | 1.45 | -0.05 | -3.09 |
| DilutedNIAvailtoComStockholders | -45.73M | 20.62M | -680.76K | -13.53M |
| NetIncomeCommonStockholders | -45.73M | 20.62M | -680.76K | -13.53M |
| NetIncome | -45.73M | 20.62M | -680.76K | -13.53M |
| MinorityInterests | 208.55K | -26.71K | -127.53K | 0.00 |
| NetIncomeIncludingNoncontrollingInterests | -45.94M | 20.64M | -553.23K | -13.53M |
| NetIncomeContinuousOperations | -45.94M | 20.64M | -553.23K | -13.53M |
| TaxProvision | 2.87M | -2.27M | 0.00 | |
| PretaxIncome | -43.07M | 18.38M | -553.23K | -13.53M |
| OtherIncomeExpense | -836.62K | 110.20K | 779.55K | -45.68K |
| OtherNonOperatingIncomeExpenses | 636.87K | 336.73K | -2.28M | |
| SpecialIncomeCharges | -1.88M | 0.00 | 531.91K | 2.25M |
| GainOnSaleOfBusiness | 0.00 | 1.90M | ||
| OtherSpecialCharges | 194.86K | -524.14K | -377.74K | |
| WriteOff | 498.27K | 0.00 | -7.77K | 24.84K |
| ImpairmentOfCapitalAssets | 1.18M | 0.00 | ||
| EarningsFromEquityInterest | 33.86K | 110.20K | -89.08K | 28.68K |
| GainOnSaleOfSecurity | 369.16K | -42.77K | ||
| NetNonOperatingInterestIncomeExpense | -448.81K | -595.98K | -1.96M | -7.52M |
| InterestExpenseNonOperating | 554.20K | 595.98K | 1.96M | 7.52M |
| InterestIncomeNonOperating | 105.39K | 0.00 | ||
| OperatingIncome | -41.78M | 18.87M | 626.02K | -5.97M |
| OperatingExpense | 27.46M | 16.78M | 12.84M | 12.14M |
| DepreciationAmortizationDepletionIncomeStatement | 1.17M | 1.06M | 931.59K | 759.38K |
| DepreciationAndAmortizationInIncomeStatement | 1.17M | 1.06M | 931.59K | 759.38K |
| SellingGeneralAndAdministration | 26.29M | 15.71M | 11.91M | 11.38M |
| SellingAndMarketingExpense | 109.00K | 152.85K | 259.39K | 661.24K |
| GeneralAndAdministrativeExpense | 26.18M | 15.56M | 11.65M | 10.72M |
| OtherGandA | 10.48M | 7.97M | 5.34M | 6.05M |
| InsuranceAndClaims | 1.10M | 1.25M | 1.54M | 791.53K |
| SalariesAndWages | 14.61M | 6.34M | 4.78M | 3.87M |
| GrossProfit | -14.32M | 35.64M | 13.47M | 6.17M |
| CostOfRevenue | 75.21M | 101.50M | 108.07M | 44.89M |
| TotalRevenue | 60.88M | 137.14M | 121.54M | 51.06M |
| OperatingRevenue | 60.88M | 137.14M | 121.54M | 51.06M |
| Line Item | 2024-12-31 | 2023-12-31 | ||
|---|---|---|---|---|
| TreasurySharesNumber | 362.62K | 0.00 | ||
| OrdinarySharesNumber | 20.07M | 14.40M | 14.12M | 12.06M |
| ShareIssued | 20.43M | 14.40M | 14.12M | 12.06M |
| NetDebt | 636.31K | 908.50K | ||
| TotalDebt | 4.59M | 5.44M | 8.11M | 7.68M |
| TangibleBookValue | 10.54M | 23.92M | 156.78K | -749.21K |
| InvestedCapital | 19.34M | 33.29M | 12.66M | 10.74M |
| WorkingCapital | 11.81M | 20.66M | 4.10M | 3.89M |
| NetTangibleAssets | 10.54M | 23.92M | 156.78K | -748.95K |
| CapitalLeaseObligations | 567.30K | 399.41K | 438.90K | 488.25K |
| CommonStockEquity | 15.32M | 28.25M | 4.99M | 3.55M |
| PreferredStockEquity | 260.00 | |||
| TotalCapitalization | 17.65M | 28.71M | 10.01M | 9.06M |
| TotalEquityGrossMinorityInterest | 15.26M | 28.40M | 5.12M | 3.55M |
| MinorityInterest | -54.31K | 154.24K | 127.53K | 0.00 |
| StockholdersEquity | 15.32M | 28.25M | 4.99M | 3.55M |
| TreasuryStock | 631.97K | 0.00 | ||
| RetainedEarnings | -60.92M | -15.19M | -35.80M | -35.12M |
| AdditionalPaidInCapital | 76.84M | 43.42M | 40.78M | 38.66M |
| CapitalStock | 20.43K | 14.40K | 14.12K | 12.32K |
| CommonStock | 20.43K | 14.40K | 14.12K | 12.06K |
| PreferredStock | 0.00 | 260.00 | ||
| TotalLiabilitiesNetMinorityInterest | 8.71M | 13.52M | 28.89M | 15.95M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 2.65M | 816.80K | 5.42M | 5.95M |
| LongTermDebtAndCapitalLeaseObligation | 2.65M | 816.80K | 5.42M | 5.95M |
| LongTermCapitalLeaseObligation | 319.23K | 356.28K | 399.41K | 438.90K |
| LongTermDebt | 2.34M | 460.52K | 5.02M | 5.51M |
| CurrentLiabilities | 6.06M | 12.71M | 23.46M | 10.00M |
| OtherCurrentLiabilities | 13.02M | |||
| CurrentDeferredLiabilities | 0.00 | 20.00K | 243.11K | 276.25K |
| CurrentDeferredRevenue | 0.00 | 20.00K | 243.11K | 276.25K |
| CurrentDebtAndCapitalLeaseObligation | 1.94M | 4.63M | 2.69M | 1.73M |
| CurrentCapitalLeaseObligation | 248.07K | 43.14K | 39.49K | 49.35K |
| CurrentDebt | 1.69M | 4.58M | 2.65M | 1.68M |
| OtherCurrentBorrowings | 1.69M | 4.58M | 2.65M | 126.42K |
| LineOfCredit | 0.00 | |||
| CurrentNotesPayable | 1.11M | 1.55M | ||
| PayablesAndAccruedExpenses | 4.12M | 8.06M | 7.51M | 7.99M |
| Payables | 4.12M | 8.06M | 7.51M | 7.99M |
| DuetoRelatedPartiesCurrent | 192.84K | 1.05M | 1.73M | |
| TotalTaxPayable | 0.00 | 570.00K | 0.00 | |
| IncomeTaxPayable | 0.00 | 570.00K | 0.00 | |
| AccountsPayable | 3.93M | 6.44M | 5.78M | 7.99M |
| TotalAssets | 23.98M | 41.93M | 34.00M | 19.50M |
| TotalNonCurrentAssets | 6.11M | 8.56M | 6.44M | 5.61M |
| NonCurrentDeferredAssets | 0.00 | 2.83M | 0.00 | |
| NonCurrentDeferredTaxesAssets | 0.00 | 2.83M | 0.00 | |
| NonCurrentNoteReceivables | 176.85K | 176.85K | 176.85K | 176.85K |
| InvestmentsAndAdvances | 0.00 | 464.41K | 354.21K | 443.29K |
| LongTermEquityInvestment | 0.00 | 464.41K | 354.21K | 443.29K |
| InvestmentsinAssociatesatCost | 0.00 | 464.41K | 354.21K | 443.29K |
| GoodwillAndOtherIntangibleAssets | 4.77M | 4.33M | 4.83M | 4.30M |
| OtherIntangibleAssets | 1.47M | 2.67M | 3.17M | 3.43M |
| Goodwill | 3.30M | 1.67M | 1.67M | 866.78K |
| NetPPE | 1.16M | 749.71K | 1.07M | 687.12K |
| AccumulatedDepreciation | -1.02M | -727.20K | -445.67K | -165.79K |
| GrossPPE | 2.17M | 1.48M | 1.52M | 852.90K |
| Leases | 306.31K | 0.00 | 0.00 | |
| OtherProperties | 564.78K | 387.87K | 431.35K | 486.67K |
| MachineryFurnitureEquipment | 1.30M | 1.09M | 1.09M | 366.24K |
| Properties | 0.00 | 0.00 | 0.00 | |
| CurrentAssets | 17.87M | 33.37M | 27.56M | 13.89M |
| OtherCurrentAssets | 298.36K | 161.93K | 111.52K | |
| RestrictedCash | 1.00M | 0.00 | ||
| PrepaidAssets | 111.52K | 0.00 | ||
| Inventory | 1.78M | 9.05M | 11.19M | 4.36M |
| Receivables | 3.00M | 9.54M | 9.23M | 3.25M |
| DuefromRelatedPartiesCurrent | 0.00 | |||
| AccountsReceivable | 3.00M | 9.54M | 9.23M | 3.25M |
| AllowanceForDoubtfulAccountsReceivable | 0.00 | -17.52K | -17.52K | -137.22K |
| GrossAccountsReceivable | 3.00M | 9.55M | 9.25M | 3.39M |
| CashCashEquivalentsAndShortTermInvestments | 11.79M | 14.62M | 7.04M | 6.28M |
| CashAndCashEquivalents | 11.79M | 14.62M | 7.04M | 6.28M |
| CashFinancial | 11.79M | 14.62M | 7.04M | 6.28M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -21.83M | 10.01M | 94.69K | -15.34M |
| RepurchaseOfCapitalStock | -631.97K | 0.00 | 0.00 | |
| RepaymentOfDebt | -1.54M | -2.63M | -5.24M | -6.33M |
| IssuanceOfDebt | 0.00 | 6.70M | 8.52M | |
| IssuanceOfCapitalStock | 17.25M | 0.00 | 473.00 | 21.30M |
| CapitalExpenditure | -518.19K | -281.30K | -698.58K | -51.41K |
| InterestPaidSupplementalData | 470.21K | 222.33K | 523.00K | 866.68K |
| IncomeTaxPaidSupplementalData | 0.00 | 0.00 | 0.00 | 0.00 |
| EndCashPosition | 12.79M | 14.62M | 7.04M | 6.28M |
| BeginningCashPosition | 14.62M | 7.04M | 6.28M | 674.00K |
| ChangesInCash | -1.83M | 7.59M | 752.16K | 5.61M |
| FinancingCashFlow | 22.48M | -2.42M | 1.46M | 21.27M |
| CashFlowFromContinuingFinancingActivities | 22.48M | -2.42M | 1.46M | 21.27M |
| NetOtherFinancingCharges | -1.40M | -2.22M | ||
| ProceedsFromStockOptionExercised | 8.80M | 207.24K | 473.00 | |
| NetCommonStockIssuance | 16.62M | 0.00 | 473.00 | 21.30M |
| CommonStockPayments | -631.97K | 0.00 | 0.00 | |
| CommonStockIssuance | 17.25M | 0.00 | 473.00 | 21.30M |
| NetIssuancePaymentsOfDebt | -1.54M | -2.63M | 1.46M | 2.20M |
| NetLongTermDebtIssuance | -1.54M | -2.63M | 1.46M | 2.20M |
| LongTermDebtPayments | -1.54M | -2.63M | -5.24M | -6.33M |
| LongTermDebtIssuance | 0.00 | 6.70M | 8.52M | |
| InvestingCashFlow | -3.00M | -281.30K | -1.50M | -376.72K |
| CashFlowFromContinuingInvestingActivities | -3.00M | -281.30K | -1.50M | -376.72K |
| NetInvestmentPurchaseAndSale | 13.61K | 0.00 | ||
| SaleOfInvestment | 10.17M | 0.00 | ||
| PurchaseOfInvestment | -10.16M | 0.00 | ||
| NetBusinessPurchaseAndSale | -2.50M | 0.00 | -800.00K | -325.32K |
| PurchaseOfBusiness | -2.50M | 0.00 | -800.00K | -325.32K |
| NetIntangiblesPurchaseAndSale | 0.00 | -300.00K | 0.00 | |
| PurchaseOfIntangibles | 0.00 | -300.00K | 0.00 | |
| NetPPEPurchaseAndSale | -518.19K | 0.00 | -11.40K | -51.41K |
| PurchaseOfPPE | -518.19K | 0.00 | -11.40K | -51.41K |
| CapitalExpenditureReported | 0.00 | -281.30K | -387.18K | 0.00 |
| OperatingCashFlow | -21.31M | 10.29M | 793.27K | -15.29M |
| CashFlowFromContinuingOperatingActivities | -21.31M | 10.29M | 793.27K | -15.29M |
| ChangeInWorkingCapital | 13.19M | -13.88M | 178.75K | -2.68M |
| ChangeInOtherWorkingCapital | 2.81M | -3.06M | -33.14K | -167.05K |
| ChangeInOtherCurrentLiabilities | 148.66K | -13.06M | 12.97M | -153.58K |
| ChangeInOtherCurrentAssets | 0.00 | 61.46K | ||
| ChangeInPayablesAndAccruedExpense | -3.44M | 544.25K | 154.24K | 4.81M |
| ChangeInAccruedExpense | 570.00K | 0.00 | ||
| ChangeInPayable | -3.44M | 544.25K | 154.24K | 4.81M |
| ChangeInAccountPayable | -2.87M | -25.75K | 154.24K | 4.81M |
| ChangeInTaxPayable | -570.00K | 570.00K | ||
| ChangeInIncomeTaxPayable | -570.00K | 570.00K | ||
| ChangeInPrepaidAssets | -136.43K | -50.41K | -111.52K | 5.61K |
| ChangeInInventory | 7.27M | 2.14M | -6.88M | -4.26M |
| ChangeInReceivables | 6.54M | -395.72K | -5.92M | -2.99M |
| ChangesInAccountReceivables | 6.54M | -395.72K | -5.92M | -3.09M |
| OtherNonCashItems | 146.83K | 1.29M | -305.24K | 2.23M |
| StockBasedCompensation | 8.36M | 566.71K | 0.00 | 3.58K |
| ProvisionandWriteOffofAssets | 0.00 | 51.72K | 0.00 | |
| AssetImpairmentCharge | 1.68M | 90.01K | -59.48K | 24.84K |
| DepreciationAmortizationDepletion | 1.29M | 1.11M | 988.70K | 917.47K |
| DepreciationAndAmortization | 1.29M | 1.11M | 988.70K | 917.47K |
| AmortizationCashFlow | 222.83K | 129.06K | 653.51K | |
| AmortizationOfIntangibles | 222.83K | 129.06K | 653.51K | |
| Depreciation | 1.07M | 978.52K | 335.19K | 917.47K |
| OperatingGainsLosses | -47.48K | 466.42K | 492.05K | -2.25M |
| EarningsLossesFromEquityInvestments | -33.86K | -110.20K | 89.08K | -28.68K |
| GainLossOnInvestmentSecurities | -13.61K | 576.62K | 402.97K | 42.77K |
| GainLossOnSaleOfPPE | -371.66K | |||
| GainLossOnSaleOfBusiness | 0.00 | -1.90M | ||
| NetIncomeFromContinuingOperations | -45.94M | 20.64M | -553.23K | -13.53M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for SURG
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|