Symbols / SRFM
SRFM Chart
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.
Fundamentals
Scroll to Statements| Sector | Industrials | Industry | Airlines | Market Cap | 124.55M |
| Enterprise Value | 185.19M | Income | -72.41M | Sales | 108.16M |
| Book/sh | -1.97 | Cash/sh | 0.14 | Dividend Yield | — |
| Payout | 0.00% | Employees | 620 | IPO | — |
| P/E | — | Forward P/E | -0.33 | PEG | — |
| P/S | 1.15 | P/B | -1.00 | P/C | — |
| EV/EBITDA | -5.50 | EV/Sales | 1.71 | Quick Ratio | 0.14 |
| Current Ratio | 0.25 | Debt/Eq | — | LT Debt/Eq | — |
| EPS (ttm) | -2.14 | EPS next Y | -5.95 | EPS Growth | — |
| Revenue Growth | 2.80% | Earnings | 2026-03-17 | ROA | -26.20% |
| ROE | — | ROIC | — | Gross Margin | 4.85% |
| Oper. Margin | -56.56% | Profit Margin | -66.95% | Shs Outstand | 63.22M |
| Shs Float | 36.42M | Short Float | 9.60% | Short Ratio | 1.07 |
| Short Interest | — | 52W High | 9.91 | 52W Low | 1.77 |
| Beta | 3.07 | Avg Volume | 3.81M | Volume | 1.07M |
| Target Price | $7.75 | Recom | None | Prev Close | $1.94 |
| Price | $1.97 | Change | 1.55% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$7.75
Mean price target
2. Current target
$2.02
Latest analyst target
3. DCF / Fair value
$-27.12
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.02
Low
$3.50
High
$12.00
Mean
$7.75
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 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 |
- Surf Air: SRFM Stock To $25? - Forbes ue, 18 Nov 2025 08
- Surf Air (SRFM) Invests $26M to Develop SurfOS - Yahoo Finance Sat, 03 Jan 2026 08
- Hawaii's shortest flights become Surf Air's testbed for electrified aircraft - Stock Titan hu, 22 Jan 2026 08
- $SRFM stock is up 8% today. Here's what we see in our data. - Quiver Quantitative ue, 02 Dec 2025 08
- 1 Penny Stock Wall Street Predicts Will Soar More Than 450% in 2026 - Barchart.com Sun, 30 Nov 2025 08
- Surf Air Mobility: Huge Potential But Weak Fundamentals And Dilution Risks (NYSE:SRFM) - Seeking Alpha ue, 20 Jan 2026 08
- Surf Air Mobility Inc. (SRFM) Upgraded to Buy: Here's Why - Nasdaq Mon, 22 Dec 2025 08
- Surf Air Mobility Stock: The Upside Case - Trefis Mon, 17 Nov 2025 08
- Surf Air Mobility Inc.'s (NYSE:SRFM) 32% Cheaper Price Remains In Tune With Revenues - simplywall.st hu, 12 Feb 2026 08
- Surf Air Mobility (SRFM): Valuation in Focus After $100M Strategic Funding and Stronger Q3 Revenue Guidance - Sahm Fri, 28 Nov 2025 06
- Surf Air Mobility (NYSE: SRFM) to join H.C. Wainwright AeroNext virtual conference Dec. 10 - Stock Titan Mon, 01 Dec 2025 08
- Surf Air Mobility Stock (SRFM) Opinions on Q2 2025 Earnings Anticipation - Quiver Quantitative hu, 07 Aug 2025 07
- Surf Air Mobility has big eVTOL plans in Hawaii (SRFM:NYSE) - Seeking Alpha ue, 27 Jan 2026 08
- Surf Air Mobility (SRFM) Deepens Palantir Ties: Can SurfOS Become Its Core Competitive Edge? - Yahoo Finance Mon, 22 Dec 2025 08
- Surf Air Mobility (SRFM): Revisiting Valuation After Q3 Beat, Upgraded Outlook and New Palantir Partnership - Yahoo Finance ue, 23 Dec 2025 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 303250 | — | — | Stock Award(Grant) at price 0.00 per share. | WHITE DEANNA LEIGH | Chief Executive Officer | — | 2025-12-30 00:00:00 | D |
| 1 | 63352 | — | — | Stock Award(Grant) at price 0.00 per share. | PELSINGER SHAWN KIRBY | Director | — | 2025-10-08 00:00:00 | D |
| 2 | 6022 | — | — | Stock Gift at price 0.00 per share. | D'AGOSTINO JOHN J | Director | — | 2025-08-26 00:00:00 | D |
| 3 | 96581 | — | — | Stock Award(Grant) at price 0.00 per share. | ALBERT CARL A | Director | — | 2025-06-26 00:00:00 | D |
| 4 | 96581 | — | — | Stock Award(Grant) at price 0.00 per share. | PAINTER TYLER W | Director | — | 2025-06-26 00:00:00 | D |
| 5 | 96581 | — | — | Stock Award(Grant) at price 0.00 per share. | D'AGOSTINO JOHN J | Director | — | 2025-06-26 00:00:00 | D |
| 6 | 96581 | — | — | Stock Award(Grant) at price 0.00 per share. | BLAND TYRONE D. | Director | — | 2025-06-26 00:00:00 | D |
| 7 | 96581 | — | — | Stock Award(Grant) at price 0.00 per share. | HACK BRUCE L. | Director | — | 2025-06-26 00:00:00 | D |
| 8 | 96581 | — | — | Stock Award(Grant) at price 0.00 per share. | MADY EDWARD A | Director | — | 2025-06-26 00:00:00 | D |
| 9 | 40583 | 130225.0 | — | Sale at price 2.54 - 4.00 per share. | PAINTER TYLER W | Director | — | 2025-06-25 00:00:00 | I |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -24.07K | -1.44M | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.01 | 0.00 | 0.00 |
| NormalizedEBITDA | -51.90M | -136.67M | -50.98M | -33.21M |
| TotalUnusualItems | -6.33M | -110.60M | -21.76M | 615.00K |
| TotalUnusualItemsExcludingGoodwill | -6.33M | -110.60M | -21.76M | 615.00K |
| NetIncomeFromContinuingOperationNetMinorityInterest | -74.91M | -250.70M | -74.36M | -35.78M |
| ReconciledDepreciation | 8.34M | 3.76M | 1.03M | 1.05M |
| ReconciledCostOfRevenue | 118.28M | 65.68M | 25.85M | 15.55M |
| EBITDA | -58.24M | -247.27M | -72.74M | -32.59M |
| EBIT | -66.58M | -251.03M | -73.77M | -33.64M |
| NetInterestIncome | -8.62M | -2.97M | -596.00K | -2.14M |
| InterestExpense | 8.62M | 2.97M | 596.00K | 2.14M |
| NormalizedIncome | -68.60M | -141.53M | -52.60M | -36.40M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -74.91M | -250.70M | -74.36M | -35.78M |
| TotalExpenses | 179.68M | 197.23M | 71.18M | 45.15M |
| RentExpenseSupplemental | 0.00 | 0.00 | ||
| TotalOperatingIncomeAsReported | -60.26M | -196.77M | -50.90M | -33.35M |
| DilutedAverageShares | 12.91M | 5.64M | 7.02M | 7.02M |
| BasicAverageShares | 12.91M | 5.64M | 7.02M | 7.02M |
| DilutedEPS | -5.80 | -44.45 | -10.60 | -5.10 |
| BasicEPS | -5.80 | -44.45 | -10.60 | -5.10 |
| DilutedNIAvailtoComStockholders | -74.91M | -250.70M | -74.36M | -35.78M |
| NetIncomeCommonStockholders | -74.91M | -250.70M | -74.36M | -35.78M |
| NetIncome | -74.91M | -250.70M | -74.36M | -35.78M |
| MinorityInterests | 677.00K | |||
| NetIncomeIncludingNoncontrollingInterests | -74.91M | -250.70M | -74.36M | -35.78M |
| NetIncomeContinuousOperations | -74.91M | -250.70M | -74.36M | -35.78M |
| TaxProvision | -287.00K | -3.30M | 0.00 | 0.00 |
| PretaxIncome | -75.19M | -254.00M | -74.36M | -35.78M |
| OtherIncomeExpense | -6.32M | -114.31M | -22.86M | -294.00K |
| OtherNonOperatingIncomeExpenses | 12.00K | -3.71M | -1.10M | -909.00K |
| SpecialIncomeCharges | 5.40M | -60.37M | 5.95M | 691.00K |
| OtherSpecialCharges | -5.40M | 326.00K | -5.95M | -691.00K |
| ImpairmentOfCapitalAssets | 0.00 | 60.05M | 0.00 | |
| GainOnSaleOfSecurity | -11.73M | -50.23M | -27.71M | -76.00K |
| NetNonOperatingInterestIncomeExpense | -8.62M | -2.97M | -596.00K | -2.14M |
| InterestExpenseNonOperating | 8.62M | 2.97M | 596.00K | 2.14M |
| OperatingIncome | -60.26M | -136.72M | -50.90M | -33.35M |
| OperatingExpense | 61.41M | 131.55M | 45.33M | 29.60M |
| ResearchAndDevelopment | 24.04M | 20.85M | 3.29M | 2.96M |
| SellingGeneralAndAdministration | 37.37M | 110.70M | 42.04M | 26.64M |
| SellingAndMarketingExpense | 7.51M | 10.03M | 5.21M | 3.77M |
| GeneralAndAdministrativeExpense | 29.85M | 100.67M | 36.82M | 22.86M |
| OtherGandA | 29.85M | 100.67M | 36.82M | 22.86M |
| GrossProfit | 1.15M | -5.17M | -5.58M | -3.75M |
| CostOfRevenue | 118.28M | 65.68M | 25.85M | 15.55M |
| TotalRevenue | 119.42M | 60.51M | 20.27M | 11.80M |
| OperatingRevenue | 119.42M | 60.51M | 20.27M | 11.80M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 16.93M | 10.88M | 10.88M | 9.96M |
| ShareIssued | 16.93M | 10.88M | 10.88M | 9.96M |
| NetDebt | 54.51M | 34.77M | 29.09M | 22.75M |
| TotalDebt | 92.49M | 47.45M | 30.25M | 23.47M |
| TangibleBookValue | -145.04M | -105.98M | -228.48M | -178.26M |
| InvestedCapital | -44.38M | -41.00M | -196.41M | -152.85M |
| WorkingCapital | -55.73M | -122.38M | -49.48M | -53.64M |
| NetTangibleAssets | -145.04M | -105.98M | -225.07M | -174.97M |
| CapitalLeaseObligations | 16.87M | 10.96M | 1.15M | 0.00 |
| CommonStockEquity | -120.00M | -77.48M | -225.50M | -176.32M |
| PreferredStockEquity | 3.41M | 3.29M | ||
| TotalCapitalization | -52.77M | -56.87M | -208.94M | -172.62M |
| TotalEquityGrossMinorityInterest | -120.00M | -77.48M | -222.09M | -173.03M |
| StockholdersEquity | -120.00M | -77.48M | -222.09M | -173.03M |
| GainsLossesNotAffectingRetainedEarnings | 0.00 | 0.00 | ||
| RetainedEarnings | -677.44M | -602.53M | -351.84M | -277.48M |
| AdditionalPaidInCapital | 557.44M | 525.05M | 126.33M | 100.97M |
| CapitalStock | 2.00K | 1.00K | 3.42M | 3.48M |
| CommonStock | 2.00K | 1.00K | 1.00K | 186.00K |
| PreferredStock | 0.00 | 0.00 | 3.41M | 3.29M |
| TotalLiabilitiesNetMinorityInterest | 244.06M | 188.47M | 235.79M | 180.58M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 154.44M | 48.36M | 178.39M | 125.01M |
| OtherNonCurrentLiabilities | 24.27M | 19.43M | 9.76M | 5.91M |
| PreferredSecuritiesOutsideStockEquity | 0.00 | 130.67M | 118.69M | |
| DerivativeProductLiabilities | 0.00 | 24.57M | 0.00 | |
| DuetoRelatedPartiesNonCurrent | 50.46M | 1.67M | 0.00 | |
| TradeandOtherPayablesNonCurrent | 0.00 | 0.00 | 0.00 | |
| LongTermDebtAndCapitalLeaseObligation | 79.72M | 27.26M | 13.39M | 408.00K |
| LongTermCapitalLeaseObligation | 12.49M | 6.64M | 246.00K | 0.00 |
| LongTermDebt | 67.23M | 20.62M | 13.15M | 408.00K |
| CurrentLiabilities | 89.61M | 140.11M | 57.40M | 55.58M |
| OtherCurrentLiabilities | 13.00K | 25.00K | 149.00K | 19.00K |
| CurrentDeferredLiabilities | 17.39M | 19.01M | 7.82M | 5.16M |
| CurrentDeferredRevenue | 17.39M | 19.01M | 7.82M | 5.16M |
| CurrentDebtAndCapitalLeaseObligation | 12.77M | 20.19M | 16.85M | 23.06M |
| CurrentCapitalLeaseObligation | 4.38M | 4.32M | 903.00K | 0.00 |
| CurrentDebt | 8.38M | 15.87M | 15.95M | 23.06M |
| OtherCurrentBorrowings | 8.38M | 15.87M | 15.95M | 11.27M |
| CurrentNotesPayable | 0.00 | 11.79M | ||
| PensionandOtherPostRetirementBenefitPlansCurrent | 5.94M | 26.75M | 1.49M | 476.00K |
| CurrentProvisions | 282.00K | 872.00K | ||
| PayablesAndAccruedExpenses | 53.49M | 74.14M | 31.09M | 25.98M |
| CurrentAccruedExpenses | 16.03M | 18.73M | 6.81M | 8.08M |
| InterestPayable | 114.00K | 190.00K | 64.00K | 3.26M |
| Payables | 37.46M | 55.41M | 24.28M | 17.90M |
| OtherPayable | 9.95M | 3.45M | ||
| DuetoRelatedPartiesCurrent | 1.80M | 25.43M | 4.95M | 90.00K |
| TotalTaxPayable | 7.73M | 7.67M | 6.45M | 3.77M |
| AccountsPayable | 17.98M | 18.85M | 12.89M | 14.04M |
| TotalAssets | 124.06M | 110.99M | 13.70M | 7.56M |
| TotalNonCurrentAssets | 90.18M | 93.25M | 5.78M | 5.62M |
| OtherNonCurrentAssets | 2.23M | 2.98M | 1.03M | 2.98M |
| NonCurrentPrepaidAssets | 566.00K | 590.00K | 0.00 | |
| GoodwillAndOtherIntangibleAssets | 25.04M | 28.49M | 2.98M | 1.94M |
| OtherIntangibleAssets | 25.04M | 28.49M | 2.98M | 1.94M |
| Goodwill | 0.00 | 0.00 | ||
| NetPPE | 62.34M | 61.19M | 1.77M | 703.00K |
| AccumulatedDepreciation | -6.26M | -2.37M | -722.00K | -621.00K |
| GrossPPE | 68.61M | 63.56M | 2.49M | 1.32M |
| Leases | 2.30M | 2.48M | 656.00K | 622.00K |
| ConstructionInProgress | 3.97M | 6.04M | 0.00 | |
| OtherProperties | 18.16M | 14.16M | 1.14M | |
| MachineryFurnitureEquipment | 2.73M | 508.00K | 690.00K | 548.00K |
| BuildingsAndImprovements | 1.16M | 1.18M | ||
| CurrentAssets | 33.88M | 17.74M | 7.92M | 1.94M |
| OtherCurrentAssets | 2.35M | 2.76M | 7.70M | 1.20M |
| PrepaidAssets | 6.16M | 8.29M | 60.00K | |
| Receivables | 4.26M | 4.96M | 161.00K | 15.00K |
| AccountsReceivable | 4.26M | 4.96M | 161.00K | 15.00K |
| CashCashEquivalentsAndShortTermInvestments | 21.11M | 1.72M | 6.00K | 719.00K |
| CashAndCashEquivalents | 21.11M | 1.72M | 6.00K | 719.00K |
| CashFinancial | 21.11M | 1.72M | 6.00K | 719.00K |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -68.43M | -72.15M | -28.34M | -24.19M |
| RepurchaseOfCapitalStock | 0.00 | -1.27M | 0.00 | |
| RepaymentOfDebt | -6.80M | -1.65M | -5.00K | 0.00 |
| IssuanceOfDebt | 81.55M | 34.22M | 26.21M | 3.50M |
| IssuanceOfCapitalStock | 0.00 | 31.18M | 1.47M | 14.75M |
| CapitalExpenditure | -14.10M | -7.78M | -298.00K | -261.00K |
| InterestPaidSupplementalData | 3.41M | 577.00K | 0.00 | |
| EndCashPosition | 21.68M | 2.43M | 912.00K | 1.57M |
| BeginningCashPosition | 2.43M | 912.00K | 1.57M | 7.51M |
| ChangesInCash | 19.24M | 1.52M | -662.00K | -5.94M |
| FinancingCashFlow | 77.17M | 72.99M | 27.67M | 18.25M |
| CashFlowFromContinuingFinancingActivities | 77.17M | 72.99M | 27.67M | 18.25M |
| NetOtherFinancingCharges | 2.41M | 10.20M | -1.00K | |
| ProceedsFromStockOptionExercised | 20.00K | 319.00K | 7.00K | 1.00K |
| NetPreferredStockIssuance | 0.00 | 3.00M | 1.40M | 14.75M |
| PreferredStockIssuance | 0.00 | 3.00M | 1.40M | 14.75M |
| NetCommonStockIssuance | 0.00 | 26.90M | 65.00K | 1.00K |
| CommonStockPayments | 0.00 | -1.27M | 0.00 | |
| CommonStockIssuance | 0.00 | 28.18M | 65.00K | 1.00K |
| NetIssuancePaymentsOfDebt | 74.75M | 32.57M | 26.20M | 3.50M |
| NetShortTermDebtIssuance | 0.00 | 3.72M | 7.11M | 0.00 |
| ShortTermDebtIssuance | 0.00 | 3.72M | 7.11M | 0.00 |
| NetLongTermDebtIssuance | 74.75M | 28.85M | 26.20M | 3.50M |
| LongTermDebtPayments | -6.80M | -1.65M | -5.00K | 0.00 |
| LongTermDebtIssuance | 81.55M | 30.50M | 26.21M | 3.50M |
| InvestingCashFlow | -3.61M | -7.10M | -298.00K | -261.00K |
| CashFlowFromContinuingInvestingActivities | -3.61M | -7.10M | -298.00K | -261.00K |
| NetBusinessPurchaseAndSale | 0.00 | 678.00K | 0.00 | 0.00 |
| SaleOfBusiness | 0.00 | 678.00K | 0.00 | 0.00 |
| NetIntangiblesPurchaseAndSale | -2.35M | -190.00K | -199.00K | -124.00K |
| PurchaseOfIntangibles | -2.35M | -190.00K | -199.00K | -124.00K |
| NetPPEPurchaseAndSale | -1.26M | -7.59M | -99.00K | -137.00K |
| SaleOfPPE | 10.49M | 0.00 | ||
| PurchaseOfPPE | -11.76M | -7.59M | -99.00K | -137.00K |
| OperatingCashFlow | -54.32M | -64.37M | -28.04M | -23.93M |
| CashFlowFromContinuingOperatingActivities | -54.32M | -64.37M | -28.04M | -23.93M |
| ChangeInWorkingCapital | 6.97M | 24.79M | 11.04M | 8.25M |
| ChangeInOtherWorkingCapital | -4.33M | 2.88M | 3.95M | 2.08M |
| ChangeInOtherCurrentLiabilities | -5.58M | -2.21M | -9.00K | 458.00K |
| ChangeInOtherCurrentAssets | -396.00K | -462.00K | 0.00 | 1.00K |
| ChangeInPayablesAndAccruedExpense | 15.60M | 25.80M | 7.07M | 5.81M |
| ChangeInAccruedExpense | 9.42M | 18.95M | 5.74M | 2.89M |
| ChangeInPayable | 6.18M | 6.84M | 1.34M | 2.92M |
| ChangeInAccountPayable | 9.53M | 2.66M | 1.34M | 2.95M |
| ChangeInPrepaidAssets | 977.00K | -959.00K | 173.00K | -388.00K |
| ChangeInReceivables | 708.00K | -262.00K | -146.00K | 287.00K |
| ChangesInAccountReceivables | 708.00K | -262.00K | -146.00K | 287.00K |
| OtherNonCashItems | 5.94M | 2.24M | 46.00K | |
| StockBasedCompensation | -5.98M | 48.25M | 12.45M | 3.19M |
| UnrealizedGainLossOnInvestmentSecurities | 11.73M | 50.23M | 27.71M | 77.00K |
| ProvisionandWriteOffofAssets | 0.00 | -141.00K | ||
| AssetImpairmentCharge | 0.00 | 60.05M | 0.00 | |
| DeferredTax | -287.00K | -3.32M | 0.00 | |
| DeferredIncomeTax | -287.00K | -3.32M | 0.00 | |
| DepreciationAmortizationDepletion | 8.34M | 3.76M | 1.03M | 1.05M |
| DepreciationAndAmortization | 8.34M | 3.76M | 1.03M | 1.05M |
| OperatingGainsLosses | -6.14M | 326.00K | -5.95M | -574.00K |
| GainLossOnSaleOfPPE | -743.00K | 0.00 | ||
| NetIncomeFromContinuingOperations | -74.91M | -250.70M | -74.36M | -35.78M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for SRFM
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|