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SRFM
Upturn stock ratingUpturn stock rating

Surf Air Mobility Inc. (SRFM)

Upturn stock ratingUpturn stock rating
$2.66
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

04/01/2025: SRFM (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -37.29%
Avg. Invested days 43
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 56.43M USD
Price to earnings Ratio -
1Y Target Price 12.25
Price to earnings Ratio -
1Y Target Price 12.25
Volume (30-day avg) 246907
Beta -
52 Weeks Range 0.90 - 6.72
Updated Date 04/1/2025
52 Weeks Range 0.90 - 6.72
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -5.8

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-03-19
When -
Estimate -0.67
Actual 0.6

Profitability

Profit Margin -62.72%
Operating Margin (TTM) 28.91%

Management Effectiveness

Return on Assets (TTM) -32.04%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 116629439
Price to Sales(TTM) 0.47
Enterprise Value 116629439
Price to Sales(TTM) 0.47
Enterprise Value to Revenue 0.98
Enterprise Value to EBITDA -0.57
Shares Outstanding 16947000
Shares Floating 11204327
Shares Outstanding 16947000
Shares Floating 11204327
Percent Insiders 13.84
Percent Institutions 31.42

Analyst Ratings

Rating 3.5
Target Price 12.5
Buy 1
Strong Buy -
Buy 1
Strong Buy -
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Surf Air Mobility Inc.

stock logo

Company Overview

overview logo History and Background

Surf Air Mobility Inc. (SRFM) aims to revolutionize regional air travel through electrification and streamlined operations. Founded with the goal of making air travel more accessible and sustainable, it has evolved from a membership-based air travel service to a company focused on developing electric aircraft technology. The company went public via reverse merger in 2023.

business area logo Core Business Areas

  • Regional Air Mobility: Offers scheduled passenger flights on turboprop aircraft, primarily serving routes within California and Texas. Aims to transition this service to electric aircraft upon certification.
  • Electric Powertrain Development: Develops electric powertrains for existing and new aircraft, aiming to reduce emissions and operating costs.
  • Aircraft Sales and Leasing: Engages in aircraft sales and leasing activities to support its operational and development initiatives.

leadership logo Leadership and Structure

The company is led by a management team experienced in aviation and technology. Key executives include the CEO and CFO. The organizational structure is typical of a growth-stage technology company, with dedicated teams for flight operations, engineering, and business development.

Top Products and Market Share

overview logo Key Offerings

  • Scheduled Flights: Provides scheduled flights on routes within California and Texas. Market share is relatively small compared to major airlines. Competitors include commercial airlines like United, American, and Southwest on overlapping routes, and private aviation services. Revenue from scheduled flights is a primary source of income. No current specific market share for scheduled flights available.
  • Electric Powertrain Technology: Developing electric powertrain for the Cessna Caravan. Market share is speculative as the product is not yet commercially available. Competitors in this space include magniX and ZeroAvia. Revenue generation will depend on certification and adoption by aircraft operators. No current specific market share for electric powertrain technology available.

Market Dynamics

industry overview logo Industry Overview

The regional air mobility market is undergoing transformation, driven by demand for faster, more convenient travel and a growing focus on sustainability. Electric aviation is an emerging trend with potential to disrupt the industry.

Positioning

Surf Air Mobility aims to position itself as a leader in sustainable regional air travel by developing and deploying electric aircraft technology. Its competitive advantages include its existing operational infrastructure and strategic partnerships.

Total Addressable Market (TAM)

The total addressable market for regional air mobility and electric aviation is estimated to be in the billions of dollars. Surf Air Mobility is positioning itself to capture a significant share of this market through its technology development and operational expertise. Estimated TAM around $30B (Regional Air Mobility).

Upturn SWOT Analysis

Strengths

  • Early mover advantage in electric aviation for regional travel
  • Existing operational infrastructure
  • Strategic partnerships
  • Focus on sustainability

Weaknesses

  • High operating costs
  • Reliance on regulatory approvals
  • Limited market share
  • Dependence on capital raising

Opportunities

  • Growing demand for sustainable travel
  • Government incentives for electric aviation
  • Expansion of route network
  • Partnerships with airlines and airports

Threats

  • Competition from established airlines
  • Technological advancements by competitors
  • Economic downturns
  • Regulatory hurdles

Competitors and Market Share

competitor logo Key Competitors

  • ALGT
  • JBLU
  • SAVE

Competitive Landscape

Surf Air Mobility faces competition from established airlines and emerging electric aviation companies. Its competitive advantages include its existing operational infrastructure and strategic focus on sustainability. Disadvantages are that it is not profitable and needs constant capital.

Major Acquisitions

Southern Airways Corporation

  • Year: 2022
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Expanded route network and operational capabilities

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been driven by expansion of the route network and development of electric powertrain technology.

Future Projections: Future growth is projected to be driven by adoption of electric aircraft and expansion into new markets. Analyst estimates vary widely due to the uncertainty surrounding the company's technology development and regulatory approvals.

Recent Initiatives: Recent strategic initiatives include securing partnerships with aircraft manufacturers and airports, and advancing the certification process for its electric powertrain technology.

Summary

Surf Air Mobility aims to disrupt regional air travel with electric aviation. The company demonstrates innovation and a growing market, but faces hurdles with profitability. The company is innovating in the air travel industry, but it is operating in a highly regulated environment. The company needs to find a way to profitability.

Similar Companies

  • ALGT
  • JBLU
  • SAVE
  • JOBY
  • EH

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Earnings Calls and Investor Presentations
  • Press Releases
  • Market Reports (e.g., IBISWorld)
  • Financial News Outlets (e.g., Reuters, Bloomberg)

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Market share data may be estimated or based on limited information. Financial performance is subject to change. The AI-based rating is generated by an algorithm and should be interpreted with caution.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Surf Air Mobility Inc.

Exchange NYSE
Headquaters Hawthorne, CA, United States
IPO Launch date 2023-07-27
CEO & COO Ms. Deanna White
Sector Industrials
Industry Airlines
Full time employees 556
Full time employees 556

Surf Air Mobility Inc. operates as an electric aviation and air travel company in the United States. The company offers an air mobility platform with scheduled routes and on demand charter flights operated by third parties. Surf Air Mobility Inc. is headquartered in Hawthorne, California.

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