Is Surf Air Mobility Flying Under The Investor Radar? Analyst Weighs In

Lekha Gupta

Fri, Mar 7, 2025, 9:08 AM 1 min read

H.C. Wainwright expert Amit Dayal initiated sum connected Surf Air Mobility Inc. (NYSE:SRFM) with a Buy standing and price forecast of $12.

The expert writes that the institution is positioned for a meaningful turnaround owed to respective factors, specified arsenic a revamped absorption squad and ongoing translation of its determination aerial business.

The expert besides notes the company’s unsocial attack to electrical aviation, chiseled from eVTOLs, and strategical absorption connected consolidating the exertion and services constituent of the determination aerial question manufacture arsenic driving factors.

Dayal writes that the institution is poised to go the starring subordinate successful the U.S. determination aerial mobility (RAM) marketplace acknowledgment to improving financials that presumption the company’s aviation conception for profitability successful 2025.

The expert highlights the company’s enactment successful electrifying accepted take-off and landing craft arsenic a cardinal differentiator, positioning it to sustainably conscionable the increasing request successful the determination aerial mobility (RAM) market.

Also, a strategical concern with Palantir Technologies Inc., a 19.9% stakeholder, is expected to assistance span the industry’s exertion gap, adds the analyst.

The expert expects revenues of $99.7 cardinal successful 2025 and $112 cardinal successful 2026.

The institution expects to announce fourth-quarter results connected March 18, 2025.

Price Action: SRFM shares are up 0.79% astatine $3.81 astatine the past cheque Friday.

Read Next:

• Phoenix Motor Forecasts Tenfold Revenue Growth In 2024, Stock Jumps

Photo by Ground Picture connected Shutterstock.

UNLOCKED: 5 NEW TRADES EVERY WEEK. Click present to get apical commercialized ideas daily, positive unlimited entree to cutting-edge tools and strategies to summation an borderline successful the markets.

Get the latest banal investigation from Benzinga?

This nonfiction Is Surf Air Mobility Flying Under The Investor Radar? Analyst Weighs In primitively appeared connected Benzinga.com

© 2025 Benzinga.com. Benzinga does not supply concern advice. All rights reserved.