Streetbeat News

SRFM

Surf Air Mobility Inc.

https://www.surfair.com

Industry

Airlines, Airports & Air Services

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

Open

1.80

Mkt cap

25M

Volume

160K

High

1.98

P/E Ratio

-0.10

52-wk high

11.83

Low

1.77

Div yield

N/A

52-wk low

0.90

Canaccord Genuity has maintained a Hold rating on Surf Air Mobility (NYSE:SRFM) and adjusted its price target to $2.2 following a reverse stock split of 1:7.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:20 pm

Palantir Technologies (PLTR) shares are rising following strong earnings and a new partnership with Microsoft (MSFT). The company reported better-than-expected EPS and sales, and the partnership aims to enhance data analytics and AI services for the U.S. Defense and Intelligence Community.

Portfolio Pulse from Dylan Berman

August 16, 2024 | 5:14 pm

Surf Air Mobility (SRFM) has announced its Q3 revenue forecast to be between $25 million and $28 million, which is below the estimated $29.417 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:47 pm

Surf Air Mobility Inc. (NYSE:SRFM) reported Q2 2024 GAAP EPS of $(0.33), missing the $(0.32) estimate, but achieved sales of $32.37M, beating the $29.42M estimate. EPS improved significantly from $(3.14) last year, and sales surged by 422.45% from $6.20M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:16 pm

Surf Air Mobility Inc. (NYSE:SRFM) has announced a new venture, Surf Air Technologies LLC, in collaboration with Palantir Technologies Inc. (NYSE:PLTR). The venture aims to develop AI-powered software tools for the advanced air mobility industry. Despite the announcement, SRFM shares dipped by 13.9%, while PLTR shares rose by 1.16%. Surf Air is also considering bringing in outside investors to fund the venture.

Portfolio Pulse from Nabaparna Bhattacharya

August 13, 2024 | 12:43 pm

Surf Air Technologies shares are trading higher after the company announced plans to form an AI-related venture called Surf Air Technologies. The 'SurfOS' platform will be powered by Palantir.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:35 am

Surf Air Mobility plans to form a new venture, Surf Air Technologies, which will deploy software tools for regional air operators. The core platform, 'SurfOS,' will be powered by Palantir Technologies. Surf Air is also considering outside investors for this venture.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:32 am

Surf Air Mobility has announced a 1-for-7 reverse stock split, with shares set to trade on an adjusted basis on the NYSE starting August 19th.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 6:45 am

The article highlights the performance of 12 industrial stocks during Thursday's after-market session. Notable gainers include Surf Air Mobility (SRFM), Simpple (SPPL), and Knightscope (KSCP), while significant losers include Dragonfly Energy Holdings (DFLI) and Paycor HCM (PYCR).

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 8:31 pm

Jabil Inc. (NYSE:JBL) shares fell 7.8% after reporting a 20.2% year-on-year decline in third-quarter revenue, despite beating analyst estimates. The company provided mixed guidance for the fourth quarter. Other stocks moving significantly include MGO Global, Inc. (NASDAQ:MGOL), Griid Infrastructure Inc. (NASDAQ:GRDI), and Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP), among others.

Portfolio Pulse from Avi Kapoor

June 20, 2024 | 5:26 pm

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