Sources: SRFM Website. SRFM Presentation. -----
As mentioned above, (NYSE: SRFM) has several potential catalysts to consider going into this week. Take a look:
No. 1 SRFM Potential Catalyst - This Profile Has A Low Float.
According to info from the Yahoo Finance website, SRFM has a fairly low float.
The website reports this profile to have roughly 10.9Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility potential. -----
No. 2 SRFM Potential Catalyst - An Insider Purchase Of Over 400K Shares Signals Confidence.
Surf Air Mobility Announces $1Mn Purchase of Company St-ock by Co-Founder
Co-Founder and Member of the Board, Sudhin Shahani, purchased over 400,000 shares of Surf Air Mobility Inc. Common st-ock at market price
LOS ANGELES, May 28, 2025--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) ("the Company", "Surf Air Mobility"), a leading regional air mobility platform, announced that Co-Founder and Member of the Board, Sudhin Shahani, purchased 408,163 shares of the Company’s common st-ock at the market price, for a purchase price of approximately $1Mn, directly from the Company in a private transaction.
Mr. Shahani said: "Our Transformation Plan is already having an early impact. We've improved operations and strengthened the core business. I’m confident in our experienced leadership team's continued execution capabilities."
...
Read the full article here. -----
No. 3 SRFM Potential Catalyst - Stonegate Capital Partners Updates Coverage On Surf Air Mobility Inc. (Mid-Point Target Of $8.82).
Stonegate Capital Partners updated its coverage on Surf Air Mobility Inc. (NYSE: SRFM) last month.
With a mid-point target of $8.82, there may be as much as 240% potential upside from today's closing valuation for SRFM.
Here's some highlights from the report:
- Reporting Q1 2025 revenue of $23.5Mn, adj. EBITDA of ($14.4Mn), and adj. EPS of ($1.09), in line with guidance despite some operational downtime.
- The company is transitioning from transformation to optimization, focusing on cost reductions and pro-fit-ability...
- Surf Air is refining its route network, advancing its AI-driven SurfOS platform, and progressing on electric powertrain technology for the Cessna Caravan...
- Management expects tariffs to have minimal impact and projects positive adj. EBITDA (for FY 2025).
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No. 4 SRFM Potential Catalyst - Another Analyst Target Suggests Substantial, Triple-Digit Upside Potential.
Back in March, H.C. Wainwright analyst, Amit Dayal, initiated coverage on Surf Air Mobility Inc. (NYSE:SRFM) with a price forecast of $12.
From today's close, the target suggests a potential upside over 350%!
The analyst wrote that the company is positioned for a meaningful turnaround due to several factors, such as a revamped management team and ongoing transformation of its regional air business.
He also noted the company’s unique approach to electric aviation, distinct from eVTOLs, and strategic focus on consolidating the technology and services component of the regional air travel industry as driving factors.
It was also noted that the company is poised to become the leading player in the U.S. regional air mobility (RAM) market thanks to improving financials that position the company’s aviation segment for profitability in 2025. -----
No. 5 SRFM Potential Catalyst - SRFM Subsidiary Mokulele Airlines Announces New Interline Agreement (Increases Exposure To International Market).
Mokulele Airlines and Japan Airlines Announce New Interline Agreement
Interline flights will connect the large air travel market between Japan and Hawaii by expanding direct flight access for Japan Airlines passengers to more Hawaiian airports.
Mokulele Airlines is an airline subsidiary brand of Surf Air Mobility.
LOS ANGELES, May 06, 2025--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the "Company" or "Surf Air Mobility"), a leading regional air mobility platform, today announced that Mokulele Airlines will launch a new interline agreement with Japan Airlines ("JAL"), a leading Japanese airline. This interline agreement expands direct flight connectivity between Japan and Hawaii via Mokulele Airlines, a subsidiary airline brand of Surf Air Mobility. Mokulele Airlines is the largest commuter airline in Hawaii by scheduled departures.
Travelers will be able to book connecting flights with Japan Airlines through Honolulu International Airport (HNL) to Mokulele Airline’s Hawaiian airports, including Molokai (MKK), Kapalua (JHM), Lana’i City (LNY), Hana (HNM), Waimea-Kohala (MUE), and Kailua-Kona (KOA).
Mokulele Airways passengers will have the ability to book connecting international flights to Japan via Japan Airlines.
This interline agreement will increase the Company’s exposure to the large international air travel market between Japan and Hawaii and will ensure a more seamless travel experience with single-ticket issuance for the entire trip and easier itinerary changes and communication in the event of schedule changes.
Deanna White, Surf Air Mobility’s CEO and COO said, "We’re excited to collaborate with Japan Airlines to connect their international passengers to more destinations across the Hawaiian Islands within our Mokulele Airlines network. With a more integrated booking and travel experience, we’re confident both of our customer bases will benefit from the expanded access and more seamless customer service."
...
Read the full article here. -----
(NYSE: SRFM) Recap - These 5 Potential Catalysts Could Draw Breakout Buzz!
No. 1 - This Profile Has A Low Float.
No. 2 - An Insider Purchase Of Over 400K Shares Signals Confidence.
No. 3 - Stonegate Capital Partners Updates Coverage On Surf Air Mobility Inc. (Mid-Point Target Of $8.82).
No. 4 - Another Analyst Target Suggests Substantial, Triple-Digit Upside Potential.
No. 5 - SRFM Subsidiary Mokulele Airlines Announces New Interline Agreement (Increases Exposure To International Market). -----
Coverage is officially reinitiated on Surf Air Mobility Inc. (NYSE: SRFM). I'll be in touch with updates when necessary.
Talk soon.
Sincerely, FierceAnalyst | Jaks Swift Editorial Writer
(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.) |
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