Surf Air Mobility upgraded by Canaccord Genuity with a new price target
$SRFM
Transportation Services
Consumer Discretionary
Canaccord Genuity upgraded Surf Air Mobility from Hold to Buy and set a new price target of $3.25
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/2/2025 | $3.25 | Hold → Buy | Canaccord Genuity |
| 5/15/2024 | $2.50 → $1.00 | Buy → Hold | Canaccord Genuity |
| 9/8/2023 | $4.00 | Overweight | Piper Sandler |
| 8/28/2023 | $3.00 | Buy | Canaccord Genuity |
| 8/22/2023 | Outperform | Bernstein |
Surf Air Mobility Inc. (NYSE:SRFM) (the "Company"), a leading regional air mobility platform, announced today the closing of its previously announced registered direct offering for the purchase and sale of 13,318,181 shares of common stock at a purchase price of $1.10 per share by certain institutional investors and the purchase and sale of 257,353 shares of common stock at a purchase price of $1.36 per share, the official New York Stock Exchange closing price for the common stock on April 17, 2026, by certain directors and officers of the Company (collectively, the "Offering"). The gross proceeds to the Company from the offering were approximately $15 million, before deducting financial
Surf Air Mobility Inc. (NYSE:SRFM): Fellow Shareholders, As we execute the 2026 plan, we are taking this moment to update you on what is working, what is not, and what we are doing about both. Convergence of AI-enabled software and electric aircraft will reshape the future of aviation. We are building the platform at the center of this transformation. SurfOS, the AI-enabled operating system we are building with Palantir, is the digital infrastructure of our platform. Two airlines, a growing charter business, and our electrification partnership with BETA Technologies are the proof points, and 2026 is the year our use of the platform starts showing up in the numbers. Improving 2026
Surf Air Mobility Inc. (NYSE:SRFM) ("Surf Air Mobility", or the "Company"), a leading air mobility platform, announced today that it has entered into a securities purchase agreement with certain institutional investors, and led by Surf Air Mobility's Co-Founder, for the purchase and sale of 13,318,181 shares of common stock at a purchase price of $1.10 per share in a registered direct offering. In addition, certain directors and officers of the Company have separately agreed to purchase 257,353 shares of common stock in the offering at a purchase price of $1.36 per share, the official New York Stock Exchange closing price for the common stock on April 17, 2026 (collectively, the "Offering")
Canaccord Genuity upgraded Surf Air Mobility from Hold to Buy and set a new price target of $3.25
Canaccord Genuity downgraded Surf Air Mobility from Buy to Hold and set a new price target of $1.00 from $2.50 previously
Piper Sandler initiated coverage of Surf Air Mobility with a rating of Overweight and set a new price target of $4.00
4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)
4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)
4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)
SC 13G/A - SURF AIR MOBILITY INC. (0001936224) (Subject)
SC 13G - SURF AIR MOBILITY INC. (0001936224) (Subject)
SC 13G/A - SURF AIR MOBILITY INC. (0001936224) (Subject)
8-K - SURF AIR MOBILITY INC. (0001936224) (Filer)
424B5 - SURF AIR MOBILITY INC. (0001936224) (Filer)
EFFECT - SURF AIR MOBILITY INC. (0001936224) (Filer)
4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)
4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)
4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)
Company Guidance Forecasts 20% to 30% Year-over-Year Revenue Growth for 2026 Fourth Quarter Revenue of $26.4 Million, Within the Guidance Range of $25.5 Million to $27.5 Million Fourth Quarter Adjusted EBITDA Loss of Just Under $8 Million, Within the Guidance Range of $8 Million to $6.5 Million Full Year Revenue of $106.6 Million, Meeting Previously Raised Guidance of Revenue Exceeding $105 Million Full Year Adjusted EBITDA Loss of $41.7 Million, Achieving Guidance of Profitable Airline Operations, Defined as Positive Adj. EBITDA Company Is Positioned to Expand Platform Strategy in 2026 Surf Air Mobility Inc. (NYSE:SRFM) ("Surf Air Mobility" or the "Company"), a leading air mobi
Surf Air Mobility Inc. (NYSE:SRFM) a leading air mobility platform, today announced that it will release its fourth quarter and year-end 2025 financial results after market close on Thursday, March 12, 2026, and will host a webcast at 5:00 pm ET the same day. Interested parties can register in advance to listen to the webcast here or can find a link on the ‘Events & Presentations' section of our investor relations website. Alternatively, listeners may dial into the call as follows: North America - Toll-Free (800) 715-9871 International (Toll) - (646) 307-1963 Conference ID: 4775356 About Surf Air Mobility Surf Air Mobility is a Los Angeles-based air mobility platform. With its AI-en
Third Quarter Revenue of $29.2 Million, Exceeding Guidance Range of $27 - $28.5 Million Third Quarter Adjusted EBITDA Loss of $9.9 Million, Meeting Guidance Range of $10 - $8.5 Million Loss Achieved Second Consecutive Quarter of Profitability in Airline Operations Company Entered into a Five-Year Agreement with Palantir, Expanding Relationship to Include Exclusivity for the Part 135 Regional Air Mobility Market Company Closed $100 Million Strategic Transaction in November to Fund SurfOS™ and Strengthen Balance Sheet Company Issues Fourth Quarter 2025 Guidance, Raises Full Year Revenue Guidance to at least $105 Million and Continues to Expect Full Year Profitability1 in Airline Ope
Mr. Pelsinger was formerly the Global Head of Corporate Development & Senior Counsel of Palantir Technologies. Surf Air Mobility Inc. (NYSE:SRFM) ("the Company", "Surf Air Mobility"), a leading regional air mobility platform, announced today the appointment of Shawn Pelsinger to the Company's Board of Directors, effective October 8, 2025. Mr. Pelsinger is currently Chief Legal Officer and Chief Administrative Officer of Acrisure, a global fintech provider of solutions across insurance, reinsurance, payroll, benefits, cybersecurity, and real estate services. Prior to joining Acrisure, Mr. Pelsinger was the Global Head of Corporate Development & Senior Counsel of Palantir Technologies (
Surf Air Mobility Inc. (NYSE:SRFM) ("the Company" or "Surf Air Mobility"), a leading regional air mobility platform, today announced the appointment of two new key positions to the Company's air mobility team. Bob Waltz has joined Surf Air Mobility as the Vice President of Flight Operations, effective March 1, 2025. Linda MacAskill has joined Surf Air Mobility as the Director of System Operations Center, effective December 1, 2024. Both Captain Waltz and Mrs. MacAskill will be located at Surf Air Mobility's new air operations center ("AOC") in Addison, TX, a suburb of Dallas, where the Company is actively hiring, including positions in Maintenance, Safety & Regulatory Compliance, Finance
Mr. Anderman previously served as General Counsel of SpaceX and COO/General Counsel of Lucasfilm Ltd. Surf Air Mobility Inc. (NYSE:SRFM) ("the Company","Surf Air"), a leading regional air mobility platform, announced the appointment of David Anderman to the Company's board of directors effective December 17, 2024. Mr. Anderman served as Chief Legal Officer of Surf Air from June 2023 to May 2024. Mr. Anderman currently serves as the Co-Founder and General Partner of Stellar Ventures, a venture fund investing in the next generation of space entrepreneurs. Mr. Anderman was General Counsel of SpaceX from June 2019 to December 2020, during which time he supported the launch of satellite inte