Electrifying Aviation | Surf Air Mobility aims to revolutionize the industry with hybrid-electric powertrains for existing airframes, accelerating sustainable aviation solutions |
Financial Turbulence | Despite $112.9M revenue estimate for FY2023, SRFM faces challenges with negative EBITDA projections through 2025 and a concerning cash burn rate |
Market Potential | Regional Air Mobility market could reach $12-18B by 2035, presenting significant growth opportunities for Surf Air's digital marketplace initiative |
Analyst Outlook | Mixed analyst views with price targets ranging from $0.40 to $2.20, reflecting uncertainties in Surf Air's profitability and growth trajectory |
Metrics to compare | SRFM | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipSRFMPeersSector | |
|---|---|---|---|---|
P/E Ratio | −0.8x | −4.9x | 12.1x | |
PEG Ratio | −0.02 | −0.02 | 0.03 | |
Price/Book | −1.5x | 2.3x | 1.4x | |
Price / LTM Sales | 0.8x | 0.6x | 1.2x | |
Upside (Analyst Target) | 360.4% | 10.7% | 24.4% | |
Fair Value Upside | Unlock | 1.0% | 8.0% | Unlock |
Surf Air Mobility Inc. engages in the air mobility business in the United States and internationally. Its air mobility platform provides scheduled commercial air service flights; and on-demand flights created for customers on an ad-hoc, by request basis. Surf Air Mobility Inc. was founded in 2011 and is headquartered in Hawthorne, California.