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How to Buy Surf Air Mobility Stock

Surf Air Mobility Inc

Surf Air Mobility is a airport company located in California, United States, which is part of the Industrials sector, and is traded under the ticker SRFM on the NYSE exchange.

Surf Air Mobility stock last closed at $0.42, down 5.59% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Airports & Air Services industry by N/A percentage points. Surf Air Mobility stock is currently +11.05% from its 52-week low of $0.38, and -91.56% from its 52-week high of $5.00.

There are currently 80.77M SRFM shares outstanding. The market value of SRFM is $34.09M. In the last 24 hours, 108,014 SRFM shares were traded.

How to Buy Surf Air Mobility Stock

Not sure how to invest in Surf Air Mobility stock? Here's how.
  1. Figure out where to buy Surf Air Mobility stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Surf Air Mobility stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Pick your payment method and add your info.
  4. Evaluate Surf Air Mobility stock: The Surf Air Mobility ticker symbol is SRFM. Is Surf Air Mobility stock a good investment? Should you buy shares of SRFM? How do SRFM's underlying business fundamentals look? Do top analysts think Surf Air Mobility is a good buy? Why has SRFM's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if SRFM is a good stock to buy).
  5. Make your SRFM buy order: Decide if you will purchase SRFM shares at the current market price or use a limit order to purchase SRFM shares at a given price.
  6. Keep an eye on your investment in SRFM: Create a watchlist to get the latest news on your investment in Surf Air Mobility shares.

Step 1: Figure out where to buy Surf Air Mobility stock

You will need an online brokerage account to access the NYSE market and buy SRFM shares.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal details so you are able to buy SRFM stock today.

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  1. Submit your information by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you've created your account on one of the most highly reviewed stock apps, you need to deposit funds:

Check out this video walkthrough for more details depositing funds into your new investment account.

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Step 4: Evaluate Surf Air Mobility stock

Once you have chosen the best place to buy Surf Air Mobility stock, it's important to analyze their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.

Overview of key SRFM info

SRFM Price
$0.42
1w %
-1.17%
1y %
N/A
5y %
N/A
P/E
-0.07x
P/B
-0.44x
P/S
0.28x
PEG
N/A
Revenue
$60.51M
Earnings
-$250.70M
Fore. Rev. Growth
77.46%
Fore. Earn. Growth
N/A
Market Cap
$34.09M
Next Earnings
N/A
Next Dividend
N/A

SRFM Zen Score

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on SRFM's stock page.

Is SRFM stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge SRFM's fair value.

You can access more valuation analysis on SRFM's stock here.

SRFM Financial Overview

Cons:

  • SRFM profit margin has gone down from -366.8% to -414.3% in the past year.
  • There are more long-term liabilities than short-term assets on the SRFM balance sheet.
  • There are more short-term liabilities than short-term assets on the SRFM balance sheet.
  • Total SRFM debt is still negative.
  • SRFM has $2.43M in cash and short term investments. This is not sufficient to cover its annual cash burn of $72.15M.
  • SRFM debt to equity ratio of -2.43 is negative.
  • SRFM has cash burn of 72149000. It does not have sufficient cash and short-term investments to cover this.

Is Surf Air Mobility stock a Buy, Hold, or Sell, according to analysts?

Out of 1 Equities analysts who give recommendations on SRFM, the consensus analyst rating on SRFM is a Strong Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Surf Air Mobility stock forecast page.

SRFM Momentum

SMA10
0.43
SMA20
0.45
SMA50
0.73
SMA100
0.96
SMA200
1.18
MACD
-0.09
MACD Signal
-0.1
MACD Histogram
0.01
RSI
34.1
Stochastic %K
19
Stochastic %D
15.98
StochRSI %K
67.3
StochRSI %D
52.97

How are SRFM Revenues/Earnings doing?

Last year, SRFM revenue was $60.51M. Over the past two year, SRFM's revenue has increased by 2.42% per year. This was slower than the Airports & Air Services industry average of 18.39%.

Dive into SRFM's earnings and revenue performance here.

Latest Insiders Trades at SRFM

In the last 12 months, insiders at SRFM have bought more shares than they have sold.

Carl A. Albert, Director of SRFM, was the latest SRFM insider to buy. They bought $71,881.70 worth of SRFM stock on Sep 14, 2023.

Dig into more about who owns SRFM shares here.

Does SRFM provide a stable income stream?

No, Surf Air Mobility doesn't provide an income stream by paying out dividends.

What do other traders have to say about SRFM?

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Make your SRFM buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price limit, place a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Keep an eye on your investment in SRFM

Now that you own some SRFM stock, you'll want to keep up with your new stock purchase.

Add SRFM to a watchlist to keep tabs on your SRFM stock.

SRFM Feed

How to Buy Stock in Surf Air Mobility

To reiterate, here are the 6 steps to buy Surf Air Mobility stock:

  1. Figure out where to buy Surf Air Mobility stock
  2. Sign up for a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Surf Air Mobility stock
  5. Make your SRFM buy order
  6. Keep an eye on your investment in SRFM

If you are looking for a brokerage account, eToro is our recommended option.

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If you want to get the latest news on your new investment in Surf Air Mobility, create your watchlist below.

NYSE: SRFM
$0.42-0.03 (-5.59%)
Updated May 10, 2024
Open eToro Account
NYSE: SRFM
$0.42-0.03 (-5.59%)
Updated May 10, 2024
Open eToro Account

FAQ

How much does it cost to buy one Surf Air Mobility share?

As of May 10, 2024, it costs $0.42 to buy one share of Surf Air Mobility stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.21, you can buy 0.5 shares of SRFM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Surf Air Mobility stock?

According to 1 Wall Street analysts who monitor Surf Air Mobility, their consensus recommendation is to buy Surf Air Mobility stock.

What is the best way to buy Surf Air Mobility stock?

One way to place an order for Surf Air Mobility stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.