
SurgePays (SURG) Stock Forecast & Price Target
SurgePays (SURG) Analyst Ratings
Bulls say
Surgepays Inc. reported a remarkable revenue growth of 292% year-over-year, reaching $19 million, indicating a strong rebound following challenges posed by the end of the ACP program in May 2024. The company's strategic focus on its LinkUp Mobile prepaid wireless brand, supported by its convenience store distribution partners, is anticipated to enhance growth, profitability, and customer loyalty. Furthermore, the company's outlook remains optimistic, with expectations of high growth driven by Lifeline and new product offerings, positioning Surgepays well within the expanding fintech and wireless markets for the underbanked community.
Bears say
SurgePays reported a significant decline in revenue for fiscal Q2 2025, totaling $12 million, which represents a 24% year-over-year decrease and falls short of both internal estimates and consensus expectations. The company's earnings per share (EPS) was recorded at $(0.36), which not only missed the company's projections but also was significantly worse than broader market estimates. This combination of declining revenue and greater-than-expected losses raises concerns about SurgePays's financial health and its ability to improve profitability in the near future, thereby contributing to a negative outlook on its stock.
This aggregate rating is based on analysts' research of SurgePays and is not a guaranteed prediction by Public.com or investment advice.
SurgePays (SURG) Analyst Forecast & Price Prediction
Start investing in SurgePays (SURG)
Order type
Buy in
Order amount
Est. shares
0 shares