Surf Air Mobility Inc. (SRFM) Upgraded to Buy: Here's Why

Core Viewpoint - Surf Air Mobility Inc. (SRFM) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which have a strong correlation with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Company Performance Indicators - For the fiscal year ending December 2025, Surf Air Mobility Inc. is projected to earn -$3.37 per share, which remains unchanged from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Surf Air Mobility Inc. has increased by 4.4%, reflecting a positive outlook from analysts [8]. Zacks Rating System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell), and has shown an impressive track record of returns [7]. - Only the top 20% of Zacks-covered stocks receive a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [10].