Ascendiant Capital Reiterates Rating on SURG $SURG

Key Points

  • Ascendiant Capital now rates SurgePays, Inc. ($SURG) "buy" with a $3.50 target.
  • The Street's average $SURG price target is $3.50 (Strong Buy).
  • $SURG last traded around $0.40.

Ascendiant Capital reiterated its rating on SurgePays, Inc. ($SURG) to a "buy" rating, with a price target of $3.50 in a recent research note.

SurgePays, Inc. ($SURG) Stock

Last price$0.40
Market cap$10.05M
Forward P/E8.00
PEG ratio0.48
Beta0.20
52-week low$0.40
52-week high$3.45
50-day MA$0.58
200-day MA$1.54
Current ratio0.27
Quick ratio0.23

SurgePays, Inc. Earnings

EPS (ttm)$-1.93
Revenue (ttm)$62.37M
Revenue growth51.1%
Net margin-64.9%
Next earningsMay 15, 2026

Analysts Set New Price Targets

ConsensusStrong Buy
Average target$3.50
High target$3.50
Low target$3.50
Analysts covering1

About SurgePays, Inc.

SurgePays, Inc., together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates in three segments: MVNO wireless brands; MVNE enablement platform (HERO); and point-of-sale (POS) and fintech services. The company offers mobile broadband solutions to consumers; ACH banking relationships and fintech transactions platform to convenience stores; prepaid wireless top-ups platform for convenience stores. SurgePays, Inc. is headquartered in Bartlett, Tennessee.

ExchangeNasdaqCM
SectorCommunication Services
IndustryTelecom Services
HeadquartersBartlett, TN
CEOMr. Kevin Brian Cox
Employees125

See Also

This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.