Ascendiant Capital Reiterates Rating on SURG $SURG

Written by Podchat · Published · Updated

Key Points

  • Ascendiant Capital now rates SurgePays, Inc. ($SURG) "buy" with a $3.50 target.
  • Ascendiant Capital's $3.50 price target implies 775.22% upside from SurgePays, Inc.'s ($SURG) current $0.40 share price.
  • The Street's average $SURG price target is $3.50.
  • $SURG last traded around $0.40.

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Ascendiant Capital reiterated its rating on SurgePays, Inc. ($SURG) to a "buy" rating in a recent research note and set a price target of $3.50, a 775.22% upside from the current price.

SurgePays, Inc. Stock Up 131.2%

Shares of SurgePays, Inc. ($SURG) traded around $0.40 on Saturday, up 131.2% for the day.

Last price$0.40
Market cap$4.20M
Forward P/E3.34
PEG ratio0.48
Beta0.31
52-week low$0.15
52-week high$3.14
50-day MA$0.30
200-day MA$0.89
Current ratio0.19
Quick ratio0.14

SurgePays, Inc. Earnings

EPS (ttm)-$1.46
Revenue (ttm)$67.06M
Revenue growth40.70%
Net margin-47.89%
Next earningsNov 11, 2026

Analysts Set New Price Targets

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
Websitehttps://surgepays.com

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