Surf Air Mobility (SRFM) Is Up 19.0% After Q3 Beat, Outlook Hike And Palantir SurfOS Deal

• Surf Air Mobility recently reported Q3 2025 results that exceeded its own revenue guidance, raised its full-year outlook, maintained profitability expectations for airline operations, and expanded its SurfOS software platform through a new partnership with Palantir in the regional air mobility segment.
• Following these developments, Zacks upgraded Surf Air Mobility to a Rank #2, reflecting higher earnings estimates and a more positive earnings outlook tied to both its core airline business and its software ambitions.
• We’ll now examine how the upgraded earnings outlook, underpinned by the Palantir-powered SurfOS platform, reshapes Surf Air Mobility’s investment narrative.

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Surf Air Mobility Investment Narrative Recap

To own Surf Air Mobility, you have to believe regional air travel can be reshaped by a mix of asset-light airline operations and scalable software. The latest earnings beat, raised 2025 revenue guidance, and Zacks Rank upgrade support the near term catalyst of proving airline profitability, but they do little to reduce the larger risks around ongoing losses, funding needs, and the still-unproven economics of SurfOS.

The Palantir-powered SurfOS expansion, including exclusivity in the Part 135 regional segment, is the announcement most connected to this earnings-driven narrative. It gives Surf Air a clearer path to testing whether its software platform can move from concept to a real revenue contributor, which is central to the bullish thesis but still carries meaningful execution risk.

But even with the upgraded outlook, investors should be aware of how continued dilution and negative equity could...

Read the full narrative on Surf Air Mobility (it's free!)

Surf Air Mobility's narrative projects $258.5 million revenue and $17.6 million earnings by 2028.

Uncover how Surf Air Mobility's forecasts yield a $7.88 fair value, a 270% upside to its current price.

Exploring Other Perspectives

Seven members of the Simply Wall St Community currently see Surf Air Mobility’s fair value between US$5.00 and US$12.39 per share, showing very different expectations. Against that backdrop, the company’s reliance on unproven SurfOS monetization could significantly influence how those views evolve over time.

Explore 7 other fair value estimates on Surf Air Mobility - why the stock might be worth just $5.00!

Build Your Own Surf Air Mobility Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Surf Air Mobility research is our analysis highlighting 1 key reward and 4 important warning signs that could impact your investment decision.
• Our free Surf Air Mobility research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Surf Air Mobility's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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