Surf Air Mobility (SRFM) Stock: Why It's Down Today
Updated Oct 19, 2026, 4:00 PM ET Β· closing price
- Closed at $0.85, -3.95% vs the prior close of $0.88.
- Volume 1.71M shares, 0.3x its 50-day average (light).
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
SRFM slides 4.0% to $0.85. Closed at $0.85, -3.95% vs the prior close of $0.88. Day range $0.84β$0.91, opened at $0.90.
SRFM daily analysis β what happened
A plain-English, data-only note for every US trading day (today's note updates every 2 hours while the market is open). Newest first; older days stay archived below.
Oct 19, 2026 β SRFM slides 4.0% to $0.85
- Closed at $0.85, -3.95% vs the prior close of $0.88. Day range $0.84β$0.91, opened at $0.90.
- Volume was 1.71M shares, 0.3x its 50-day average of 5.26M β lighter than usual.
- Price is +7.4% vs its 50-day average ($0.79) and -34.6% vs its 200-day average ($1.29).
- 52-week range $0.46β$4.99; today's close sits at 9% of that range, 83.1% below the 52-week high.
Oct 16, 2026 β SRFM slides 5.8% to $0.88
- Closed at $0.88, -5.81% vs the prior close of $0.94. Day range $0.87β$0.95, opened at $0.95.
- Volume was 2.53M shares, 0.5x its 50-day average of 5.24M β lighter than usual.
- Price is +11.7% vs its 50-day average ($0.79) and -32.2% vs its 200-day average ($1.30).
- 52-week range $0.46β$5.56; today's close sits at 8% of that range, 84.2% below the 52-week high.
Oct 15, 2026 β SRFM jumps 12.1% to $0.94
- Closed at $0.94, +12.11% vs the prior close of $0.83. Day range $0.80β$0.95, opened at $0.86.
- Volume was 4.20M shares, 0.8x its 50-day average of 5.20M.
- Price is +18.8% vs its 50-day average ($0.79) and -28.3% vs its 200-day average ($1.30).
- 52-week range $0.46β$5.85; today's close sits at 9% of that range, 84.0% below the 52-week high.
Oct 14, 2026 β SRFM slides 6.3% to $0.83
- Closed at $0.83, -6.29% vs the prior close of $0.89. Day range $0.81β$0.87, opened at $0.86.
- Volume was 2.67M shares, 0.5x its 50-day average of 5.19M β lighter than usual.
- Price is +6.3% vs its 50-day average ($0.78) and -36.3% vs its 200-day average ($1.31).
- 52-week range $0.46β$5.85; today's close sits at 7% of that range, 85.7% below the 52-week high.
Oct 13, 2026 β SRFM ends flat (+0.1%) to $0.89
- Closed at $0.89, +0.11% vs the prior close of $0.89. Day range $0.81β$0.90, opened at $0.86.
- Volume was 3.43M shares, 0.7x its 50-day average of 5.15M.
- Price is +13.4% vs its 50-day average ($0.78) and -32.3% vs its 200-day average ($1.32).
- 52-week range $0.46β$5.85; today's close sits at 8% of that range, 84.8% below the 52-week high.
Oct 12, 2026 β SRFM slides 6.0% to $0.89
- Closed at $0.89, -6.03% vs the prior close of $0.95. Day range $0.85β$0.94, opened at $0.94.
- Volume was 2.94M shares, 0.6x its 50-day average of 5.10M β lighter than usual.
- Price is +13.6% vs its 50-day average ($0.78) and -32.7% vs its 200-day average ($1.32).
- 52-week range $0.46β$6.17; today's close sits at 8% of that range, 85.6% below the 52-week high.
Oct 9, 2026 β SRFM rises 1.7% to $0.95
- Closed at $0.95, +1.72% vs the prior close of $0.93. Day range $0.88β$0.95, opened at $0.92.
- Volume was 1.89M shares, 0.4x its 50-day average of 5.09M β lighter than usual.
- Price is +21.3% vs its 50-day average ($0.78) and -28.7% vs its 200-day average ($1.33).
- 52-week range $0.46β$6.17; today's close sits at 9% of that range, 84.7% below the 52-week high.
Oct 8, 2026 β SRFM rises 1.9% to $0.93
- Closed at $0.93, +1.86% vs the prior close of $0.91. Day range $0.93β$1.02, opened at $0.95.
- Volume was 4.68M shares, 0.9x its 50-day average of 5.03M.
- Price is +19.8% vs its 50-day average ($0.78) and -30.2% vs its 200-day average ($1.33).
- 52-week range $0.46β$6.17; today's close sits at 8% of that range, 84.9% below the 52-week high.
Oct 7, 2026 β SRFM slides 9.6% to $0.91
- Closed at $0.91, -9.60% vs the prior close of $1.01. Day range $0.90β$1.01, opened at $1.00.
- Volume was 5.51M shares, 1.1x its 50-day average of 4.95M.
- Price is +18.3% vs its 50-day average ($0.77) and -31.8% vs its 200-day average ($1.34).
- 52-week range $0.46β$6.17; today's close sits at 8% of that range, 85.2% below the 52-week high.
Oct 6, 2026 β SRFM jumps 13.4% to $1.01 on 2.0x normal volume
- Closed at $1.01, +13.36% vs the prior close of $0.89. Day range $0.92β$1.08, opened at $0.94.
- Volume was 9.69M shares, 2.0x its 50-day average of 4.79M β unusually heavy trading.
- Price is +31.4% vs its 50-day average ($0.77) and -24.8% vs its 200-day average ($1.34).
- 52-week range $0.46β$6.17; today's close sits at 10% of that range, 83.6% below the 52-week high.
Oct 5, 2026 β SRFM slides 8.3% to $0.89, 4 down days in a row
- Closed at $0.89, -8.33% vs the prior close of $0.97. Day range $0.85β$0.99, opened at $0.98.
- Volume was 7.51M shares, 1.6x its 50-day average of 4.66M.
- Price is +16.5% vs its 50-day average ($0.76) and -33.8% vs its 200-day average ($1.35).
- 52-week range $0.46β$6.17; today's close sits at 8% of that range, 85.6% below the 52-week high.
- That makes 4 straight losses.
Oct 2, 2026 β SRFM slides 14.0% to $0.97 on 2.4x normal volume
- Closed at $0.97, -13.98% vs the prior close of $1.13. Day range $0.94β$1.14, opened at $1.14.
- Volume was 10.69M shares, 2.4x its 50-day average of 4.48M β unusually heavy trading.
- Price is +27.5% vs its 50-day average ($0.76) and -28.1% vs its 200-day average ($1.35).
- 52-week range $0.46β$6.17; today's close sits at 9% of that range, 84.2% below the 52-week high.
- That makes 3 straight losses.
SRFM bull case vs bear case (from the data)
- Price is +7.4% vs its 50-day average β short-term trend is up.
- Price is -34.6% vs its 200-day average β below the long-term trend line.
- Latest fiscal-year net income: loss of $110.56M.
- Insider selling outweighs buying: 24 sales vs 0 open-market buys among the 24 most recent reported insider trades (Form 4, last 12 months).
- Share count up 420.6% in a year (dilution).
- High volatility: average daily move of 7.6% over 20 sessions.
SRFM latest news & SEC filings
Every SEC filing by or about SRFM in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Oct 2, 2026 Β· Form 4 β Insider trade
Insider trade report (Form 4) β a director, officer or 10%+ owner changed their holdings
- Secore Jason Benjamin received an award of 260,000 shares on Oct 2, 2026; now holds 260,000
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 2, 2026 Β· Form 3 β New insider holdings
Initial insider ownership statement (Form 3) β a new director, officer or 10% owner disclosed their holdings
Sep 30, 2026 Β· Form 8-K β Major event / current report
Current report β a filing companies must make within 4 business days of a major event
- Item 8.01 β Reported other events the company considers important.
Sep 30, 2026 Β· Form 424B5 β Prospectus supplement
Prospectus supplement β the company is selling securities off a shelf registration
An offering document: new shares or debt may be sold, which can increase the share count (dilution) or debt load. Size and terms are in the prospectus.
Sep 28, 2026 Β· Form 8-K β Major event / current report
Current report β a filing companies must make within 4 business days of a major event
- Item 5.02 β Change in directors or officers (appointment, departure or pay).
Sep 4, 2026 Β· Form S-8 β Employee share plan registration
Registration of shares for employee stock plans (S-8)
Sep 1, 2026 Β· Form 4 β Insider trade
Insider trade report (Form 4) β a director, officer or 10%+ owner changed their holdings
Insider holdings update with no common-stock transactions in the table (often options or derivative awards only).
Aug 21, 2026 Β· Form EFFECT β EFFECT filing
EFFECT filing
Aug 11, 2026 Β· Form 8-K β Major event / current report
Current report β a filing companies must make within 4 business days of a major event
- Item 1.01 β Signed a material agreement.
- Item 2.03 β Took on a new material debt or financial obligation.
Aug 11, 2026 Β· Form S-3 β Shelf registration (S-3)
Shelf registration (S-3) β lets the company sell securities over time
An offering document: new shares or debt may be sold, which can increase the share count (dilution) or debt load. Size and terms are in the prospectus.
Aug 10, 2026 Β· Form 10-Q β Quarterly report
Quarterly report (unaudited financial statements for the quarter)
Quarter ended Jun 30, 2026:
- Net income: -$28.13M (prior year -$28.00M) (loss widened vs Jun 30, 2025)
- Diluted EPS: -$0.29 (prior year -$1.34) (loss narrowed vs Jun 30, 2025)
Aug 10, 2026 Β· Form 8-K β Major event / current report
Current report β a filing companies must make within 4 business days of a major event
- Item 2.02 β Reported results of operations (earnings release).
This is a results-day filing: the earnings press release is attached as an exhibit.
Jul 24, 2026 Β· Form 8-K β Major event / current report
Current report β a filing companies must make within 4 business days of a major event
- Item 3.01 β Stock exchange listing notice or transfer of listing.
- Item 5.07 β Reported shareholder vote results.
Jul 2, 2026 Β· Form 8-K β Major event / current report
Current report β a filing companies must make within 4 business days of a major event
- Item 7.01 β Released information under Regulation FD (e.g. a presentation or press release).
- Item 8.01 β Reported other events the company considers important.
Jul 1, 2026 Β· Form SCHEDULE 13G β Passive stake (13G)
Passive stake (13G) β an investor reported owning more than 5%
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Things to know before you trade SRFM
- Last results release: Aug 10, 2026 (8-K Item 2.02). Previous ones: May 11, 2026, Mar 12, 2026, Nov 12, 2025. Based on that rhythm, the next report is likely around Nov 9, 2026 β an estimate, not a confirmed date.
- How much it moves: over the last 20 sessions the average daily move was 7.57% (largest 20.4%). That is a volatile stock.
- Liquidity: about 7.19M shares (β$6.08M) trade per day on average.
- 52-week position: $0.85 vs a range of $0.46β$4.99 (9% of the range).
- Dividends: no cash dividends in the last 2 years.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 0 open-market buys, 24 sales; latest: Deanna Leigh White sold 56,884 shares on May 8, 2026.
- Latest filings: 8-K Sep 30, 2026; 8-K Sep 28, 2026; 8-K Aug 11, 2026.
- Share count: 100.40M shares outstanding (May 8, 2026), +420.6% vs a year earlier β notable dilution.
- Listing: NYSE Β· industry: Air Transportation, Nonscheduled.
SRFM market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 19, 2026 | 0.90 | 0.91 | 0.84 | 0.85 | 1.71M |
| Oct 16, 2026 | 0.95 | 0.95 | 0.87 | 0.88 | 2.53M |
| Oct 15, 2026 | 0.86 | 0.95 | 0.80 | 0.94 | 4.26M |
| Oct 14, 2026 | 0.86 | 0.87 | 0.81 | 0.83 | 2.67M |
| Oct 13, 2026 | 0.86 | 0.90 | 0.81 | 0.89 | 3.43M |
| Oct 12, 2026 | 0.94 | 0.94 | 0.85 | 0.89 | 2.94M |
| Oct 9, 2026 | 0.92 | 0.95 | 0.88 | 0.95 | 1.89M |
| Oct 8, 2026 | 0.95 | 1.02 | 0.93 | 0.93 | 4.68M |
| Oct 7, 2026 | 1.00 | 1.01 | 0.90 | 0.91 | 5.51M |
| Oct 6, 2026 | 0.94 | 1.08 | 0.92 | 1.01 | 9.69M |
| Oct 5, 2026 | 0.98 | 0.99 | 0.85 | 0.89 | 7.51M |
| Oct 2, 2026 | 1.14 | 1.14 | 0.94 | 0.97 | 10.69M |
| Oct 1, 2026 | 1.15 | 1.25 | 1.08 | 1.13 | 6.40M |
| Sep 30, 2026 | 1.20 | 1.34 | 1.12 | 1.20 | 10.74M |
| Sep 29, 2026 | 1.19 | 1.20 | 1.10 | 1.20 | 5.09M |
| Sep 28, 2026 | 1.12 | 1.20 | 1.08 | 1.19 | 10.07M |
| Sep 25, 2026 | 0.94 | 1.14 | 0.94 | 1.11 | 17.42M |
| Sep 24, 2026 | 0.89 | 0.95 | 0.85 | 0.92 | 8.23M |
| Sep 23, 2026 | 0.84 | 0.95 | 0.82 | 0.88 | 21.50M |
| Sep 22, 2026 | 0.68 | 0.81 | 0.67 | 0.77 | 6.81M |
About Surf Air Mobility
Surf Air Mobility (SRFM) is listed on the NYSE and classified by the SEC under βAir Transportation, Nonscheduledβ. Its business address is in ADDISON, TX. State of incorporation: DE. Fiscal year ends December 31. SEC CIK 1936224.
SRFM board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Carl A Albert | Director | Apr 21, 2026 |
| David Anderman | Director | Sep 1, 2026 |
| John J. D'Agostino | Director | Apr 21, 2026 |
| Bruce L. Hack | Director | Apr 21, 2026 |
| Shawn Kirby Pelsinger | Director | May 22, 2026 |
| Sudhin Shahani | Director | Jun 5, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| Oliver Reeves | Chief Financial Officer | May 8, 2026 |
| Deanna Leigh White | Chief Executive Officer | May 8, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| May 8, 2026 | Deanna Leigh White | Sale | 56,884 | $1.31 |
| May 8, 2026 | Deanna Leigh White | Sale | 56,884 | $1.31 |
| May 8, 2026 | Deanna Leigh White | Sale | 56,884 | $1.31 |
| May 8, 2026 | Deanna Leigh White | Sale | 56,884 | $1.31 |
| May 8, 2026 | Oliver Reeves | Sale | 76,569 | $1.31 |
| May 8, 2026 | Oliver Reeves | Sale | 76,569 | $1.31 |
| May 8, 2026 | Oliver Reeves | Sale | 76,569 | $1.31 |
| May 8, 2026 | Oliver Reeves | Sale | 76,569 | $1.31 |
| Apr 16, 2026 | Deanna Leigh White | Sale | 13,860 | $1.31 |
| Apr 16, 2026 | Deanna Leigh White | Sale | 13,860 | $1.31 |
| Apr 16, 2026 | Deanna Leigh White | Sale | 13,860 | $1.31 |
| Apr 16, 2026 | Deanna Leigh White | Sale | 13,860 | $1.31 |
| Apr 16, 2026 | Deanna Leigh White | Sale | 13,860 | $1.31 |
| Apr 16, 2026 | Deanna Leigh White | Sale | 13,860 | $1.31 |
| Apr 16, 2026 | Deanna Leigh White | Sale | 13,860 | $1.31 |
SRFM financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| Dec 31, 2025 | β | $-110.56M | -3.15 | $-64.16M |
| Dec 31, 2024 | β | $-74.91M | -5.80 | $-54.32M |
| Dec 31, 2023 | β | $-250.70M | -44.46 | $-64.37M |
| Dec 31, 2022 | β | $-74.36M | -5.51 | $-28.04M |
Latest balance sheet: total assets $140.73M, total liabilities $183.19M, cash $18.43M (as of Jun 30, 2026).
SRFM earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| Aug 10, 2026 | 8-K Item 2.02 (results) | $0.85 |
| May 11, 2026 | 8-K Item 2.02 (results) | $1.35 |
| Mar 12, 2026 | 8-K Item 2.02 (results) | $1.88 |
| Nov 12, 2025 | 8-K Item 2.02 (results) | $2.94 |
| Nov 10, 2025 | 8-K Item 2.02 (results) | $3.14 |
| Aug 12, 2025 | 8-K Item 2.02 (results) | $4.19 |
| May 13, 2025 | 8-K Item 2.02 (results) | $2.87 |
| Mar 18, 2025 | 8-K Item 2.02 (results) | $3.84 |
| Nov 14, 2024 | 8-K Item 2.02 (results) | $1.72 |
| Aug 14, 2024 | 8-K Item 2.02 (results) | β |
| May 14, 2024 | 8-K Item 2.02 (results) | β |
| Mar 28, 2024 | 8-K Item 2.02 (results) | β |
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Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 19, 2026, 4:00 PM ET. Filings: SEC EDGAR. Refreshed every 2 hours during US market hours.