Sidoti Csr Forecasts SurgePays’ Q4 Earnings (NASDAQ:SURG)

SurgePays, Inc. (NASDAQ:SURG) – Stock analysts at Sidoti Csr cut their Q4 2025 EPS estimates for SurgePays in a report released on Wednesday, March 26th. Sidoti Csr analyst A. Soderstrom now forecasts that the medical equipment provider will post earnings per share of $0.06 for the quarter, down from their previous estimate of $0.11. The consensus estimate for SurgePays’ current full-year earnings is ($1.66) per share. Sidoti Csr also issued estimates for SurgePays’ Q1 2026 earnings at $0.19 EPS.

Separately, Ascendiant Capital Markets reduced their target price on shares of SurgePays from $9.00 to $8.50 and set a “buy” rating for the company in a report on Monday, December 16th.

SurgePays Stock Down 17.9 %

NASDAQ SURG opened at $1.79 on Thursday. The stock’s 50-day moving average price is $1.42 and its 200-day moving average price is $1.63. The company has a market capitalization of $36.09 million, a P/E ratio of -1.58 and a beta of 1.03. The company has a quick ratio of 4.70, a current ratio of 6.24 and a debt-to-equity ratio of 0.08. SurgePays has a 52 week low of $1.05 and a 52 week high of $4.38.

SurgePays (NASDAQ:SURG) last announced its earnings results on Tuesday, March 25th. The medical equipment provider reported ($0.93) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.66). The company had revenue of $9.59 million during the quarter, compared to the consensus estimate of $8.22 million. SurgePays had a negative return on equity of 55.63% and a negative net margin of 27.39%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SURG. Corsair Capital Management L.P. lifted its position in shares of SurgePays by 50.3% in the third quarter. Corsair Capital Management L.P. now owns 29,864 shares of the medical equipment provider’s stock valued at $55,000 after acquiring an additional 10,000 shares in the last quarter. Geode Capital Management LLC grew its position in shares of SurgePays by 11.3% during the third quarter. Geode Capital Management LLC now owns 148,018 shares of the medical equipment provider’s stock worth $272,000 after purchasing an additional 15,039 shares in the last quarter. Truvestments Capital LLC grew its position in shares of SurgePays by 23.1% during the third quarter. Truvestments Capital LLC now owns 84,946 shares of the medical equipment provider’s stock worth $156,000 after purchasing an additional 15,956 shares in the last quarter. Jane Street Group LLC purchased a new position in SurgePays in the 4th quarter worth approximately $54,000. Finally, Northern Trust Corp boosted its stake in SurgePays by 67.4% in the 4th quarter. Northern Trust Corp now owns 63,269 shares of the medical equipment provider’s stock worth $113,000 after purchasing an additional 25,467 shares during the period. Hedge funds and other institutional investors own 6.94% of the company’s stock.

About SurgePays

SurgePays, Inc, together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates through three segments: Mobile Virtual Network Operators, Comprehensive Platform Services, and Lead Generation. The company offers subsidized and non-subsidized mobile virtual network operators for internet connectivity through mobile broadband services to consumers; ACH banking relationships and fintech transactions platform to convenience stores; wireless top-up transactions and wireless product aggregation; and lead generation and case management solutions primarily to law firms in the mass tort industry, as well as call center activities.