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The latest update is out from SurgePays ( (SURG) ).
SurgePays, Inc. has announced that the employment agreement of its Chief Financial Officer, Anthony Evers, will not be renewed upon its expiration on December 31, 2025. The company and Mr. Evers plan to discuss his future role and continued service with SurgePays.
The most recent analyst rating on (SURG) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on SurgePays stock, see the SURG Stock Forecast page.
Spark’s Take on SURG Stock
According to Spark, TipRanks’ AI Analyst, SURG is a Neutral.
SurgePays’ overall stock score is primarily impacted by its challenging financial performance, with negative profit margins and cash flow issues. While the earnings call provided positive future guidance and strategic initiatives, the current financial and valuation concerns weigh heavily on the stock’s attractiveness. Technical indicators are mixed, offering no clear direction.
To see Spark’s full report on SURG stock, click here.
More about SurgePays
Average Trading Volume: 107,723
Technical Sentiment Signal: Sell
Current Market Cap: $53.12M
Find detailed analytics on SURG stock on TipRanks’ Stock Analysis page.