Sidoti Csr Weighs in on SurgePays’ Q4 Earnings (NASDAQ:SURG)

SurgePays, Inc. (NASDAQ:SURG) – Research analysts at Sidoti Csr cut their Q4 2025 earnings per share (EPS) estimates for shares of SurgePays in a research report issued on Wednesday, March 26th. Sidoti Csr analyst A. Soderstrom now forecasts that the medical equipment provider will post earnings of $0.06 per share for the quarter, down from their previous forecast 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 dropped their price target on SurgePays from $9.00 to $8.50 and set a “buy” rating on the stock in a research note on Monday, December 16th.

SurgePays Trading Up 70.3 %

SURG opened at $2.35 on Thursday. The stock has a market capitalization of $47.38 million, a P/E ratio of -2.08 and a beta of 1.03. The company has a current ratio of 6.24, a quick ratio of 4.70 and a debt-to-equity ratio of 0.08. SurgePays has a 12 month low of $1.05 and a 12 month high of $4.38. The firm’s fifty day simple moving average is $1.40 and its 200 day simple moving average is $1.62.

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

Hedge Funds Weigh In On SurgePays

Several hedge funds have recently made changes to their positions in SURG. Corsair Capital Management L.P. boosted its holdings in SurgePays by 50.3% during the third quarter. Corsair Capital Management L.P. now owns 29,864 shares of the medical equipment provider’s stock worth $55,000 after purchasing an additional 10,000 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of SurgePays by 11.3% during the 3rd quarter. Geode Capital Management LLC now owns 148,018 shares of the medical equipment provider’s stock worth $272,000 after buying an additional 15,039 shares during the last quarter. Truvestments Capital LLC boosted its stake in shares of SurgePays by 23.1% during the 3rd quarter. Truvestments Capital LLC now owns 84,946 shares of the medical equipment provider’s stock worth $156,000 after buying an additional 15,956 shares during the last quarter. Jane Street Group LLC bought a new position in shares of SurgePays in the 4th quarter valued at about $54,000. Finally, Northern Trust Corp increased its position in shares of SurgePays by 67.4% in the fourth quarter. Northern Trust Corp now owns 63,269 shares of the medical equipment provider’s stock valued at $113,000 after acquiring an additional 25,467 shares during the last quarter. 6.94% of the stock is owned by institutional investors.

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.