SurgePays
SURG
About: Surgepays Inc is a fintech company focused on the underbanked community. It provides services to financial technology, telecommunications, and digital media companies. Its operating segment includes Mobile Virtual Network Operators that provide mobile broadband (internet connectivity), voice and SMS text messaging to both subsidized and direct retail prepaid customers through SurgePhone Wireless, LLC and Torch Wireless, LLC; Comprehensive Platform Services provide financial technology and a wireless top-up platform to independently owned convenience stores throughout the country; and Others. It generates the majority of its revenue from the Mobile Virtual Network Operators segment.
Employees: 20
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
30% more capital invested
Capital invested by funds: $3.86M [Q1] → $5.02M (+$1.16M) [Q2]
18% more funds holding
Funds holding: 28 [Q1] → 33 (+5) [Q2]
1.25% less ownership
Funds ownership: 9.15% [Q1] → 7.9% (-1.25%) [Q2]
11% less call options, than puts
Call options by funds: $253K | Put options by funds: $285K
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
|
Ascendiant Capital
Edward Woo
|
$9
|
Buy
Maintained
|
16 Jun 2025 |
Financial journalist opinion
