SurgePays Inc (SURG)
NASDAQCommunication ServicesSoftware - ApplicationSnapshot 2026-11-05
NASDAQCommunication ServicesSoftware - ApplicationSnapshot 2026-11-05
QuarterlyIQ Insights · SURG
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -90.0% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 18.8% |
Growth built into the price is above our model estimate.
The price assumes 108.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Elevated risk of a next-quarter earnings miss: this name is on a run of consecutive earnings misses and has been missing across recent quarters. A fundamental tilt, not a price call.
Model as of 2026-11-05 · Compared with 61 industry peers
SURG — legal / regulatory event — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standar…
Dated 2026-09-29
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On September 28, 2026, SurgePays, Inc. (the “Company”) received a letter from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), granting the Company an additional 180-calendar-day period, or until March 22, 2027, to regain compliance with Nasdaq’s minimum $1.00 bid price per share requirement. Nasdaq previously notified the Company of its bid price deficie…
Why it matters: Redline gives LinkUp access to more than 20,000 dealers. Its first-month cash flow tests whether this reach can add value.
Supportive ifCompany filings or results show Redline began service and had positive cash flow in its first month.
Worry ifRedline has not begun service, or reports negative cash flow for its first month.
Why it matters: Nasdaq gave the company until March 22, 2027, to regain compliance. Meeting the rule would remove this listing risk.
Supportive ifNasdaq confirms SURG met the $1.00 minimum bid price rule by March 22, 2027.
Worry ifNasdaq says SURG did not regain compliance by March 22, 2027, or starts delisting steps.
Why it matters: The company passed 200,000 lines in Q1. More lines would support its plan to grow prepaid service and dealer reach.
Supportive ifThe next report shows more than 200,000 LinkUp Mobile and Torch Wireless lines, with a higher total than Q1.
Worry ifThe next report shows fewer than 200,000 lines, or no growth from the Q1 total.
Why it matters: The company dismissed its auditor in September. A smooth change and on-time reports would ease concerns about its financial reports.
Supportive ifThe company names a new auditor and files its next required report on time. No audit dispute is reported.
Worry ifThe company reports a late filing, a new audit dispute, or trouble finding a new auditor.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$474 on $10,000 · ±4.7% | How much price usually moves either way. |
| Bad day | $1,166 loss on $10,000 · 11.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $9,589 loss on $10,000 · 95.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.