SurgePays Eliminates $50M Liability and Cuts Costs with New Wholesale Carrier Deal
Market Chameleon (Thu, 2-Jul 5:52 AM ET)
SurgePays Restructures Wholesale Carrier Agreement to Support Profitable Wireless Subscriber Growth
Globe Newswire (Wed, 1-Jul 4:29 PM ET)
Globe Newswire (Fri, 5-Jun 9:30 AM ET)
Globe Newswire (Fri, 15-May 9:00 AM ET)
Globe Newswire (Tue, 12-May 8:30 AM ET)
SurgePays to Host First Quarter 2026 Financial Results Conference Call on May 15th
Globe Newswire (Mon, 11-May 8:30 AM ET)
Globe Newswire (Thu, 7-May 8:05 AM ET)
Globe Newswire (Tue, 21-Apr 8:30 AM ET)
Globe Newswire (Tue, 14-Apr 4:05 PM ET)
Surgepays Inc is a wireless and point of sale technology company focused on serving underserved and value-conscious consumers through a combination of retail distribution and digital acquisition channels. It provides mobile connectivity, financial technology services, and transaction processing solutions through an integrated platform that combines wireless services with point of sale software and retail distribution. It enables in-store and online activation of wireless services, prepaid top-ups, and financial transactions, allowing consumers to access essential services in both local and digital environments. Its segments are wireless services or MVNO Telecommunications, platform services or MVNE Enablement Platform (HERO), and wholesale enablement or Comprehensive Platform Services.
Surgepays trades on the NASDAQ stock market under the symbol SURG.
As of July 13, 2026, SURG stock price declined to $0.33 with 837,055 million shares trading.
SURG has a beta of 2.14, meaning it tends to be more sensitive to market movements. SURG has a correlation of 0.06 to the broad based SPY ETF.
SURG has a market cap of $8.22 million. This is considered a Sub-Micro Cap stock.
Last quarter Surgepays reported $16 million in Revenue and -$.51 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.36.
In the last 3 years, SURG traded as high as $9.23 and as low as $.31.
The top ETF exchange traded funds that SURG belongs to (by Net Assets): VTI, VXF.
SURG has underperformed the market in the last year with a price return of -89.9% while the SPY ETF gained +20.9%. SURG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -51.2% and -11.6%, respectively, while the SPY returned +10.5% and +2.8%, respectively.
SURG support price is $.30 and resistance is $.37 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SURG shares will trade within this expected range on the day.