SURG 3 month price prediction

**SurgePays, Inc. (SURG) is expected to face further challenges in the short term**, with a high probability of falling within a narrow range. Here's a detailed analysis:

1. **Recent Performance and Analyst Ratings**:
- SurgePays has experienced a significant decline, with the stock price falling by over 15% since the "Hold" rating was assigned.
- The average 12-month price target from Wall Street analysts is $9.50, with a high forecast of $10.50 and a low of $4.04.
2. **Market Sentiment and Technical Indicators**:
- The stock has seen a 90% probability of holding a price between $2.98 and $4.04 over the next 3 months.
- Given the current short-term trend, the stock is expected to fall by approximately 4.69% during this period.
3. **Volatility and Trading Volume**:
- The stock has shown volatility, with a recent 4.87% fluctuation in a single trading day.
- Trading volume has decreased, which can be an early warning sign of potential changes.
4. **Long-term Forecast**:
- A long-term increase is expected, with the stock price forecast for 2029-06-27 reaching up to $5.018.
- The average one-year price target is $7.14, with forecasts ranging from a low of $4.04 to a high of $10.50.
5. **Earnings and Revenue Projections**:
- By December 31, 2025, projected revenue is estimated at $36 million, representing a 15.21% increase from the previous year.
- Estimated quarterly earnings per share for the same period is $0.29.

In conclusion, while there is a potential for a long-term increase in SurgePays' stock price, the near-term outlook seems uncertain. The stock is likely to remain under pressure due to the policy decision uncertainty and the decline in sales and net income. Investors should exercise caution and monitor the situation closely for any signs of improvement or further deterioration.