Sui Group (NASDAQ:SUIG) Announces Earnings Results

Posted by Francis Steltz on Nov 7th, 2026

Sui Group (NASDAQ:SUIG – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.63, FiscalAI reports. The firm had revenue of $0.31 million during the quarter. Sui Group had a negative return on equity of 130.66% and a negative net margin of 11,371.76%.

Here are the key takeaways from Sui Group’s conference call:

Sui’s ecosystem added institutional and payments initiatives during and after the quarter, including tokenized-fund and digital-securities plans, cross-border payments, and USDC integrations. Management said network activity is increasing but remains slow, and highlighted TVL, stablecoin activity, and developer numbers as key indicators to watch.
SUI Group held approximately 109.3 million SUI as of November 2, equivalent to about 1.35 SUI per share on a fully adjusted basis. Most holdings are staked, generating an estimated 1.5% annual yield in the quarter; the company also has a 6 million SUI lending arrangement with Bluefin.
Third-quarter net income was $47.7 million, but included $54.7 million in net gains on digital assets and receivables, including substantial unrealized gains, partly offset by $28 million in realized trading losses. Excluding those asset gains and losses, revenue and other income fell to $557,000 from $2.6 million year over year, while operating expenses rose to $5.2 million from $3.9 million.
Management emphasized preserving cash and limiting risk, saying it has cut costs, put expansion plans on hold, and does not currently expect to use cash for share buybacks. Cash and equivalents were $0.7 million at quarter-end, or $10.7 million including stablecoins.
The legacy traditional lending portfolio was valued at zero at September 30 after a markdown of a non-performing loan. The company received about $900,000 in repayments and redemptions from legacy investments during the first nine months of 2026.

Sui Group Trading Up 6.8%

NASDAQ:SUIG traded up $0.06 during mid-day trading on Friday, hitting $0.99. The company’s stock had a trading volume of 1,335,492 shares, compared to its average volume of 522,980. Sui Group has a fifty-two week low of $0.79 and a fifty-two week high of $2.84. The stock has a fifty day moving average of $1.23 and a 200-day moving average of $1.26. The company has a market capitalization of $75.79 million, a price-to-earnings ratio of -3.29 and a beta of 1.29.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SUIG. Weiss Ratings reiterated a “sell (d-)” rating on shares of Sui Group in a research note on Friday, October 2nd. Alliance Global Partners restated a “buy” rating on shares of Sui Group in a research report on Friday, August 7th. Cantor Fitzgerald lifted their price target on Sui Group from $1.70 to $3.40 and gave the company an “overweight” rating in a report on Thursday, September 10th. Finally, Wall Street Zen raised Sui Group from a “strong sell” rating to a “sell” rating in a research report on Saturday. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $3.40.

Read Our Latest Report on Sui Group

About Sui Group

(Get Free Report)

Sui Group Holdings Limited, formerly known as Mill City Ventures III, Ltd., is a digital asset treasury and investment company focused on the Sui blockchain ecosystem. The company’s strategy centers on acquiring and holding SUI, the native digital asset of the Sui network, as well as supporting opportunities connected to the broader ecosystem.

Sui is a Layer 1 blockchain designed to support decentralized applications, digital assets and other blockchain-based services. Through its treasury strategy, Sui Group seeks to provide investors with publicly traded exposure to SUI and may pursue investments or partnerships involving projects, infrastructure and businesses that use or contribute to the Sui network.

The company trades on the Nasdaq Capital Market under the symbol SUIG.