SuRo Capital (SSSS) AI Stock Analysis

• Market Cap: $253.12M
• Dividend Yield: 5.39%
• Average Volume (3M): 210.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.16
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 10
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -0.79
• Shares Outstanding: 25,387,756
• 10 Day Avg. Volume: 258,576
• 30 Day Avg. Volume: 210,284
• PEG Ratio: -0.02
• Price to Book (P/B): <0.01
• Price to Sales (P/S): 6.55
• P/FCF Ratio: <0.01
• Enterprise Value/Market Cap: -58.88K
• Enterprise Value/Revenue: -1.09M
• Enterprise Value/Gross Profit: -176.41K
• Enterprise Value/Ebitda: -277.48K
• 1Y Price Target: $12.63
• Price Target Upside: 26.68% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): -0.67
• Revenue Forecast (FY): $1.84M

• Rating: 62 Neutral
• Price Target: $11.00 ▲(10.33% Upside)
• Action: Reiterated Date: 03/12/26
• Date: Action: Reiterated 03/12/26

The score is held back primarily by volatile financial performance and inconsistent cash flows despite a reasonably positioned balance sheet. Offsetting this, technicals are supportive (price above major moving averages with positive momentum) and the earnings call conveyed positive portfolio/NAV momentum and shareholder-return actions (dividends/repurchases). Valuation support is mainly the higher dividend yield, while the P/E figure provided is not usable.

Positive Factors

AI infrastructure focus

A durable, sector-level advantage: concentrated exposure to AI infrastructure captures a multi-year secular trend. Early, conviction-driven positions in CoreWeave, OpenAI and VAST Data have driven NAV appreciation and create a structural runway for future realizations as AI adoption grows.

Moderate balance-sheet leverage

Measured leverage and consistently positive equity provide financial resilience across cycles. Moderate debt levels reduce refinancing and solvency risk, enabling the BDC to support follow-on investments, opportunistic commitments, and potential repurchases without aggressive capital raises.

Realizations and shareholder returns

Demonstrated ability to monetize positions and return capital underpins long-term investor alignment. Realized proceeds and active dividend/repurchase programs indicate disciplined liquidity management and a pathway to crystallize private portfolio value for shareholders over multiple quarters.

Negative Factors

Volatile profitability

Large swings in profitability undermine earnings quality and predictability. For a manager reliant on periodic realizations and fair-value marks, inconsistent margins and episodic losses make forecasting cash available for dividends and reinvestment difficult and increase execution risk.

Uneven cash generation

Inconsistent operating and free cash flow creates funding uncertainty for follow-on investments and shareholder programs. Periodic negative cash years raise the likelihood of needing external funding or reducing distributions during downturns, a structural constraint on long-term strategy execution.

Concentration in private, high‑growth holdings

Concentration in private, high-growth companies increases illiquidity and valuation mark volatility. Reliance on eventual IPOs or strategic sales means realizations can be highly timing-dependent; this structural exposure raises NAV volatility and execution risk over the medium term.

SuRo Capital Business Overview & Revenue Model

Company Description

SuRo Capital Corp. is a business development company. The firm seeks to invest in growing, late stage, venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California.

How the Company Makes Money

SuRo Capital’s earnings are primarily driven by investment results rather than sales of operating products or services. The company seeks to make money mainly through: (1) Realized gains on investments: When a portfolio company has a liquidity event (e.g., IPO/direct listing, acquisition, or other sale), SuRo can sell its equity position (or otherwise monetize it) and recognize realized gains (or losses). (2) Unrealized gains/losses from changes in fair value: Because many holdings are private companies, SuRo reports periodic fair-value marks of its portfolio; increases in fair value create unrealized appreciation (and decreases create unrealized depreciation), which can meaningfully affect reported net investment results and net asset value. (3) Investment income (if applicable in a given period): To the extent the portfolio includes income-producing securities (e.g., interest-bearing debt, dividends, or other contractual income on certain instruments), SuRo can earn recurring investment income; specific mix and magnitude vary by portfolio and period. As an externally managed BDC, SuRo also pays management and incentive fees to its external investment manager; these are expenses to SuRo and reduce net results rather than being a revenue source. Information on any specific revenue-sharing partnerships or material commercial contracts contributing to earnings beyond the investment model is null.

SuRo Capital Financial Statement Overview

Summary

Balance sheet strength is decent with moderate leverage and positive equity (Balance Sheet Score 62), but operating results and cash generation are unstable (Income Statement Score 36; Cash Flow Score 46). Large swings in profitability, margins, and cash conversion reduce earnings quality and predictability despite periods of strong performance.

Income Statement

Results are highly volatile across annual periods: profitable in 2020–2021 and 2023, but sharply negative in 2022 and 2024 with deeply negative margins. Revenue growth is inconsistent (down in 2024, strong rebound in 2023, and an extreme jump in 2025 that appears non-comparable), which reduces confidence in earnings quality and trend durability. Overall, profitability and growth trajectory lack stability, a key weakness for an asset manager.

Balance Sheet

Leverage looks moderate overall, with debt-to-equity generally in a reasonable range in the annual data (roughly 0.12–0.46), supporting balance-sheet resilience. Equity remains positive across periods, but returns on equity swing from strong (2020–2021) to meaningfully negative (2022 and 2024), highlighting that capital strength is not consistently translating into shareholder returns.

Cash Flow

Cash generation is uneven: operating and free cash flow were strong in 2020, turned materially negative in 2021–2023, then recovered to positive in 2024 and very large positive in 2025. Cash flow relative to earnings also swings (including negative coverage in loss/negative cash years), indicating variability in cash conversion and a higher risk of funding needs during weaker periods.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	34.89M	4.67M	6.60M	3.46M	1.47M
Gross Profit	34.89M	-24.34M	20.25M	-118.86M	157.78M
EBITDA	53.71M	-38.12M	5.07M	-132.18M	147.07M
Net Income	48.81M	-38.12M	5.07M	-132.18M	147.07M
Balance Sheet
Total Assets	10.00T>	231.60M	277.60M	284.41M	462.32M
Cash, Cash Equivalents and Short-Term Investments	49.03T	20.04M	28.18M	40.12M	198.44M
Total Debt	34.13T	73.25M	73.75M	73.39M	73.03M
Total Liabilities	70.70T	74.03M	74.24M	74.39M	97.47M
Stockholders Equity	10.00T>	157.57M	203.36M	210.02M	364.85M
Cash Flow
Free Cash Flow	34.32T	2.37M	-10.35M	-11.84M	-142.06M
Operating Cash Flow	34.32T	2.37M	-10.35M	-11.84M	-142.06M
Investing Cash Flow	49.25M	0.00	12.73M	-98.72M	325.71M
Financing Cash Flow	-5.28T	-10.51M	-14.32M	-47.76M	-31.01M

SuRo Capital Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.97
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SSSS, the sentiment is Positive. The current price of 9.97 is above the 20-day moving average (MA) of 9.53, above the 50-day MA of 9.49, and above the 200-day MA of 8.80, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 59.87 is Neutral, neither overbought nor oversold. The STOCH value of 83.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SSSS.

SuRo Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LIEN	70 Outperform	$225.92M	6.78	10.94%	13.03%	315.14%	116.85%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
WHF	63 Neutral	$162.31M	11.23	5.30%	21.24%	-55.82%	-4.97%
SSSS	62 Neutral	$253.12M	-2.84	35.45%	5.39%	―	―
MRCC	59 Neutral	$104.22M	12.10	6.46%	14.03%	-34.92%	-132.22%
TPVG	52 Neutral	$208.93M	5.35	14.02%	17.28%	206.13%	298.86%

SuRo Capital Corporate Events

SuRo Capital Expands AI Infrastructure Investment With TensorWave

In 2025, SuRo Capital reported that its portfolio comprised 35 companies, heavily weighted toward privately held, high‑growth businesses, with performance driven by growing recognition of the value of its investments in artificial intelligence and AI infrastructure. During the fourth quarter of 2025, the firm realized liquidity from several positions—including proceeds from CW Opportunity 2 LP and a full exit from Forge Global—supporting total cash dividends of $0.50 per share paid on July 31 and December 5, 2025, while simultaneously committing up to $20 million to a Magnetar-managed vehicle invested in TensorWave to deepen its exposure to next‑generation AI infrastructure; as of January 12, 2026, $5 million of that commitment had been funded, and SuRo signaled it will release full fourth-quarter and full-year 2025 results in the week of March 9, 2026, underscoring a strategy of disciplined realizations and reinvestment in AI-focused assets for shareholders’ long-term benefit.

The most recent analyst rating on (SSSS) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on SuRo Capital stock, see the SSSS Stock Forecast page.