US Global Investors Inc (GROW)
NASDAQFinancialsAsset ManagementSnapshot 2026-09-04
$2.98-8.87%
Close 2026-09-04 · 1-day change
NASDAQFinancialsAsset ManagementSnapshot 2026-09-04
Warn: Management is running behind on a stated commitment.
US Global Investors grows revenue from $2.16M to $2.76M in 15 months. EPS rose from $0.02 to $0.21 in the same period. Net income improved from $315K to $2.7M, showing strong profit growth. The company is on track with management's growth goals.
Revenue growth could slow or reverse, hurting profits. EPS gains may stall if costs rise. The stock trades below peers, reflecting risks in growth sustainability.
The price is about 23% below our fair value near $3.87. Analysts expect about -3% revenue growth, but we see continued growth and profit improvement.
Breaks if: EPS falls below $0.02 in any quarter through 2026-Q3
Enhance earnings per share through strategic initiatives and cost management.
Breaks if: net income falls below $315K in any quarter through 2026-Q3
Focus on improving net income as a key financial performance metric.
Stated as a priority in 3 of last 4 quarters. Net income improved from a loss of $846,000 in 2026-Q2 to a profit of $2.7 million in 2026-Q1, then declined to a loss of $283,000 in 2026-Q4. Management emphasized net income growth in 2026-Q1, but the latest quarter shows a decline, indicating mixed delivery.
“Net income was -$283,000 for the quarter ended June 30, 2026.”
“Net income (loss) was -$846,000 for the quarter ended December 31, 2025.”
“Net income of $2.7 million during the quarter ended March 31, 2026, compared to net losses previously.”
Breaks if: revenue falls below $2.16 million in any quarter through 2026-Q3
Grow total operating revenues as a measure of business expansion.
Stated as a priority in 3 of last 4 quarters. Revenue increased from $2.25 million in 2026-Q1 to $2.76 million in 2026-Q3, a 23% rise, then data for 2026-Q4 is unavailable. Management highlighted a 10% quarter-over-quarter and 31% year-over-year increase in 2026-Q1. The trajectory shows delivering revenue growth.
“Revenue was $2.76 million for the quarter ended March 31, 2026.”
“Revenue was $2.51 million for the quarter ended December 31, 2025.”
“Total operating revenues were $2.8 million, a 10% increase over prior quarter and 31% over prior year.”
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround opportunity in the financial sector. GROW is currently facing challenges with fragile earnings quality and weak recent performance, but it benefits from a supportive sector backdrop.
The market seems to have priced in a low level of execution quality, indicating a neutral valuation compared to peers. There is an expectations gap, suggesting that investors may anticipate some improvement but remain cautious.
Management is focused on increasing net income and revenue, with recent results showing some progress in revenue growth. However, the mixed delivery on net income and the risk of earnings misses create uncertainty in the near term.
The future performance of GROW will depend on management's ability to execute on their priorities and the performance of sector bellwethers like BLK, BX, and KKR. Any changes in guidance or earnings from these companies could significantly impact GROW's trajectory.
Over the next 1 to 3 years, GROW's performance will likely be influenced by both internal execution and external sector dynamics. Not investment advice.
The most important moves since the prior daily snapshot.
Confidence changed from 'medium' to 'high'.
Yes, our read has strengthened. The company reported a net income of $3.1 million. This is a turnaround from a loss last year. Revenue increased by 21% to $10.3 million. Management cited higher demand for thematic ETFs as a key driver. They noted increased spending in defense and precious metals. These factors suggest potential for continued revenue growth.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.