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SLNH
Upturn stock ratingUpturn stock rating

Soluna Holdings Inc (SLNH)

Upturn stock ratingUpturn stock rating
$0.63
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: SLNH (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -37.53%
Avg. Invested days 26
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 9.60M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 660272
Beta 3.04
52 Weeks Range 0.52 - 8.80
Updated Date 04/1/2025
52 Weeks Range 0.52 - 8.80
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -6.79

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -75.3%
Operating Margin (TTM) -119.81%

Management Effectiveness

Return on Assets (TTM) -9.41%
Return on Equity (TTM) -46.33%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 24106726
Price to Sales(TTM) 0.24
Enterprise Value 24106726
Price to Sales(TTM) 0.24
Enterprise Value to Revenue 0.6
Enterprise Value to EBITDA -0.63
Shares Outstanding 10607000
Shares Floating 4334929
Shares Outstanding 10607000
Shares Floating 4334929
Percent Insiders 22.79
Percent Institutions 10.6

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Soluna Holdings Inc

stock logo

Company Overview

overview logo History and Background

Soluna Holdings, Inc. (formerly Mechanical Technology, Incorporated) was founded in 1961. It initially focused on advanced technology development and shifted towards cryptocurrency mining and sustainable data centers in recent years.

business area logo Core Business Areas

  • Cryptocurrency Mining: Soluna focuses on using renewable energy to power cryptocurrency mining operations, specifically Bitcoin.
  • Sustainable Data Centers: Develops and operates data centers powered by renewable energy sources, aiming to provide sustainable computing solutions.

leadership logo Leadership and Structure

John Belizaire is the CEO. The company operates with a tiered management structure encompassing various departments, including technology, finance, and operations.

Top Products and Market Share

overview logo Key Offerings

  • Bitcoin Mining: Soluna mines Bitcoin using its vertically integrated facilities powered by renewable energy. Market share data is difficult to ascertain precisely, but the Bitcoin mining market is highly fragmented. Competitors include Marathon Digital Holdings (MARA), Riot Platforms (RIOT), and CleanSpark (CLSK).
  • Data Center Hosting: Soluna offers hosting services for computing tasks that require high-performance computing using renewable energy. The market is competive with large players such as Amazon (AMZN), Microsoft (MSFT), and Google (GOOGL).

Market Dynamics

industry overview logo Industry Overview

The cryptocurrency mining industry is experiencing growth, driven by increasing adoption of Bitcoin. The sustainable data center market is also expanding due to growing demand for environmentally friendly computing solutions.

Positioning

Soluna aims to differentiate itself by focusing on renewable energy to power its operations, appealing to environmentally conscious investors and clients.

Total Addressable Market (TAM)

The global data center market is projected to reach hundreds of billions USD. The global Bitcoin mining market is projected to be in the tens of billions USD. Soluna's positioning in renewable energy gives it a competitive edge in capturing TAM.

Upturn SWOT Analysis

Strengths

  • Renewable energy focus
  • Vertically integrated operations
  • Scalable infrastructure

Weaknesses

  • Reliance on Bitcoin price volatility
  • High capital expenditures
  • Limited operational history in current form

Opportunities

  • Expansion into new renewable energy sources
  • Increased demand for sustainable data centers
  • Potential for partnerships with renewable energy providers

Threats

  • Regulatory changes in cryptocurrency mining
  • Increased competition in the renewable energy sector
  • Fluctuations in energy prices

Competitors and Market Share

competitor logo Key Competitors

  • MARA
  • RIOT
  • CLSK

Competitive Landscape

Soluna's advantage lies in its focus on renewable energy. However, larger competitors have more capital and established infrastructure.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been volatile due to the company's transition and the cyclical nature of the cryptocurrency market.

Future Projections: Future growth is dependent on Soluna's ability to scale its operations, maintain low energy costs, and capitalize on the increasing demand for sustainable data centers. Analyst estimates are available from financial data providers.

Recent Initiatives: Soluna has been focused on expanding its mining facilities and securing renewable energy sources.

Summary

Soluna Holdings is a company focused on Bitcoin mining and sustainable data centers using renewable energy. It faces challenges related to Bitcoin price volatility and competition but has opportunities in the growing sustainable data center market. Its focus on renewable energy gives it an edge but it needs to demonstrate consistent operational execution. Investors need to be aware of the high volatility of the stock.

Similar Companies

CLSKratingrating

CleanSpark Inc

$7.56
Mid-Cap Stock
0%
PASS

CLSKratingrating

CleanSpark Inc

$7.56
Mid-Cap Stock
0%
PASS

MARAratingrating

Marathon Digital Holdings Inc

$12.16
Mid-Cap Stock
0%
PASS

MARAratingrating

Marathon Digital Holdings Inc

$12.16
Mid-Cap Stock
0%
PASS

RIOTratingrating

Riot Blockchain Inc

$7.76
Mid-Cap Stock
0%
PASS

RIOTratingrating

Riot Blockchain Inc

$7.76
Mid-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company filings (SEC)
  • Financial news websites
  • Industry reports

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. The cryptocurrency market is highly volatile, and investors should conduct their own due diligence before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Soluna Holdings Inc

Exchange NASDAQ
Headquaters Albany, NY, United States
IPO Launch date 2009-04-28
CEO & Director Mr. John Belizaire
Sector Financial Services
Industry Capital Markets
Full time employees 34
Full time employees 34

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centres. It operates through two segments, Cryptocurrency Mining and Data Centre Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centres that use for cryptocurrency mining. Further, it provides data centre hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company provide up to 187 MW of sustainable energy, executed in two phases, which allocated to support computing tasks in AI and Bitcoin mining. Soluna Holdings, Inc. was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.

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