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Soluna Holdings NasdaqCM:SLNH Stock Report

Last Price

US$2.44

Market Cap

US$21.7m

7D

-23.3%

1Y

-24.2%

Updated

17 Dec, 2024

Data

Company Financials

Soluna Holdings, Inc.

NasdaqCM:SLNH Stock Report

Market Cap: US$21.7m

My Notes

Capture your thoughts, links and company narrative

Soluna Holdings, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Soluna Holdings
Historical stock prices
Current Share PriceUS$2.44
52 Week HighUS$8.80
52 Week LowUS$1.40
Beta2.93
1 Month Change-34.05%
3 Month Change-14.69%
1 Year Change-24.22%
3 Year Change-99.08%
5 Year Change-86.33%
Change since IPO-99.36%

Recent News & Updates

Soluna Holdings, Inc. (NASDAQ:SLNH) Stock Catapults 29% Though Its Price And Business Still Lag The Industry

Nov 13
Soluna Holdings, Inc. (NASDAQ:SLNH) Stock Catapults 29% Though Its Price And Business Still Lag The Industry

Soluna Holdings, Inc.'s (NASDAQ:SLNH) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Nov 13
Soluna Holdings, Inc.'s (NASDAQ:SLNH) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Recent updates

Soluna Holdings, Inc. (NASDAQ:SLNH) Stock Catapults 29% Though Its Price And Business Still Lag The Industry

Nov 13
Soluna Holdings, Inc. (NASDAQ:SLNH) Stock Catapults 29% Though Its Price And Business Still Lag The Industry

Soluna Holdings, Inc.'s (NASDAQ:SLNH) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Nov 13
Soluna Holdings, Inc.'s (NASDAQ:SLNH) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Investors Give Soluna Holdings, Inc. (NASDAQ:SLNH) Shares A 37% Hiding

Apr 05
Investors Give Soluna Holdings, Inc. (NASDAQ:SLNH) Shares A 37% Hiding

Soluna renews project marie hosting contract

Sep 09

Soluna Holdings: Buy As The Bulls Capitulate

Aug 22

Soluna receives $12.5M funding from Spring Lane Capital

Aug 12

Soluna picks ex-Ameresco executive for CFO role

Aug 03

Soluna: The Business Of Turning Wasted Energy Into Cash Via Bitcoin Isn't Sustainable

Jul 02

Is It Better To Own Bitcoin Or Bitcoin Mining Stocks?

Feb 22

Soluna Holdings: Unknown, Massively Undervalued, And Revolutionizing Renewable Energy With Green Computing

Dec 23

Mechanical Technology: The Best Bitcoin Mining Investment

Aug 24

Mechanical Technology: Success Is In The Management's Hands

Aug 13

Mechanical Technology raises $15M through equity offering

Apr 27

Mechanical Technology (NASDAQ:MKTY) Is Posting Healthy Earnings, But It Is Not All Good News

Apr 07
Mechanical Technology (NASDAQ:MKTY) Is Posting Healthy Earnings, But It Is Not All Good News

Earnings Tell The Story For Mechanical Technology, Incorporated (NASDAQ:MKTY) As Its Stock Soars 33%

Mar 25
Earnings Tell The Story For Mechanical Technology, Incorporated (NASDAQ:MKTY) As Its Stock Soars 33%

Shareholder Returns

SLNHUS SoftwareUS Market
7D-23.3%-0.2%0.04%
1Y-24.2%27.4%27.3%

Return vs Industry: SLNH underperformed the US Software industry which returned 27.4% over the past year.

Return vs Market: SLNH underperformed the US Market which returned 27.3% over the past year.

Price Volatility

Is SLNH's price volatile compared to industry and market?
SLNH volatility
SLNH Average Weekly Movement17.5%
Software Industry Average Movement7.7%
Market Average Movement6.2%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.1%

Stable Share Price: SLNH's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SLNH's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
196135John Belizairewww.solunacomputing.com

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business.

Soluna Holdings, Inc. Fundamentals Summary

How do Soluna Holdings's earnings and revenue compare to its market cap?
SLNH fundamental statistics
Market capUS$21.69m
Earnings (TTM)-US$39.31m
Revenue (TTM)US$39.87m

0.5x

P/S Ratio

-0.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SLNH income statement (TTM)
RevenueUS$39.87m
Cost of RevenueUS$12.26m
Gross ProfitUS$27.61m
Other ExpensesUS$66.92m
Earnings-US$39.31m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-4.69
Gross Margin69.25%
Net Profit Margin-98.60%
Debt/Equity Ratio50.4%

How did SLNH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 23:40
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Soluna Holdings, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Meghan MorelandArdour Capital Investments, LLC
Brion TanousMerriman Capital, Inc