Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
- Valuation
- About
Soluna Holdings Inc (SLNH)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
12/09/2025: SLNH (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
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 -12.88% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 12/09/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 10.07M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 3.76 | 52 Weeks Range 0.36 - 7.00 | Updated Date 06/29/2025 |
52 Weeks Range 0.36 - 7.00 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -10.41 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -208.98% | Operating Margin (TTM) -120.91% |
Management Effectiveness
Return on Assets (TTM) -38.12% | Return on Equity (TTM) -166.42% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 25264367 | Price to Sales(TTM) 0.32 |
Enterprise Value 25264367 | Price to Sales(TTM) 0.32 | ||
Enterprise Value to Revenue 0.8 | Enterprise Value to EBITDA -0.63 | Shares Outstanding 18215500 | Shares Floating 7864049 |
Shares Outstanding 18215500 | Shares Floating 7864049 | ||
Percent Insiders 35.95 | Percent Institutions 12.37 |
Upturn AI SWOT
Soluna Holdings Inc
Company Overview
History and Background
Soluna Holdings Inc. (formerly known as NioCorp Developments Ltd.) was founded in 2009. The company's initial focus was on developing a rare earth element deposit. In 2022, it underwent a significant strategic shift, rebranding and focusing on a more diversified approach within the technology and renewable energy sectors, particularly in the context of data centers and energy solutions. This pivot involved the acquisition of certain assets and a change in strategic direction.
Core Business Areas
- Sustainable Data Centers: Soluna Holdings aims to develop and operate eco-friendly, sustainable data centers powered by renewable energy sources. These centers are designed to reduce the carbon footprint associated with the high energy demands of computing.
- Proprietary Software: The company is developing proprietary software solutions aimed at optimizing energy consumption and management within its data centers and for its clients. This software plays a crucial role in achieving energy efficiency.
- Energy Solutions: Soluna Holdings is exploring and implementing various energy solutions, including the integration of renewable energy sources like solar and wind power, to fuel its operations and potentially offer to clients.
Leadership and Structure
Soluna Holdings Inc. is led by a management team with experience in technology, energy, and finance. The exact structure is typical of a publicly traded company with departments for operations, technology, finance, and corporate development. Specific details on the full board of directors and executive team can be found in their SEC filings.
Top Products and Market Share
Key Offerings
- Description: Soluna Holdings is building and operating modular, green data centers. These facilities are designed to be energy-efficient and utilize renewable energy. The company has initiated development on projects in different locations, aiming to capture a share of the growing demand for sustainable computing infrastructure. Competitors in this space include traditional data center providers and other companies specializing in green data center development.
- Segment Name: Sustainable Data Center Solutions
- Description: The company's proprietary software is designed to manage and optimize energy usage within data centers. This software is a key differentiator, enabling efficient power distribution and integration of renewable energy sources. While specific market share data for this niche software is not readily available, it competes with various energy management and IoT platform solutions.
- Segment Name: Energy Optimization Software
Market Dynamics
Industry Overview
Soluna Holdings operates in the rapidly growing data center industry, which is experiencing a surge in demand due to the expansion of cloud computing, AI, and big data. Simultaneously, there is increasing pressure and regulatory focus on reducing the environmental impact of these energy-intensive operations, creating a strong demand for sustainable and renewable energy-powered data center solutions.
Positioning
Soluna Holdings positions itself as a leader in sustainable data center solutions, leveraging renewable energy and proprietary software for energy optimization. Their competitive advantage lies in their focus on environmental responsibility and their ability to integrate renewable energy directly into their data center operations, aiming for lower operational costs and a reduced carbon footprint.
Total Addressable Market (TAM)
The global data center market is valued in the hundreds of billions of dollars and is projected to continue significant growth. The TAM for sustainable data centers, specifically, is rapidly expanding as environmental concerns become paramount. Soluna Holdings is positioned to capture a segment of this growing market by offering a differentiated, eco-friendly solution, though they are a relatively new entrant compared to established players.
Upturn SWOT Analysis
Strengths
- Focus on sustainability and renewable energy, aligning with market trends and ESG demands.
- Proprietary software for energy optimization provides a potential competitive edge.
- Modular data center design allows for scalability and flexibility.
- Strategic partnerships and potential for early mover advantage in niche green data center markets.
Weaknesses
- Relatively small scale and operational history compared to established data center giants.
- Reliance on securing significant capital for infrastructure development.
- Execution risk associated with developing and scaling new technologies and facilities.
- Brand recognition and market penetration challenges.
Opportunities
- Growing demand for green computing and sustainable data solutions.
- Expansion into new geographic markets with strong renewable energy potential.
- Strategic partnerships with renewable energy providers and large tech companies.
- Development of additional AI and blockchain-related services leveraging their infrastructure.
Threats
- Intense competition from established data center providers and new entrants.
- Fluctuations in energy prices and availability of renewable energy sources.
- Changes in regulations or government policies related to data centers and energy.
- Technological obsolescence and the need for continuous innovation.
Competitors and Market Share
Key Competitors
- Equinix (EQIX)
- Digital Realty Trust (DLR)
- CyrusOne (CONE)
- CoreSite Realty (COR)
- Switch (SWCH)
Competitive Landscape
Soluna Holdings faces a highly competitive landscape dominated by large, established data center REITs and colocation providers with extensive infrastructure and client bases. Soluna's advantage lies in its dedicated focus on sustainability and renewable energy integration, appealing to a growing segment of environmentally conscious clients. However, it must contend with the scale, capital, and brand recognition of its larger competitors.
Growth Trajectory and Initiatives
Historical Growth: Historically, the company has been in a phase of strategic repositioning and infrastructure development. Growth would be measured by the progress in building out its data center capacity, securing energy contracts, and scaling its software solutions. Past performance is indicative of an early-stage growth trajectory with significant investment.
Future Projections: Future projections for Soluna Holdings would depend on its ability to successfully execute its development pipeline, secure financing, and achieve operational efficiency in its sustainable data centers. Analyst estimates, if available, would provide insights into expected revenue growth and profitability improvements.
Recent Initiatives: Recent initiatives likely include the progression of current data center projects, forging strategic partnerships, advancements in their proprietary software, and potential new project announcements. Their focus on securing renewable energy sources for their facilities is a key ongoing initiative.
Summary
Soluna Holdings Inc. is an emerging player in the sustainable data center market, leveraging renewable energy and proprietary software. Its strengths lie in its eco-friendly focus and technological innovation, aligning with growing market demand. However, it faces significant challenges from established competitors, capital intensity, and execution risks. Success hinges on its ability to scale operations, secure funding, and effectively deliver on its sustainability promise.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Investor Relations Websites
- Financial News Outlets
- Industry Analysis Reports
Disclaimers:
This analysis is based on publicly available information as of the last update and is for informational purposes only. It does not constitute financial advice. Investors should conduct their own due diligence before making any investment decisions. Market share data and financial metrics are estimates and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 47 | Website https://www.solunacomputing.com |
Full time employees 47 | Website https://www.solunacomputing.com | ||
Soluna Holdings, Inc., together with its subsidiaries, engages in the mining of cryptocurrency through data centres. It operates through three segments, Cryptocurrency Mining, Data Center Hosting, and High-Performance Computing Services. 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. Soluna Holdings, Inc. was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. in November 2021. The company was founded in 1961 and is headquartered in Albany, New York.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.