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Upturn AI Summary - About
Soluna Holdings Inc(SLNH)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for SLNH
11/13/2026: SLNH (1-star) is currently NOT-A-BUY. Pass it for now.
Soluna Holdings is a digital infrastructure firm that converts excess renewable energy into computing power for Bitcoin mining and AI/HPC workloads. The company's main strength lies in its 'behind-the-meter' model, which utilizes otherwise wasted energy to lower operational costs. Its primary growth opportunity is the expansion of its massive 4.3 GW project pipeline to capture demand for AI data centers. Key risks include heavy reliance on external capital, execution challenges in scaling distributed sites, and potential volatility in energy and crypto markets. Soluna may suit growth-oriented investors interested in infrastructure, though it is not a traditional dividend or low-risk play.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company offers high-growth exposure to AI infrastructure and renewable energy compute. |
| Momentum investor | Mixed fit | The stock can exhibit significant price movement, but is highly sensitive to external AI and crypto market sentiment. |
| Value investor | Weak fit | The company is currently in a high-expenditure growth phase with negative earnings. |
| Dividend investor | Weak fit | The company does not pay dividends and reinvests all capital. |
| Low-risk investor | Weak fit | High beta and speculative nature present significant capital risk. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock experiences significant fluctuations based on crypto prices and AI sector trends. |
| Valuation risk | High | Market pricing often fluctuates between asset-backed value and speculative growth potential. |
| Competition risk (Infrastructure) | Medium / high | Intense competition for power grid capacity and hardware. |
| Business quality | Medium | The business model is innovative but depends heavily on execution and consistent energy availability. |
| Dividend income | Low / none | No dividend payments are provided. |
| Execution risk | High | Timely delivery of large-scale data center projects is critical to revenue generation. |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 121.63M USD | Price to earnings Ratio - | 1Y Target Price 2.75 |
Price to earnings Ratio - | 1Y Target Price 2.75 | ||
Volume (30-day avg) 10.6M shares | Beta 5.11 | 52 Weeks Range 0.45 - 2.36 | Updated Date 11/14/2026 |
52 Weeks Range 0.45 - 2.36 | Updated Date 11/14/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.64 |
Sector & Industry Intelligence
Sector
Financial Services
Constructive- Sentiment
- Bullish
- Momentum
- BUY Breadth Improving
- BUY participation
- 50.4%
- Active BUY / eligible
- 61 / 121
- 30-Day BUY Count Change
- +45
- Market state
- Bullish
More qualifying stocks are receiving or maintaining BUY advisories, indicating improving market participation.
Industry
Capital Markets
- BUY participation
- 0.0%
- Active BUY / eligible
- 0 / 11
- 30-Day BUY Count Change
- -1
Sector signal summarizes BUY breadth conditions for the sector. It does not override this stock’s BUY, SELL, or PASS advisory.
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -14.44% | Avg. Invested days 6 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/13/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Bitcoin Mining | Revenue from proprietary Bitcoin mining and joint venture mining operations. | Profitability depends directly on Bitcoin prices and energy efficiency. |
| Hosting Services | Fees collected from third-party customers for infrastructure and power access. | Provides recurring, stable revenue compared to volatile proprietary mining. |
| AI/HPC Services | Colocation services for intensive computing and AI model training. | Represents a high-margin growth pillar currently under development. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 47.50M | Price to Sales(TTM) 2.89 |
Enterprise Value 47.50M | Price to Sales(TTM) 2.89 | ||
Enterprise Value to Revenue 1.13 | Enterprise Value to EBITDA -0.63 | Shares Outstanding 244.59M | Shares Floating 186.77M |
Shares Outstanding 244.59M | Shares Floating 186.77M | ||
Percent Insiders 23.68 | Percent Institutions 23.77 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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