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SLNH
Upturn stock ratingUpturn stock rating

Soluna Holdings Inc (SLNH)

Upturn stock ratingUpturn stock rating
$2.79
Last Close (24-hour delay)
Profit since last BUY184.69%
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BUY since 21 days
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Upturn Advisory Summary

10/14/2025: SLNH (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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 -5.06%
Avg. Invested days 24
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
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 10/14/2025

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

ai summary icon Upturn AI SWOT

Soluna Holdings Inc

stock logo

Company Overview

overview logo History and Background

Soluna Holdings, formerly Mechanical Technology, Inc., focuses on vertically integrated computing, renewable energy, and digital infrastructure. It was founded in 1961 and has evolved from a technology and engineering firm to a sustainable computing infrastructure provider.

business area logo Core Business Areas

  • Computing: Provides high-performance computing solutions leveraging renewable energy for blockchain, AI, and other compute-intensive applications.
  • Renewable Energy: Develops and operates renewable energy power plants, primarily wind and solar, to power its computing facilities.
  • Digital Infrastructure: Builds and manages digital infrastructure, including data centers and related facilities, designed for high-density computing and powered by renewable energy.

leadership logo Leadership and Structure

John Belizaire is the CEO. The company has a board of directors and operates with a functional organizational structure divided across technology, energy, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Bitcoin Mining: Utilizes renewable energy to power bitcoin mining operations. The market share fluctuates with bitcoin price and hashrate. Competitors include Marathon Digital Holdings (MARA) and Riot Platforms (RIOT).
  • High-Performance Computing (HPC): Offers HPC services fueled by renewable energy, targeting AI, blockchain, and other industries. Market share is emerging. Competitors include Core Scientific (CORZ) and Hive Blockchain (HIVE).
  • Renewable Energy Generation: Generates and sells renewable energy. The market share depends on the capacity of its renewable energy plants. Competitors include various renewable energy companies such as NextEra Energy (NEE).

Market Dynamics

industry overview logo Industry Overview

The market involves renewable energy, bitcoin mining, and high-performance computing (HPC) industries. All are rapidly growing sectors, but are also competitive and subject to regulatory and market changes.

Positioning

Soluna is positioned as a sustainable computing infrastructure provider, aiming to differentiate itself by integrating renewable energy generation with computing operations.

Total Addressable Market (TAM)

The combined TAM for renewable energy, HPC, and Bitcoin mining is estimated to be in the hundreds of billions of USD. Soluna aims to capture a share by building facilities powered by renewable energy and HPC.

Upturn SWOT Analysis

Strengths

  • Vertically integrated model
  • Focus on renewable energy
  • Eco-friendly image
  • Proprietary data center designs optimized for HPC
  • Scalable infrastructure

Weaknesses

  • High capital expenditure requirements
  • Dependence on cryptocurrency prices
  • Limited operating history in HPC
  • History of financial losses

Opportunities

  • Growing demand for sustainable computing
  • Expansion into new renewable energy sources
  • Partnerships with AI and blockchain companies
  • Government incentives for renewable energy
  • Increasing bitcoin prices

Threats

  • Fluctuations in cryptocurrency prices
  • Changes in regulations related to cryptocurrency and energy
  • Competition from established data center providers
  • Supply chain disruptions
  • Rising interest rates

Competitors and Market Share

competitor logo Key Competitors

  • MARA
  • CLSK
  • HIVE

Competitive Landscape

Soluna's advantage lies in its focus on renewable energy, but it faces competition from larger, more established players with greater financial resources and infrastructure.

Major Acquisitions

Project Dorothy (CleanSpark)

  • Year: 2022
  • Acquisition Price (USD millions): 4.5
  • Strategic Rationale: Expand Bitcoin mining capacity and access to cost effective and clean power.

Growth Trajectory and Initiatives

Historical Growth: Growth has been inconsistent due to the volatile nature of bitcoin mining and the capital-intensive nature of renewable energy development.

Future Projections: Future projections rely on successful expansion of renewable energy capacity and increased bitcoin mining revenue. Analyst estimates vary, requiring direct consultation of financial analysts' reports.

Recent Initiatives: Recent strategic initiatives include expanding their renewable energy generation capacity, securing new partnerships in the HPC sector, and optimizing their bitcoin mining operations.

Summary

Soluna Holdings presents a speculative investment opportunity characterized by its focus on sustainable computing infrastructure. The integration of renewable energy with Bitcoin mining and HPC positions it uniquely. The company's growth is heavily reliant on cryptocurrency prices and access to capital, and profitability is still a challenge. Investors should be aware of its speculative nature and monitor the companyu2019s performance closely.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Press Releases
  • Financial News Outlets
  • Analyst Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly. Conduct thorough research 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 47
Full time employees 47

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.