SOLUNA HOLDINGS INC (SLNH)
NASDAQFinancialsHardware, Equipment & PartsSnapshot 2026-10-29
$0.70-3.00%
Close 2026-10-29 · 1-day change
NASDAQFinancialsHardware, Equipment & PartsSnapshot 2026-10-29
Research Workspace
Put SLNH beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Investment Banking & Brokerage is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Regain Nasdaq minimum bid price compliance: Direct metric needs a verified mapping.
View ThesisManagement screens weak on capital allocation, the balance sheet, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is highly volatile — it swings about 3% on a typical day and fell roughly 85% in its worst 12-month stretch.
View RiskSLNH's core case rests on sales growth despite unsteady management and high risk. Revenue grew 145% year over year, yet its latest quarter missed earnings by 64%. SLNH trades at 2.3× sales, matching peers; its own historical multiple was 3.4×. The price reflects less growth than our forecast, despite that peer match. A 40% next-quarter miss probability and unverified Nasdaq compliance mapping threaten the case. Peer multiples imply a price about 62% above where it trades. The thesis is on watch, and this read is provisional.
Trailing returns as of 2026-10-29. SLNH is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 2 analysts currently covering SLNH (as of Oct 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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Compare SLNH with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| SLNH Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 2 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Investment Banking & Brokerage — fair value, gap to price, and forward P/E.
Compare the value case
Put SLNH next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Grow revenue and build operating leverage
Reported revenue growth supports operating progress, though AI pipeline execution remains uncertain.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Grow revenue and build operating leverage
A 28-MW deployment adds co-mining activity and potential revenue-generating capacity.
Advances: Expand renewable-powered AI and HPC capacity
Texas land acquisition supports development of additional AI data-center capacity.
Advances: Grow revenue and build operating leverage
Reported 145% revenue growth supports expansion, while profitability and execution remain relevant.
Advances: Expand renewable-powered AI and HPC capacity
Financing plan and 206-MW operating target clarify substantial AI/HPC buildout ambitions.
Advances: Grow revenue and build operating leverage
Earnings-call disclosures provide operating updates relevant to revenue and execution.
Advances: Grow revenue and build operating leverage
Earnings-call highlights report operating progress, though no standalone new catalyst is specified.
Advances: Grow revenue and build operating leverage
Reported 145% revenue growth supports revenue expansion, subject to margins and sustainability.