SOLUNA HOLDINGS INC (SLNH)
NASDAQFinancialsHardware, Equipment & PartsSnapshot 2026-09-14
$1.15-3.36%
Close 2026-09-14 · 1-day change
NASDAQFinancialsHardware, Equipment & PartsSnapshot 2026-09-14
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.
The reason to own it still holds.
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 4% on a typical day and fell roughly 86% in its worst 12-month stretch.
View RiskSLNH's growth hinges on expanding its AI infrastructure leadership. Revenue surged 145% year over year, despite a recent earnings miss. It trades at 4.0× price-to-sales, above the 2.6× peer median, indicating that expectations look modest versus our view. A specific risk is the 38% probability of another earnings miss next quarter. Peer multiples imply a price about 46% above where it trades. Our read remains intact.
Trailing returns as of 2026-09-14. SLNH is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 1 analyst currently covering SLNH (as of Sep 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
Continue this research
Compare SLNH with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Free account required to save the handoff. No credit card.
| 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 2026-09-14. 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 achieve operating leverage across portfolio
Revenue growth supports operating leverage and AI pipeline potential.
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 2026-09-14. 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: Expand AI and HPC capacity via Kati 2 joint venture
New deployment enhances AI and HPC capacity growth.
Advances: Expand AI infrastructure leadership with new Chief Development Officer
Acquisition supports AI infrastructure leadership objective.
Advances: Expand AI infrastructure leadership with new Chief Development Officer
Revenue surge supports AI infrastructure leadership objective.
Advances: Expand AI infrastructure leadership with new Chief Development Officer
Debt plan supports AI infrastructure expansion goals.
Advances: Expand AI infrastructure leadership with new Chief Development Officer
Revenue surge supports AI infrastructure leadership objective.
Threatens: Expand AI infrastructure leadership with new Chief Development Officer
Profitability pressure raises concerns about sustainable growth.
New leadership enhances strategic direction for AI initiatives.