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StockVS

NASDAQ · Capital Markets · USD

Soluna Holdings, Inc. (SLNH) Stock Analysis

Soluna Holdings, Inc. (SLNH) is a Capital Markets stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

SLNH

$0.56

−$0.02 (−2.82%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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SLNH Key Statistics

As of Oct 21, 2026
Trading
Open
$0.61
Previous Close
$0.58
Day's Range
0.55–0.62
52-Week Range
0.55–4.04
Volume
21.04M
Valuation
Market Cap
$137.14M
P/E Ratio
unprofitable
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
3.26
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.64
Financials (FY)
Revenue (FY)
$29.72M−21.84%
Net Income (FY)
−$53.41M
Profit marginThe share of revenue left as profit after all costs and taxes.
−182.16%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
244.59M
1-Year Return
−83.89%
Dividend and dates
Earnings Date
November 12, 2026estimated
Avg Volume
9.10M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, SLNH closed at $0.56, −83.89% over 1 year.

Soluna Holdings, Inc. (SLNH) has a market capitalization of $137.14M.

In fiscal 2025, SLNH reported revenue of $29.72M.

SLNH Stock Return by Calendar Year

Soluna Holdings, Inc. (SLNH) 10-year return: what $10,000 became

1 year
$10,000 $1,611
−83.89%
5 years
$10,000 $18
−99.82%
10 years
$10,000 $301
−96.99%

If you had invested $10,000 in Soluna Holdings, Inc. (SLNH) 10 years ago, at the close on October 21, 2016, it would have been worth $301 at the close on October 21, 2026: −96.99% in total, −29.56% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−52.08%
2025−44.29%
2024−47.50%
2023−38.46%
2022−97.58%
2021+128.45%
2020+602.99%
2019+9.80%
2018−19.80%
2017−30.34%
2016 (partial year)+70.59%

As of October 21, 2026.

SLNH Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$29.72M−$53.41M−179.7%
2024$38.02M−$63.33M−166.6%
2023$21.07M−$29.20M−138.6%
2022$28.55M−$98.72M−345.8%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$29.72M$6.46M−$33.67M−$53.41M−179.7%
2024$38.02M$9.39M−$18.80M−$63.33M−166.6%
2023$21.07M$5.24M−$19.67M−$29.20M−138.6%
2022$28.55M−$7.96M−$36.67M−$98.72M−345.8%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

SLNH Valuation vs Capital Markets Median

Median of 100 stocks
MetricSLNHCapital Markets medianvs median
P/S ratio3.262.2743% above
Profit margin−182.16%3.34%185.5 pts below

Medians across 100 Capital Markets stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 14 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Soluna Holdings, Inc. (SLNH) at $137.14M. The company sits in the Financial Services sector, in the Capital Markets industry. Headcount on file is 51.

SLNH last closed at $0.56 on October 21, 2026. That is −$0.02 (−2.82%) against the previous close. Over the past 52 weeks the price has ranged from $0.55 to $4.04. The latest close sits 1.85% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $29.72M. That is −21.84% against the prior fiscal year, when revenue was $38.02M. The same year closed with a net loss of $53.41M. The reported profit margin is −182.16%. That is 185.5 percentage points below the Capital Markets median of 3.34%. Trailing earnings per share are −0.64.

Across the 4 fiscal years on file, revenue moves from $28.55M in 2022 to $29.72M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The price-to-sales ratio is 3.26. On price-to-sales that is 43.45% above the Capital Markets median of 2.27. 100 Capital Markets companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the total return is −83.89%. Across 10 years the annualized return works out at −29.56%. Daily returns over the trailing 10 years annualize to a volatility of 128.07%.

Growth & Income

The latest dividend on file for SLNH dates from 2019.

2026 is still running; the total return is −52.08% year to date. Across the complete calendar years on file, 2020 returned +602.99% and 2022 returned −97.58%. Of the 9 complete calendar years on file, 3 finished higher.

Peer Comparison

Soluna Holdings, Inc. (SLNH) operates in the Capital Markets industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Soluna Holdings, Inc. SLNH $137.14M —
Morgan Stanley MS $293.71B 14.8
The Goldman Sachs Group, Inc. GS $263.43B 13.0
The Charles Schwab Corporation SCHW $158.48B 15.7

The Capital Markets industry average P/E ratio is 15.7x. Soluna Holdings, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Soluna Holdings, Inc.

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, as well as provides colocation and hosting services to large-scale bitcoin mining operators. In addition, the company develops and builds modular data centrers that use for cryptocurrency mining. Further, it provides data center 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.

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