Stock Ratings / Technology / SLNH / earnings

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Soluna Holdings Inc. (SLNH) Next Earnings Date & Expected ±12.5% Move

$0.67 -3.95% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $0.66

Soluna Holdings Inc. (SLNH) carries a Roarable Rating of E (Strong Sell) with 29/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (29/100 · E) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE E • RED ALERT Cap $172.4M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on SLNH Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is SLNH stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-02, Soluna Holdings Inc. (NASDAQ: SLNH) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 29/100 at a spot price of $0.67 (-3.95% 1D, market cap $172.4M). Pillar breakdown: Fundamental Cash Engine 3/20, Institutional 13F & Options Flow 12/20, Executive Insider Alignment 5/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 3/20. Across 714 tracked Technology issuers, SLNH ranks #619 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does SLNH compare to GDEV and ATGL in the Technology sector?

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Within the Technology sector (EDP Services), SLNH carries a Roarable E (29/100 RQD), trailing P/E of N/A, gross margin of 6.1%, and ROIC of -35.0%. By comparison, GDEV (GDEV Inc.) holds a D grade (47/100 RQD, P/E N/A, ROIC —, cap $163.4M) and ATGL (Alpha Technology Group Limited (Class A)) posts a D- grade (36/100 RQD, P/E N/A, ROIC —, cap $183.6M). Among the 5-stock peer group, SSTK leads on earnings multiple (3.5x) while UIS leads on capital efficiency (85.0% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for SLNH?

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Per SLNH's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0000064463), Soluna Holdings Inc. generated $29.7M in revenue (-21.8% YoY), -$53.4M in net income, and -$37.2M in free cash flow against $187.9M in total assets and $17.9M in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $0.66 (-0.90%)🧬 Dilution Drag (+2.48% YoY Shares)⚙️ Cash Engine: 3/20 (E) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (29/100 · E) historically underperformed SPY in 71% of rolling 90-day windows (-9.8% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • E

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk E

Each axis scored 0–20

12M PRICE TARGET CONE-13.4% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for SLNH)Realized 20D OHLCV Swing Band: ±12.5%

Deterministic 5-Pillar Attribution (29/100 Composite)

🔍 WHY SLNH SCORES 29/100 (E) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+12/20 pts (41% of score)

20D Institutional Volume Accumulation (±12.5% realized swing band)

▲ #2 Bullish Driver: Macro Regime Fit+8/20 pts (28% of score)

FRED Regime × Technicals: 4% of 52W Range • RSI-14 at 38.7 (NEUTRAL RANGE)

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+2.48% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade E$0.90-25.6% Next Q

Q2 (-2Q)

Grade E$0.67-17.9% Next Q

Q3 (-1Q)

Grade E$0.55+21.8% Next Q

Current

Grade E$0.67-9.8% Hist 90D α

Trajectory: E (37) → E (29)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a SLNH Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While SLNH currently carries a cautious 29/100 (E) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Technology with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($1.00) and Max Pain ($0.70) forces dealer call-delta covering toward $4.24.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+2.48% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $SLNH• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “SLNH Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 29%NO 71%Trade / Inspect Odds →

NEXT EST. WINDOW: Dec 30, 2026 (~57 DAYS)

Historical OHLCV Volatility ±12.5% Swing Band

±$0.08 Expected Swing

MODEL EARNINGS SETUP GAUGE

SLNH Quantitative Pre-Earnings Setup: 29/100

Trailing EPS: $4.25 • YoY Revenue Growth: -21.8%

Model Bullish Setup (29/100)Model Risk Weight (71/100)

Derived deterministically from RQD cash-flow quality, SEC accrual safety, and institutional flow (not a community poll).

LOG YOUR PERSONAL PRE-EARNINGS STANCE (SAVED LOCALLY IN BROWSER):

Recent SEC Reported Revenue, Net Profit & Diluted EPS Cadence

Period	Filed	Revenue	Net Profit	Free Cash Flow	Gross Margin
FY 2025	2025-12-31	$29.7M	-$53.4M	-$37.2M	6.1%
FY 2024	2024-12-31	$38.0M	-$63.3M	-$13.9M	-50%
FY 2023	2023-12-31	$21.1M	-$29.2M	-$3.0M	8%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring SLNH)

✓Walkthrough of SLNH's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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SLNH // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -59.64%▼ DESCENDING CHANNEL

2026-10-30O $0.65H $0.67L $0.63C $0.67VOL 12.41M

RES: $1.19SUP: $0.48SMA50: $1.00SMA200: $1.17

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

SLNH Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 SLNH Butterfly Map → + Track SLNH →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. -21.8% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on SLNH today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for SLNH. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for SLNH today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (SLNH)

Technology Rank #619 of 714 ⚔️ GDEV vs SLNH Full Matrix →

1. Head-to-Head Technology Peer Comparison (SLNH vs. GDEV, ATGL, SSTK, UIS)

Industry: EDP Services (163 Tracked Issuers)

Across 714 tracked Technology securities in the Roarable RQD universe, Soluna Holdings Inc. (SLNH) ranks #619 by composite RQD confidence (29/100, grade E) and #491 by equity capitalization ($172.4M). Within this direct 5-issuer industry benchmark cohort, SSTK leads on earnings valuation at 3.5x trailing P/E, while UIS leads on capital efficiency and profitability with 85.0% ROIC and 28.2% gross margin. SSTK currently holds the highest overall quantitative score in the immediate peer group at 56/100 (D+) compared with SLNH at 29/100 (E).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
SLNH ACTIVE Soluna Holdings Inc.	E	29/100	—	6.1%	-35.0%	-3.95%	$172.4M	Benchmark Subject
GDEV GDEV Inc.	D	47/100	—	—	—	0.00%	$163.4M	/gdev-vs-slnh →
ATGL Alpha Technology Group Limited (Class A)	D-	36/100	—	49.2%	—	-4.39%	$183.6M	/atgl-vs-slnh →
SSTK Shutterstock Inc.	D+	56/100	3.5x	58.9%	11.4%	-4.61%	$160.4M	/sstk-vs-slnh →
UIS Unisys Corporation	D-	40/100	—	28.2%	85.0%	-1.88%	$194.0M	/uis-vs-slnh →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0000064463

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Soluna Holdings Inc. (SLNH) reported GAAP revenue of $29.7M (-21.8% vs. FY2024 revenue of $38.0M , and +41.1% cumulative change since FY2023) , GAAP net income of -$53.4M, operating cash flow of -$9.1M, and free cash flow of -$37.2M (-167.3% YoY). On the balance sheet, SLNH closed FY2025 with $187.9M in total assets against $17.9M in total debt (Altman Z-Score: 0.20, Piotroski F-Score: 4/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$29.7M	-$53.4M	-$9.1M	-$37.2M	$187.9M	$17.9M
FY2024 (FY)	2024-12-31	$38.0M	-$63.3M	-$5.1M	-$13.9M	$88.0M	$7.1M
FY2023 (FY)	2023-12-31	$21.1M	-$29.2M	-$3.0M	-$3.0M	—	—

3. SLNH Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is SLNH stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does SLNH compare to GDEV and ATGL in the Technology sector?

What are the biggest fundamental strengths and SEC risk factors for SLNH?

Where is SLNH trading relative to its 50-day, 200-day, and 52-week technical levels?

SLNH last traded at $0.67 (-3.95% on volume of 12,436,712 shares), positioning the stock -33.00% below its 50-day simple moving average ($1.00) and -42.74% below its 200-day simple moving average ($1.17). Across its 52-week range of $0.52 to $4.04, SLNH sits at the 4.3% percentile with a 14-day RSI of 38.7 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($1.00 to $0.75).

SLNH Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

When is SLNH's next earnings date?

Based on SEC filing cadence, Soluna Holdings Inc. (SLNH)'s next quarterly reporting window is estimated around Dec 30, 2026.

How much is SLNH stock expected to move on earnings?

Volatility modeling currently projects a ±12.5% event move for SLNH, spanning a range between $1 and $0.75.

Direct Sub-Reports: SLNH RQD Cockpit SLNH 12M Forecast SLNH Earnings & Move SLNH Dividends & DRIP SLNH Insiders & 13F SLNH Whale Options SLNH Profit Sankey SLNH News & Why

ROARABLE RATING BRIEF • RQD 29/100 (E) ✓ STAGE-C NUMBER FIREWALL VERIFIED

SLNH — Soluna Holdings Inc.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:42:04Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, SLNH carries an RQD Score of 29 and a letter grade of E, labeled "Roarable Strong Sell — Forensic Risk / Avoid." The five pillars are scored as follows:

Fundamental Cash Engine: 1 / 20. The source cites ROIC of -35% and an FCF yield of -21.58%. This is the weakest pillar and indicates the business is not currently converting capital into cash returns.
Whale 13F Flow: 12 / 20. The source describes institutional accumulation and options positioning. This is the strongest pillar, though it reflects positioning rather than fundamental earnings power.
Insider Conviction: 3 / 20. The source references SEC Form 4 and Congressional PTR cluster flow, scored low.
Macro Regime Fit: 8 / 20. The source cites Beta 1.0 and sector sensitivity.
Forensic Balance Sheet: 5 / 20. The source cites Altman Z 0.2, Piotroski F 4/9, and Debt/Equity 0.33.

For a prospective investor, the rating's central message is that the cash-generation and balance-sheet pillars carry the most weight in the negative direction. A bull case would need to rest on the institutional positioning pillar, which by itself cannot offset weak cash returns and a distressed-range Altman Z. Valuation tradeoffs are difficult to assess because P/E and EV/EBITDA are not available in source data, and the stock's $0.67 price sits near the bottom of its $0.52–$4.04 52-week range. Any upside driver would need to come from a sustained turn in operating economics, which the source data does not show.

Financial Trend

Period	Revenue	Operating Income	Net Income	EPS	FCF	Cash	Debt
FY 2025	$29.7M	$-33.7M	$-53.4M	N/A	$-37.2M	N/A	$17.9M
FY 2024	$38.0M	$-47.5M	$-63.3M	N/A	$-13.9M	N/A	$7.1M
FY 2023	$21.1M	$-20.2M	$-29.2M	N/A	$-3.0M	N/A	N/A

Per the SEC financials, revenue moved from $21.1M in FY 2023 to $38.0M in FY 2024 and $29.7M in FY 2025, while net losses were $-29.2M, $-63.3M, and $-53.4M across the same years. Per the market data, gross margin is 6.1%, operating margin is -60%, net margin is -60%, and ROIC is -35%. Per the Roarable RQD rating, the Altman Z-Score is 0.2 and the Piotroski F-Score is 4/9, with Debt/Equity of 0.33. Cash balances are reported as N/A in the source data, so liquidity cannot be assessed from the provided figures.

Recent Catalysts & News Wire Analysis

Per the recent news section:

RISK WATCH (RED): A Yahoo Finance report headlined that fair value fell after analysts cut targets on an HPC joint venture.
CATALYST (GREEN): A Stock Titan report stated that Soluna raised its share ceiling with 375M shares previously authorized.
MARKET WIRE (YELLOW): Barchart.com reported a major data center win; Yahoo Finance reported shareholder approval of a share increase and YA equity deal; The Globe and Mail carried a price and news item.
RISK WATCH (RED): kalkine.ca reported the stock fell over a month despite a new data center deal.

Per the Butterfly Supply-Chain Graph, the supply_chain field is NONE, with no butterfly links and no proprietary signals. The mixed headline set pairs data-center wins with dilution-related items (share authorization and equity deal) and analyst target cuts.

Open Questions

What is the company's cash balance and liquidity runway, given that cash is reported as N/A across all periods?
What are the terms and size of the YA equity deal and the share increase approved at the 2026 meeting?
What specific revenue sources and customers drive the HPC joint venture and data center contracts?
What are the magnitudes of the analyst target cuts referenced in the RED-flagged headline?
Why is FY 2025 EPS and TTM EPS unavailable, and what share count underlies the $172.4M market capitalization?

SLNH Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Soluna Holdings Inc. (SLNH) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to SLNH Debate Forum (3) ↓

🔴 RISK WATCH Yahoo Finance • 7h ago

Soluna Holdings (SLNH) Stock Fair Value Falls After Analysts Cut Targets On HPC Joint Venture

Yahoo Finance report covering Soluna Holdings Inc. (SLNH) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Barchart.com • 10h ago

How to Play SLNH Stock as Soluna Scores a Major Data Center Win

Barchart.com report covering Soluna Holdings Inc. (SLNH) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 13h ago

Soluna Stockholders Approve Share Increase, YA Equity Deal at 2026 Meeting

Yahoo Finance report covering Soluna Holdings Inc. (SLNH) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE The Globe and Mail • 16h ago

Soluna Hldgs Inc (SLNH-Q) Stock Price and News

The Globe and Mail report covering Soluna Holdings Inc. (SLNH) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Stock Titan • 19h ago

With 375M shares previously authorized, Soluna Holdings (SLNH) raises its share ceiling.

Stock Titan report covering Soluna Holdings Inc. (SLNH) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH kalkine.ca • 22h ago

Soluna Holdings (NASDAQ:SLNH) Penny Stock Falls in a Month Despite a New Data Center Deal

kalkine.ca report covering Soluna Holdings Inc. (SLNH) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH MarketBeat • 1d ago

Soluna (NASDAQ:SLNH) Stock Price Target Cut by Rosenblatt Securities

MarketBeat report covering Soluna Holdings Inc. (SLNH) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 1d ago

Soluna Agrees to Form Strategic Partnership with Applied Digital to Develop Wind-Powered AI Data Center in Texas

Yahoo Finance report covering Soluna Holdings Inc. (SLNH) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

SLNH Bull vs. Bear Conversation Board — What's Your Call at $0.67?

🐂 33% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON SLNH 🐻 67% BEARISH CONVICTION

RO RoarDesk_Moderator Roarable Research Desk 🐻 BEARISH 🎯 Target: $0.59 (-11.9%)

📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is SLNH (E • RQD 29/100) a Buy at $0.67?

Welcome to the SLNH (Soluna Holdings Inc.) Roar Pit. Current RQD Composite is 29/100 (Roarable Strong Sell — Forensic Risk / Avoid) in EDP Services. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

RE RedlineAuditor Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $0.56 (-16.4%)

Spot @ $0.67

Pump the brakes on SLNH — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on SLNH, but look at what you are paying: current EV/EBITDA multiples with 6.1% gross margins. Unless Soluna Holdings Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

AL AlphaFlow_Cap Verified K Arena Trader 🐂 BULLISH 🎯 Target: $0.76 (+13.4%)

Spot @ $0.67

SLNH cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on SLNH, the market is fixating on short-term headline noise in EDP Services and ignoring the balance sheet and cash flow trajectory. At $0.67 (52-wk range $0.52 - $4.04), any beat on forward guidance forces shorts and underweight funds to chase.