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Soluna HoldingsSLNH -11.60%35 Market Cap is $177.47 Mil as of Jul. 13, 2026. GuruFocus rates SLNH with a GF Score™ of 35/100 and a GF Value™ of $0.16 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 830 Capital Markets companies, Soluna Holdings ranks better than 64.46% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Soluna Holdings's share price for the quarter that ended in Mar. 2026 was $0.7068. Soluna Holdings's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 111.72 Mil. Therefore, Soluna Holdings's market cap for the quarter that ended in Mar. 2026 was $78.96 Mil.
Soluna Holdings's quarterly market cap
declined
from Sep. 2025 ($150.52 Mil) to Dec. 2025 ($119.96 Mil) and
declined
from Dec. 2025 ($119.96 Mil) to Mar. 2026 ($78.96 Mil).
Soluna Holdings's annual market cap
increased
from Dec. 2023 ($10.02 Mil) to Dec. 2024 ($22.27 Mil) and
increased
from Dec. 2024 ($22.27 Mil) to Dec. 2025 ($119.96 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Soluna Holdings's Enterprise Value for Today is $202.01 Mil.
Soluna Holdings (NAS:SLNH) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Soluna Holdings Market Cap Related Terms
Soluna Holdings Market Cap Historical Data
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The historical data trend for Soluna Holdings's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Capital Markets subindustry, Soluna Holdings's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Soluna Holdings Market Cap vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Soluna Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Soluna Holdings's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Soluna Holdings's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Soluna Holdings (SLNH) has a Market Cap of $177.47 Mil as of Jul. 13, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Soluna Holdings and its competitors. According to the industry distribution chart, Soluna Holdings ranks #295 out of 830 companies in the Capital Markets industry, placing it in the top 35.5%.
Is Soluna Holdings' Market Cap too high?
Soluna Holdings' current Market Cap is $177.47 Mil. The Capital Markets industry median Market Cap is 56.51. Soluna Holdings' value of $177.47 Mil is 214.1% above this industry median. Based on the distribution chart, Soluna Holdings ranks #295 out of 830 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Soluna Holdings has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Soluna Holdings' Market Cap compare to FUFU and BMHL?
According to the Capital Markets industry distribution chart, Soluna Holdings ranks #295 out of 830 companies for Market Cap. This puts Soluna Holdings in the upper half of its industry. The industry median Market Cap is 56.51. Soluna Holdings' value of $177.47 Mil is 214.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Capital Markets company?
The median Market Cap among Capital Markets companies is 56.51, based on 830 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Soluna Holdings's current Market Cap of $177.47 Mil is 214.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Soluna Holdings and its competitors. For the Capital Markets industry, the median Market Cap is 56.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Soluna Holdings's current Market Cap is $177.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soluna Holdings stock overvalued right now?
Based on GuruFocus' analysis, Soluna Holdings (SLNH) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.16, compared to a current price of $1.13 — trading 603.1% above its estimated fair value. The current Market Cap is $177.47 Mil and 214.1% above the Capital Markets industry median of 56.51. Soluna Holdings' overall GF Score™ is 35/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Soluna Holdings (SLNH), the current Market Cap is $177.47 Mil as of Jul. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Soluna Holdings (SLNH) Overvalued in 2026?
Based on GuruFocus' analysis, Soluna Holdings stock appears to be overvalued.
The current stock price of $1.13 is trading 603.1% above its estimated GF Value™ of $0.16.
GuruFocus considers Soluna Holdings to be Significantly Overvalued.
Key valuation signals for SLNH:
Market Cap: $177.47 Mil
GF Value™: $0.16 vs. price of $1.13 (603.1% above fair value)
Industry Position: 214.1% above the Capital Markets median (#295 of 830)
No single metric tells the full story. See the SLNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Soluna Holdings Inc is a U.S.-based company engaged in the development and operation of data centers powered by renewable energy. The company utilizes excess or curtailed energy from renewable sources to support high-performance computing applications, including cryptocurrency mining, artificial intelligence, and machine learning. Its business model focuses on converting underutilized renewable energy into computing resources through co-located data center infrastructure.
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