Contrasting Soluna (NASDAQ:SLNH) & SKYX Platforms (NASDAQ:SKYX)

Soluna (NASDAQ:SLNH) and SKYX Platforms (NASDAQ:SKYX) are both small-cap business services companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, dividends, valuation, profitability, risk, earnings and institutional ownership.

Valuation and Earnings

This table compares Soluna and SKYX Platforms”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Soluna	$38.02 million	1.59	-$63.33 million	($8.86)	-0.10
SKYX Platforms	$86.28 million	3.01	-$35.77 million	($0.35)	-6.11

SKYX Platforms has higher revenue and earnings than Soluna. SKYX Platforms is trading at a lower price-to-earnings ratio than Soluna, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Soluna has a beta of 4.56, indicating that its share price is 356% more volatile than the S&P 500. Comparatively, SKYX Platforms has a beta of -4000.84, indicating that its share price is 400,184% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Soluna and SKYX Platforms, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Soluna	1	0	1	0	2.00
SKYX Platforms	1	1	2	0	2.25

Soluna presently has a consensus target price of $5.00, suggesting a potential upside of 467.21%. SKYX Platforms has a consensus target price of $5.00, suggesting a potential upside of 133.64%. Given Soluna’s higher possible upside, research analysts clearly believe Soluna is more favorable than SKYX Platforms.

Profitability

This table compares Soluna and SKYX Platforms’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Soluna	-274.18%	-170.50%	-63.47%
SKYX Platforms	-39.35%	N/A	-56.71%

Insider & Institutional Ownership

23.2% of Soluna shares are held by institutional investors. Comparatively, 11.8% of SKYX Platforms shares are held by institutional investors. 10.1% of Soluna shares are held by insiders. Comparatively, 30.0% of SKYX Platforms shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

SKYX Platforms beats Soluna on 10 of the 14 factors compared between the two stocks.

About Soluna

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.

About SKYX Platforms

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company’s first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box. It also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is based in Pompano Beach, Florida.