Head-To-Head Contrast: Soluna (NASDAQ:SLNH) vs. SKYX Platforms (NASDAQ:SKYX)

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

Valuation and Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SKYX Platforms	$86.28 million	3.03	-$35.77 million	($0.35)	-6.16
Soluna	$38.02 million	1.61	-$63.33 million	($8.86)	-0.10

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.

Institutional & Insider Ownership

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

Profitability

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

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

Analyst Recommendations

This is a summary of current ratings and target prices for SKYX Platforms and Soluna, as reported by MarketBeat.com.

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

SKYX Platforms currently has a consensus target price of $5.00, suggesting a potential upside of 132.02%. Soluna has a consensus target price of $5.00, suggesting a potential upside of 459.91%. Given Soluna’s higher probable upside, analysts plainly believe Soluna is more favorable than SKYX Platforms.

Risk and Volatility

SKYX Platforms has a beta of -4002.06, meaning that its stock price is 400,306% less volatile than the S&P 500. Comparatively, Soluna has a beta of 4.56, meaning that its stock price is 356% more volatile than the S&P 500.

Summary

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

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.

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.