SHF Holdings AI Stock Analysis
Want to see SHFS full AI Analyst Report?
SHF Holdings (SHFS) AI Stock Analysis
SHF Holdings
(NASDAQ:SHFS)
The overall score of 37 reflects a company in severe distress. The most significant factor is the combination of deep fundamental unprofitability and massive cash burn, which is compounded by an imminent Nasdaq delisting and extreme shareholder dilution from recent corporate events. The technical trend is in freefall, and the stock lacks any valuation support. This represents a highly speculative, high-risk situation with a significant risk of total loss.
SHF Holdings (SHFS) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $373.69K
- Dividend Yield
- ―
- Average Volume (3M)
- 116.95M
- Price to Earnings (P/E)
- -0.0
- Beta (1Y)
- 2.79
- Revenue Growth
- -14.63%
- EPS Growth
- 94.07%
- Country
- US
- Employees
- 40
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Banks - Regional
SHF Holdings Business Overview & Revenue Model
Company Description
SHF Holdings, Inc., operating through its subsidiaries, specializes in facilitating access to a comprehensive array of banking, lending, and other crucial financial services for institutions that cater to the cannabis industry. Utilizing its exclusiv...
SHF Holdings Earnings Call Summary
The earnings call highlighted substantial growth in net income and loan interest income, alongside decreased operating expenses and strategic partnerships. However, these positives were offset by significant declines in overall revenue, deposit and onboarding revenue, and investment income, largely due to challenging market conditions. Despite improvements in certain financial metrics, the overall sentiment is balanced due to the mixed results.
Q3-2024 Updates
Positive Updates
Negative Updates
Company Guidance
During Safe Harbor Financial's Q3 2024 earnings call, the company reported several key financial metrics, showcasing a significant turnaround. Net income increased by 147% year-over-year to $354,000, reversing a net loss of $748,000 from the previous year. Loan interest income saw substantial growth, rising by 48% for the quarter and 143.5% over the nine months, while operating expenses decreased by 13% and 66% for the respective periods. Despite a 19.6% drop in quarterly revenue to $3.5 million and a 26% decline in deposit activity revenue, Safe Harbor managed to enhance its cash flow and liquidity, ending the quarter with $5.9 million in cash and cash equivalents. The company remains focused on leveraging market growth opportunities, particularly in the expanding cannabis sector, while navigating challenges like decreased deposit activity and regulatory uncertainties. Looking forward, Safe Harbor anticipates full-year 2024 revenue to be in the range of $15 million to $15.5 million.
SHF Holdings Financial Statement Overview
Summary
Financial performance is critically weak. The company is deeply unprofitable with a TTM net loss of $983M and negative operating cash flow of $5.1M, indicating the business is burning cash. While the balance sheet has been recapitalized with $5.2B in equity, the return on equity is a disastrous -75.5%, showing severe value destruction. The extreme historical volatility and unsustainable revenue surge make this a high-risk, speculative situation.
Income Statement
35NegativeBalance Sheet
60NeutralCash Flow
25Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.98M | 7.67M | 18.41M | 20.28M | -32.00M | 7.01M |
| Gross Profit | 10.87M | 4.35M | 19.27M | 18.89M | -33.21M | 7.00M |
| EBITDA | -4.34M | -5.40M | -3.75M | -17.74M | -44.19M | 3.29M |
| Net Income | -4.85M | -2.16M | -48.32M | -17.28M | -35.13M | 3.29M |
Balance Sheet | ||||||
| Total Assets | 13.09M | 17.21M | 13.22M | 67.86M | 99.45M | 7.52M |
| Cash, Cash Equivalents and Short-Term Investments | 4.40B | 6.78M | 2.34M | 4.91M | 8.39M | 5.50M |
| Total Debt | 576.71M | 710.51K | 11.88M | 15.02M | 58.59M | 0 |
| Total Liabilities | 7.90M | 8.97M | 25.51M | 33.51M | 94.34M | 181.50K |
| Stockholders Equity | 5.19M | 8.24M | -12.29M | 34.36M | 5.11M | 7.34M |
Cash Flow | ||||||
| Free Cash Flow | -5.36M | -3.42M | 430.48K | -1.04M | 1.68M | 2.94M |
| Operating Cash Flow | -5.11M | -3.42M | 430.48K | -832.14K | 1.70M | 2.95M |
| Investing Cash Flow | 584.25K | 442.19K | 12.39K | -2.18M | -2.90M | 1.04M |
| Financing Cash Flow | 8.06M | 7.43M | -3.01M | -488.83K | 4.09M | -1.49M |
SHF Holdings Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SHFS, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.83, and below the 200-day MA of 5.09, indicating a bearish trend. The MACD of -0.21 indicates Negative momentum. The RSI at 26.29 is Positive, neither overbought nor oversold. The STOCH value of 24.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SHFS.
SHF Holdings Risk Analysis
SHF Holdings disclosed 56 risk factors in its most recent earnings report. SHF Holdings reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
2 New RisksSHF Holdings Peers Comparison
Overall Rating
KFFB71Outperform
BAFN52Neutral
GLBZ39Underperform- SHFS37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| KFFB | 71Outperform | $48.12M | 19.61 | 4.97% | 0.84% | 7.24% | 360.42% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| BAFN | 52Neutral | $198.47M | -0.60 | -42.56% | ― | -40.59% | -260.04% |
| GLBZ | 39Underperform | $11.50M | -148.12 | -0.39% | ― | 17.13% | -395.56% |
| SHFS | 37Underperform | $4.01M | -0.00 | -73.97% | ― | -14.63% | 94.07% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SHFS | Shf Holdings Inc. | 0.03 | -17.61 | -99.83% | |
| CARV | Carver Bancorp | 2.00 | -1.14 | -36.31% | |
| GLBZ | Glen Burnie | 3.94 | -0.54 | -12.05% | |
| KFFB | Kentucky First Federal | 5.95 | 1.64 | 37.92% | |
| BAFN | BayFirst Financial Corp | 6.16 | -1.96 | -24.14% | |
| MBBC | Marathon Bancorp, Inc. | 14.94 | 3.76 | 33.63% |
SHF Holdings Corporate Events
SHF Holdings Faces Nasdaq Delisting Over Low Share Price
NegativeOn November 6, 2026, SHF Holdings and CREO Investments LLC entered a waiver extending the deadline for the company’s additional registration statement to November 13, 2026, and its effectiveness deadline to February 11, 2027, or March 13, 2027 if sub...
SHF Holdings Reports Third-Quarter Results, Proposed Opifex Transaction
NegativeOn November 9, 2026, SHF CEO Terrance Mendez issued a stockholder letter discussing the company’s financial results and proposed transaction with Opifex Media. For the quarter ended September 30, 2026, revenue rose 6.5% to $1.95 million, driven prima...
SHF Holdings Expands Common Equity Through Share Conversions
NegativeBetween October 24 and October 30, 2026, SHF Holdings, Inc. significantly expanded its equity base by issuing 60,570,250 shares of Class A common stock upon the conversion of 7,329 shares of Series B Convertible Preferred Stock at a conversion price...
SHF Holdings Plans Reverse Acquisition With Opifex Media
NeutralFrom July 1 to October 23, 2026, Safe Harbor converted 6,545 shares of its Series B convertible preferred stock into 23,914,988 Class A common shares in unregistered transactions, with an average conversion price of $0.2737 per share. These conversio...
SHF Holdings Granted Nasdaq Extension to Regain Compliance
NegativeOn October 20, 2026, Safe Harbor Financial disclosed that Nasdaq granted it an additional 180-day grace period, until April 19, 2027, to restore its share price above the $1.00 minimum required for continued listing on the Nasdaq Capital Market under...
SHF Holdings Implements 1-for-12 Reverse Stock Split
NeutralOn September 29, 2026, SHF Holdings, Inc. filed a Certificate of Amendment in Delaware to implement a 1-for-12 reverse stock split of its common stock, a move previously approved by shareholders on November 6, 2025 and by the board on September 16, 2...
SHF Holdings Announces 1-for-12 Reverse Stock Split
NeutralOn September 28, 2026, Safe Harbor Financial announced that its board of directors approved the implementation of a 1-for-12 reverse stock split of the company’s common stock, following prior shareholder approval at a special meeting held on November...
SHF Holdings Adopts Revised Employee Retention Incentive Plan
NeutralOn July 29, 2026, SHF Holdings’ board approved an original retention plan and agreement for key employees and directors, but on August 14, 2026, it adopted an amended and restated retention plan and agreement that significantly revised this structure...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 14, 2026