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Star Holdings (STHO)
NASDAQ:STHO
US Market
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Star Holdings (STHO) AI Stock Analysis

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STHO

Star Holdings

(NASDAQ:STHO)

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Neutral 55 (OpenAI - 5.2)
Rating:55Neutral
Price Target:
$10.00
▲(2.67% Upside)
Action:Reiterated
Date:08/08/26
The score is held back primarily by weak underlying operating performance and significant cash burn despite a rebound in reported net income, which raises earnings-quality and sustainability risk. Offsetting this, technical indicators are broadly supportive with price above key moving averages and positive momentum. Valuation is difficult to assess due to the negative P/E and lack of dividend yield data.
Positive Factors
Balance Sheet Strength
Zero reported debt and a sizable equity base (~$283M) materially reduce financial leverage risk over the medium term. This capital structure gives the company flexibility to fund operations, weather downturns, or pursue strategic initiatives without immediate refinancing pressure, improving resilience.
Negative Factors
Weak Cash Generation
Persistent negative operating and free cash flow signals the business is burning cash despite accounting profits. Over 2-6 months this elevates liquidity and funding risk, likely requiring asset sales or external capital to sustain operations and limiting internal reinvestment capacity.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
Zero reported debt and a sizable equity base (~$283M) materially reduce financial leverage risk over the medium term. This capital structure gives the company flexibility to fund operations, weather downturns, or pursue strategic initiatives without immediate refinancing pressure, improving resilience.
Read all positive factors

Star Holdings (STHO) vs. SPDR S&P 500 ETF (SPY)

Star Holdings Business Overview & Revenue Model

Company Description
Star Holdings specializes in commercial real estate operations across the United States, specifically focusing on ventures that do not involve ground leases. The company's portfolio predominantly features equity interests in residential developmen...

Star Holdings Financial Statement Overview

Summary
Mixed fundamentals: revenue is down ~16% YoY and operating profitability remains weak (negative gross profit and negative EBIT/EBITDA), while TTM net income rebounded to ~+$13.9M (~17.5% margin). Balance sheet is cleaner with $0 debt and ~$283M equity, but cash flow is the biggest concern with negative operating cash flow (~-$13.9M) and deeply negative free cash flow (~-$30.4M), indicating earnings are not converting to cash.
Income Statement
34
Negative
Balance Sheet
61
Positive
Cash Flow
24
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022
Income Statement
Total Revenue70.18M110.14M88.86M101.17M96.11M
Gross Profit16.93M21.28M-25.57M-28.94M-17.23M
EBITDA31.20M-47.22M-68.28M-168.75M10.64M
Net Income13.87M-64.25M-86.75M-196.36M-36.35M
Balance Sheet
Total Assets508.22M570.20M608.65M669.20M1.01B
Cash, Cash Equivalents and Short-Term Investments34.81M50.08M34.96M50.66M4.23M
Total Debt209.24M269.36M218.44M194.43M2.01M
Total Liabilities225.24M304.33M263.66M235.36M33.10M
Stockholders Equity281.72M251.77M324.34M411.55M971.54M
Cash Flow
Free Cash Flow-30.44M-66.45M-67.22M-32.77M-49.84M
Operating Cash Flow-13.92M-11.66M-31.29M-18.72M-27.36M
Investing Cash Flow-2.93M-1.54M306.00K186.02M236.06M
Financing Cash Flow13.78M34.83M15.81M-114.06M-218.31M

Star Holdings Technical Analysis

Technical Analysis Sentiment
Positive
Last Price9.74
Price Trends
50DMA
9.30
Positive
100DMA
8.95
Positive
200DMA
8.48
Positive
Market Momentum
MACD
0.12
Negative
RSI
57.40
Neutral
STOCH
84.50
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For STHO, the sentiment is Positive. The current price of 9.74 is above the 20-day moving average (MA) of 9.53, above the 50-day MA of 9.30, and above the 200-day MA of 8.48, indicating a bullish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 57.40 is Neutral, neither overbought nor oversold. The STOCH value of 84.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for STHO.

Star Holdings Risk Analysis

Star Holdings disclosed 50 risk factors in its most recent earnings report. Star Holdings reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Star Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
55
Neutral
$117.19M8.095.29%-8.12%
53
Neutral
$21.65M-0.44-111.72%-42.49%50.50%
51
Neutral
$170.87M7.1515.69%-2.75%
46
Neutral
$64.98M-5.659.95%-2.41%77.04%
42
Neutral
$23.14M-0.83-60.55%4.33%24.93%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
STHO
Star Holdings
9.87
1.32
15.44%
ASPS
Altisource Portfolio Solutions SA
5.58
-5.78
-50.92%
NEN
New England Realty Associates Partnershi
56.00
-14.44
-20.50%
FTHM
Fathom Holdings
0.67
-1.63
-71.04%
OPAD
Offerpad Solutions
4.48
-57.82
-92.81%
DOUG
Douglas Elliman Inc.
1.86
-0.78
-29.55%

Star Holdings Corporate Events

Business Operations and Strategy
Star Holdings Relocates Corporate Headquarters to One Penn Plaza
Neutral
Aug 3, 2026
Effective August 1, 2026, Star Holdings relocated its principal executive offices from 1114 Avenue of the Americas to One Penn Plaza, 51st Floor, in New York, NY. The move establishes One Penn Plaza as the new hub for all future corporate correspo...
Executive/Board ChangesShareholder Meetings
Star Holdings Shareholders Reelect Trustees, Ratify Deloitte Auditor
Positive
May 22, 2026
Star Holdings, a trust-structured company, operates under a board of trustees whose elections and oversight of external auditors are central to its governance framework and accountability to shareholders. The company relies on shareholder-approved...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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: Aug 08, 2026