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/SLND
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Southland Holdings Inc

Southland Holdings Inc

SLND
$1.14USD↑+67.33%+0.46 today

MARKET CAP

61.8M

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$1 – $1

52W RANGE

$1
$5

AI Summary

Stalk
StalkMedium

SLND has cleared its Stage 1 consolidation with a strong momentum breakout, signaling demand overwhelm at resistance, but price is extended above the 9EMA and 21EMA without a proper pullback. Medium-term, the breakout and rising short-term EMAs underpin a bullish bias, yet the speculative strategy calls for waiting for a shallow retracement into the EMA zone or prior range high to secure a disciplined entry.

  • ↑Backlog of $1.88B; 38% forecast to convert to revenue next year.
  • ↑Shift to high-margin, short-duration civil projects improves predictability.
  • ↓Q1 2026 revenue dropped to $172M from $239M in Q1 2025.
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The case for & against

Bull & Bear analysis

Bearish

Southland Holdings, Inc. (SLND) is a significant player in the infrastructure and construction sector, specializing in civil projects such as water resource management, transportation, and marine development. The company has been transitioning away from lower-margin legacy projects to focus on high-quality, high-margin opportunities, especially in civil engineering. Its strategic positioning amidst increasing federal and state investments in infrastructure projects presents a favorable growth outlook.

Bull says

  • ↑Backlog of $1.88B; 38% forecast to convert to revenue next year.
  • ↑Shift to high-margin, short-duration civil projects improves predictability.
  • ↑Core segments delivered double-digit gross margins in Q1 2026.
  • ↑IIJA-driven demand for water, wastewater, data centers supports growth.
  • ↑Liquidity remains strong with $20.5M cash and positive debt access.
  • ↑Rising rates can lower borrowing costs; legacy disputes winding down.

Bear says

  • ↓Q1 2026 revenue dropped to $172M from $239M in Q1 2025.
  • ↓Gross loss of $4.8M versus $21.5M profit last year.
  • ↓Net loss widened to $28.4M ($0.52/sh) from $4.6M ($0.08/sh).
  • ↓Ongoing legacy project disputes risk further cost overruns.
  • ↓High short interest and volatile earnings weaken investor confidence.
  • ↓Negative growth revisions indicate fading analyst expectations.

Investment themes with SLND

Infrastructure Development↓ -0.08%

AMRZ · ATI · RBC

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-14-2026neutral

Transcript signals

Bull points

  • We believe an agreement in principle is substantially complete and are focused on finalizing the remaining details.
  • The working capital support has materially strengthened operations and enabled continued progress across our backlog over the past several months.
  • We continue to actively pursue all avenues to collect the amounts owed to us and expect to make meaningful progress throughout 2026 to resolving these matters and converting them into cash, which we intend to use to further reduce our debt and strengthen our balance sheet.

Bear points

  • Revenue in the first quarter was $172 million compared to $239 million in the same period in 2025.
  • Gross loss in the quarter was $4.8 million compared to gross profit of $21.5 million in the first quarter of 2025.
  • net loss attributable to south and stockholders in the first quarter was 28.4 million or a loss of 52 cents per diluted share compared to a net loss of 4.6 million or a loss of eight cents per diluted share in the first quarter of 2025.
Read full transcript analysis ›