Fact: ChronoScale Holdings Corporation (CHRN) is a newly formed NASDAQ-listed company specializing in dedicated GPU-accelerated cloud infrastructure for AI workloads, spun out from Applied Digital Corporation in May 2026 via a business combination with EKSO Bionics, currently trading at elevated valuations amid AI sector enthusiasm despite ongoing operational losses and limited historical financial data.[[1]](https://finance.yahoo.com/quote/CHRN/)[[1]](https://finance.yahoo.com/quote/CHRN/)
$29.63 (as of July 15, 2026 close)
Fact: +$6.62 (+28.77%) from previous close of $23.01; day's range $23.21–$30.00; 52-week range $2.91–$30.00; Market Cap: $4.303 billion; Volume: 848,079 (avg. 326,019).[[1]](https://finance.yahoo.com/quote/CHRN/)
Interpretation: Extreme intraday volatility and sharp gains reflect high investor interest in AI infrastructure themes, but such movements are typical for low-float or newly listed speculative stocks.
Limitation/Assumption: Prices are highly volatile and change rapidly; real-time quotes from Yahoo Finance, Nasdaq, or broker platforms are recommended. Data snapshot as of July 15, 2026 market close.
| Metric | CHRN | S&P 500 (Benchmark) |
|---|---|---|
| YTD Return | 242.94% | 10.62% |
| 1-Year Return | 820.19% | 21.28% |
| 3-Year Return | 63.25% | 68.07% |
| 5-Year Return | 57.61% | 73.68% |
Fact: Massive outperformance driven by post-spin-off trading and AI hype; beta ~0.99.[[1]](https://finance.yahoo.com/quote/CHRN/)
Interpretation: Returns appear exceptional but stem from a low base following the May 2026 listing and company restructuring; not indicative of sustainable long-term performance.
Uncertainty: Future performance depends on execution in competitive AI cloud market and broader economic conditions.
Yahoo Performance | TradingView Chart
| Metric | Value | Notes |
|---|---|---|
| Revenue (TTM) | $84.38 million | Fact from Yahoo; some sources report ~$12.8M – possible variance in reporting periods or inclusions |
| Net Income (TTM) | -$72.73 million | Heavy losses |
| Diluted EPS (TTM) | -$0.51 | Negative |
| Profit Margin | -86.20% | Fact |
| Price/Sales (TTM) | 39.57x – 42.15x EV/Revenue | Elevated vs. peers |
| Price/Book (MRQ) | 34.40x | High valuation |
| Total Cash (MRQ) | $2,000 | Very low liquidity on balance sheet |
| Total Debt/Equity | 171.05% | Levered |
| Gross Margin | ~53.5% | From secondary sources |
Fact: Company reports significant net losses and negative margins consistent with early-stage infrastructure buildout.[[1]](https://finance.yahoo.com/quote/CHRN/)[[2]](https://www.stocktitan.net/overview/CHRN/)
Limitation: Limited financial history as a standalone public company (trading since May 2026); financials may include pre-spin contributions from Applied Digital Cloud. Data sources show minor discrepancies in revenue figures. Next earnings est. July 27, 2026. No dividends.
Fact: No specific analyst ratings, price targets, or consensus recommendations identified from major firms (e.g., Barchart, TipRanks, or Yahoo show none or N/A).[[3]](https://www.barchart.com/stocks/quotes/CHRN/analyst-ratings)
Interpretation: As a recently listed/spun-off micro-to-mid cap stock with limited operating history, it likely has minimal or no Wall Street coverage; trading appears driven by retail/investor sentiment around AI themes rather than institutional analysis.
Uncertainty: Ratings could emerge post-earnings or with increased visibility; absence does not imply negative view but highlights speculative nature.
Limitation: Coverage is sparse for new listings; check Barchart or TipRanks for any updates.
| Company | Ticker/Sector | Notes |
|---|---|---|
| CoreWeave, Crusoe, Lambda Labs (examples in AI cloud) | Private / Various | Direct AI GPU cloud infrastructure peers (inferred from sector) |
| Gencor Industries | GENC | Listed peer in some comparisons |
| Perma-Pipe International | PPIH | Listed peer |
| Broader IT Services | WIT, ACN, CTSH | Larger sector comparables with different scale/focus |
Fact: Operates in Information Technology Services / Technology sector; positioned against specialized AI infrastructure providers.[[5]](https://www.marketbeat.com/stocks/NASDAQ/CHRN/competitors-and-alternatives/)[[6]](https://businessquant.com/stocks/chrn/peers/)
Interpretation: Differentiation via dedicated, customizable, scalable single-tenant environments vs. shared public cloud options (e.g., AWS/GCP GPU instances).
Limitation: Competitor list is approximate; no official peer group published. Exact market positioning evolving post-spin-off.
Fact: Designs and develops compute platform for AI workloads with focus on large-scale dedicated deployments. Formerly ChronoScale Corporation; name changed July 2026. Incorporated 2026, based in Dallas, Texas. Subsidiary of Applied Digital Corporation (APLD owns ~97%). Website: chronoscale.com.[[1]](https://finance.yahoo.com/quote/CHRN/)[[1]](https://finance.yahoo.com/quote/CHRN/)
Fact (History): Formed May 5, 2026, via contribution of Applied Digital's cloud business to EKSO Bionics Holdings (exoskeleton company), which was renamed ChronoScale; later divested Ekso Bionics to refocus on cloud/AI.[[7]](https://ir.applieddigital.com/news-events/press-releases/detail/151/applied-digital-completes-separation-of-cloud-business)
Interpretation: Strategic spin-off allows focused growth in AI infrastructure while APLD retains majority ownership.