Hudson Global (STRR) AI Stock Analysis

• Market Cap: $32.06M
• Dividend Yield: N/A
• Average Volume (3M): 35.09K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.93
• Revenue Growth: 42.94%
• EPS Growth: 50.97%
• Country: US
• Employees: 194
• Sector: Industrials
• Sector Strength: 72
• Industry: Medical - Diagnostics & Research
• EPS (TTM): -0.10
• Shares Outstanding: 3,435,903
• 10 Day Avg. Volume: 14,352
• 30 Day Avg. Volume: 35,091
• PEG Ratio: 0.13
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 0.21
• P/FCF Ratio: -4.02
• Enterprise Value/Market Cap: 1.45
• Enterprise Value/Revenue: 0.41
• Enterprise Value/Gross Profit: 1.00
• Enterprise Value/Ebitda: 20.29
• 1Y Price Target: $16.00
• Price Target Upside: 47.47% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.93
• Revenue Forecast (FY): $237.83M

• Rating: 48 Neutral
• Price Target: $9.00 ▼(-17.05% Downside)
• Action: Reiterated Date: 03/23/26
• Date: Action: Reiterated 03/23/26

The score is held down primarily by weak fundamentals (ongoing losses and cash burn despite improved revenue/margins) and bearish technicals (below key moving averages with negative MACD). Earnings-call commentary and corporate actions (improving adjusted metrics, buybacks, liquidity initiatives) provide some support but are not enough to offset the financial and trend headwinds.

Positive Factors

Revenue Recovery

A strong top-line rebound in 2025 demonstrates the business regained demand and scale after a prior decline. Sustained revenue momentum reduces execution risk, supports fixed-cost absorption across divisions, and provides a firmer base for achieving consistent profitability over the next several quarters.

Margin Improvement

Material gross-margin recovery reflects a better revenue mix and operational leverage, likely driven by higher-margin Building Solutions and Energy Services. Improved margins support durable operating profitability if maintained, increasing free-cash-flow potential once sales stability and cost discipline persist.

Strategic Merger and Diversification

The August 2025 merger structurally diversified revenue across recruiting, building and energy services, creating scale and higher-margin lines. This repositioning reduces single-segment exposure, creates cross-selling opportunities, and establishes a platform for bolt-on acquisitions and longer-term growth.

Negative Factors

Negative Cash Flow

Persistent negative operating and free cash flow through 2024–2025 signals ongoing cash burn. That limits internal funding for growth, forces reliance on financing, asset monetizations or share repurchases trade-offs, and raises execution risk if revenue or margins slip before cash generation normalizes.

Rising Leverage

Leverage has increased materially from prior years, adding fixed obligations while the company remains unprofitable. Higher debt reduces financial flexibility for investments or M&A, increases interest expense vulnerability, and amplifies downside risk if operating performance weakens.

Profitability Inconsistency

GAAP losses persist despite adjusted gains and improved adjusted EBITDA. Regional softness (EMEA) and cyclicality in residential and energy end markets create uneven demand, making sustainable, predictable profitability uncertain until core segments and cash flow stabilize.

Hudson Global Business Overview & Revenue Model

Company Description

Star Equity Holdings, Inc. provides healthcare solutions in the United States and internationally. It operates through four segments: Diagnostic Services, Diagnostic Imaging, Construction, and Investments. It offers imaging services primarily to cardiologists, internal medicine physicians, and family practice doctors; and imaging systems, including nuclear cardiac and general purpose nuclear imaging systems to physician offices and hospitals. The company also develops, sells, and maintains solid-state gamma cameras; and provides camera maintenance contract services. In addition, it manufactures modular housing units, structural wall panels, permanent wood foundation systems, and other engineered wood products; supplies general contractors with building materials; holds real estate assets; and manages investments. The company was formerly known as Digirad Corporation and changed its name to Star Equity Holdings, Inc. in December 2020. Star Equity Holdings, Inc. was founded in 1985 and is headquartered in Old Greenwich, Connecticut.

How the Company Makes Money

Hudson Global primarily makes money by delivering outsourced recruiting and talent acquisition services to client organizations. Its core revenue stream is recruitment process outsourcing (RPO), where clients contract with Hudson to manage some or all of their recruiting activities; revenue is generally earned through contracted service fees tied to the scope of work (e.g., ongoing management fees and/or hiring-related, project-based fees depending on the client engagement structure). The company also generates revenue from related talent solutions that support hiring programs (such as recruiting operations, sourcing, and recruiting administration services delivered as part of broader RPO engagements). Key factors influencing earnings include the volume of client hiring, the size and duration of contracted programs, pricing/fee structures within RPO contracts, and the company’s ability to efficiently deliver recruiting services (which affects margins). Specific significant partnerships: null.

Hudson Global Financial Statement Overview

Summary

Revenue and gross margin rebounded strongly in 2025, but the company remains unprofitable with negative operating cash flow and free cash flow, and leverage has risen versus prior years—keeping financial quality weak overall.

Income Statement

Revenue rebounded sharply in 2025 (up 51.7% YoY) after a steep decline in 2024, and gross margin improved materially in 2025 (45.7%) versus 2024 (20.7%). However, profitability remains a key issue: 2025 operating profit and net income were still negative (net margin -3.4%), following a much larger loss year in 2024 (net margin -19.6%). Results show meaningful top-line recovery and margin repair, but earnings have been inconsistent and not yet sustainably positive.

Balance Sheet

Leverage is moderate with debt-to-equity at ~0.40 in 2025, up from very low levels in 2023–2024, indicating the company has taken on more debt recently. Equity remains sizable ($65.7M) relative to total assets ($113.2M), which provides balance-sheet support, but returns on equity are currently negative in 2025 due to losses. Overall, the balance sheet looks serviceable, though the rising debt load and lack of profitability increase risk.

Cash Flow

Cash generation is weak: operating cash flow and free cash flow were negative in 2025 (-$7.3M and -$9.0M) and were also negative in 2024, reflecting ongoing cash burn. While free cash flow was positive in 2023, the last two years indicate deteriorating cash fundamentals and greater reliance on financing or balance-sheet capacity. The main strength is that losses are not exploding versus 2024, but the business has not yet returned to consistent cash-producing operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	113.52M	172.16M	53.36M	161.34M	112.15M	106.56M
Gross Profit	46.44M	78.66M	11.05M	80.27M	25.88M	15.24M
EBITDA	2.29M	-2.48M	-4.81M	2.85M	-9.00K	-3.03M
Net Income	-6.08M	-5.92M	-10.44M	2.20M	-5.25M	-2.98M
Balance Sheet
Total Assets	117.14M	113.23M	52.58M	60.96M	67.94M	61.24M
Cash, Cash Equivalents and Short-Term Investments	19.30M	15.86M	17.01M	22.61M	27.12M	21.71M
Total Debt	22.99M	26.42M	1.06M	1.43M	1.94M	2.48M
Total Liabilities	49.37M	47.52M	12.15M	12.40M	22.15M	21.93M
Stockholders Equity	67.77M	65.71M	40.43M	48.55M	45.79M	39.32M
Cash Flow
Free Cash Flow	-9.52M	-8.96M	-8.04M	2.00M	-5.05M	-7.24M
Operating Cash Flow	-5.37M	-7.25M	-5.18M	2.70M	-3.86M	-6.45M
Investing Cash Flow	2.10M	4.57M	-12.04M	16.18M	-5.09M	17.80M
Financing Cash Flow	523.00K	-1.96M	3.91M	-3.07M	8.94M	-9.97M

Hudson Global Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For STRR, the sentiment is Negative. The current price of 10.85 is above the 20-day moving average (MA) of 9.84, above the 50-day MA of 10.12, and above the 200-day MA of 9.96, indicating a bearish trend. The MACD of -0.14 indicates Positive momentum. The RSI at 34.89 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for STRR.

Hudson Global Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
DHX	59 Neutral	$110.18M	-5.14	-12.89%	―	-9.13%	-1032.39%
BGSF	59 Neutral	$67.76M	-6.66	-17.82%	41.67%	-36.79%	-507.05%
STRR	48 Neutral	$32.06M	-5.83	-12.96%	―	42.94%	50.97%
JOB	48 Neutral	$29.75M	-35.64	-51.65%	―	-15.43%	-43.45%
IPDN	44 Neutral	$6.20M	-0.83	-78.12%	―	-7.26%	-1.37%
NIXX	34 Underperform	$19.90M	-3.52	-295.27%	―	6913.31%	72.35%

Hudson Global Corporate Events

Hudson Global Sets Earlier 2026 Annual Shareholder Meeting

Star Equity Holdings reported on March 17, 2026 that 2025 was a transformative year, marked by the August 2025 merger that added Building Solutions and Energy Services and drove strong top-line growth despite a wider net loss. Revenue for the fourth quarter of 2025 rose 69% to $56.8 million and full-year revenue climbed 23% to $172.2 million, while adjusted EBITDA improved to $2.2 million for the quarter and $4.2 million for the year, reflecting better operating performance but also higher corporate costs and cash usage.

Business Services, anchored by Hudson Talent Solutions, saw modest revenue growth in the fourth quarter and flat full-year sales, with regional strength in APAC and the Americas offset by weakness in EMEA and continued macro and talent-market pressures. Building Solutions and Energy Services delivered robust pro forma growth and profitability gains, supporting management’s view that the merger strengthened Star’s financial and strategic position and justifying $2.6 million of share repurchases in 2025, while a large U.S. NOL balance and ongoing preferred dividends remain key features for equity and income investors.

Separately, the company set May 27, 2026 as the date for its 2026 annual meeting of stockholders, with March 31, 2026 as the record date for voting eligibility. Because the meeting date is more than 30 days earlier than the 2025 meeting, Star reset the deadlines for shareholder proposals and director nominations, requiring submissions by March 27, 2026 in accordance with SEC rules and its bylaws, a move that clarifies governance timetables for investors.

The most recent analyst rating on (STRR) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Hudson Global stock, see the STRR Stock Forecast page.

Hudson Global Executes Strategic Sale-Leaseback to Boost Liquidity

On December 16, 2025, Alliance Drilling Tools entered into a $1.7 million sale and leaseback agreement for its property at 101-107 Pasture Drive in Evanston, Wyo., with the transaction closing on February 27, 2026. The deal, later assigned to Pasture Drive Holdings, LLC, converts a fixed asset into cash while locking in long-term site access via a 20-year triple net lease with an initial monthly base rent of $12,390, plus all property-related expenses.

Simultaneously, the company agreed to similar sale and leaseback arrangements for real estate in Texas and Utah, which are expected to close under existing purchase and sale agreements. These transactions collectively signal a strategic move to monetize real estate, strengthen liquidity, and streamline the balance sheet without disrupting ongoing operations at key facilities.

The most recent analyst rating on (STRR) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Hudson Global stock, see the STRR Stock Forecast page.

Star Equity Declares Cash Dividend on Preferred Shares

Star Equity Holdings, Inc., formerly Hudson Global, Inc., is a diversified holding company operating four divisions: Building Solutions, Business Services, Energy Services, and Investments, spanning modular and structural building products, global recruitment solutions, downhole tool rental and services for energy and related industries, and the management of real estate and investment portfolios. The group’s multi-division structure provides exposure to construction, labor services, energy infrastructure, and capital markets, supporting a strategy focused on acquiring and expanding businesses with solid fundamentals and market opportunities.

On February 13, 2026, Star Equity announced that its board declared a cash dividend of $0.25 per share for holders of its 10% Series A Cumulative Perpetual Preferred Stock, with a record date of March 1, 2026 and payment set for March 10, 2026. Coming after its August 22, 2025 acquisition of Star Operating Companies and subsequent September 5, 2025 rebranding and ticker change, the preferred dividend underscores the company’s ongoing capital return to preferred shareholders as it consolidates operations under the Star Equity platform.

The most recent analyst rating on (STRR) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Hudson Global stock, see the STRR Stock Forecast page.

Hudson Global details strategy following transformative merger update

On February 3, 2026, Star Equity Holdings furnished an updated investor presentation detailing its business and operations as of September 30, 2025, highlighting the completion of its August 22, 2025 merger with Star Operating Companies, Inc., after which the acquired entity became a wholly owned subsidiary and the parent rebranded to Star Equity Holdings with new Nasdaq tickers effective September 5, 2025. The presentation underscores a strategy to scale profitably through organic growth and acquisitions in both private and public markets, emphasizes the firm’s belief that its stock is undervalued relative to key valuation metrics, and outlines medium-term goals such as outperforming and ultimately joining the Russell 2000 Index, signaling an ambition to enhance market visibility and shareholder value following the transformative merger.

The most recent analyst rating on (STRR) stock is a Hold with a $10.50 price target. To see the full list of analyst forecasts on Hudson Global stock, see the STRR Stock Forecast page.

Star Equity Updates Investor Presentation After Hudson Global Merger

Star Equity Holdings, Inc. has released an updated investor presentation, current as of September 30, 2025 and made available on January 21, 2026, outlining its strategy as a diversified holding company focused on creating shareholder value through organic growth, bolt-on acquisitions, and share repurchases. The materials highlight the company’s August 22, 2025 transformational merger between Hudson Global, Inc. and the former Star Equity Holdings, Inc. (now Star Operating Companies, Inc.), which created the current structure with significant net operating loss carryforwards and a broader platform across multiple sectors, and detail its recent deal track record and medium-term objective to scale and outperform the Russell 2000 Index, underscoring its ambition to be a consolidator in targeted microcap niches.

The most recent analyst rating on (STRR) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Hudson Global stock, see the STRR Stock Forecast page.

Star Equity Launches New Year-Long Stock Repurchase Plan

On December 31, 2025, Star Equity Holdings, Inc. authorized a new Rule 10b5-1 trading plan as part of its previously announced common stock repurchase program, underscoring the company’s continued belief that buybacks are an attractive use of capital. Under the plan, Clear Street, LLC is authorized to begin purchasing up to the lesser of $2 million worth or 350,000 shares of Star Equity’s common stock starting January 7, 2026, with the plan set to run until January 7, 2027, a move that could support the stock price and signal confidence to shareholders, though the company emphasized there is no assurance on the volume or price of shares repurchased and it may alter or terminate the plan at its discretion.

The most recent analyst rating on (STRR) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Hudson Global stock, see the STRR Stock Forecast page.

Hudson Global Updates Executive Employment and Compensation Terms

On December 31, 2025, Star Equity Holdings’ compensation committee approved a new executive employment agreement for President and Chief Operating Officer Richard K. Coleman Jr., effective January 1, 2026, replacing his March 31, 2022 agreement and extending his role through December 31, 2026 with automatic one-year renewals. The contract sets an annual base salary of $450,000 with potential increases, eligibility for discretionary cash bonuses, and performance-based restricted stock units vesting over three years, while explicitly excluding any obligation for additional employment term or severance in the event of a change in control and aligning his benefits with those of other senior executives; it also clarifies that the company may terminate his employment at any time, in which case he or his estate will receive earned but unpaid salary, equity and benefits through the termination date, underscoring a tighter, more performance- and flexibility-oriented executive compensation framework for the company.

The most recent analyst rating on (STRR) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Hudson Global stock, see the STRR Stock Forecast page.