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CHRNChronoScale Holdings CorporatioSell3.7·$20.24+0.80%
SellModerate Confidence
Investment thesis

CHRN is a weak-quality, momentum-failing name with no clear engine edge; the risk case dominates and the position is flagged for exit rather than accumulation.

Thesis pillars

  • Quality Below FloorStable
  • Momentum Gate FailureStable
  • No Clear Engine EdgeStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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ChronoScale Holdings Corporatio (CHRN) Stock Analysis

Range Bound setup

SellVALUE-TRAP 1/5QualityModerate Confidence

Technology · Information Technology Services

Sell if holding. Engine safety override at $20.24: Quality below floor (1.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10. Specifically: Below-average business quality; Rich valuation.

ChronoScale Corporation (formerly Ekso Bionics Holdings) designs and markets robotic exoskeleton products for physical rehabilitation and mobility, including EksoNR, Ekso Indego Therapy, and Ekso Indego Personal, sold to hospitals and rehabilitation facilities through its... Read more

$20.24+20.9% A.UpsideScore 3.7/10#48 of 48 Information Technology Services
QualityF-score4 / 9FCF yield-0.45%
Stop $18.84Target $24.50(resistance)A.R:R 0.0:1

Sell if holding. Engine safety override at $20.24: Quality below floor (1.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10. Specifically: Below-average business quality; Rich valuation. Chart setup: RSI 41 mid-range, Bollinger mid-band. Score 3.7/10, moderate confidence.

Passes 5/8 gates (clean insider activity, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and 8k serious 2.05. Suitability: aggressive.

10-K grounded · weekly refresh

About ChronoScale Holdings Corporatio

About ChronoScale Corporation

Ekso Bionics Holdings' Enterprise Health exoskeletons — EksoNR, cleared by the FDA for spinal cord injury, brain injury, stroke, and multiple sclerosis rehabilitation, and Ekso Indego Therapy — generate the majority of company revenue from clinical settings, while its Personal Health division sells the Ekso Indego Personal device for home and community use. As of December 31, 2025, the company had signed reimbursement-channel partnerships with National Seating & Mobility, Bionic Prosthetics & Orthotics Group (serving 14 states), and Ottobock Patient Care, with over 50 individuals identified as qualifying for potential Medicare reimbursement.

The company earns revenue from device sales, EksoCare extended-warranty and service contracts, fee-for-service repairs, and training programs, with Personal Health sales dependent on a complex third-party reimbursement process spanning VA, Medicare, Medicaid, and private insurers that can involve lengthy delays between delivery and payment settlement. To reduce manufacturing costs, the company is transitioning a significant amount of its production to third-party manufacturers under agreements it has not structured as long-term supply contracts, and it separately distributes MediTouch Inc.'s BalanceTutor rehabilitation system under an exclusive U.S. distribution arrangement expected to launch in early 2026. The exoskeleton business itself, however, became secondary to a much larger corporate event: on February 15, 2026 the company signed a Contribution and Exchange Agreement to combine with Applied Digital Corporation's cloud computing subsidiary, Applied Digital Cloud, in a deal the 10-K said would leave APLD's contributing entity owning approximately 97% of the combined company.

Show full overview

That business combination closed on May 5, 2026, when Applied Digital Cloud became a wholly owned subsidiary and the company changed its name to ChronoScale Corporation, consistent with the roughly 97% equity stake the 10-K had flagged for APLD's Contributor entity. Less than a month later, on May 29, 2026, ChronoScale's board committed to divesting the entire Ekso Bionics exoskeleton business described throughout this filing, in order to focus solely on the cloud business acquired from APLD — meaning the medical-device operations this 10-K details are, as of the most recent 8-K, no longer the company's intended core business.

See also: Technology · Information Technology Services

From ChronoScale Corporation's most recent 10-K filing, extracted August 30, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-09-04

Recent Developments — ChronoScale Holdings Corporatio

Generated 2026-09-05T01:07:04Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Mon, Jul 27, 2026· next earnings call

Thesis

Rewards
No bull case signals
Risks
Quality below floor (1.3 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)
Mkt Cap$2.9B
EV/EBITDA114.2
Profit Mgn-70.3%
ROE-38.5%
Rev Growth
Beta1.01
DividendNone
Rating analysts8

Quality Signals

Piotroski F4/9

Material Events(8-K, last 90d)

  • 2026-06-30Item 5.02LOW
    Board increased from seven to eight members and appointed Andrew Cordell Schaap as director effective June 29, 2026, also seating him on the Audit and Related Party Transactions Committees. Company disclosed a subsidiary data center lease with a firm where Schaap is CEO, entered in the ordinary course of business.
    SEC filing →
  • 2026-06-04Item 2.05MEDIUM
    Board committed on May 29, 2026 to divest the Ekso Bionics subsidiary and focus operations solely on the cloud business, expected to complete in the first fiscal quarter. Company anticipates material severance, lease-termination, and other exit costs but could not yet estimate the total amount.
    SEC filing →
  • 2026-05-20Item 5.02LOW
    Amended a November 5, 2025 disclosure of Phantom PSU awards (185,000 units to Davis, 40,000 to Wong, 32,000 to Jones) granted under the 2014 Equity Incentive Plan, vesting on change-in-control plus a stock price goal and settled in cash; Board revised administration terms on May 14, 2026.
    SEC filing →
  • 2026-05-05Item 5.01HIGH
    Business combination with Applied Digital Corporation's cloud subsidiary closed May 5, 2026; Cloud became a wholly owned subsidiary, Contributor received newly issued shares giving it approximately 97% of the combined company, and the registrant changed its name to ChronoScale Corporation.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ps
0.0
Expensive valuation
Low model confidence on this dimension (20%).

Unprofitable operations — net margin -70.3%. Quality floor flags this regardless of sector context.static

Roe
0.0
Roa
0.0
Operating Margin
0.0
Net Margin
0.0
Fcf Quality
0.0
Current Ratio
2.0
Moat
4.0
Piotroski F
4.4
Cash-burning: FCF -18% of revenueNo competitive moatQuality concerns

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
0.0
Quality Rank
0.2
Growth Rank
5.0
GatesMomentum 4.3<4.58K SERIOUS 2.05A.R:R UPSIDE_EXHAUSTED (upside=0.0%)Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
41 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $17.30Resistance $25.00

Price Targets

$19
$25
A.R:R0.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (1.3 < 4.0)
! momentum at 4.3 (below the engine's 4.5 threshold)
! 8K_SERIOUS:2.05

Earnings

M
M
M
M
0/4 beats
Next Earnings2026-07-27 (nulld)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CHRN stock a buy right now?

Sell if holding. Engine safety override at $20.24: Quality below floor (1.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10. Specifically: Below-average business quality; Rich valuation. Chart setup: RSI 41 mid-range, Bollinger mid-band. Prior stop was $18.84. Score 3.7/10, moderate confidence.

What is the CHRN stock price target?

Take-profit target: $24.50 (+20.9% upside). Prior stop was $18.84. Stop-loss: $18.84.

What are the risks of investing in CHRN?

Quality below floor (1.3 < 4.0).

Is CHRN overvalued or undervalued?

ChronoScale Holdings Corporatio trades at a P/E of N/A (forward N/A). TrendMatrix value score: 0.0/10. Verdict: Sell.

What do analysts say about CHRN?

8 analysts cover CHRN with a consensus score of 4.0/5.

What does ChronoScale Holdings Corporatio do?ChronoScale Corporation (formerly Ekso Bionics Holdings) designs and markets robotic exoskeleton products for physical...

ChronoScale Corporation (formerly Ekso Bionics Holdings) designs and markets robotic exoskeleton products for physical rehabilitation and mobility, including EksoNR, Ekso Indego Therapy, and Ekso Indego Personal, sold to hospitals and rehabilitation facilities through its Enterprise Health market and to individual users via DME suppliers, the VA, and Medicare reimbursement in its Personal Health market. Devices are sold outright or financed through third-party subscription arrangements lasting 12 to 36 months. In May 2026 the company completed a business combination with Applied Digital Cloud

Related stocks: FIS (Fidelity National Information S) · IBEX (IBEX Limited) · VRRM (Verra Mobility Corporation) · INOD (Innodata Inc.) · FORTY (Formula Systems (1985) Ltd.)
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