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Helius Medical Rebrands to Solana Company for Blockchain Focus

Story Highlights
  • Helius Medical Technologies changed its name to Solana Company.
  • The company entered a letter of intent with Solana Foundation for collaboration and SOL token purchase options.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Helius Medical Rebrands to Solana Company for Blockchain Focus

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An update from Helius Medical Technologies ( (HSDT) ) is now available.

On September 29, 2025, Helius Medical Technologies announced a corporate name change to Solana Company, reflecting its commitment to the Solana blockchain. The company has entered a non-binding letter of intent with the Solana Foundation, outlining collaboration terms and purchase options for SOL tokens. This move signifies HSDT’s dedication to becoming a key player in the blockchain industry, leveraging its digital asset treasury strategy to accumulate SOL and support Solana’s growth.

The most recent analyst rating on (HSDT) stock is a Hold with a $15.50 price target. To see the full list of analyst forecasts on Helius Medical Technologies stock, see the HSDT Stock Forecast page.

Spark’s Take on HSDT Stock

According to Spark, TipRanks’ AI Analyst, HSDT is a Neutral.

Helius Medical Technologies faces significant financial challenges, with declining revenue and negative profitability being the most critical factors. While technical indicators show some positive momentum, the stock’s valuation is unattractive due to ongoing losses. The overall score reflects the company’s need to improve financial stability and operational efficiency.

To see Spark’s full report on HSDT stock, click here.

More about Helius Medical Technologies

Helius Medical Technologies, Inc. is a leading neurotech company in the medical device field, focusing on neurologic deficits using an orally applied technology platform. Their primary product, the Portable Neuromodulation Stimulator, aims to enhance neuroplasticity and improve the lives of people with neurologic diseases.

Average Trading Volume: 790,066

Technical Sentiment Signal: Strong Sell

Current Market Cap: $14.65M

See more insights into HSDT stock on TipRanks’ Stock Analysis page.

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