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The latest update is out from Soluna Holdings ( (SLNH) ).
On August 13, 2026, Soluna reported second‑quarter 2026 results showing its fifth straight quarter of sequential revenue growth, with revenue up 145% year over year to $15.1 million, while gross profit fell to $0.8 million and net loss widened to $22.6 million amid higher maintenance, ramp costs, and a loss on debt extinguishment. During the quarter, the company vertically integrated its 50 MW Project Dorothy 1 through a series of acquisitions, signed a joint venture with Metrobloks for the Kati 2 AI data center, expanded its development pipeline to roughly 6.3 GW with a strategic pivot toward AI capacity, achieved first gross profit at Kati 1, strengthened its balance sheet with over $113 million in cash and additional ATM proceeds, and gained index inclusion and a new chief development officer, underscoring its push to become a key player in AI‑focused green computing infrastructure.
The most recent analyst rating on (SLNH) stock is a Buy
with a $4.00 price target.
To see the full list of analyst forecasts on Soluna Holdings stock,
see the SLNH Stock Forecast page.
Spark’s Take on SLNH Stock
According to Spark, TipRanks’ AI Analyst, SLNH is a Neutral.
The score is primarily weighed down by very weak financial performance—deep operating/net losses and significant negative free cash flow—despite some revenue growth and moderate leverage. Technical signals are mixed with a negative MACD and price below longer-term averages. Corporate events are a relative positive (Nasdaq compliance, strategic AI/HPC expansion, simplification of capital structure) but are not yet reflected in profitability.
To see Spark’s full report on SLNH stock,
click here.
More about Soluna Holdings
Soluna Holdings, Inc., based in Albany, N.Y., develops green data centers for power‑intensive computing, including Bitcoin mining and artificial intelligence workloads. The company focuses on behind‑the‑meter deployments that pair renewable generation assets with high‑performance computing capacity, targeting hyperscale AI and other energy‑flexible applications.
Average Trading Volume: 17,392,680
Technical Sentiment Signal: Sell
Current Market Cap: $200.3M
See more data about SLNH stock on TipRanks’ Stock Analysis page.