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SLNH Stock Chart & Stats
$1.23
-$0.06(-4.55%)
At close: 4:00 PM EDT
$1.23
-$0.06(-4.55%)
Day’s Range― - ―
52-Week Range$0.59 - $5.14
Previous CloseN/A
Volume6.97M
Average Volume (3M)6.91M
Market Cap
$234.22M
Enterprise Value$147.20M
Total Cash (Recent Filing)$113.36M
Total Debt (Recent Filing)$39.30M
Price to Earnings (P/E)―
Beta4.23
Next Earnings
Nov 12, 2026EPS Estimate
-0.07Next Dividend Ex-DateN/A
Dividend Yield27.01%
Share Statistics
EPS (TTM)-1.73
Shares Outstanding246,702,040
10 Day Avg. Volume6,020,536
30 Day Avg. Volume6,911,575
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.62
Price to Sales (P/S)1.14
P/FCF Ratio-0.91
Enterprise Value/Market Cap0.63
Enterprise Value/Revenue3.50
Enterprise Value/Gross Profit33.65
Enterprise Value/Ebitda-2.54
Forecast
1Y Price Target
$4.00Price Target Upside225.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.41
Revenue Forecast (FY)$61.80M
Bulls Say, Bears Say
Bulls Say
Strong Revenue GrowthSustained sequential revenue growth indicates expanding utilization and commercial traction across Soluna’s computing infrastructure. Continued top-line momentum can improve operating leverage over time, support larger project financing opportunities, and strengthen the company’s position in renewable-powered digital infrastructure.
Renewable Pipeline And Interconnection PositionA multi-gigawatt development pipeline combined with preserved interconnection capacity gives Soluna a potentially durable platform for scaling renewable-powered computing. ERCOT Base Load status may reduce grid-queue uncertainty and improve the company’s ability to advance future AI and high-performance computing projects.
Commercial Partnership TractionThe expanded Bitdeer relationship validates Soluna’s co-mining model, in which the company supplies renewable power, facilities, and operations while a major partner supplies equipment. This can improve capacity monetization, diversify customer participation, and create a repeatable path for scaling sites.
Bears Say
Persistent Unprofitable OperationsVery low gross margins and deeply negative operating results show that revenue growth has not yet translated into a sustainable earnings model. Continued losses could constrain reinvestment, weaken returns on new infrastructure, and make future expansion dependent on additional capital rather than internally generated profits.
Substantial Cash BurnNegative operating and free cash flow indicates Soluna is consuming substantial cash while it expands its infrastructure footprint. Persistent cash burn increases reliance on external financing, limits flexibility if project funding is delayed, and could reduce the company’s ability to fund growth without issuing additional securities.
Declining Proprietary Mining EconomicsThe sharp decline in proprietary mining revenue demonstrates exposure to deteriorating mining economics and the profitability impact of lower hash prices. Although Soluna is shifting capacity toward hosting, weaker proprietary mining performance can pressure revenue quality and make results more dependent on customer deployments and broader computing demand.
Soluna Holdings News
SLNH FAQ
What was Soluna Holdings, Inc.’s price range in the past 12 months?
Soluna Holdings, Inc. lowest stock price was $0.59 and its highest was $5.14 in the past 12 months.
What is Soluna Holdings, Inc.’s market cap?
Soluna Holdings, Inc.’s market cap is $234.22M.
When is Soluna Holdings, Inc.’s upcoming earnings report date?
Soluna Holdings, Inc.’s upcoming earnings report date is Nov 12, 2026 which is in 33 days.
How were Soluna Holdings, Inc.’s earnings last quarter?
Soluna Holdings, Inc. released its earnings results on Aug 13, 2026. The company reported -$0.18 earnings per share for the quarter, missing the consensus estimate of -$0.11 by -$0.07.
Is Soluna Holdings, Inc. overvalued?
According to Wall Street analysts Soluna Holdings, Inc.’s price is currently Undervalued.
Does Soluna Holdings, Inc. pay dividends?
Soluna Holdings, Inc. pays a Notavailable dividend of $9.25 which represents an annual dividend yield of 27.01%. See more information on Soluna Holdings, Inc. dividends here
What is Soluna Holdings, Inc.’s EPS estimate?
Soluna Holdings, Inc.’s EPS estimate is -0.07.
How many shares outstanding does Soluna Holdings, Inc. have?
Soluna Holdings, Inc. has 246,702,040 shares outstanding.
What happened to Soluna Holdings, Inc.’s price movement after its last earnings report?
Soluna Holdings, Inc. reported an EPS of -$0.18 in its last earnings report, missing expectations of -$0.11. Following the earnings report the stock price went up 0.769%.
Which hedge fund is a major shareholder of Soluna Holdings, Inc.?
Currently, no hedge funds are holding shares in SLNH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Soluna Holdings Stock Smart Score
Underperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$4.00 (225.20% Upside)
$4.00 (225.20% Upside)
Blogger Sentiment
Bullish
SLNH Sentiment 83%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 27.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $493.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 2.2%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-66.46%
12-Months-Change
Fundamentals
Return on Equity
-111.97%
Trailing 12-Months
Asset Growth
219.20%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Soluna Holdings, Inc.
Soluna Holdings, Inc. is an enterprise based in Albany, New York, that specializes in developing and constructing modular data centers specifically tailored for cryptocurrency mining. Additionally, the company maintains an active presence within the broader blockchain technology sector.
SLNH Company Deck
SLNH Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational and strategic update: strong top-line growth, substantial pipeline expansion (6.3 GW), key vertical integration via the Briscoe acquisition, improved liquidity and balance sheet simplification, progress on two large AI campuses (Kati 2 and Dorothy 3) and early site-level profitability at Kati 1. The lowlights are meaningful — a materially larger GAAP net loss, gross profit compression, Briscoe repair costs, higher non-cash compensation and financing-related charges — but most of those are either one-time, transitional, non-cash, or tied to deliberate growth and integration activities. Given the balance of durable asset accumulation, financing progress, and project-level momentum against mostly explainable and manageable near-term losses and repair costs, the overall tone is constructive with clear execution milestones and a path to project-level financing and scaling.View all SLNH earnings summariesSLNH Stock 12 Month Forecast
Average Price Target
$4.00
▲(225.20% Upside)
Technical Analysis
Ownership Overview
13.61% Insiders
0.48% Mutual Funds
0.01% Other Institutional Investors
78.52% Public Companies and
Individual Investors