Equities Analysts Issue Forecasts for Soluna FY2026 Earnings

Soluna Holdings, Inc. (NASDAQ:SLNH) – Stock analysts at HC Wainwright issued their FY2026 earnings estimates for shares of Soluna in a note issued to investors on Monday, July 20th. HC Wainwright analyst M. Colonnese anticipates that the company will post earnings of ($0.45) per share for the year. HC Wainwright currently has a “Buy” rating and a $4.00 price target on the stock. The consensus estimate for Soluna’s current full-year earnings is ($0.45) per share.

Soluna (NASDAQ:SLNH) last posted its quarterly earnings results on Friday, May 15th. The company reported ($0.24) earnings per share (EPS) for the quarter. The business had revenue of $9.39 million during the quarter. Soluna had a negative return on equity of 64.80% and a negative net margin of 190.87%.

SLNH has been the subject of a number of other research reports. Weiss Ratings upgraded Soluna from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, June 12th. Wall Street Zen upgraded Soluna from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Zacks Research raised shares of Soluna to a “hold” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $4.00.

Soluna Stock Performance

Shares of NASDAQ SLNH opened at $1.32 on Wednesday. The stock’s fifty day simple moving average is $1.49 and its 200 day simple moving average is $1.25. The stock has a market capitalization of $208.23 million, a price-to-earnings ratio of -0.81 and a beta of 5.11. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.16. Soluna has a 52-week low of $0.41 and a 52-week high of $5.14.

Insiders Place Their Bets

In other news, CFO Michael Picchi bought 100,000 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were bought at an average cost of $1.63 per share, with a total value of $163,000.00. Following the purchase, the chief financial officer directly owned 1,381,250 shares in the company, valued at $2,251,437.50. This trade represents a 7.80% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 10.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SLNH. Focus Partners Wealth acquired a new position in Soluna during the third quarter valued at $25,000. Matauro LLC acquired a new stake in Soluna during the 4th quarter worth about $28,000. Squarepoint Ops LLC purchased a new position in Soluna during the 4th quarter valued at about $30,000. Scientech Research LLC purchased a new position in Soluna during the 3rd quarter valued at about $31,000. Finally, Azora Capital LP increased its holdings in shares of Soluna by 97.7% in the 4th quarter. Azora Capital LP now owns 29,369 shares of the company’s stock valued at $34,000 after purchasing an additional 14,513 shares during the period. Hedge funds and other institutional investors own 23.19% of the company’s stock.

About Soluna

Soluna Computing, Inc (NASDAQ: SLNH) is a renewable energy and computing company that develops, constructs and operates utility‐scale wind and solar projects designed to power high-performance computing workloads. By integrating power generation with data processing infrastructure, Soluna targets applications such as cryptocurrency mining, blockchain validation, artificial intelligence training and other cloud‐based or on-premises computing tasks that can flex to available renewable output.

The company manages the full project lifecycle—site selection, permitting, engineering, procurement, construction and operations—with a focus on regions that offer abundant wind or solar resources yet face limitations in grid infrastructure.