Q2 Earnings Estimate for Soluna Issued By HC Wainwright

Posted by ABMN Staff on Jul 23rd, 2026

Soluna Holdings, Inc. (NASDAQ:SLNH – Free Report) – Research analysts at HC Wainwright issued their Q2 2026 earnings per share (EPS) estimates for Soluna in a report issued on Monday, July 20th. HC Wainwright analyst M. Colonnese anticipates that the company will post earnings of ($0.11) per share for the quarter. HC Wainwright has a “Buy” rating and a $4.00 price objective on the stock. The consensus estimate for Soluna’s current full-year earnings is ($0.45) per share. HC Wainwright also issued estimates for Soluna’s Q3 2026 earnings at ($0.08) EPS, Q4 2026 earnings at ($0.08) EPS, Q1 2027 earnings at ($0.07) EPS, Q2 2027 earnings at ($0.07) EPS, Q3 2027 earnings at ($0.07) EPS, Q4 2027 earnings at ($0.07) EPS and FY2027 earnings at ($0.27) EPS.

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

Several other research analysts have also recently issued reports on SLNH. Weiss Ratings raised Soluna from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, June 12th. Wall Street Zen raised Soluna from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Soluna presently has an average rating of “Hold” and an average price target of $4.00.

Read Our Latest Report on Soluna

Soluna Trading Down 5.1%

Shares of NASDAQ:SLNH opened at $1.30 on Tuesday. The stock has a market capitalization of $205.07 million, a price-to-earnings ratio of -0.80 and a beta of 5.11. Soluna has a 1-year low of $0.41 and a 1-year high of $5.14. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.75 and a current ratio of 1.75. The company has a 50 day moving average price of $1.51 and a 200 day moving average price of $1.25.

Insider Buying and Selling

In other news, CFO Michael Picchi bought 100,000 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was bought at an average cost of $1.63 per share, for a total transaction of $163,000.00. Following the completion of the acquisition, the chief financial officer directly owned 1,381,250 shares in the company, valued at $2,251,437.50. This represents a 7.80% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 10.10% of the company’s stock.

Institutional Investors Weigh In On Soluna

Hedge funds have recently made changes to their positions in the company. Ardsley Advisory Partners LP purchased a new stake in shares of Soluna in the fourth quarter valued at $2,018,000. Fiduciary Alliance LLC grew its holdings in shares of Soluna by 131.2% during the fourth quarter. Fiduciary Alliance LLC now owns 87,845 shares of the company’s stock valued at $103,000 after buying an additional 49,845 shares in the last quarter. Matauro LLC acquired a new position in Soluna during the fourth quarter valued at $28,000. Vident Advisory LLC purchased a new stake in Soluna in the 4th quarter worth about $67,000. Finally, XTX Topco Ltd lifted its stake in Soluna by 59.3% in the 4th quarter. XTX Topco Ltd now owns 128,294 shares of the company’s stock worth $150,000 after acquiring an additional 47,781 shares in the last quarter. Hedge funds and other institutional investors own 23.19% of the company’s stock.

Soluna News Roundup

Here are the key news stories impacting Soluna this week:

Positive Sentiment: HC Wainwright reiterated a Buy rating on Soluna and kept a $4.00 price target, signaling meaningful upside from current levels. Soluna (NASDAQ:SLNH) Coverage Initiated at HC Wainwright
Positive Sentiment: The firm’s estimates suggest Soluna’s losses should narrow over time, with FY2027 EPS projected at $(0.27) and quarterly losses around $(0.07), which could support the bullish long-term view. Soluna (NASDAQ:SLNH) Coverage Initiated at HC Wainwright
Neutral Sentiment: HC Wainwright also published detailed FY2026 and FY2027 EPS estimates, adding more visibility into Soluna’s path forward, but the new forecasts themselves do not appear to be a major fresh catalyst. Soluna (NASDAQ:SLNH) Coverage Initiated at HC Wainwright
Negative Sentiment: The analyst estimates still call for continued losses in 2026 and 2027, reinforcing that Soluna remains an unprofitable growth story and limiting enthusiasm. Soluna (NASDAQ:SLNH) Coverage Initiated at HC Wainwright

Soluna Company Profile

(Get Free Report)

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.