Soluna’s (SLNH) Buy Rating Reiterated at HC Wainwright

HC Wainwright reissued their buy rating on shares of Soluna (NASDAQ:SLNH) in a research report report published on Monday, Marketbeat reports. The brokerage currently has a $4.00 price objective on the stock. HC Wainwright also issued estimates for Soluna’s Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.06) EPS, FY2026 earnings at ($0.41) EPS, Q1 2027 earnings at ($0.05) EPS, Q2 2027 earnings at ($0.05) EPS, Q3 2027 earnings at ($0.06) EPS, Q4 2027 earnings at ($0.06) EPS and FY2027 earnings at ($0.23) EPS.

Other analysts have also issued research reports about the company. Wall Street Zen raised Soluna from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Weiss Ratings raised Soluna from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, June 12th. Finally, Zacks Research raised Soluna to a “hold” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $4.00.

Soluna Trading Up 2.6%

Shares of Soluna stock opened at $1.20 on Monday. The company’s fifty day simple moving average is $1.32 and its 200-day simple moving average is $1.21. The stock has a market capitalization of $189.30 million, a PE ratio of -1.07 and a beta of 5.13. 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 0.02, a current ratio of 2.06 and a quick ratio of 2.06.

Soluna (NASDAQ:SLNH) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.07). Soluna had a negative net margin of 182.16% and a negative return on equity of 52.19%. The business had revenue of $15.06 million for the quarter, compared to the consensus estimate of $15.70 million. As a group, equities analysts anticipate that Soluna will post -0.41 earnings per share for the current year.

Institutional Trading of Soluna

Several institutional investors and hedge funds have recently modified their holdings of the company. Focus Partners Wealth purchased a new position in shares of Soluna during the 3rd quarter valued at $25,000. Scientech Research LLC purchased a new stake in Soluna in the 3rd quarter worth $31,000. Azora Capital LP increased its stake in Soluna by 97.7% in the 4th quarter. Azora Capital LP now owns 29,369 shares of the company’s stock worth $34,000 after buying an additional 14,513 shares in the last quarter. Avaii Wealth Management LLC bought a new stake in Soluna during the second quarter valued at about $25,000. Finally, Squarepoint Ops LLC bought a new stake in Soluna during the fourth quarter valued at about $30,000. 23.19% of the stock is currently owned by institutional investors.

Key Headlines Impacting Soluna

Here are the key news stories impacting Soluna this week:

• Positive Sentiment: HC Wainwright raised its FY2026 EPS forecast to a loss of $0.41 per share from a loss of $0.45 and increased its FY2027 forecast to a loss of $0.23 from a loss of $0.27. The firm also improved estimates for each quarter from Q3 2026 through Q4 2027, generally reflecting smaller expected losses. HC Wainwright Reaffirms Buy Rating for Soluna
• Positive Sentiment: The estimate revisions suggest HC Wainwright sees improving operating performance and a potentially faster path toward profitability. Its $4.00 target is well above Soluna’s recent share price, which may be supporting investor interest.
• Neutral Sentiment: Despite the improved forecasts, HC Wainwright still expects Soluna to remain unprofitable through 2027, with projected quarterly losses of approximately $0.05 to $0.06 per share.
• Negative Sentiment: Soluna remains a highly speculative, volatile stock. Its latest reported quarter showed a larger-than-expected loss and revenue below consensus, while the company continues to post substantial negative margins. The analyst’s improved estimates therefore represent reduced losses—not current profitability.

Soluna Company Profile

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.