SLNHFinancial Services · Capital MarketsThe 2 Wall Street analysts covering Soluna Holdings, Inc. hold a median 12-month price target of $3 — +329.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 19 of 100 as at 29 Oct 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores Soluna Holdings, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (69): Analysts have, on balance, been raising their forecasts.
Issuance (6): The company has been issuing shares or taking on financing, diluting existing holders.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on SLNH, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +329.2% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 22 Oct 2026 | Rosenblatt | Maintains | Buy | $4.00 → $2.00 |
| 17 Sept 2026 | Rosenblatt | Initiates | Buy | $4.00 |
| 17 Sept 2026 | Rosenblatt | Initiates | Buy | — |
| 17 Aug 2026 | HC Wainwright & Co. | Reiterates | Buy | $4.00 |
| 17 Aug 2026 | HC Wainwright & Co. | Reiterates | Buy | — |
| 20 July 2026 | HC Wainwright & Co. | Assumes | Buy | $4.00 |
| 11 Dec 2025 | HC Wainwright & Co. | Upgrade | Buy | — |
| 11 Dec 2025 | HC Wainwright & Co. | Upgrade | Buy | $5.00 |
| 23 July 2025 | HC Wainwright & Co. | Initiates | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
SLNH appears in the Radar on the weeks it earns a place.
AI cloud capacity
MSFTAMZNGOOGLORCL
AI chips
NVDAAVGOAMDMU
AI networking and serversIn full
ANETDELLLITECRDO
Data centre power
VRTCEGGEVVST
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 29 Oct 2026, Soluna Holdings, Inc. returned −78.3% against +13.1% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 80% of US stocks
Cheaper than 28% of US stocks
Cheaper than 70% of US stocks
Cheaper than 80% of US stocks
Higher than 95% of US stocks
Higher than 87% of US stocks
Higher than 6% of US stocks
Higher than 13% of US stocks
Higher than 3% of US stocks
Higher than 18% of US stocks
Higher than 21% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Soluna Holdings, Inc. has a market value of $176.1M and an enterprise value of $156.6M.
Revenue in the twelve months to 30 June 2026: $42.1M. The latest quarter grew 144.6% year on year.
Net income over the same four quarters: −$82.4M, a −195.8% net margin.
Free cash flow in the twelve months to 30 June 2026: −$56.6M.
Trailing P/E: −0.3×; forward P/E: −3.1× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Soluna Holdings, Inc. employs 51 people — $825K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Soluna Holdings, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Soluna Holdings announced it has fully repaid the $28.7 million in principal outstanding as of June 30, 2026, under its credit facility with Generate Capital. The company also said its total debt principal has declined 76% since June 30, 2026.
Why it matters — The repayment and reported reduction in total debt principal are relevant to investors tracking Soluna’s debt obligations.
Soluna entered a definitive agreement with Applied Digital to form a jointly owned company and develop a planned 50 MW critical IT data center for AI and high-performance computing at Project Dorothy 3 in Briscoe County, Texas. The facility is planned to be powered by the Briscoe Wind Farm.
Why it matters — The agreement outlines a planned AI data center project at a Soluna development site, with the Briscoe Wind Farm identified as its power source.
Soluna Holdings stockholders elected former Google executive Dan Golding to the Board of Directors at the company’s 2026 annual meeting on October 16. Golding has served as a Soluna Board advisor since 2023.
Why it matters — The election adds a director who had previously advised Soluna to the company’s Board.
Soluna stockholders approved all six proposals at the company’s 2026 annual meeting. The approvals included increasing authorized common shares from 375 million to 1 billion and a potential equity issuance under its standby equity purchase agreement with YA II PN, Ltd.
Why it matters — The approvals expand Soluna’s authorized share capacity and permit a potential issuance under its agreement with YA II PN, Ltd.
Soluna Holdings announced an amended agreement with Dory Creek, LLC, a wholly owned subsidiary of Bitdeer Technologies Group, to expand their partnership to 35 MW at Project Kati 1. Under the expanded agreement, Bitdeer will deploy additional capacity at the green data center project.
Why it matters — The expanded agreement with Bitdeer at Project Kati 1 signals growing commercial validation and increased contracted capacity for Soluna's green data center development.
The 2 Wall Street analysts covering Soluna Holdings, Inc. have a median 12-month price target of $3, with estimates ranging from $2 to $4. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 2 analysts covering Soluna Holdings, Inc., 2 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Soluna Holdings, Inc. 19 out of 100 across roughly 4,600 US stocks as at 29 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 29 Oct 2026, Soluna Holdings, Inc. ranks 19 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (69 of 100).
No one can know that. What the data says: the median 12-month target from 2 analysts implies +329.2% from the last close, and Ticker Nerd's factor model ranks Soluna Holdings, Inc. 19 out of 100 as at 29 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Soluna Holdings, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for SLNH are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $2 to $4 over the next 12 months.
Soluna Holdings, Inc. returned -78.3% over the 12 months to 29 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Soluna Holdings, Inc. Common Stock represents the equity of Soluna Holdings, Inc., a digital infrastructure company focused on converting surplus renewable energy into computing capacity.
The most recent item we track (PRNewsWire, 26 Oct 2026): "Soluna Completes Full Repayment of Generate Capital Debt". Soluna Holdings announced it has fully repaid the $28.7 million in principal outstanding as of June 30, 2026, under its credit facility with Generate Capital. The company also said its total debt principal has declined 76% since June 30, 2026.
Soluna Holdings, Inc. Common Stock represents the equity of Soluna Holdings, Inc., a digital infrastructure company focused on converting surplus renewable energy into computing capacity. Soluna develops and operates modular green data centers designed to support energy-intensive workloads such as cryptocurrency mining, generative AI, scientific computing, and other high-performance computing applications. Its business is centered on co-locating data center operations with renewable power sources, including wind, solar, and hydroelectric facilities, to help monetize otherwise underused energy resources. The company also provides data center hosting and high-performance computing services through its operating segments, serving customers that need scalable computing infrastructure and reliable power-intensive processing environments. Soluna Holdings, Inc. is headquartered in Albany, New York, and its common stock reflects the market’s view of a company positioned at the intersection of renewable energy and digital infrastructure.
CEO Mr. John Belizaire · 51 employees · United States · https://www.solunacomputing.com
