SLNHSLNHFinancial Services · Capital Markets

SLNH Stock Forecast: Soluna Holdings, Inc. Price Predictions for 2026-2027

Last close, 5 Oct 2026
$1.03
−3.74% on the day

The 2 Wall Street analysts covering Soluna Holdings, Inc. hold a median 12-month price target of $4 — +288.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 19 of 100 as at 5 Oct 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$261.7M
Ticker Nerd rank
19 / 100
Median analyst target
$4.00
Analysts covering
2
Revenue$15.1M+144.6% y/y
Operating income−$16.9M
Net income−$22.6M
Free cash flow−$12.6M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−12.7%
1M
−14.2%
YTD
−12.0%
1Y
−53.6%
From 52W high
−76.7%
From 52W low
+68.9%
$0.61
$4.42
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

SLNH stock analysis: one number for the whole business

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.

Where the model ranks itAs at 5 Oct 2026
19 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Size
64
Momentum
64
Growth
62
Accruals
46
Revisions
39
Quality
15
Value
15
Volatility
7
Issuance
6

Size (64): Smaller than most of the companies we track.

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 quant trader with fourteen years in markets.

Wall Street

SLNH stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on SLNH, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0.00$1.00$2.00$3.00$4.00Jan 26Apr 26Jul 26Oct 26SLNHHigh $4.00Median $4.00Low $4.00

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

What Wall Street says2 analysts
2 Buy0 Hold0 Sell
Low $4.00Median $4.00High $4.00

The green dot is the last close — the median target sits +288.3% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
17 Sept 2026RosenblattInitiatesBuy$4.00
17 Aug 2026HC Wainwright & Co.ReiteratesBuy$4.00
17 Aug 2026HC Wainwright & Co.ReiteratesBuy—
20 July 2026HC Wainwright & Co.AssumesBuy$4.00
11 Dec 2025HC Wainwright & Co.UpgradeBuy—
11 Dec 2025HC Wainwright & Co.UpgradeBuy$5.00
23 July 2025HC Wainwright & Co.InitiatesNeutral—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. SLNH appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

SLNH vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 5 Oct 2026, Soluna Holdings, Inc. returned −53.6% against +17.0% for the S&P 500, dividends included.

SLNH vs S&P 500, last 12 monthsTotal return, rebased to 100
50100150200Jan 26Apr 26Jul 26Oct 26SLNHS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

SLNH analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
1
Analysts cutting
0
Fundamentals

Soluna Holdings, Inc. (SLNH) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−0.4×

Cheaper than 80% of US stocks

Price / sales
5.9×

Cheaper than 21% of US stocks

Price / book
1.5×

Cheaper than 55% of US stocks

EV / EBITDA
−7.0×

Cheaper than 82% of US stocks

Growth & margins
Revenue growth (YoY)
144.6%

Higher than 95% of US stocks

Earnings growth (YoY)
144.6%

Higher than 87% of US stocks

Gross margin
5.1%

Higher than 6% of US stocks

Operating margin
−112.0%

Higher than 13% of US stocks

Net margin
−182.2%

Higher than 3% of US stocks

Returns & dividend
Return on equity
−68.4%

Higher than 18% of US stocks

Return on assets
−17.3%

Higher than 21% of US stocks

Dividend yield
0.0%

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.

Key statistics

Soluna Holdings, Inc. (SLNH) statistics: revenue, profit & scale

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 $261.7M and an enterprise value of $242.1M.

  • 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.

  • Shares outstanding: 225.8M.

  • Trailing P/E: −0.4×; forward P/E: −4.4× — 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.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 5 Oct 2026

Data provided by Twelve Data

Peers

SLNH vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelCapital Markets
CompanyMarket capTKN rank
SLNHSoluna Holdings, Inc.$261.7M
19
FUFUBitFuFu, Inc.$248.9M
20
CNCKCoincheck Group NV$272.4M
3
AUCATIF Holdings Ltd.$187.0M
18
NAKANakamoto, Inc.$174.9M
20
SVIASilvia, Inc.$404.9M
1
USDEStablecoinX, Inc.$406.7M
16

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 →

News

Latest SLNH news & analysis

Soluna and Bitdeer Expand Agreement to 35 MW at Project Kati 1

Business Wire · 28 Sept 2026positive

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.

Soluna to Present at the Water Tower Research Insights Conference on September 23, 2026

Newsfile Corp · 22 Sept 2026neutral

Soluna Holdings announced that CEO John Belizaire will present at the Water Tower Research Insights Conference, a two-day virtual event held September 22-23, 2026. Belizaire will present on September 23 at 1:30 PM ET, and the company will be available for one-on-one investor meetings.

Why it matters — A SLNH watcher would care because the CEO's conference presentation and one-on-one investor meetings provide opportunities for increased visibility and engagement with the investment community.

Soluna Secures Conditional Base Load Position for Project Dorothy's 100 MW in ERCOT Batch Zero

Business Wire · 14 Sept 2026positive

Soluna Holdings announced that ERCOT has conditionally classified its 100 MW Project Dorothy campus as Base Load in Batch Zero, following last week's conditional Base Load position for the full 166 MW at Project Kati. The classification reflects the company's strategy of placing load at the generation source.

Why it matters — This conditional Base Load classification in ERCOT's Batch Zero could represent progress for Soluna's Project Dorothy and its broader green data center pipeline.

Soluna to Participate in the H.C. Wainwright 28th Annual Global Investment Conference

Business Wire · 9 Sept 2026neutral

Soluna Holdings announced that CEO John Belizaire will participate in the H.C. Wainwright 28th Annual Global Investment Conference, scheduled for September 14-16, 2026, in New York, NY. Belizaire will join the panel "Powering The AI."

Why it matters — SLNH watchers would care because the CEO's participation at a major investment conference provides the company with a platform to present its green data center business to the investment community.

Soluna Finishes Kati 1 and Secures Conditional Base Load Position for All 166 MW in ERCOT

Business Wire · 8 Sept 2026positive

Soluna Holdings announced two milestones at its Project Kati campus in Willacy County, Texas. The company energized the final 14 MW at Project Kati 1, completing the 83 MW site, and has been notified that ERCOT has conditionally classified the full 166 MW Kati campus, including the planned Kati 2 AI expansion.

Why it matters — This marks completion of the Kati 1 site and secures a conditional base load position for the entire 166 MW campus, which supports Soluna's green data center expansion for AI and Bitcoin mining operations.

FAQ

Frequently asked questions about SLNH stock

What is the SLNH stock price forecast for 2026-2027?

The 2 Wall Street analysts covering Soluna Holdings, Inc. have a median 12-month price target of $4, with estimates ranging from $4 to $4. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is SLNH stock a buy right now?

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 5 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank SLNH?

As at 5 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 Size (64 of 100).

Will SLNH stock go up?

No one can know that. What the data says: the median 12-month target from 2 analysts implies +288.3% from the last close, and Ticker Nerd's factor model ranks Soluna Holdings, Inc. 19 out of 100 as at 5 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the SLNH stock forecast for 2030?

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: $4 to $4 over the next 12 months.

How has SLNH stock performed over the past year?

Soluna Holdings, Inc. returned -53.6% over the 12 months to 5 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Soluna Holdings, Inc. do?

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.

What is the latest news on SLNH?

The most recent item we track (Business Wire, 28 Sept 2026): "Soluna and Bitdeer Expand Agreement to 35 MW at Project Kati 1". 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.

Company

About Soluna Holdings, Inc.

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