What is Maxim Group's Estimate for Solana Q3 Earnings?

Key Points

• Maxim Group estimates Solana will lose $0.04 per share in Q3 2026; the consensus estimate for full-year earnings is a loss of $0.25 per share.
• In its latest reported quarter, Solana posted EPS of $1.17 versus analysts’ expected loss of $0.01, while revenue reached $3.36 million, above the $2.85 million consensus. The reported profit was heavily influenced by a $102.7 million unrealized digital-asset gain.
• Analysts’ overall rating is Hold, with a consensus price target of $4.00; ratings range from Buy to Sell.

Solana Company (NASDAQ:HSDT - Free Report) - Stock analysts at Maxim Group issued their Q3 2026 EPS estimates for shares of Solana in a research note issued to investors on Tuesday, November 10th. Maxim Group analyst M. Galinko forecasts that the company will post earnings of ($0.04) per share for the quarter. The consensus estimate for Solana's current full-year earnings is ($0.25) per share.

Solana (NASDAQ:HSDT - Get Free Report) last announced its quarterly earnings results on Wednesday, November 11th. The company reported $1.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $1.18. Solana had a negative net margin of 1,302.78% and a negative return on equity of 41.86%. The business had revenue of $3.36 million during the quarter, compared to the consensus estimate of $2.85 million.

Other research analysts have also issued research reports about the stock. B. Riley Financial raised their price objective on shares of Solana from $3.50 to $4.00 and gave the company a "buy" rating in a research note on Tuesday, September 22nd. Weiss Ratings reissued a "sell (e+)" rating on shares of Solana in a research report on Thursday, October 15th. Finally, Wall Street Zen downgraded shares of Solana from a "hold" rating to a "sell" rating in a research note on Saturday, August 15th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Solana has a consensus rating of "Hold" and a consensus target price of $4.00.

Solana Stock Up 1.9%

Shares of NASDAQ HSDT opened at $1.86 on Thursday. The firm has a market cap of $112.97 million, a price-to-earnings ratio of -0.06 and a beta of 1.10. Solana has a 52-week low of $1.19 and a 52-week high of $5.46. The business's 50 day moving average is $2.37 and its two-hundred day moving average is $2.06.

Institutional Investors Weigh In On Solana

An institutional investor recently bought a new stake in Solana stock. Saba Capital Management L.P. bought a new position in shares of Solana Company (NASDAQ:HSDT - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 65,210 shares of the company's stock, valued at approximately $113,000. Saba Capital Management L.P. owned approximately 0.12% of Solana at the end of the most recent quarter. Hedge funds and other institutional investors own 18.63% of the company's stock.

Top Solana Stories

These are some of the HSDT stories that stood out recently:

• Positive Sentiment: Q3 revenue rose to $3.36 million from $0.70 million a year earlier, led by staking income; gross margin was about 82%. Revenue also exceeded the cited analyst estimate of $2.85 million. Solana Company Q3 results
• Negative Sentiment: The headline profit may not reflect recurring performance: the $102.7 million unrealized digital-asset gain was a major contributor, while gross profit of $2.7 million was below quarterly general and administrative expenses of $3.4 million. Year-to-date G&A also increased from the prior-year period.
• Negative Sentiment: Cash and cash equivalents were only $1.1 million at quarter-end, down from $7.3 million at year-end 2025. The company’s large SOL exposure also leaves results vulnerable to crypto-market swings.

About Solana

Solana is a digital asset company focused on building a treasury centered on Solana's native cryptocurrency, SOL. Its activities include acquiring and holding SOL and developing strategies intended to provide investors with exposure to the Solana blockchain ecosystem through a publicly traded company. The company is associated with the Solana network, a blockchain platform designed to support decentralized applications, digital assets and smart contracts. Its business may also include participating in the broader Solana ecosystem and pursuing opportunities related to blockchain infrastructure and digital asset growth.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.