Soluna (NASDAQ:SLNH) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Soluna (NASDAQ:SLNH) from a "sell" to a "hold"; the consensus rating is currently "Hold" with an average price target of $5.00 based on one Buy and one Sell analyst.
• Shares opened at $1.20 with a market cap of $135.82 million, a 50-day/200-day moving average of $0.87/$1.57, a 12-month range of $0.42–$5.14, and a high beta of 4.26.
• The company reported $0.91 EPS and $9.21 million in quarterly revenue but shows deep losses (negative ROE of 71.50% and net margin of -179.73%), and analysts forecast -0.46 EPS for the current year.

Soluna (NASDAQ:SLNH - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a report released on Saturday.

Separately, Weiss Ratings restated a "sell (e+)" rating on shares of Soluna in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $5.00.

Soluna Stock Performance

Shares of NASDAQ:SLNH opened at $1.20 on Friday. The firm has a market capitalization of $135.82 million, a PE ratio of -0.14 and a beta of 4.26. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.87 and a quick ratio of 1.87. The business has a 50-day moving average of $0.87 and a two-hundred day moving average of $1.57. Soluna has a 12 month low of $0.42 and a 12 month high of $5.14.

Soluna (NASDAQ:SLNH - Get Free Report) last announced its quarterly earnings results on Saturday, March 28th. The company reported $0.91 EPS for the quarter. The company had revenue of $9.21 million during the quarter. Soluna had a negative return on equity of 71.50% and a negative net margin of 179.73%. As a group, research analysts forecast that Soluna will post -0.46 earnings per share for the current year.

Institutional Investors Weigh In On Soluna

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Focus Partners Wealth acquired a new stake in shares of Soluna in the third quarter valued at about $25,000. Scientech Research LLC acquired a new stake in shares of Soluna in the third quarter valued at about $31,000. Azora Capital LP acquired a new stake in shares of Soluna in the third quarter valued at about $35,000. Matauro LLC acquired a new stake in shares of Soluna in the fourth quarter valued at about $28,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of Soluna in the fourth quarter valued at about $30,000. 23.19% of the stock is currently owned by institutional investors and hedge funds.

About Soluna

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.

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