Soluna (SLNH) Projected to Release Quarterly Earnings on Thursday

Key Points

• Soluna is expected to report Q3 2026 results after market close on November 12, with analysts forecasting a loss of $0.06 per share and revenue of $18 million.
• In its previous quarter, Soluna reported a loss of $0.18 per share, missing the $0.11 consensus estimate, while revenue of $15.06 million also fell short of expectations.
• Analyst opinions are mixed, but the consensus rating is Hold with a $3.00 target price. Shares opened at $0.56, near their 12-month low of $0.52.

Soluna (NASDAQ:SLNH - Get Free Report) will likely be releasing its Q3 2026 results after the market closes on Thursday, November 12th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $18.00 million for the quarter. Interested persons can check the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, November 13, 2026 at 4:00 PM ET.

Soluna (NASDAQ:SLNH - Get Free Report) last announced 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). The business had revenue of $15.06 million during the quarter, compared to the consensus estimate of $15.70 million. Soluna had a negative net margin of 182.16% and a negative return on equity of 52.19%. On average, analysts expect Soluna to post ($0.41) EPS for the current fiscal year and ($0.23) EPS for the next fiscal year.

Soluna Stock Performance

SLNH stock opened at $0.56 on Thursday. Soluna has a twelve month low of $0.52 and a twelve month high of $3.55. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.02. The company has a market cap of $137.86 million, a P/E ratio of -0.50 and a beta of 5.07. The business's fifty day moving average is $0.96 and its 200-day moving average is $1.16.

Insiders Place Their Bets

In other news, CAO Jessica Thomas sold 30,000 shares of Soluna stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $1.26, for a total transaction of $37,800.00. Following the transaction, the chief accounting officer directly owned 1,481,417 shares of the company's stock, valued at $1,866,585.42. This trade represents a 1.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have acquired 50,000 shares of company stock valued at $57,000 in the last quarter. Company insiders own 15.50% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. HC Wainwright reiterated a "buy" rating and issued a $4.00 price objective on shares of Soluna in a report on Monday, August 17th. Weiss Ratings reissued a "sell (d-)" rating on shares of Soluna in a research note on Wednesday, September 9th. Zacks Research upgraded Soluna to a "hold" rating in a report on Tuesday, July 21st. Rosenblatt Securities decreased their target price on Soluna to $2.00 and set a "buy" rating for the company in a research report on Thursday, October 22nd. Finally, Wall Street Zen lowered Soluna from a "hold" rating to a "sell" rating in a research report on Saturday, September 19th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Soluna has a consensus rating of "Hold" and a consensus target price of $3.00.

About Soluna

Soluna Holdings, Inc NASDAQ: SLNH develops and operates data centers powered by renewable energy. The company focuses on energy-intensive computing applications, including cryptocurrency mining and high-performance computing, by locating facilities near renewable power sources and using excess or otherwise curtailed electricity.

Through its Soluna Computing subsidiary, the company builds modular data centers designed to support digital-asset mining and emerging applications such as artificial intelligence and other high-performance computing workloads.

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