Soluna (SLNH) Stock Price, News & Analysis

Company Overview

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. Soluna’s flagship project in northern Africa pairs a wind farm directly to its computing center, capturing otherwise curtailed energy and routing it to computing tasks. This modular “power-plus-compute” model enables more predictable returns on renewable assets while reducing curtailment and volatility.

Founded in 2015 and headquartered in San Francisco, Soluna completed its public listing via a special purpose acquisition company in 2021. Since then, it has advanced its Moroccan wind-power pilot and outlined plans for new facilities in North America and other markets with strong renewable potential. Led by executives with expertise in energy development, IT infrastructure and project finance, the company seeks to scale its platform globally, harnessing clean energy to meet growing high-performance computing demand.

Key Stats

• Today's Range: $2.06 to $2.25
• 50-Day Range: $0.43 to $3.50
• 52-Week Range: $0.36 to $4.78
• Volume: 1.85 million shs
• Average Volume: 4.27 million shs
• Market Capitalization: $140.57 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Reduce

Soluna Stock Analysis - MarketRank™

Soluna scored higher than 14% of companies evaluated by MarketBeat, and ranked 287th out of 324 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Soluna.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Soluna is -0.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Soluna is -0.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Soluna has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

27.26% of the float of Soluna has been sold short.

Short Interest Ratio / Days to Cover

Soluna has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Soluna has recently increased by 414.75%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Soluna does not currently pay a dividend.

Dividend Growth

Soluna does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

27.26% of the float of Soluna has been sold short.

Short Interest Ratio / Days to Cover

Soluna has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Soluna has recently increased by 414.75%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.34

News Sentiment

Soluna has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Soluna this week, compared to 2 articles on an average week.

Search Interest

39 people have searched for SLNH on MarketBeat in the last 30 days. This is an increase of 3,800% compared to the previous 30 days.

MarketBeat Follows

10 people have added Soluna to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Soluna insiders have not sold or bought any company stock.

Percentage Held by Insiders

23.70% of the stock of Soluna is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 23.19% of the stock of Soluna is held by institutions.

SLNH Stock Analysis - Frequently Asked Questions

How have SLNH shares performed this year?

Soluna's stock was trading at $2.10 on January 1st, 2025. Since then, SLNH stock has increased by 7.6% and is now trading at $2.26.

How were Soluna's earnings last quarter?

Soluna Holdings, Inc. (NASDAQ:SLNH) announced its quarterly earnings results on Thursday, August, 14th. The company reported ($0.69) earnings per share for the quarter, topping analysts' consensus estimates of ($0.76) by $0.07. The business had revenue of $6.16 million for the quarter, compared to the consensus estimate of $8.10 million. Soluna had a negative net margin of 222.81% and a negative trailing twelve-month return on equity of 183.79%.

When did Soluna's stock split?

Soluna shares reverse split on the morning of Monday, October 16th 2023.The 1-25 reverse split was announced on Thursday, October 12th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, October 13th 2023. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

Who are Soluna's major shareholders?

Soluna's top institutional shareholders include Fiduciary Alliance LLC (0.06%). Insiders that own company stock include Michael Toporek, William P Phelan, Edward R Hirshfield, Mary Jennifer Oreilly, David C Michaels, Jessica L Thomas and John Belizaire.
View institutional ownership trends.

How do I buy shares of Soluna?

Shares of SLNH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Soluna own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Soluna investors own include NVIDIA (NVDA), Meta Platforms (META), Sangamo Therapeutics (SGMO), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 8/14/2025
• Today: 10/13/2025
• Next Earnings (Estimated): 11/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Banking
• Current Symbol: NASDAQ:SLNH
• CIK: 64463
• Web: www.mechtech.com
• Phone: (518) 218-2500
• Fax: 518-533-2201
• Employees: 60
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($9.01)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$63.33 million
• Net Margins: -222.81%
• Pretax Margin: -229.71%
• Return on Equity: -183.79%
• Return on Assets: -67.66%

Debt

• Debt-to-Equity Ratio: 0.34
• Current Ratio: 0.35
• Quick Ratio: 0.35

Sales & Book Value

• Annual Sales: $38.02 million
• Price / Sales: 3.81
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.58 per share
• Price / Book: 0.88

Miscellaneous

• Outstanding Shares: 64,100,000
• Free Float: 48,910,000
• Market Cap: $144.87 million
• Optionable: No Data
• Beta: 4.34