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: $1.56 to $1.75
• 50-Day Range: $0.61 to $2.22
• 52-Week Range: $0.42 to $5.14
• Volume: 20.39 million shs
• Average Volume: 11.91 million shs
• Market Capitalization: $268.96 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.00
• Consensus Rating: Hold

Soluna Stock Analysis - MarketRank™

Soluna scored higher than 45% of companies evaluated by MarketBeat, and ranked 192nd out of 301 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: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Soluna has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and 1 sell rating.

Upside Potential

Soluna has a consensus price target of $5.00, representing about 188.2% upside from its current price of $1.74.

Amount of Analyst Coverage

Soluna has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Soluna is -1.06, 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 -1.06, 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 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

17.18% 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 0.77, 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 13.36%, 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.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: 0.63

News Sentiment

Soluna has a news sentiment score of 0.63. 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 0.80 average news sentiment score of Business Services companies.

News Coverage This Week

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

Search Interest

Only 17 people have searched for SLNH on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Soluna to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 3.5 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $163,000.00 in company stock, which represents 0.0596% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Soluna insiders have bought more of their company's stock than they have sold. Specifically, they have bought $163,000.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

10.10% 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

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

Company Calendar

• Last Earnings: 5/15/2026
• Today: 6/01/2026
• Next Earnings (Estimated): 8/13/2026
• Fiscal Year End: 12/31/2026

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: 1961

Price Target and Rating

• Average Price Target for Soluna: $5.00
• High Price Target: $5.00
• Low Price Target: $5.00
• Potential Upside/Downside: +191.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.63)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$53.41 million
• Net Margins: -190.87%
• Pretax Margin: -211.16%
• Return on Equity: -64.80%
• Return on Assets: -34.02%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 1.75
• Quick Ratio: 1.75

Sales & Book Value

• Annual Sales: $29.72 million
• Price / Sales: 9.10
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.20 per share
• Price / Book: 1.43

Miscellaneous

• Outstanding Shares: 157,750,000
• Free Float: 141,815,000
• Market Cap: $270.54 million
• Optionable: No Data
• Beta: 5.08