SLNH

Soluna Holdings Inc
NASDAQFINANCIAL SERVICESCAPITAL MARKETS

Key Statistics

Market Cap
$298.40M
P/E Ratio
—
EPS
$-0.70
Beta
5.09
52W High
$5.14
52W Low
$0.59
50-Day MA
$1.21
200-Day MA
$1.27
Dividend Yield
—
Profit Margin
-182.20%
Forward P/E
—
PEG Ratio
—

About Soluna Holdings Inc

Soluna Holdings Inc. is a trailblazer at the intersection of renewable energy and blockchain technology, dedicated to converting surplus clean energy into a sustainable power source for cryptocurrency mining and high-performance computing. The company’s unique approach not only enhances operational efficiency but also tackles the environmental impact of the energy-intensive digital asset sector. With a strong alignment to the increasing global focus on sustainability and digital innovation, Soluna is well-positioned for robust revenue growth, presenting institutional investors with an attractive opportunity to participate in the evolving landscapes of renewable energy and technological advancement.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$42.08M
Gross Profit (TTM)$24.63M
EBITDA$-34.44M
Operating Margin-112.00%
Return on Equity-68.40%
Return on Assets-17.30%
Revenue/Share (TTM)$0.54
Book Value$0.70
Price-to-Book1.99
Price-to-Sales (TTM)7.09
EV/Revenue5.68
EV/EBITDA-0.63
Quarterly Earnings Growth (YoY)0.00%
Quarterly Revenue Growth (YoY)144.60%
Shares Outstanding$244.59M
Float$186.76M
% Insiders22.92%
% Institutions20.55%

Historical Volatility

HV 10-Day
53.83%
HV 20-Day
70.57%
HV 30-Day
75.19%
HV 60-Day
88.84%
HV Rank
—

Volatility is currently contracting

Analyst Ratings

Consensus ($4.00 target)
1
Buy

Latest News

Soluna to Present at the Water Tower Research Insights Conference on September 23, 2026

Albany, New York--(Newsfile Corp. - September 22, 2026) - Soluna Holdings, Inc. (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced that John Belizaire, CEO, will present at the Water Tower Research Insights Conference, a two-day virtual event taking place September 22 and 23, 2026. John Belizaire will present on Wednesday, September 23, 2026, at 1:30 PM ET, and Soluna Holdings, Inc. will be available for one-on-one investor meetings.

Newsfile Corp9/22/2026Neutral
Soluna Secures Conditional Base Load Position for Project Dorothy's 100 MW in ERCOT Batch Zero

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. ("Soluna" or the "Company") (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced that ERCOT has conditionally classified its 100 MW Project Dorothy campus as Base Load in Batch Zero. The classification follows last week's conditional Base Load position for the full 166 MW at Project Kati. "We put the load at the generation instead of waiting years in an interc.

Business Wire9/14/2026Neutral
Soluna to Participate in the H.C. Wainwright 28th Annual Global Investment Conference

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, today announced that Chief Executive Officer John Belizaire will participate in the H.C. Wainwright 28th Annual Global Investment Conference. H.C. Wainwright 28th Annual Global Investment Conference Date: September 14-16, 2026 Location: New York, NY Belizaire will join the panel "Powering The AI.

Business Wire9/9/2026Neutral
Soluna Finishes Kati 1 and Secures Conditional Base Load Position for All 166 MW in ERCOT

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. ("Soluna" or the "Company") (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced two milestones at its Project Kati campus in Willacy County, Texas. The Company has energized the final 14 MW at Project Kati 1, completing the 83 MW site, and has been notified that ERCOT has conditionally classified the full 166 MW Kati campus, including the planned Kati 2 AI ex.

Business Wire9/8/2026Neutral
Soluna and Bitdeer Enter 28 MW Agreement at Project Kati 1

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. ("Soluna" or the "Company") (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced that one of its subsidiaries has entered into an agreement with Dory Creek, LLC, a wholly owned subsidiary of Bitdeer Technologies Group ("Bitdeer") (NASDAQ: BTDR), a world-leading technology company for AI and Bitcoin mining infrastructure. Under the agreement, Bitdeer will deplo.

Business Wire8/25/2026Neutral
Soluna Closes Purchase of 397 Acres for Project Dorothy 3

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced it has closed the purchase of 397 acres in Briscoe County, Texas. The land will host Project Dorothy 3, Soluna's planned renewable-first AI computing campus with a potential capacity of up to 300 MW. The parcel sits adjacent to Projects Dorothy 1 and 2 and to the 150 MW Briscoe Wi.

Business Wire8/24/2026Neutral
Soluna Holdings: The $1.3B Question Remains Unanswered

Soluna Holdings, Inc. is transitioning from Bitcoin mining to AI data center hosting, but market focus has shifted to its ability to finance growth without excessive dilution. Q2 2026 revenue surged 145% to $15.06M, yet gross profit declined and share count more than doubled due to aggressive equity financing, highlighting dilution risk. Execution hinges on securing a definitive lease and project-level debt (targeting 70-80%) for Kati 2; failure could force further equity issuance and undermine valuation.

Seeking Alpha8/18/2026Negative
Soluna Q2 Earnings Call Highlights

Soluna NASDAQ: SLNH reported second-quarter 2026 revenue of $15.1 million, up 145% from a year earlier, as its hosting operations expanded and additional sites ramped. The company said the quarter marked its fifth consecutive period of sequential revenue growth, while it continued to build its renewable-powered data center pipeline for AI and high-performance computing workloads.

MarketBeat8/14/2026Neutral
Soluna Reports Q2'26 Results; Revenue Grows 145% Year-Over-Year

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced its financial results for the second quarter ended June 30, 2026. "This is Soluna's fifth consecutive quarter of sequential revenue growth, and a 145% year-over-year increase that reflects the operating leverage we are building across the portfolio," said John Belizaire, CEO of Soluna H.

Business Wire8/13/2026Neutral

Turn research into an automated options-selling system

Tiblio connects your broker and runs your put-and-call-writing strategy for you — on SLNH and any ticker you trade — then tracks every position and per-strategy win rate.

See how it works

More FINANCIAL SERVICES Stocks

Data last updated: 9/26/2026