HC Wainwright Has Strong Forecast for Soluna FY2025 Earnings

by · The Cerbat Gem

Soluna Holdings, Inc. (NASDAQ:SLNH – Free Report) – Research analysts at HC Wainwright upped their FY2025 earnings per share estimates for shares of Soluna in a research note issued on Thursday, December 11th. HC Wainwright analyst K. Dede now forecasts that the company will earn ($1.47) per share for the year, up from their previous estimate of ($2.35). HC Wainwright currently has a “Buy” rating and a $5.00 target price on the stock. HC Wainwright also issued estimates for Soluna’s Q4 2025 earnings at ($0.20) EPS and FY2026 earnings at ($0.46) EPS.

Other equities analysts have also recently issued research reports about the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Soluna in a report on Wednesday, December 10th. Wall Street Zen upgraded Soluna from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $5.00.

View Our Latest Research Report on Soluna

Soluna Trading Down 25.1%

Shares of SLNH opened at $1.43 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.18 and a current ratio of 1.18. Soluna has a 52-week low of $0.36 and a 52-week high of $5.14. The firm has a market cap of $97.84 million, a price-to-earnings ratio of -0.16 and a beta of 4.83. The business’s fifty day moving average is $2.46 and its 200-day moving average is $1.41.

Soluna (NASDAQ:SLNH – Get Free Report) last issued its quarterly earnings data on Friday, November 14th. The company reported ($0.70) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.09). The firm had revenue of $8.42 million for the quarter, compared to the consensus estimate of $9.00 million. Soluna had a negative return on equity of 170.50% and a negative net margin of 274.18%.

Institutional Trading of Soluna

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Millennium Management LLC purchased a new stake in shares of Soluna in the third quarter worth $471,000. SBI Securities Co. Ltd. grew its position in Soluna by 118.8% during the 2nd quarter. SBI Securities Co. Ltd. now owns 64,766 shares of the company’s stock valued at $37,000 after purchasing an additional 35,167 shares during the last quarter. Fiduciary Alliance LLC purchased a new stake in Soluna during the 3rd quarter valued at about $89,000. Azora Capital LP bought a new stake in Soluna during the 3rd quarter valued at about $35,000. Finally, Scientech Research LLC purchased a new position in Soluna in the third quarter worth about $31,000. 23.19% of the stock is owned by hedge funds and other institutional investors.

Soluna Company Profile

(Get Free Report)

Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.

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