Should I Buy SLNH? SLNH 2026 Analysis

Should You Buy Soluna Holdings Inc (SLNH) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

1.160

1 Day change

-8.66%

52 Week Range

5.140

Analysis Updated At

2026/01/26

Soluna Holdings Inc (SLNH) is not a strong buy at this moment for a beginner investor with a long-term strategy. The stock lacks clear positive signals, has weak technical indicators, and its financial performance shows significant challenges. While there is a recent analyst upgrade and a focus on renewable energy, the company's negative earnings and declining gross margin outweigh the potential positives. It is better to wait for stronger financial performance or clearer upward momentum before investing.

Technical Analysis

The stock's technical indicators are weak. The MACD is negative and expanding, indicating bearish momentum. RSI is at 26.43, which is neutral but leaning towards oversold territory. Moving averages are converging, showing no clear trend. The stock is trading near its support level (S1: 1.346), with resistance levels at R1: 1.797 and R2: 1.936.

Options Data

Positive Catalysts

The company has been upgraded to 'Buy' by H.C. Wainwright with a $5 price target, citing its relationships with renewable power generators and development pipeline. Additionally, the appointment of a new CFO with extensive experience could support long-term growth in sustainable computing.

Neutral/Negative Catalysts

The stock dropped 4.2% following the CFO announcement, showing weak investor confidence. Financial performance remains a concern with negative net income, declining EPS, and a significant drop in gross margin. Technical indicators suggest bearish momentum.

Financial Performance

In Q3 2025, revenue increased by 11.83% YoY to $8,415,000. However, net income remains negative at -$23,956,000, albeit improving by 233.18% YoY. EPS dropped by 4.30% YoY to -0.89, and gross margin fell significantly to 27.68%, down 252.68% YoY. Overall, financials indicate ongoing challenges despite revenue growth.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

H.C. Wainwright upgraded the stock to 'Buy' from 'Neutral' with a $5 price target, citing its renewable energy relationships and development pipeline. However, there are no other recent analyst updates to support a strong consensus.

1 Analyst Rating

Wall Street analysts forecast SLNH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLNH is 5 USD with a low forecast of 5 USD and a high forecast of 5 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

0 Hold

0 Sell

Moderate Buy

Current: 1.270

Low

Averages

High

Current: 1.270

Low

Averages

High

H.C. Wainwright

Neutral -> Buy

upgrade

AI Analysis

2025-12-11

Reason

H.C. Wainwright

Price Target

AI Analysis

2025-12-11

upgrade

Neutral -> Buy

Reason

H.C. Wainwright upgraded Soluna Holdings to Buy from Neutral with a $5 price target. The firm says the company has "important relationships" with various renewable power generators in Texas. The analyst cites Soluna's development pipeline for the upgrade.

H.C. Wainwright

Neutral

initiated

2025-07-23

Reason

H.C. Wainwright

Price Target

2025-07-23

initiated

Neutral

Reason

H.C. Wainwright initiated coverage of Soluna Holdings with a Neutral rating and no price target. The company builds modular datacenters behind the meter at wind and solar generating sites, the analyst tells investors in a research note. The firm cites concerns over customer acquisition and funding the company's high performance computing aspirations for the Neutral rating.

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SLNH Should I Buy

SLNH Should I Buy

Should You Buy Soluna Holdings Inc (SLNH) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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