Soluna Holdings, Inc (SLNH)
NasdaqCM · Price as of · Nasdaq Real Time Price
- Profitability6/20
Losing money but improving: $-76.6M over the last four reported quarters versus $-95.0M the year before.
- Insider buying vs selling17/20
Some insider buying (4 buys, $117,000) against larger selling (21 sells, $1.1M). Any open-market buying is worth noticing. Separately, 3 new 5%+ stake disclosures (13D/13G) hit in the last 6 months, which is big-money accumulation.
- Dilution and offerings1/15
Share count up 711.4% in a year and 13 offering-related filings. Heavy dilution. One nuance: offerings raise cash that can fund real growth. The score docks the certain near-term dilution; if the spending pays off, it shows up later in the profitability component.
- Analysts2
- Implied upside+461.8%
- Target range$2.00 to $4.00
- EPS expected-$0.06
- A year ago-$0.42
- Revenue expected$18.1M +114%
SLNH closed at $0.53 on Oct 22, down 57.3% since Sep 23. Chart read: price below both the 50-day and 200-day moving averages; the 50-day is below the 200-day (downtrend structure); trading at 0% of the 52-week range ($0.53 to $3.58).
Insider buying and selling at Soluna Holdings, Inc (SLNH)
The most recent Form 4 on record for Soluna Holdings, Inc (SLNH) is August 28, 2026, when Michael Picchi, Chief Financial Officer, bought $22,600 of stock. An open-market purchase is money the filer chose to put in.
| Insider | Action | Value | Date | Type |
|---|---|---|---|---|
| William P Phelan · Director | Sell | $100,239 | August 28, 2026 | Worth a look |
| Michael Picchi · Chief Financial Officer | Buy | $22,600 | August 28, 2026 | Notable buy |
| John Belizaire · Chief Executive Officer | Buy | $60,000 | August 26, 2026 | Notable buy |
| William P Phelan · Director | Sell | $180,348 | August 25, 2026 | Worth a look |
| William P Phelan · Director | Sell | $166,980 | August 21, 2026 | Worth a look |
| Michael Picchi · Chief Financial Officer | Buy | $34,400 | August 20, 2026 | Notable buy |
| William P Phelan · Director | Sell | $77,455 | August 19, 2026 | Worth a look |
| Edward R Hirshfield · Director | Sell | $111,146 | August 17, 2026 | Worth a look |
Filed notices to sell
A Form 144 is filed beforean insider sells restricted stock. The Form 4 reporting the completed trade isn't due until two business days after the sale, so these land first. They are intentions, not transactions.
| Insider | Value | Filed | Status | Type |
|---|---|---|---|---|
| Phelan William P · Director | $12,687 | September 3, 2026 | Not yet reported | Mixed lots |
| Belizaire John · Officer | $11,910 | September 1, 2026 | Not yet reported | Routine |
| Phelan William P · Director | $539,418 | August 19, 2026 | Executed | Other |
SEC filings
| Form | Filed | Description |
|---|---|---|
| 8-K | October 21, 2026 | 8-K |
| 8-K | October 21, 2026 | 8-K |
| 8-K | October 20, 2026 | 8-K |
| 8-K | October 19, 2026 | 8-K |
| 8-K | September 28, 2026 | 8-K |
| 4 | September 24, 2026 | 4 |
| 4 | September 17, 2026 | 4 |
| 4 | September 17, 2026 | 4 |
Articles that mention Soluna without it being the main subject.
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Lumentum and Coherent haven't missed a quarter in over a year. Intuitive Machines hasn't beaten one. More than 30 AI-linked stocks report earnings the week of August 10, and their trailing records couldn't be more different.
IREN signed $2.8 billion in AI contracts, and bitcoin miner stocks rallied with it
IREN closed up 19.6% after announcing $2.8 billion in new AI cloud contracts. Hut 8 and CleanSpark had data center lease news of their own, while CIFR, SLNH and KEEL rallied in sympathy. The fuel: Moonshot AI is turning away paying Kimi K3 subscribers because it ran out of GPU capacity.
Frequently asked questions
When does SLNH report earnings?
Soluna Holdings, Inc (SLNH) is scheduled to report quarterly results on November 12, 2026 (estimated). The 1-analyst consensus is -$0.06 per share on revenue of $18.1M for the quarter ended September 30, 2026, against -$0.42 and $8.4M a year earlier. The date is an estimate from past reporting patterns and can move until the company confirms it.
What do analysts expect for SLNH?
2 analysts cover Soluna Holdings, Inc (SLNH). The consensus rating is Strong buy. The average price target is $3.00, in a range of $2.00 to $4.00.
Are insiders buying or selling SLNH?
We track Form 4 filings for Soluna Holdings, Inc (SLNH). The activity listed on this page shows 4 open-market purchases and 5 qualifying sales. Each row is labelled Routine when the filer declared a pre-arranged 10b5-1 plan, Tax withholding when shares were sold automatically to cover the tax on a vest, or Own call when neither applies.
Where can I see SLNH SEC filings?
Recent filings are listed on this page, newest first. The latest is an 8-K filed October 21, 2026.