Rosenblatt Starts Buy Coverage on Soluna Holdings

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On September 17, 2026, Rosenblatt initiated coverage of Soluna Holdings (NASDAQCM:SLNH) with a “Buy” recommendation, noting the stock’s latest close at $1.19, up from $1.12 on September 16. Over the past week, the stock experienced a 2.59% gain from a baseline close of $1.16 on September 10; however, it has seen a decline of 10.53% over the past month, down from $1.33 on August 17.

As of September 15, the consensus target mean for SLNH is $4.08, indicating a potential upside of 242.86% from recent trading levels. The company last reported earnings on August 13, posting an EPS of -0.13 compared to an estimated -0.1122 and revenue of $15,060,000, falling short of the expected $16,014,000.

Analyst sentiment remains positive, with a total of 7 recommendations as of September 1, 2026, comprising 2 strong buys, 4 buys, and 1 hold, leading to an overall positive recommendation percentage of 85.7%. This consensus has remained stable since the previous recommendation period on August 1, 2026.

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