Soluna Holdings Completes Phase 3 of Project Dorothy

The latest update is out from Soluna Holdings ( (SLNH) ).

On November 6, 2025, Soluna Holdings announced significant updates in their operations, including the completion of Phase 3 of Project Dorothy 2 and the initiation of AI development at Project Kati-2. The company also expanded its board and highlighted partnerships and media features that enhance its renewable computing initiatives. These developments are expected to strengthen Soluna’s position in the green data center industry, with implications for stakeholders in terms of increased operational capacity and strategic growth.

The most recent analyst rating on (SLNH) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Soluna Holdings stock, see the SLNH Stock Forecast page.

Spark’s Take on SLNH Stock

According to Spark, TipRanks’ AI Analyst, SLNH is a Neutral.

Soluna Holdings’ overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, persistent losses, and high leverage. While technical analysis shows some positive momentum, the negative valuation metrics further weigh down the score. The absence of earnings call data and corporate events means these factors do not influence the score.

To see Spark’s full report on SLNH stock, click here.

More about Soluna Holdings

Soluna Holdings, Inc. is a company focused on transforming surplus renewable energy into global computing resources. It designs, develops, and operates digital infrastructure for high-performance computing applications such as Bitcoin mining and AI. Soluna’s data centers are co-located with renewable energy sources like wind, solar, or hydroelectric power plants, and it uses proprietary software to enhance grid efficiency while providing sustainable computing solutions.

Average Trading Volume: 14,392,535

Technical Sentiment Signal: Hold

Current Market Cap: $206.8M

Learn more about SLNH stock on TipRanks’ Stock Analysis page.