May. 13 at 8:25 AM
$SLNH
Important context here...Miletus Research is not an established Wall Street research house. It’s basically a private investor/opinion writer publishing “research-style” content on Seeking Alpha. So I wouldn’t treat that
$3.40 target like a real institutional price target. And honestly, just above
$3 feels like a joke if Soluna actually lands a major AI/HPC deal.
Look at
$DGXX. Their AI data center deal with Cerebras was reported at ~
$1.1B initial value, with potential up to ~
$2.5B, and the stock ripped hard after that announcement. Soluna is sitting on a much bigger pipeline, direct power advantage, owned/controlled energy assets, and active hyperscaler/neocloud discussions. If a billion-dollar AI infrastructure deal lands here, I don’t think the market stops at
$3. I think SLNH could re-rate 5–6x from today’s valuation minimum.
$DGXX showed what the market does when the first major AI contract validates the story.
$SLNH next 😉
