Maxim Group Predicts Solana’s Q3 Earnings (NASDAQ:HSDT)

Solana Company (NASDAQ:HSDT) – Research analysts at Maxim Group issued their Q3 2026 EPS estimates for shares of Solana in a report released on Tuesday, November 10th. Maxim Group analyst M. Galinko expects that the company will post earnings per share of ($0.04) for the quarter. The consensus estimate for Solana’s current full-year earnings is ($0.25) per share.

Solana (NASDAQ:HSDT) last posted its earnings results on Wednesday, November 11th. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $1.18. The business had revenue of $3.36 million during the quarter, compared to the consensus estimate of $2.85 million. Solana had a negative return on equity of 41.86% and a negative net margin of 1,302.78%.

Other research analysts have also issued reports about the stock. Wall Street Zen lowered shares of Solana from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Solana in a research note on Thursday, October 15th. Finally, B. Riley Financial raised their price target on Solana from $3.50 to $4.00 and gave the stock a “buy” rating in a report on Tuesday, September 22nd. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $4.00.

Solana Price Performance

HSDT stock opened at $1.86 on Thursday. The company has a market cap of $112.97 million, a price-to-earnings ratio of -0.06 and a beta of 1.10. The company has a fifty day moving average price of $2.37 and a 200 day moving average price of $2.06. Solana has a 12 month low of $1.19 and a 12 month high of $5.46.

Hedge Funds Weigh In On Solana

An institutional investor recently bought a new stake in Solana stock. Saba Capital Management L.P. acquired a new position in Solana Company (NASDAQ:HSDT) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 65,210 shares of the company’s stock, valued at approximately $113,000. Saba Capital Management L.P. owned approximately 0.12% of Solana as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 18.63% of the company’s stock.

Key Stories Impacting Solana

Here are a few of the latest stories about HSDT:

• Positive Sentiment: The company reported $105.2 million in Q3 net income, or $1.17 diluted EPS, versus a substantial loss a year earlier. The reported profit exceeded the cited consensus, though it was boosted heavily by a $102.7 million unrealized gain on digital assets. MarketBeat earnings report
• Positive Sentiment: The company said it raised about $15 million through a registered direct offering priced 5% above net asset value per share, using proceeds to buy roughly 125,000 SOL. It also repurchased about $2.8 million of shares during the quarter.
• Negative Sentiment: Cash and cash equivalents were only $1.1 million at quarter-end, down from $7.3 million at year-end 2025. The company’s large SOL exposure also leaves results vulnerable to crypto-market swings.

About Solana

Solana is a digital asset company focused on building a treasury centered on Solana’s native cryptocurrency, SOL. Its activities include acquiring and holding SOL and developing strategies intended to provide investors with exposure to the Solana blockchain ecosystem through a publicly traded company. The company is associated with the Solana network, a blockchain platform designed to support decentralized applications, digital assets and smart contracts. Its business may also include participating in the broader Solana ecosystem and pursuing opportunities related to blockchain infrastructure and digital asset growth.