Greenidge Generation Holdings Inc. (GREE)

Market Cap	26.04M
Revenue (ttm)	64.38M
Net Income (ttm)	-12.94M
Shares Out	10.94M
EPS (ttm)	-1.37
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,444,833
Open	2.640
Previous Close	2.620
Day's Range	2.360 - 2.640
52-Week Range	1.620 - 9.260
Beta	3.20
Analysts	Strong Buy
Price Target	4.00 (+68.07%)
Earnings Date	Nov 7, 2024

About GREE

Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenter in New York, as well as hosts, powers, and provides technical support and other related services to bitcoin mining equipment owned by customers. It also owns and operates a 106 MW nameplate capacity power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut.

• Industry: Capital Markets
• Sector: Financials
• Founded: 1937
• Employees: 40
• Stock Exchange: NASDAQ
• Ticker Symbol: GREE
• Website: https://greenidge.com

Financial Performance

In 2023, GREE's revenue was $70.39 million, a decrease of -21.77% compared to the previous year's $89.98 million. Losses were -$29.51 million, -89.11% less than in 2022.

Analyst Forecast

According to one analyst, the rating for GREE stock is "Strong Buy" and the 12-month stock price forecast is $4.0.

Price Target

$4.0

(68.07% upside)

Analyst Consensus: Strong Buy