Greenidge Generation Holdings, Inc. (GREE)

NASDAQ: GREE · IEX Real-Time Price · USD
2.07
-0.09 (-4.17%)
Sep 28, 2022 4:00 PM EDT - Market closed
-4.17%
Market Cap 86.77M
Revenue (ttm) 149.03M
Net Income (ttm) -157.59M
Shares Out 41.92M
EPS (ttm) -1.31
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 390,034
Open 2.14
Previous Close 2.16
Day's Range 2.01 - 2.20
52-Week Range 1.87 - 32.50
Beta n/a
Analysts Buy
Price Target 5.27 (+154.6%)
Earnings Date Aug 15, 2022

About GREE

Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut. [Read more...]

Industry Capital Markets
Founded 1937
Employees 467
Stock Exchange NASDAQ
Ticker Symbol GREE
Full Company Profile

Financial Performance

In 2021, GREE's revenue was $107.28 million, an increase of 433.34% compared to the previous year's $20.11 million. Losses were -$44.48 million, 1,252.0% more than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for GREE stock is "Buy." The 12-month stock price forecast is 5.27, which is an increase of 154.59% from the latest price.

Price Target
$5.27
(154.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Greenidge Generation Provides August 2022 Operational Update

September 12, 2022 August 2022 Operational Update Produced approximately 301 bitcoin in August 2022, and 1,771 bitcoin for the eight months ended August 31, 2022. Hashrate capacity of approximately 2.4 ...

2 weeks ago - PRNewsWire

Greenidge Generation Announces Date for Release of Second Quarter 2022 Results, Provides Details for Management Prese...

Fairfield, Conn. , Aug. 5, 2022 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, expects t...

1 month ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Greenidge Generation Holdings Inc...

NEW YORK , Aug. 1, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Greenidge Generation Holdings Inc. ("Greenidge" or the "Company") (NASDAQ: GREE).  Such investors...

1 month ago - PRNewsWire

7 Meme Stocks Trading at a Massive Discount Right Now

'Meme mania' has long since passed, but there may be an opportunity with these seven meme stocks trading at a discount right now. The post 7 Meme Stocks Trading at a Massive Discount Right Now appeared ...

Other symbols: CLFEXPRHOODNOKSAVASNDL
2 months ago - InvestorPlace

Greenidge Generation Provides June 2022 Operational Update

June 2022 Operational Update Produced approximately 230 bitcoin in June 2022 and 1,183 bitcoin for the six months ended June 30, 2022. Hashrate capacity of approximately 2.5 EH/s from approximately 27,5...

2 months ago - PRNewsWire

INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Greenidge Generation Holdings Inc. with Losses of...

Los Angeles, California--(Newsfile Corp. - July 8, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Greenid...

2 months ago - Newsfile Corp

Greenidge Generation's Operations in New York to Continue Following NYSDEC Decision

Facility Operations In New York Will Continue Uninterrupted During Extended Judicial Review Process State's Decision Ignores Greenidge Offer to Dramatically Reduce GHG Emissions While Preserving Jobs in...

2 months ago - PRNewsWire

Thomas A. Champion Joins Greenidge Generation as VP of Investor Relations and Business Development

FAIRFIELD, Conn. , June 21, 2022 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge") today announced that Thomas A.

3 months ago - PRNewsWire

Crypto Crash Extends to Wall Street. These Are the Hardest-Hit Crypto Stocks.

The crypto crash is showing itself on the traditional stock market, with crypto stocks seeing much tumult to open the week. The post Crypto Crash Extends to Wall Street.

3 months ago - InvestorPlace

Greenidge Generation Provides May 2022 Operational Update

May 2022 Operational Update Produced approximately 195 bitcoin in May 2022 Approximate 1.7 EH/s of mining capacity from approximately 20,400 miners as of May 31, 2022 25% of hash rate capacity located a...

3 months ago - PRNewsWire

Greenidge Generation Reports First Quarter 2022 Results and Provides April 2022 Operational Update

First Quarter 2022 Highlights Results in line with guidance provided on April 21, 2022 Total Revenue increased to $37.7 million, up 240% year-over-year Cryptocurrency datacenter revenue increased to $23...

4 months ago - PRNewsWire

Greenidge Generation Announces Selected Preliminary Financial and Operating Results for First Quarter 2022

First Quarter 2022 Highlights Expects Revenue of approximately $38 million for the quarter Expects GAAP net income (loss) in a range of approximately $(2) million to breakeven for the quarter Expects Ad...

5 months ago - PRNewsWire

Dear GREE Stock Fans, Mark Your Calendars for June 30

Today, investors in Greenidge Generation Holdings and GREE Stock seem to like more than the company's earnings. The stock is up more than 30%.

5 months ago - InvestorPlace

Greenidge Generation Reports Fourth Quarter and Full Year 2021 Results and Provides First Quarter 2022 Update

Fourth Quarter 2021 Highlights Total revenue increased to $44.3 million, up 617% year-over-year Cryptocurrency datacenter revenue increased to $33.7 million, up 676% year-over-year GAAP net loss was $41...

5 months ago - PRNewsWire

Greenidge Generation Closes Over $100 Million in New Financings to Fund Expansion Outside of New York

FAIRFIELD, Conn. , March 24, 2022 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge") today announced it has closed two financings for approximately $108 million in gross pro...

6 months ago - PRNewsWire

GREENIDGE ALERT: Bragar Eagel & Squire, P.C. is Investigating Greenidge Generation Holdings Inc. on Behalf of Greenid...

NEW YORK--(BUSINESS WIRE)-- #Generation--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Greenidge Generation Holdings Inc. (“...

7 months ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Greenidge Generation Hol...

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Greenidge Generatio...

7 months ago - Business Wire

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Greenidge Generation Holdings Inc. (GREE; GREEL) Investig...

NEW YORK--(BUSINESS WIRE)--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Greenidge Generation Holdings Inc. (“Greenidge” or the “...

7 months ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Greenidge Generation Holdings Inc. (GREE) o...

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Greenidge Generation Holdings Inc. (“Greenidge” or the “Company”) (NASDAQ: GREE) investors concerni...

7 months ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Greenidge Generation Holdings Inc. (GREE) on Behalf of In...

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Greenidge Generation Holdings Inc. (“Greenidge ” or the “Company”) (NASDAQ: GREE) on behalf of investors conc...

7 months ago - Business Wire

Greenidge Generation Announces Selected Preliminary Operating Results for Fourth Quarter and Full Year 2021

FAIRFIELD, Conn., Feb. 2, 2022 /PRNewswire/ -- Fourth Quarter Highlights: Expects Fourth Quarter Revenue of approximately $44 million Expects GAAP Net Loss of $(51) to $(41) million, including a noncash...

7 months ago - PRNewsWire

Greenidge Generation Establishing Operations in Spartanburg County, SC

FAIRFIELD, Conn., Jan. 25, 2022 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge"), a vertically integrated cryptocurrency mining and power generation company committed to 1...

8 months ago - PRNewsWire

Greenidge Generation Reports Production and Mining Results for December 2021

FAIRFIELD, Conn., Jan. 7, 2022 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge") today announced bitcoin ("BTC") production and mining capacity for December 2021.

8 months ago - PRNewsWire

Terence Burke Joins Greenidge Generation As General Counsel

FAIRFIELD, Conn., Jan. 7, 2022 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge") today announced that Terence Burke has joined the company as General Counsel.

8 months ago - PRNewsWire

GREENIDGE GENERATION COMPLETES PURCHASE OF PREVIOUSLY ANNOUNCED SOUTH CAROLINA SITE

SPARTANBURG, S.C., Dec. 23, 2021 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge") today announced that it completed the previously announced purchase of a former industria...

9 months ago - PRNewsWire