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Greenidge Generation Holdings NasdaqGS:GREE Stock Report

Last Price

US$1.79

Market Cap

US$20.5m

7D

8.5%

1Y

-71.7%

Updated

05 Jan, 2025

Data

Company Financials +

Greenidge Generation Holdings Inc.

NasdaqGS:GREE Stock Report

Market Cap: US$20.5m

GREE Stock Overview

Operates as an integrated cryptocurrency datacenter and power generation company. More details

GREE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Greenidge Generation Holdings Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Greenidge Generation Holdings
Historical stock prices
Current Share PriceUS$1.79
52 Week HighUS$6.75
52 Week LowUS$1.52
Beta3.24
1 Month Change-24.47%
3 Month Change-5.29%
1 Year Change-71.72%
3 Year Change-98.87%
5 Year Changen/a
Change since IPO-99.59%

Recent News & Updates

Greenidge Generation Holdings Inc.'s (NASDAQ:GREE) Low P/S No Reason For Excitement

Dec 21
Greenidge Generation Holdings Inc.'s (NASDAQ:GREE) Low P/S No Reason For Excitement

Recent updates

Greenidge Generation Holdings Inc.'s (NASDAQ:GREE) Low P/S No Reason For Excitement

Dec 21
Greenidge Generation Holdings Inc.'s (NASDAQ:GREE) Low P/S No Reason For Excitement

Greenidge Generation Holdings Inc. (NASDAQ:GREE) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Nov 17
Greenidge Generation Holdings Inc. (NASDAQ:GREE) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Greenidge Generation Holdings Inc. (NASDAQ:GREE) Analysts Are More Bearish Than They Used To Be

Oct 12
Greenidge Generation Holdings Inc. (NASDAQ:GREE) Analysts Are More Bearish Than They Used To Be

Greenidge Generation dips 2.3% on CEO transition and prelim Q3 numbers

Oct 07

Greenidge Generation mines 301 bitcoins in August

Sep 12

Greenidge Grows Bitcoin Miner Count As Price Brakes Profits

Jul 18

Greenidge Generation mines 230 bitcoins in June, a M/M jump of 18%

Jul 11

These Analysts Just Made An Downgrade To Their Greenidge Generation Holdings Inc. (NASDAQ:GREE) EPS Forecasts

Jun 27
These Analysts Just Made An Downgrade To Their Greenidge Generation Holdings Inc. (NASDAQ:GREE) EPS Forecasts

Greenidge Generation: Capacity Increases In The Growing Cryptocurrency Market

Apr 05

Greenidge Generation: A Grossly Undervalued Bitcoin Mining Company

Dec 07

Shareholder Returns

GREEUS SoftwareUS Market
7D8.5%-1.1%-0.2%
1Y-71.7%23.1%25.8%

Return vs Industry: GREE underperformed the US Software industry which returned 22.8% over the past year.

Return vs Market: GREE underperformed the US Market which returned 25.6% over the past year.

Price Volatility

Is GREE's price volatile compared to industry and market?
GREE volatility
GREE Average Weekly Movement14.9%
Software Industry Average Movement7.9%
Market Average Movement6.4%
10% most volatile stocks in US Market18.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: GREE's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: GREE's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
193740Jordan Kovlergreenidge.com

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.

Greenidge Generation Holdings Inc. Fundamentals Summary

How do Greenidge Generation Holdings's earnings and revenue compare to its market cap?
GREE fundamental statistics
Market capUS$20.47m
Earnings (TTM)-US$13.15m
Revenue (TTM)US$64.38m

0.3x

P/S Ratio

-1.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GREE income statement (TTM)
RevenueUS$64.38m
Cost of RevenueUS$45.71m
Gross ProfitUS$18.67m
Other ExpensesUS$31.82m
Earnings-US$13.15m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.15
Gross Margin29.00%
Net Profit Margin-20.42%
Debt/Equity Ratio-119.8%

How did GREE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 04:21
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Greenidge Generation Holdings Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lucas PipesB. Riley Securities, Inc.
Suthan SukumarStifel Canada