Greenidge Generation (GREE) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greenidge Generation in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GREE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GREE, but not buy additional shares or sell existing shares.
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2 Wall Street analysts have issued 1-year price objectives for Greenidge Generation's shares. Their GREE share price forecasts range from $20.00 to $20.00. On average, they expect the company's share price to reach $20.00 in the next year. This suggests a possible upside of 426.3% from the stock's current price.
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Greenidge Generation's stock was trading at $2.8910 at the start of the year. Since then, GREE stock has increased by 31.4% and is now trading at $3.80.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our GREE earnings forecast.

Greenidge Generation Holdings Inc. (NASDAQ:GREE) released its quarterly earnings data on Monday, August, 14th. The company reported ($1.43) EPS for the quarter. The firm earned $14.71 million during the quarter. Greenidge Generation had a negative net margin of 240.53% and a negative trailing twelve-month return on equity of 246.82%.

Valkyrie Bitcoin Miners ETF holds 37,335 shares of GREE stock, representing 0.98% of its portfolio.

Greenidge Generation's stock reverse split before market open on Tuesday, May 16th 2023. The 1-10 reverse split was announced on Tuesday, May 16th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Greenidge Generation trades on the NASDAQ under the ticker symbol "GREE."

Greenidge Generation's stock is owned by a variety of retail and institutional investors. Top institutional investors include Geode Capital Management LLC (0.23%), BlackRock Inc. (0.22%), Two Sigma Securities LLC (0.20%), Y Intercept Hong Kong Ltd (0.17%) and Simplex Trading LLC (0.00%).
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Shares of GREE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GREE stock can currently be purchased for approximately $3.80.

Greenidge Generation (NASDAQ:GREE) has a market capitalization of $27.51 million and generates $89.98 million in revenue each year. The company earns $-271,070,000.00 in net income (profit) each year or ($41.47) on an earnings per share basis.

The company employs 347 workers across the globe.

Greenidge Generation's mailing address is 590 PLANT ROAD, DRESDEN NY, 14441. The official website for the company is www.greenidge.com. The company can be reached via phone at (315) 536-2359 or via email at investorrelations@greenidge.com.