What is Greenidge Generation's stock price target for 2024?

0 Wall Street research analysts have issued 12-month price objectives for Greenidge Generation's shares. Their GREE share price targets range from $20.00 to $20.00. On average, they anticipate the company's stock price to reach $20.00 in the next year. This suggests a possible upside of 273.8% from the stock's current price. View analysts price targets for GREE or view top-rated stocks among Wall Street analysts .

How have GREE shares performed in 2023?

Greenidge Generation's stock was trading at $2.8910 on January 1st, 2023. Since then, GREE stock has increased by 85.1% and is now trading at $5.35. View the best growth stocks for 2023 here .

When is Greenidge Generation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024. View our GREE earnings forecast .

What ETF holds Greenidge Generation's stock ?

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

When did Greenidge Generation's stock split?

Greenidge Generation shares reverse split on the morning of 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.

What guidance has Greenidge Generation issued on next quarter's earnings?

Greenidge Generation issued an update on its third quarter 2023 earnings guidance on Wednesday, October, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $21.00 million-$21.00 million, compared to the consensus revenue estimate of $22.60 million.

Who are Greenidge Generation's major shareholders?

Greenidge Generation's stock is owned by many different retail and institutional investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Atlas Capital Resources Gp Llc and Jordan Kovler. View institutional ownership trends .

How do I buy shares of Greenidge Generation?

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. Compare Top Brokerages Here .

Positive News SentimentPositive News

Greenidge Generation Stock Price, News & Analysis (NASDAQ:GREE)

$5.35

+0.57 (+11.92%)

(As of 12/1/2023 ET)

Compare

Today's Range: $4.76
▼
$5.40
50-Day Range: $3.73
▼
$6.23
52-Week Range: $1.55
▼
$13.90

Volume: 474,838 shs
Average Volume: 415,317 shs
Market Capitalization: $38.73 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $20.00

Greenidge Generation MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 273.8% Upside
$20.00 Price Target
Short Interest: Healthy
4.16% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$26,050 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.73 out of 5 stars

Finance Sector

714th out of 850 stocks

Nondepository Credit Institutions Industry

28th out of 42 stocks

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $20.00, Greenidge Generation has a forecasted upside of 273.8% from its current price of $5.35.
Amount of Analyst Coverage
Greenidge Generation has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.16% of the float of Greenidge Generation has been sold short.
Short Interest Ratio / Days to Cover
Greenidge Generation has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Greenidge Generation has recently increased by 27.53%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Greenidge Generation does not currently pay a dividend.
Dividend Growth
Greenidge Generation does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GREE.

3.3

News and Social Media Coverage

News Sentiment
Greenidge Generation has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Greenidge Generation this week, compared to 1 article on an average week.
Search Interest
6 people have searched for GREE on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Greenidge Generation to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Greenidge Generation insiders have bought more of their company's stock than they have sold. Specifically, they have bought $26,050.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
40.50% of the stock of Greenidge Generation is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 3.05% of the stock of Greenidge Generation is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Greenidge Generation is -0.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Greenidge Generation is -0.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Greenidge Generation Stock (NASDAQ: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 nameplate natural gas power generation facility. The company was founded in 1937 and is headquartered in Dresden, New York.

GREE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GREE Stock News Headlines

November 21, 2023 | benzinga.com

Greenidge Generation Hldg Chief Executive Officer Awarded $484K Worth of Stock Options

November 20, 2023 | msn.com

Greenidge Generation named Jordan Kovler as new CEO

December 2, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 16, 2023 | finance.yahoo.com

Greenidge Announces Leadership Transition

November 16, 2023 | finanznachrichten.de

Greenidge Generation Holdings Inc.: Greenidge Generation Reports Third Quarter 2023

November 15, 2023 | finance.yahoo.com

Greenidge Substantially Improves Liquidity Profile Following Sale and Deleveraging Transaction

November 14, 2023 | msn.com

Greenidge Generation Holdings reports Q3 results

November 14, 2023 | finance.yahoo.com

Greenidge Generation Reports Third Quarter 2023

December 2, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 13, 2023 | msn.com

Axos Financial, B. Riley Financial, Greenidge Generation among financials losers

October 25, 2023 | finanznachrichten.de

Greenidge Generation Holdings Inc.: Greenidge Generation Announces Selected Preliminary Financial and Operating Results for the Third Quarter 2023

October 25, 2023 | finance.yahoo.com

Greenidge Generation Announces Selected Preliminary Financial and Operating Results for the Third Quarter 2023

October 24, 2023 | benzinga.com

September 26, 2023 | tmcnet.com

Investors Double-Down on RealDefense with Additional Financing To Accelerate Corporate Acquisitions and Strengthen Balance Sheet

August 24, 2023 | news.yahoo.com

Cryptomining offers opportunity to rebuild upstate NY economies

August 14, 2023 | finance.yahoo.com

Greenidge Completes Expansion of South Carolina Mining Facility to 44 MW

July 26, 2023 | seekingalpha.com

GREEL Greenidge Generation Holdings Inc. CAL NT 26

July 10, 2023 | seekingalpha.com

UWM, Greenidge Generation among financials gainers; SelectQuote in losers

July 10, 2023 | benzinga.com

Thinking about buying stock in Near Intelligence, Kineta, Greenidge Generation, FMC, or Decibel Therapeutics?

July 6, 2023 | msn.com

Greenidge Generation Holdings Inc - (GREE) Price Target Decreased by 46.67% to 20.40

June 29, 2023 | msn.com

Protesters slam New York crypto-mining facility a year after firm denied permit

June 21, 2023 | benzinga.com

Greenidge Generation Holdings Shares Resume Trading; Up 22%

June 21, 2023 | msn.com

Why Bitcoin- And Ethereum-Related Stock Greenidge Generation (GREE) Is Exploding Higher

June 15, 2023 | benzinga.com

Thinking about buying stock in Lucid Group, Greenidge Generation Holdings, Mullen Automotive, Bone Biologics, or Tingo Group?

May 23, 2023 | markets.businessinsider.com

The Bitcoin Mining Debate Is Ignoring the People Most Affected

May 23, 2023 | finance.yahoo.com

Bitcoin Mining Controversy and the Case of Greenidge Generation

May 16, 2023 | finanznachrichten.de

Greenidge Generation Holdings Inc.: Greenidge Generation's 1-for-10 Reverse Stock Split Will Become Effective

See More Headlines

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Company Calendar

Today: 12/02/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/29/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Nondepository credit institutions
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:GREE
CUSIP: N/A
CIK: 1844971
Web: www.greenidge.com
Phone: (315) 536-2359
Fax: N/A
Employees: 347
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $20.00
High Stock Price Target: $20.00
Low Stock Price Target: $20.00
Potential Upside/Downside: +273.8%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($37.93)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-271,070,000.00
Net Margins: -257.70%
Pretax Margin: -249.91%
Return on Equity: -246.82%
Return on Assets: -47.22%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.62
Quick Ratio: 0.62

Sales & Book Value

Annual Sales: $89.98 million
Price / Sales: 0.43
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($9.01) per share
Price / Book: -0.59

Miscellaneous

Outstanding Shares: 7,240,000
Free Float: 4,306,000
Market Cap: $38.73 million
Optionable: Optionable
Beta: 3.68

12 Stocks Corporate Insiders are Abandoning

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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Key Executives

Mr. Dale Irwin (Age 52)
President
Comp: $745.57k
Mr. Christian Mulvihill (Age 32)
Chief Financial Officer
Mr. Dustin Beaudry
Chief Technology Officer
Mr. Timothy Rainey (Age 36)
Treasurer
Comp: $479.17k

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

GREE Stock Analysis - Frequently Asked Questions

What is Greenidge Generation's stock price target for 2024?: 0 Wall Street research analysts have issued 12-month price objectives for Greenidge Generation's shares. Their GREE share price targets range from $20.00 to $20.00. On average, they anticipate the company's stock price to reach $20.00 in the next year. This suggests a possible upside of 273.8% from the stock's current price.
View analysts price targets for GREE or view top-rated stocks among Wall Street analysts.
How have GREE shares performed in 2023?: Greenidge Generation's stock was trading at $2.8910 on January 1st, 2023. Since then, GREE stock has increased by 85.1% and is now trading at $5.35.
View the best growth stocks for 2023 here.
When is Greenidge Generation's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024.
View our GREE earnings forecast.
What ETF holds Greenidge Generation's stock ?: Valkyrie Bitcoin Miners ETF holds 37,335 shares of GREE stock, representing 0.98% of its portfolio.

When did Greenidge Generation's stock split?: Greenidge Generation shares reverse split on the morning of 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.
What guidance has Greenidge Generation issued on next quarter's earnings?: Greenidge Generation issued an update on its third quarter 2023 earnings guidance on Wednesday, October, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $21.00 million-$21.00 million, compared to the consensus revenue estimate of $22.60 million.
Who are Greenidge Generation's major shareholders?: Greenidge Generation's stock is owned by many different retail and institutional investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Atlas Capital Resources Gp Llc and Jordan Kovler.
View institutional ownership trends.
How do I buy shares of Greenidge Generation?: 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.
Compare Top Brokerages Here.

This page (NASDAQ:GREE) was last updated on 12/2/2023 by MarketBeat.com Staff

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