Greenidge Generation (GREE) Stock Price, News & Analysis

Company Overview

Greenidge Generation Holdings Inc. is an energy and digital asset company that operates a natural gas–fired power plant alongside an on-site Bitcoin mining facility. The company’s primary business activities include generating electricity for the New York power grid and leveraging that generation capacity to support high-performance cryptocurrency mining. Through these complementary operations, Greenidge seeks to optimize power utilization while capitalizing on growing demand for digital assets.

The company’s core power generation assets are located in Dresden, New York, where it repurposed a former coal-fired plant under Atlas Holdings’ ownership and converted it to a combined-cycle natural gas facility. This plant generates enough electricity to both supply wholesale power markets in the northeastern United States and provide dedicated, low-cost energy to its integrated mining center. Greenidge emphasizes operational efficiency and seeks to maintain competitive heat rates and emissions controls in compliance with state and federal environmental standards.

Greenidge’s digital asset segment features a purpose-built data center that houses thousands of proprietary Bitcoin mining servers. By colocating mining equipment at its generation site, the company is able to capture value across the power generation and crypto-mining value chains. Greenidge has pursued initiatives to enhance sustainability, including investments in energy-efficient mining hardware and exploring opportunities to incorporate renewable energy credits into its operations.

Founded around the original Dresden plant, Greenidge Generation relaunched power production in 2017 and completed a business combination to become a publicly traded company in 2021. Its leadership team is headed by Chief Executive Officer Jeffrey Kirt, with Todd Davis serving as executive chairman. Together, this management group focuses on balancing energy market dynamics with the technical demands of large-scale digital asset mining.

Key Stats

• Today's Range: $1.81 to $1.91
• 50-Day Range: $1.36 to $2.94
• 52-Week Range: $1.00 to $3.36
• Volume: 142,977 shs
• Average Volume: 1.15 million shs
• Market Capitalization: $31.02 million
• P/E Ratio: 4.84
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

Greenidge Generation Stock Analysis - MarketRank™

Greenidge Generation scored higher than 12% of companies evaluated by MarketBeat, and ranked 561st out of 603 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.7 / 5
• Analyst Rating: Sell

Consensus Rating

Greenidge Generation has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Greenidge Generation has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Greenidge Generation is 4.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of Greenidge Generation is 4.84, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 75.51.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.26% 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 1.14, 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 9.24%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Greenidge Generation does not currently pay a dividend.

Dividend Growth

Greenidge Generation does not have a long track record of dividend growth.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Greenidge Generation insiders have not sold or bought any company stock.

Percentage Held by Insiders

28.40% 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

8.50% of the stock of Greenidge Generation is held by institutions.

Company Calendar

• Last Earnings: 8/13/2025
• Today: 8/15/2026
• Next Earnings (Estimated): 8/19/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:GREE
• CIK: 1844971
• Web: www.greenidge.com
• Phone: (315) 536-2359
• Fax: N/A
• Employees: 680
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $0.38
• Trailing P/E Ratio: 4.84
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $5.29 million
• Net Margins: 10.38%
• Pretax Margin: 9.60%
• Return on Equity: -12.10%
• Return on Assets: 12.35%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.50
• Quick Ratio: 0.50

Sales & Book Value

• Annual Sales: $60.37 million
• Price / Sales: 0.51
• Cash Flow: $0.67 per share
• Price / Cash Flow: 2.74
• Book Value: ($2.93) per share
• Price / Book: -0.63

Miscellaneous

• Outstanding Shares: 16,858,000
• Free Float: 12,070,000
• Market Cap: $31.02 million
• Optionable: No Data
• Beta: 3.02