Stifel initiated coverage on Greenidge Generation with a new price target
$GREE
Finance: Consumer Services
Finance
Stifel initiated coverage of Greenidge Generation with a rating of Hold and set a new price target of $10.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/25/2022 | $10.00 | Hold | Stifel |
| 9/29/2021 | $78.00 | Buy | B. Riley Securities |
Highlights Recent Board Refreshment and Appointments of Kenneth Fearn and Christopher Krug as Independent Directors Notes Recent Purchase of New Mississippi Site and Progress Toward Closing on Sale of South Carolina Property Continues to Explore Various Options to Grow Mining Operations Amid Surging Institutional and Sovereign Demand for Bitcoin Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge" or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced financial and operating results for the first quarter ended March 31, 2025 and provided an update on the Company's growth prospects. First Quarter 2025 Financial Results:
Kenneth Fearn and Christopher Krug to Join Board as Independent Directors, Bringing Proven Public Company Track Records David Anderson and Daniel Rothaupt to Retire from Board in Alignment with Ongoing Board Refreshment Timothy Fazio Elected as Chairman of the Board Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge" or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced the appointment of Kenneth Fearn and Christopher Krug to its Board of Directors (the "Board") as independent directors, effective April 17, 2025. Both Mr. Fearn and Mr. Krug bring robust financial experience and expertise to the Board. Mr. Fearn is an
Improvement on All Operational Metrics from Q3 2024 Reduced SG&A Expenses by $8.9 million in 2024 Seeking to Acquire Over 200MW of Energy Assets and Significantly Reduce Debt in 2025 to Implement Growth Strategies Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge" or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, announced financial and operating results for the fourth quarter and fiscal year ended December 31, 2024 and provided an update on the Company's growth prospects. Fourth Quarter 2024 Preliminary Financial Results: Total revenue of $14.8 million, an improvement of $2.4 million from Q3 2024; Net loss from continuing
Stifel initiated coverage of Greenidge Generation with a rating of Hold and set a new price target of $10.00
B. Riley Securities initiated coverage of Greenidge Generation with a rating of Buy and set a new price target of $78.00
SC 13D - Greenidge Generation Holdings Inc. (0001844971) (Subject)
SC 13G - Greenidge Generation Holdings Inc. (0001844971) (Subject)
Kenneth Fearn and Christopher Krug to Join Board as Independent Directors, Bringing Proven Public Company Track Records David Anderson and Daniel Rothaupt to Retire from Board in Alignment with Ongoing Board Refreshment Timothy Fazio Elected as Chairman of the Board Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge" or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced the appointment of Kenneth Fearn and Christopher Krug to its Board of Directors (the "Board") as independent directors, effective April 17, 2025. Both Mr. Fearn and Mr. Krug bring robust financial experience and expertise to the Board. Mr. Fearn is an
Jordan Kovler Appointed Chief Executive Officer David Anderson to Transition to Chairman of the Board of Directors Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge" or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that Jordan Kovler has been appointed to replace David Anderson as Greenidge's Chief Executive Officer. Mr. Anderson will remain on the Company's Board of Directors (the "Board") and will become Chairman of the Board, replacing Timothy Fazio in that role, who will remain on the Company's Board as a director. All of the executive transitions, which have been approved by the Board, are effective as of
FAIRFIELD, Conn., March 27, 2023 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, has appointed Jordan Kovler, a seasoned leader in investor relations and corporate governance with two decades of leadership at advisory firms, to its Board of Directors, effective March 22, 2023. Throughout his career, Mr. Kovler has designed and implemented solutions to special corporate situations, consulting on contested board elections, mergers and acquisitions, investor relations, and corporate governance and communications practices. In 2016, he co-founded a consulting and proxy solicitation fir
8-K - Greenidge Generation Holdings Inc. (0001844971) (Filer)
10-Q - Greenidge Generation Holdings Inc. (0001844971) (Filer)
8-K - Greenidge Generation Holdings Inc. (0001844971) (Filer)
4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)
4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)
4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)
4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)
4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)
4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)
HOUSTON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Data Journey LLC, a leading woman and minority-owned data center provider, is proud to announce the acquisition of its third property, the Spartanburg site, from Greenidge Generation Holdings Inc. (NASDAQ:GREE) for $12.1 million. The purchase is a significant milestone for Data Journey as it marks their entry into the South Carolina market and supports the company's aggressive growth trajectory. Under the leadership of CEO and Founder Dr. Ishnella Kaur Azad, Data Journey is focused on building a more inclusive, sustainable, and scalable future for the data center industry. As the first woman and minority-owned company in this sector, Data Jou
Results Include Q4 Net Income of $2.7 million, Adjusted EBITDA of $3.6 million and Earnings Per Share of $0.36 Ongoing Transformation and Growth of Business Continues with Recent Expansion Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, announced financial and operating results for the fourth quarter and fiscal year ended December 31, 2023 and provided an update on the actions the Company has taken to continue the transformation of the business. Fourth Quarter 2023 Financial Results: Total revenue of $19.6 million; Net income from continuing operations of $2.7 million, above guidance
Company Reschedules Fourth Quarter and Full-Year 2023 Earnings Release and Conference Call Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that its financial results for the fourth quarter of 2023 will meet or exceed the preliminary results that Greenidge previously announced on February 1, 2024. Greenidge also announced that it has postponed the release of its financial results and conference call for the fourth quarter and full-year 2023, which were previously scheduled for March 27, 2024, to April 9, 2024. Greenidge requires additional time to complete its annual audit proc