Critical Comparison: Greenidge Generation (NASDAQ:GREE) and MongoDB (NASDAQ:MDB)

Greenidge Generation (NASDAQ:GREE) and MongoDB (NASDAQ:MDB) are both technology companies, but which is the better business? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, profitability, valuation, analyst recommendations and dividends.

Volatility & Risk

Greenidge Generation has a beta of 3.02, indicating that its share price is 202% more volatile than the S&P 500. Comparatively, MongoDB has a beta of 1.74, indicating that its share price is 74% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings for Greenidge Generation and MongoDB, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Greenidge Generation	1	0	0	0	1.00
MongoDB	0	7	30	2	2.87

MongoDB has a consensus target price of $460.59, indicating a potential upside of 37.91%. Given MongoDB’s stronger consensus rating and higher probable upside, analysts clearly believe MongoDB is more favorable than Greenidge Generation.

Profitability

This table compares Greenidge Generation and MongoDB’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Greenidge Generation	10.38%	-12.10%	12.35%
MongoDB	2.12%	1.06%	0.84%

Insider and Institutional Ownership

8.5% of Greenidge Generation shares are owned by institutional investors. Comparatively, 89.3% of MongoDB shares are owned by institutional investors. 28.4% of Greenidge Generation shares are owned by company insiders. Comparatively, 2.6% of MongoDB shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares Greenidge Generation and MongoDB”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Greenidge Generation	$60.37 million	0.26	$5.29 million	$0.38	2.47
MongoDB	$2.46 billion	10.92	-$71.15 million	$0.71	470.41

Greenidge Generation has higher earnings, but lower revenue than MongoDB. Greenidge Generation is trading at a lower price-to-earnings ratio than MongoDB, indicating that it is currently the more affordable of the two stocks.

Summary

MongoDB beats Greenidge Generation on 10 of the 15 factors compared between the two stocks.

About Greenidge Generation

Greenidge Generation Holdings Inc. is a vertically integrated cryptocurrency mining and power generation company. The company develops and operates data centers that use specialized computing equipment to mine bitcoin, while also owning and operating power-generation assets intended to support its mining activities. Greenidge’s principal operations originated at a former coal-fired power plant in Dresden, New York, which was converted to natural gas generation. The company began bitcoin mining at the site in 2020 and subsequently expanded its digital-asset infrastructure through additional data-center operations and hosting activities.

About MongoDB

MongoDB, Inc. develops database software and related services for businesses and developers. Its core product, MongoDB, is a document database designed to store and manage data in a flexible format for applications across a range of industries and use cases. The company offers MongoDB Atlas, a managed cloud database service available across major cloud platforms, as well as software that customers can deploy in their own environments. MongoDB also provides tools and services for application development, database management, security, and data operations.