Contrasting Blackbaud (NASDAQ:BLKB) & Greenidge Generation (NASDAQ:GREE)

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

Analyst Ratings

This is a summary of recent ratings for Blackbaud and Greenidge Generation, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Blackbaud	0	3	2	0	2.40
Greenidge Generation	1	0	0	0	1.00

Blackbaud currently has a consensus target price of $52.00, suggesting a potential downside of 4.36%. Given Blackbaud’s stronger consensus rating and higher possible upside, analysts plainly believe Blackbaud is more favorable than Greenidge Generation.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Blackbaud	12.87%	209.40%	6.97%
Greenidge Generation	10.38%	-12.10%	12.35%

Risk and Volatility

Blackbaud has a beta of 1.02, meaning that its stock price is 2% more volatile than the S&P 500. Comparatively, Greenidge Generation has a beta of 3.02, meaning that its stock price is 202% more volatile than the S&P 500.

Insider and Institutional Ownership

94.2% of Blackbaud shares are owned by institutional investors. Comparatively, 8.5% of Greenidge Generation shares are owned by institutional investors. 2.0% of Blackbaud shares are owned by company insiders. Comparatively, 28.4% of Greenidge Generation shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Blackbaud and Greenidge Generation”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Blackbaud	$1.13 billion	2.17	$114.97 million	$3.24	16.78
Greenidge Generation	$60.37 million	0.28	$5.29 million	$0.38	2.68

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

Summary

Blackbaud beats Greenidge Generation on 11 of the 14 factors compared between the two stocks.

About Blackbaud

Blackbaud, Inc. develops cloud software and related services for organizations focused on social good. Its customers include nonprofit organizations, foundations, schools and universities, healthcare organizations, and businesses that support charitable causes. The company’s products help customers manage fundraising, donor and constituent relationships, financial operations, marketing, grantmaking, and education administration. Its offerings include tools for online fundraising, payment processing, data analysis, and engagement with supporters, students, and other stakeholders.

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.