Vulcan Infrastructure and Power Inc. (VIP) AI Stock Analysis

Vulcan Infrastructure and Power Inc., formerly known as Greenidge Generation Holdings Inc., operates as an integrated cryptocurrency datacenter and power generation company in the United States. Founded in 1937 and based in Pittsford, New York, the company owns and operates a 106MW power facility and cryptocurrency datacenter in New York. It also hosts, powers, and provides technical support and related services to bitcoin mining equipment. Across operational sites in New York and North Dakota, the business maintains 111.5MW of active self-mining, hosting, and power generation capacity with 32 employees.

Between FY2021 and FY2025, revenue contracted at a 4-year compound annual rate of 11.8%, dropping from $97.3M to $58.8M. Annual net income recovered from -$44.5M in FY2021 and -$271.1M in FY2022 to $5.3M in FY2025, producing a net margin of 9.0% and eps of $0.27. Gross margin narrowed from 70.8% in FY2021 to 15.3% in FY2025, while operating margin remained negative at -26.6%. For the trailing twelve months ended June 30, 2026, revenue stood at $50.9M with an operating margin of -289.6%, as quarterly revenue fell 73.7% year-over-year.

As of June 30, 2026, the company held $3.2M in cash and short-term investments against total debt of $39.6M, resulting in net debt of $36.4M. Working capital is constrained, indicated by a current ratio of 0.41 and negative shareholders' equity of -$57.5M against total assets of $39.3M. In FY2025, operating cash flow was -$15.0M and free cash flow was -$17.5M, with capital expenditures of $2.5M. The company also increased its share count by 369.1% over a 5-year period.

At a share price of $1.30 on October 16, 2026, VIP carries a market capitalization of $46.3M and an enterprise value of $68.4M. Its trailing price-to-earnings ratio of 21.7x sits above the peer median of 12.1x for US-listed Financial Services peers. VIP trades at an enterprise value to EBITDA ratio of 6.7x, below the peer median of 11.7x, and a price-to-sales ratio of 0.9x. Over the past 12 months, the stock fell 27.8% while the S&P 500 rose 16.8%, and VIP has a 5-year return of -99.5% versus 83.0% for the S&P 500.

Wall Street analysts hold a mean price target of $4.00, which represents an upside of 207.7% from the October 16, 2026 closing price of $1.30. For the trailing twelve months ended June 30, 2026, trailing EPS was $0.06 following FY2025 diluted EPS of $0.27. VIP is scheduled to report its next quarterly financial results on November 12, 2026.

This page is an AI-written research summary of Vulcan Infrastructure and Power Inc. (VIP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: VIP income statement, VIP balance sheet, VIP key metrics, VIP chart. See the VIP stock overview for the latest quote and news.