Greenland Energy Co (GLND) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq
Greenland Energy Co (GLND) stock forecast summary
Our AI ranks Greenland Energy Co outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Greenland Energy Co is a small-cap company with a market capitalization of $136M. It ranks number 11 by market capitalization among the 11 Drilling Oil & Gas Wells issuers in our coverage with a current forecast. Its Current Ratio of 27.94x is the highest of the 11 peers that report one. Its D/E Ratio of 0.02x is the lowest of the 11 peers that report one.
For GLND, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 54.0%, measured on 48 forecast dates between 2026-05-13 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -36.0%, measured on 91 forecast dates between 2026-05-13 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How GLND ranks among 5184 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Greenland Energy Co (GLND) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Drilling Oil & Gas Wells peers listed below that report each metric.
Valuation & Market
| Metric | GLND | Rank |
|---|---|---|
| Market Cap | $136M | 11/11 |
| P/B Ratio | 2.06x | 2/9 |
| Book Value/Share | $1.51 | – |
Financial Health
| Metric | GLND | Rank |
|---|---|---|
| Current Ratio | 27.94x | 1/11 |
| D/E Ratio | 0.02x | 11/11 |
| Financial Leverage | 1.02x | 11/11 |
| Working Capital | $37M | 10/11 |
Dividend & Shareholder Information
| Metric | GLND | Rank |
|---|---|---|
| Shares Outstanding | 44M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $38M | 56.4% of assets |
| Cash & Short-term Investments | $37M | 55.4% of assets |
| Total Liabilities | $1M | 2.0% of assets |
| Short-term Debt | $0.00M | 0.0% of assets |
GLND quarterly financials and insider trading
Greenland Energy Co (GLND) industry peers
Companies classified under the same SEC industry code as Greenland Energy Co (Drilling Oil & Gas Wells): 11 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| GLND Greenland Energy Co | ▼ | $136M |
| RIG Transocean Ltd. | ▲ | $6.28B |
| VAL Valaris Ltd | ▼ | $5.92B |
| PTEN Patterson Uti Energy Inc | ▼ | $4.39B |
| BTE Baytex Energy Corp. | ▼ | $4.07B |
| HP Helmerich & Payne, Inc. | ▼ | $3.74B |
| SDRL Seadrill Ltd | ▼ | $2.96B |
| BORR Borr Drilling Ltd | ▲ | $1.40B |
| HPK Highpeak Energy, Inc. | ▶ | $1.33B |
| NBR Nabors Industries Ltd | ▶ | $1.25B |
| PDS Precision Drilling Corp | ▶ | $1.11B |
Where GLND sits on the market map
Greenland Energy Co (GLND) stock news
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Greenland Energy Co (GLND) stock forecast FAQ
What is the Greenland Energy Co (GLND) stock forecast?
Our AI ranks Greenland Energy Co outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Greenland Energy Co stock predictions?
For GLND, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 54.0%, measured on 48 forecast dates between 2026-05-13 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -36.0%, measured on 91 forecast dates between 2026-05-13 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Greenland Energy Co forecasts updated?
Greenland Energy Co forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Greenland Energy Co's industry peers?
11 issuers in our coverage, GLND included, share the SEC industry code Drilling Oil & Gas Wells. The largest are: Transocean Ltd. (RIG), Valaris Ltd (VAL), Patterson Uti Energy Inc (PTEN), Baytex Energy Corp. (BTE), Helmerich & Payne, Inc. (HP), Seadrill Ltd (SDRL).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.