Want to see VIRDY full AI Analyst Report?
Top Page
Viridien
(OTC:VIRDY)
Select Model
Select Model
Rating:64Neutral
Price Target:
$114.00
▲(20.13% Upside)
Action:Reiterated
Date:08/03/26
The score is primarily supported by improved profitability versus prior years and strong positive cash generation, alongside balance-sheet repair. It is held back by a weak longer-term price trend (below 50/100/200-day averages) and earnings pressure/visibility challenges noted on the earnings call, despite maintained cash-flow guidance. Valuation is moderately supportive with a P/E of 13.31.
Positive Factors
Strong cash generation
Sustained TTM operating cash flow and high free-cash-flow conversion indicate the business can self-fund multiclient library builds, capex and deleveraging. Strong cash generation provides durable financial flexibility to invest, reduce debt, and withstand cyclical upstream slowdowns.
Negative Factors
Top-line and EBITDA weakness
Sharp H1 revenue and adjusted EBITDA declines show sensitivity to upstream spend cycles. If exploration and project awards remain subdued, revenue and margin recovery could be delayed, constraining cash flow growth and slowing deleveraging despite current positive cash generation trends.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
Sustained TTM operating cash flow and high free-cash-flow conversion indicate the business can self-fund multiclient library builds, capex and deleveraging. Strong cash generation provides durable financial flexibility to invest, reduce debt, and withstand cyclical upstream slowdowns.
Read all positive factors
Viridien (VIRDY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$781.68M
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)13.2
Beta (1Y)-6.63
Revenue Growth-2.19%
EPS GrowthN/A
CountryUS
Employees3,136
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)7.89
Shares Outstanding7,219,747
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.26
Price to Book (P/B)0.69
Price to Sales (P/S)0.72
P/FCF Ratio2.25
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)8.21
Revenue Forecast (FY)$1.08B
Viridien Business Overview & Revenue Model
Company Description
Viridien (VIRDY) is a geoscience and technology company serving the energy and broader natural-resources sectors. It provides seismic data acquisition and imaging/processing services, subsurface interpretation and analytics, and access to multi-cl...
How the Company Makes Money
Viridien primarily earns revenue through (1) multi-client data licensing and (2) services for customers. Multi-client licensing revenue comes from selling licenses to use seismic and other geoscience datasets from the company’s data library; custo...
Viridien Earnings Call Summary
Earnings Call Date:Jul 30, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 03, 2026
Earnings Call Sentiment Neutral
The call shows a cautiously constructive tone: management reports clear progress on cash generation, deleveraging and backlog rebuilding (notably in Geoscience), and highlights product traction (Accel) and margin resilience in DDE. However, significant near-term headwinds persist — H1 revenue and EBITDA declines, a sharp drop in SMO land revenue due to Middle East disruption, IFRS timing distortions and limited short-term visibility. Management maintains a conservative cash target ($100m) and focuses on cost discipline and readiness for recovery, expecting stronger market conditions into 2027.Positive Updates
Backlog Rebuild in Geoscience
GEO backlog reached $306 million at end-June, up 19% versus year-end 2025, providing stronger near-term revenue visibility and approaching historical record levels.
Negative Updates
Revenue Decline
H1 segment revenue fell to $446 million, down 22% year-on-year. Q2 segment revenue was $232 million versus $274 million last year (approx. -15.3% YoY).
Read all updates
Q2-2026 Updates
Positive
Negative
Backlog Rebuild in Geoscience
GEO backlog reached $306 million at end-June, up 19% versus year-end 2025, providing stronger near-term revenue visibility and approaching historical record levels.
Read all positive updates
Company Guidance
Viridien reiterated its full‑year 2026 objective of $100m net cash flow (which assumes the planned Phase‑1 U.S. HPC expansion and normalized working capital, including collection of ~$30–35m PEMEX receivables, roughly half already received). In H1 the group generated $32m net cash flow (vs $10m a year ago) on H1 segment revenue of $446m (‑22% YoY) and H1 segment adjusted EBITDA of $168m (vs $250m); Q2 segment revenue was $232m (vs $274m) with Q2 adj. EBITDA $92m (vs $107m) and DDE margin of 59%. Geoscience backlog rebuilt to $306m (+19% vs YE‑2025), GEO Q2 total production was $141m (external $95m, internal $45m) and production per employee rose 9% to $400k; Earth Data Q2 revenue was $76m (Q1 $54m). Sensing & Monitoring Q2 revenue was $61m (land $22m vs $52m YoY), new business grew 34% YoY and made up 32% of SMO revenue; Accel sold >20,000 channels in 2026 with ~150,000 channels quoted to >20 customers. Balance sheet progress included net debt excl. IFRS16 of $692m (vs $735m at YE‑2025 and $856m a year ago), gross debt excl. IFRS16 $864m (vs $908m YE‑2025 and $1.18bn a year ago), and $41m of USD notes redeemed at 103%; IFRS H1 revenue was $536m and IFRS EBITDA $249m (≈+$90m vs segment), mainly from ~ $150m Laconia recognition under IFRS 15.Viridien Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
63
Positive
Cash Flow
68
Positive
| Breakdown | TTM | Dec 2025 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.11B | 1.07B | 1.08B | 927.40M | 1.06B | 886.70M |
| Gross Profit | 300.19M | 350.48M | 258.40M | 272.50M | 209.80M | 160.80M |
| EBITDA | 557.15M | 276.90M | 367.80M | 447.30M | 309.20M | 267.80M |
| Net Income | 56.52M | 71.32M | 12.90M | 43.10M | -181.70M | -440.50M |
Balance Sheet | ||||||
| Total Assets | 2.58B | 2.75B | 2.92B | 2.89B | 2.92B | 3.38B |
| Cash, Cash Equivalents and Short-Term Investments | 171.50M | 173.00M | 337.50M | 253.40M | 323.30M | 400.30M |
| Total Debt | 1.02B | 1.06B | 1.30B | 1.25B | 1.31B | 1.39B |
| Total Liabilities | 1.44B | 1.58B | 1.85B | 1.83B | 1.92B | 2.21B |
| Stockholders Equity | 1.11B | 1.13B | 1.02B | 1.02B | 962.70M | 1.12B |
Cash Flow | ||||||
| Free Cash Flow | 326.38M | 344.86M | 255.30M | 85.70M | 109.80M | -38.80M |
| Operating Cash Flow | 373.39M | 385.99M | 408.30M | 345.50M | 336.70M | 264.30M |
| Investing Cash Flow | -156.90M | -190.29M | -232.50M | -198.90M | -138.80M | -362.10M |
| Financing Cash Flow | -204.41M | -330.02M | -148.30M | -151.00M | -239.80M | -67.80M |
Viridien Technical Analysis
Neutral
94.90
Price Trends
104.16
Positive
127.31
Negative
127.45
Negative
Market Momentum
1.29
Negative
58.53
Neutral
96.03
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VIRDY, the sentiment is Neutral. The current price of 94.9 is below the 20-day moving average (MA) of 96.57, below the 50-day MA of 104.16, and below the 200-day MA of 127.45, indicating a neutral trend. The MACD of 1.29 indicates Negative momentum. The RSI at 58.53 is Neutral, neither overbought nor oversold. The STOCH value of 96.03 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for VIRDY.
Viridien Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
64 Neutral | $781.68M | 13.23 | 8.30% | ― | -2.19% | ― | |
60 Neutral | $520.79M | 21.82 | 9.03% | 0.34% | 0.35% | -9.40% | |
58 Neutral | $1.21B | 6.05 | 36.75% | ― | 6.05% | ― | |
56 Neutral | $1.35B | -102.74 | -1.49% | ― | -15.14% | 92.26% | |
50 Neutral | $786.77M | -2.09 | -55.10% | ― | -16.18% | -32.58% | |
49 Neutral | $347.20M | -3.69 | -16.68% | ― | 4.50% | 52.98% |
* Energy Sector Average
VIRDY
Viridien
106.56
48.90
84.80%
CLNE
Clean Energy Fuels
1.61
-0.45
-21.84%
CLB
Core Laboratories
12.22
2.51
25.82%
NBR
Nabors Industries
89.80
55.94
165.21%
PUMP
Propetro Holding
11.61
6.91
147.02%
ACDC
ProFrac Holding
5.10
-0.99
-16.26%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.