Research Feed
GPRE: $188M 45Z Guidance on $900M Cap — Street Missing the Inflection
Green Plains just guided to $188M in 45Z tax credit EBITDA for 2026 on a $900M market cap. That's 21% of enterprise value from credits alone, before base ethanol crush. The street hasn't updated — consensus sits at $0.48 EPS for FY26, analyst targets cluster around $12 (current price), and UBS reite