MARA Holdings, Inc (MARA)
NASDAQ:MARA
Want to see MARA full AI Analyst Report?
MARA Stock Chart & Stats
$11.60
-$1.05(-5.51%)
At close: 4:00 PM EST
$11.60
-$1.05(-5.51%)
Day’s Range― - ―
52-Week Range$6.66 - $23.45
Previous CloseN/A
Volume14.21M
Average Volume (3M)39.89M
Market Cap
$5.42B
Enterprise Value$7.25B
Total Cash (Recent Filing)$527.56M
Total Debt (Recent Filing)$2.46B
Price to Earnings (P/E)―
Beta2.44
Next Earnings
Aug 12, 2026EPS Estimate
0.35Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.50
Shares Outstanding381,270,500
10 Day Avg. Volume37,098,001
30 Day Avg. Volume39,892,968
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.92
Price to Sales (P/S)3.52
P/FCF Ratio-10.21
Enterprise Value/Market Cap1.34
Enterprise Value/Revenue8.35
Enterprise Value/Gross Profit2.80K
Enterprise Value/Ebitda-60.55
Forecast
1Y Price Target
$14.25Price Target Upside22.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)-2.52
Revenue Forecast (FY)$852.37M
Bulls Say, Bears Say
Bulls Say
Operational Scale (hashrate)Sustained growth in energized hashrate and higher reward share provide durable production capacity and scale economies. Larger, more efficient fleet lowers unit costs, strengthens market position in mining, and increases optionality to allocate compute to BTC or other compute workloads over the next 2–6 months.
Long Ridge: Low‑cost, Large CapacityAcquiring Long Ridge materially diversifies energy and asset base into low‑cost, contracted generation and large powered land. This provides a structural platform for AI/critical IT builds, more stable contracted cash flow, and lower incremental power costs that reduce reliance on volatile BTC mining economics.
Deleveraging & Capital ActionsUsing digital‑asset monetization to retire a meaningful portion of convertible debt reduces dilution risk and lowers future financing burdens. These deliberate capital actions and refinancing (lower rates on revolver) improve structural financial flexibility and make future asset monetizations or JV financing less dilutive.
Bears Say
Negative Free Cash FlowPersistently negative free cash flow forces reliance on asset sales, crypto monetization, or external financing to fund operations and growth. Even with modest positive operating cash flow, ongoing reinvestment needs and losses mean cash deficits are a durable constraint on operational flexibility and capital allocation.
Earnings Volatility Tied To BTC PriceGAAP results are dominated by unrealized digital‑asset mark‑to‑market swings; management notes every $10k BTC move changes digital‑asset fair value by ~$350M. That creates structural earnings volatility, making multi‑month planning, covenant compliance and forecasting materially dependent on crypto price moves.
Higher Leverage & Financing ComplexityAdding Long Ridge increases pro‑forma leverage and requires consents, bridge financing and possible crypto‑collateralized borrowings. Execution risk and conditional financing introduce durable balance‑sheet and liquidity complexity that could raise funding costs or force further asset monetization if markets tighten.
MARA Holdings News
MARA FAQ
What was MARA Holdings, Inc’s price range in the past 12 months?
MARA Holdings, Inc lowest stock price was $6.66 and its highest was $23.45 in the past 12 months.
What is MARA Holdings, Inc’s market cap?
MARA Holdings, Inc’s market cap is $5.42B.
When is MARA Holdings, Inc’s upcoming earnings report date?
MARA Holdings, Inc’s upcoming earnings report date is Aug 12, 2026 which is in 52 days.
How were MARA Holdings, Inc’s earnings last quarter?
MARA Holdings, Inc released its earnings results on May 11, 2026. The company reported -$3.496 earnings per share for the quarter, missing the consensus estimate of -$1.51 by -$1.986.
Is MARA Holdings, Inc overvalued?
According to Wall Street analysts MARA Holdings, Inc’s price is currently Undervalued.
Does MARA Holdings, Inc pay dividends?
MARA Holdings, Inc does not currently pay dividends.
What is MARA Holdings, Inc’s EPS estimate?
MARA Holdings, Inc’s EPS estimate is 0.35.
How many shares outstanding does MARA Holdings, Inc have?
MARA Holdings, Inc has 381,270,500 shares outstanding.
What happened to MARA Holdings, Inc’s price movement after its last earnings report?
MARA Holdings, Inc reported an EPS of -$3.496 in its last earnings report, missing expectations of -$1.51. Following the earnings report the stock price went down -5.004%.
Which hedge fund is a major shareholder of MARA Holdings, Inc?
Currently, no hedge funds are holding shares in MARA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
MARA Holdings Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$14.25 (22.84% Upside)
$14.25 (22.84% Upside)
Blogger Sentiment
Bullish
MARA Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 54.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.86%
12-Months-Change
Fundamentals
Return on Equity
-52.07%
Trailing 12-Months
Asset Growth
-23.20%
Trailing 12-Months
Company Description
MARA Holdings, Inc
Marathon Digital Holdings, Inc. is a technology firm specializing in digital assets. Its core business involves mining cryptocurrencies, with a strategic focus on developing the blockchain ecosystem and generating new digital assets primarily within the United States. By the close of 2021, the company held roughly 8,115 bitcoins, 4,794 of which were managed within an investment fund. Founded in 2010, the company, headquartered in Las Vegas, Nevada, adopted its current name in February 2021, having previously been known as Marathon Patent Group, Inc.
MARA Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presents a mixed but strategically forward-looking picture: strong operational progress and major strategic moves (Starwood JV execution, Exaion acquisition, Long Ridge deal, record energized hashrate, and debt/dilution reduction) position MARA to scale AI/critical IT infrastructure and monetize powered land. However, material near-term financial headwinds persist — Q1 revenue declines, a large net loss and negative adjusted EBITDA driven by Bitcoin price markdowns, lower BTC holdings, higher per-BTC costs and elevated G&A/restructuring charges. The company has actionable financing plans and capital-efficient JV structures to convert assets to contracted cash flows, but short-term results remain volatile and sensitive to BTC prices.View all MARA earnings summariesMARA Stock 12 Month Forecast
Average Price Target
$14.25
▲(22.84% Upside)
Technical Analysis
Riot Platforms
―
StoneX Group
―
Virtu Financial
―
BitMine Immersion Technologies
―
Cipher Mining
―
Ownership Overview
2.33% Insiders
15.86% Mutual Funds
10.29% Other Institutional Investors
41.00% Public Companies and Individual Investors