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Marathon Digital Holdings (MARA)
NASDAQ:MARA
Holding MARA?
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MARA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.16 - $34.09
Previous Close$15.87
Volume35.34M
Average Volume (3M)39.83M
Market Cap
$4.67B
Enterprise Value$4.76B
Total Cash (Recent Filing)$256.03M
Total Debt (Recent Filing)$346.95M
Price to Earnings (P/E)8.6
Beta3.25
Next Earnings
Nov 06, 2024EPS Estimate
-$0.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.84
Shares Outstanding294,474,622
10 Day Avg. Volume30,535,845
30 Day Avg. Volume39,829,880
Standard Deviation0.50
R-Squared0.33
Alpha0.06
Financial Highlights & Ratios
Price to Book (P/B)1.77
Price to Sales (P/S)8.27
Price to Cash Flow (P/CF)-10.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.43
Enterprise Value/Gross Profit-310.52
Enterprise Value/Ebitda12.93
Forecast
1Y Price Target
$20.67Price Target Upside34.75% Upside
Rating ConsensusHold
Number of Analyst Covering7
Marathon Digital Holdings News
PremiumCompany Announcements
Marathon Digital Executives Present at Global Investment ConferenceBulls Say, Bears Say
Bulls Say
Financial PerformanceMarathon had $1.3B in liquidity inclusive of $133M in unrestricted cash and 17,631 BTC.
Infrastructure DevelopmentMarathon has been especially active in building its infrastructure through partnership and purchase.
Technology InnovationThe rise of liquid cooling solutions in bitcoin mining presents an opportunity for transcendence.
Bears Say
EarningsReported results missed expectations on top-line and adjusted EBITDA excluding Bitcoin gains.
Operational IssuesOutages at Ellendale significantly impacted performance, with only 60-65% of site capacity currently online.
ValuationTarget price has been reduced to $27 from $35 due to a reassessment of bitcoin mining valuation.
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Ownership Overview
15.56% Insiders
14.37% Mutual Funds
30.60% Other Institutional Investors
39.47% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MARA FAQ
What was Marathon Digital Holdings’s price range in the past 12 months?
Marathon Digital Holdings lowest stock price was $7.16 and its highest was $34.09 in the past 12 months.
What is Marathon Digital Holdings’s market cap?
Currently, no data Available
When is Marathon Digital Holdings’s upcoming earnings report date?
Marathon Digital Holdings’s upcoming earnings report date is Nov 06, 2024 which is in 48 days.
How were Marathon Digital Holdings’s earnings last quarter?
Marathon Digital Holdings released its earnings results on Aug 01, 2024. The company reported -$0.72 earnings per share for the quarter, missing the consensus estimate of -$0.096 by -$0.624.
Is Marathon Digital Holdings overvalued?
According to Wall Street analysts Marathon Digital Holdings’s price is currently Undervalued.
Does Marathon Digital Holdings pay dividends?
Marathon Digital Holdings does not currently pay dividends.
What is Marathon Digital Holdings’s EPS estimate?
Marathon Digital Holdings’s EPS estimate is -$0.32.
How many shares outstanding does Marathon Digital Holdings have?
Marathon Digital Holdings has 294,474,600 shares outstanding.
What happened to Marathon Digital Holdings’s price movement after its last earnings report?
Marathon Digital Holdings reported an EPS of -$0.72 in its last earnings report, missing expectations of -$0.096. Following the earnings report the stock price went down -5.237%.
Which hedge fund is a major shareholder of Marathon Digital Holdings?
Among the largest hedge funds holding Marathon Digital Holdings’s share is Moore Capital Management LP. It holds Marathon Digital Holdings’s shares valued at 397K.
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Marathon Digital Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$20.67 (34.75% Upside)
$20.67 (34.75% Upside)
Blogger Sentiment
Bullish
MARA Sentiment 87%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 5.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
61.93%
12-Months-Change
Fundamentals
Return on Equity
26.13%
Trailing 12-Months
Asset Growth
126.99%
Trailing 12-Months
Company Description
Marathon Digital Holdings
Marathon Digital Holdings, Inc. is an American digital asset technology company that engages in mining cryptocurrencies. It focuses on the blockchain ecosystem and the generation of digital assets, with an emphasis on transforming wasted or stranded energy resources into assets. The company is located in Fort Lauderdale, Florida.
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MARA Earnings Call
Q2 2024
0:00 / 0:00
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MARA Stock 12 Month Forecast
Average Price Target
$20.67
▲(34.75% Upside)
Technical Analysis
Best Analysts Covering MARA
1 Year
1 Year Success Rate
9/26 ratings generated profit
1 Year Average Return
+49.64%
reiterated a buy rating 2 months ago
Copying Kevin Dede's trades and holding each position for 1 Year would result in 34.62% of your transactions generating a profit, with an average return of +49.64% per trade.
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