MARA Stock Chart & Stats
$213.14
-$11.70(-5.23%)
At close: 4:00 PM EDT
$213.14
-$11.70(-5.23%)
Day’s Range― - ―
52-Week Range$116.47 - $430.00
Previous CloseN/A
Volume8.91K
Average Volume (3M)36.32K
Market Cap
$74.76B
Enterprise Value$5.14K
Total Cash (Recent Filing)$421.27M
Total Debt (Recent Filing)$338.91M
Price to Earnings (P/E)―
Beta0.88
Next Earnings
Nov 11, 2026EPS Estimate
-5.52Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-9.39
Shares Outstanding381,270,500
10 Day Avg. Volume31,373
30 Day Avg. Volume36,322
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$264.76Price Target Upside24.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)-60
Revenue Forecast (FY)$14.56B
Bulls Say, Bears Say
Bulls Say
Large Power Portfolio ExpansionDoubling powered capacity to ~4.8 GW materially increases Mara's long-term production and infrastructure scale. Large owned/controlled power and land rights support lower unit energy costs, enable hosting/contracting revenue, and position the company as a leading developer of digital energy infrastructure over next 2–6 months and beyond.
Long Ridge Adds Contracted EBITDAAcquiring Long Ridge brings sizeable, more predictable EBITDA and a >70% contracted output mix, diversifying revenue away from pure Bitcoin spot exposure. This structural shift toward contracted generation improves cash-flow stability, reduces earnings sensitivity to BTC price swings, and strengthens infrastructure revenue visibility.
Operational Scale And Improving EfficiencyRising energized hash rate and steady reductions in petahash cost indicate durable operational improvements. Higher owned hash-rate and better fleet efficiency lower all-in mining cost per BTC, improving margin resilience versus network difficulty and supporting sustained production and cash generation as capacity scales.
Bears Say
Persistent Cash Burn & Negative FCFSustained negative operating and free cash flow creates ongoing funding needs and reliance on external financing. Over a multi-month horizon this raises refinancing, interest and covenant risks, constrains discretionary investment, and increases execution risk for large projects despite current liquidity reported in the quarter.
Severe Earnings Volatility And UnprofitabilityVery large, volatile losses reflect acute sensitivity to Bitcoin price and network dynamics, undermining margin sustainability. Such swings impede multi-period planning, limit internally generated capital for growth, and make operating results unpredictable until revenue mix shifts toward contracted infrastructure income.
High Collateralization Of Bitcoin HoldingsPledging over half of BTC reserves and a substantial year‑over‑year decline in holdings reduces financial flexibility and elevates refinancing and margin-call risk. This structural leverage of digital assets constrains liquidity options and ties funding capacity to volatile asset prices and lender terms.
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 $116.47 and its highest was $430.00 in the past 12 months.
What is MARA Holdings, Inc’s market cap?
MARA Holdings, Inc’s market cap is $74.76B.
When is MARA Holdings, Inc’s upcoming earnings report date?
MARA Holdings, Inc’s upcoming earnings report date is Nov 11, 2026 which is in 94 days.
How were MARA Holdings, Inc’s earnings last quarter?
MARA Holdings, Inc released its earnings results on Aug 06, 2026. The company reported -$27.418 earnings per share for the quarter, missing the consensus estimate of $2.862 by -$30.28.
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 -5.52.
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 -$27.418 in its last earnings report, missing expectations of $2.862. Following the earnings report the stock price went down -7.028%.
Which hedge fund is a major shareholder of MARA Holdings, Inc?
Currently, no hedge funds are holding shares in MX: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
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Analyst Consensus
Moderate Buy
Average Price Target:
$264.76 (24.22% Upside)
$264.76 (24.22% Upside)
Blogger Sentiment
Bullish
MX:MARA Sentiment 85%
Sector Average ―
Sector Average ―
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-29.77%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-43.68%
Trailing 12-Months
Company Description
MARA Holdings, Inc
MARA Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the Bitcoin ecosystem. It also deals with owning and operating bitcoin mining facilities or data centers, selling proprietary software or technology to third parties operating in the Bitcoin ecosystem, offering advisory and consulting services to support Bitcoin mining ventures in domestic and international jurisdictions, and generating electricity from renewable energy resources or methane gas capture to power Bitcoin mining projects. The company was founded on February 23, 2010 and is headquartered in Hallandale Beach, FL.
MARA Company Deck
MARA Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call describes a strategic, transformational quarter: Mara is materially expanding powered land and capacity (targeting ~4.8 GW including a ~2 GW Matagorda site), advancing the Long Ridge acquisition (adds ~$144M EBITDA), securing non-dilutive financing, and showing commercial and technology traction (Starwood partnership, Exaion, HUM, Vertebra AI). Short-term financial results were weak due to a sharp decline in Bitcoin prices, producing a large unrealized mark-to-market loss, reduced revenues (‑26.8% YoY), and a significant net loss. The company nevertheless finished the quarter with strong liquidity ($1.21B cash, ~$2.5B cash+BTC), improved mining unit costs, growing energized hash rate, and a clear pathway to convert power into longer-term contracted infrastructure revenue. Given the balance of meaningful strategic progress and execution milestones against short-term crypto-driven financial pain, the tone is constructive with a longer-term positive outlook.View all MX:MARA earnings summariesMARA Stock 12 Month Forecast
Average Price Target
$264.76
▲(24.22% Upside)