MARA Stock Chart & Stats
$192.17
-$11.70(-5.23%)
At close: 4:00 PM EDT
$192.17
-$11.70(-5.23%)
Day’s Range― - ―
52-Week Range$116.47 - $430.00
Previous CloseN/A
Volume8.91K
Average Volume (3M)46.58K
Market Cap
$88.26B
Enterprise Value$7.43K
Total Cash (Recent Filing)$421.27M
Total Debt (Recent Filing)$2.47B
Price to Earnings (P/E)―
Beta0.81
Next Earnings
Nov 11, 2026EPS Estimate
-6.93Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-9.39
Shares Outstanding386,299,300
10 Day Avg. Volume37,969
30 Day Avg. Volume46,576
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
$268.02Price Target Upside39.47% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)-85.02
Revenue Forecast (FY)$13.14B
Bulls Say, Bears Say
Bulls Say
Powered Infrastructure ExpansionExpanding powered capacity gives MARA a broader platform for Bitcoin mining and higher-value digital infrastructure uses. The scale-up, supported by new Texas power rights and planned development, could improve asset utilization and create a foundation for more diversified revenue over the next several quarters.
Contracted EBITDA DiversificationLong Ridge could add a meaningful stream of contracted EBITDA that is less dependent on daily Bitcoin production and token prices. This would improve revenue visibility, diversify MARA’s business model, and support a transition toward infrastructure income with greater earnings predictability.
Mining Scale And EfficiencyHigher energized hash rate expands MARA’s ability to earn block rewards, while lower cost per petahash indicates improving fleet efficiency. Together, these trends can strengthen competitiveness within Bitcoin mining and provide greater operating leverage when network economics are favorable.
Bears Say
Severe Profitability And Cash-flow DeteriorationLarge operating and free-cash outflows indicate that MARA currently requires substantial funding to sustain operations and growth. Deep losses and negative gross profit also weaken internally generated capital, limiting financial flexibility and increasing dependence on financing or asset monetization.
Higher Leverage And Bitcoin Collateral ExposureThe acquisition and Bitcoin-backed facilities increase financial obligations while encumbering a substantial portion of the company’s digital assets. This reduces balance-sheet flexibility and could amplify downside pressure if Bitcoin values weaken or lenders require additional collateral.
Structural Bitcoin-driven Earnings VolatilityMARA’s earnings remain highly exposed to Bitcoin prices because mining revenue and digital-asset accounting values can change sharply without corresponding operating improvements. This makes margins, reported profits, and capital planning less predictable than those of contracted infrastructure businesses.
MARA Holdings News
MARA FAQ
What was MARA Holdings’s price range in the past 12 months?
MARA Holdings lowest stock price was $116.47 and its highest was $430.00 in the past 12 months.
What is MARA Holdings’s market cap?
MARA Holdings’s market cap is $88.26B.
When is MARA Holdings’s upcoming earnings report date?
MARA Holdings’s upcoming earnings report date is Nov 11, 2026 which is in 45 days.
How were MARA Holdings’s earnings last quarter?
MARA Holdings released its earnings results on Aug 06, 2026. The company reported -$28.295 earnings per share for the quarter, missing the consensus estimate of $2.953 by -$31.248.
Is MARA Holdings overvalued?
According to Wall Street analysts MARA Holdings’s price is currently Undervalued.
Does MARA Holdings pay dividends?
MARA Holdings does not currently pay dividends.
What is MARA Holdings’s EPS estimate?
MARA Holdings’s EPS estimate is -6.93.
How many shares outstanding does MARA Holdings have?
MARA Holdings has 386,299,300 shares outstanding.
What happened to MARA Holdings’s price movement after its last earnings report?
MARA Holdings reported an EPS of -$28.295 in its last earnings report, missing expectations of $2.953. Following the earnings report the stock price went down -7.028%.
Which hedge fund is a major shareholder of MARA Holdings?
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$268.02 (39.47% Upside)
$268.02 (39.47% Upside)
Blogger Sentiment
Bullish
MX:MARA Sentiment 79%
Sector Average 60%
Sector Average 60%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-21.90%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-43.68%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
MARA Holdings
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
$268.02
▲(39.47% Upside)