M44 Stock Chart & Stats
€10.21
-€0.84(-7.63%)
At close: 4:00 PM EDT
€10.21
-€0.84(-7.63%)
Day’s Range― - ―
52-Week Range€5.74 - €20.14
Previous CloseN/A
Volume6.97K
Average Volume (3M)14.92K
Market Cap
€3.23B
Enterprise Value€7.43K
Total Cash (Recent Filing)€421.27M
Total Debt (Recent Filing)€2.47B
Price to Earnings (P/E)―
Beta1.91
Next Earnings
Nov 11, 2026EPS Estimate
-0.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-9.39
Shares Outstanding386,299,300
10 Day Avg. Volume9,206
30 Day Avg. Volume14,918
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
€13.45Price Target Upside31.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)-3.86
Revenue Forecast (FY)€671.81M
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
M44 FAQ
What was MARA Holdings’s price range in the past 12 months?
MARA Holdings lowest stock price was €5.74 and its highest was €20.14 in the past 12 months.
What is MARA Holdings’s market cap?
MARA Holdings’s market cap is €3.23B.
When is MARA Holdings’s upcoming earnings report date?
MARA Holdings’s upcoming earnings report date is Nov 11, 2026 which is in 89 days.
How were MARA Holdings’s earnings last quarter?
MARA Holdings released its earnings results on Aug 06, 2026. The company reported -€1.388 earnings per share for the quarter, missing the consensus estimate of €0.145 by -€1.533.
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 -0.29.
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 -€1.388 in its last earnings report, missing expectations of €0.145. Following the earnings report the stock price went down -7.946%.
Which hedge fund is a major shareholder of MARA Holdings?
Currently, no hedge funds are holding shares in DE:M44
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:
€13.45 (31.73% Upside)
€13.45 (31.73% Upside)
Blogger Sentiment
Bullish
DE:M44 Sentiment 79%
Sector Average 54%
Sector Average 54%
News Sentiment
Bearish
Bullish news 20%
Bearish news 80%
Bearish news 80%
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
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.
M44 Company Deck
M44 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 DE:M44 earnings summariesM44 Stock 12 Month Forecast
Average Price Target
€13.45
▲(31.73% Upside)
Technical Analysis
Riot Platforms
―
StoneX Group
―
Virtu Financial
―
BitMine Immersion Technologies
―
Cipher Mining
―