MARA Holdings, Inc (MARA)
NASDAQ:MARA
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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)43.65M
Market Cap
$5.44B
Enterprise Value$7.42B
Total Cash (Recent Filing)$527.56M
Total Debt (Recent Filing)$2.46B
Price to Earnings (P/E)―
Beta2.37
Next Earnings
Aug 12, 2026EPS Estimate
0.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.50
Shares Outstanding381,270,500
10 Day Avg. Volume41,373,165
30 Day Avg. Volume43,647,134
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 Cap1.36
Enterprise Value/Revenue8.55
Enterprise Value/Gross Profit2.86K
Enterprise Value/Ebitda5.19
Forecast
1Y Price Target
$14.25Price Target Upside22.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)-2.76
Revenue Forecast (FY)$841.10M
Bulls Say, Bears Say
Bulls Say
Operational Scale (energized Hashrate)Sustained increases in energized hashrate and reward share reflect durable scale advantages in mining capacity. Larger, growing hashpower supports higher long-run Bitcoin production potential, improves negotiating leverage with power/hosting partners, and spreads fixed costs across more output, strengthening unit economics.
Long Ridge Acquisition Expands Low-cost Power & AI CapacityOwning large, industrially permitted site with a combined-cycle plant and very low incremental power costs materially strengthens MARA’s ability to supply long-term, contracted compute (AI/HPC) loads. This diversifies revenue away from pure mining, creates stable cash-flow anchors and supports capital-efficient buildouts.
Deleveraging And Dilution Reduction Via Bitcoin MonetizationUsing digital-asset monetization to retire convertible debt materially reduces potential equity dilution and lowers interest exposure. This improves balance-sheet flexibility, reduces refinancing risk and makes future cash flows from operations and new asset monetization more effective for reinvestment and growth execution.
Bears Say
Persistent Negative Free Cash FlowChronic negative free cash flow implies ongoing external funding needs to support operations, capex and acquisitions. Reliance on asset sales or financings constrains reinvestment, increases execution risk for strategic projects, and limits the firm’s ability to self-fund growth or absorb shocks over the medium term.
Profitability Volatility From Digital-asset Mark-to-marketEarnings and net income are dominated by unrealized digital-asset fair-value swings, creating wide profit/loss volatility. This impairs predictable free cash generation, complicates capital planning and makes GAAP profitability a poor signal for operating health, increasing long-term financing and strategic uncertainty.
Elevated Leverage And Transaction Financing ComplexityHigher leverage and complex, multichannel financing for large asset deals raise execution and covenant risk. Dependence on consents, bridge facilities and potential asset-backed borrowings amplifies refinancing exposure and could force asset sales or dilutive measures if capital markets tighten, constraining strategic optionality.
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 $5.44B.
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 69 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 0.28.
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
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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
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Bearish
Bullish news 39%
Bearish news 75%
Bearish news 75%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.93%
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. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. As of December 31, 2021, it had approximately 8,115 bitcoins, which included the 4,794 bitcoins held in the investment fund. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada.
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
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Ownership Overview
2.33% Insiders
15.86% Mutual Funds
10.29% Other Institutional Investors
41.16% Public Companies and Individual Investors