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)48.91K
Market Cap
$73.89B
Enterprise Value$7.43K
Total Cash (Recent Filing)$421.27M
Total Debt (Recent Filing)$2.47B
Price to Earnings (P/E)―
Beta1.02
Next Earnings
Nov 11, 2026EPS Estimate
-5.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-9.39
Shares Outstanding386,299,300
10 Day Avg. Volume50,736
30 Day Avg. Volume48,907
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
$263.13Price Target Upside36.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)-77.46
Revenue Forecast (FY)$13.12B
Bulls Say, Bears Say
Bulls Say
Large-scale Power Capacity ExpansionExpanding from its existing base toward approximately 4.8 GW could materially increase MARA’s ability to deploy miners and develop high-performance computing infrastructure. The larger power portfolio may support scale economies, broader customer opportunities, and a more diversified digital-energy platform over the next several quarters.
Contracted EBITDA DiversificationLong Ridge could add a recurring earnings stream that is less directly tied to daily Bitcoin production and cryptocurrency prices. The high contracted share improves revenue visibility, while the acquisition supports MARA’s transition toward infrastructure services and a broader digital-energy business model.
Improving Mining Efficiency And ScaleHigher energized hash rate expands MARA’s share of Bitcoin-network computing capacity, while lower daily cost per petahash indicates operational efficiency gains. Continued fleet optimization and cost improvement can strengthen unit economics and competitive positioning when network conditions remain challenging.
Bears Say
Severe Profitability DeteriorationCurrent profitability is materially weaker than in the company’s stronger 2023–2024 periods, with declining revenue, negative gross profit, and very large operating and net losses. This volatility makes earnings less dependable and may constrain internally funded investment in the planned infrastructure expansion.
Bitcoin-backed Leverage And Collateral RiskBitcoin-backed borrowing provides acquisition funding without immediate equity dilution, but pledging roughly 54% of holdings increases financial exposure to cryptocurrency collateral values. A sustained Bitcoin decline could reduce flexibility, intensify financing pressure, and limit the strategic use of treasury assets.
Persistent Cash BurnLarge negative operating and free cash flow indicates that MARA currently requires substantial funding to support operations and growth. Persistent cash outflows can increase reliance on debt, asset sales, or other financing and may reduce resilience if Bitcoin conditions or infrastructure execution weaken.
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 $73.89B.
When is MARA Holdings’s upcoming earnings report date?
MARA Holdings’s upcoming earnings report date is Nov 11, 2026 which is in 62 days.
How were MARA Holdings’s earnings last quarter?
MARA Holdings released its earnings results on Aug 06, 2026. The company reported -$27.235 earnings per share for the quarter, missing the consensus estimate of $2.843 by -$30.078.
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 -5.33.
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 -$27.235 in its last earnings report, missing expectations of $2.843. 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:
$263.13 (36.92% Upside)
$263.13 (36.92% Upside)
Blogger Sentiment
Bullish
MX:MARA Sentiment 78%
Sector Average 58%
Sector Average 58%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-22.17%
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
$263.13
▲(36.92% Upside)