Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Marathon Digital Holdings (MARA)
NASDAQ:MARA
Marathon Digital Holdings (MARA) Stock Price & Analysis
9,123 Followers
MARA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.16 - $34.09
Previous Close$26.72
Volume62.37M
Average Volume (3M)47.84M
Market Cap
$7.29B
Enterprise Value$7.26B
Total Cash (Recent Filing)$357.30M
Total Debt (Recent Filing)$326.13M
Price to Earnings (P/E)11.0
Beta3.61
Next Earnings
Aug 07, 2024EPS Estimate
-$0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.43
Shares Outstanding272,956,165
10 Day Avg. Volume46,661,742
30 Day Avg. Volume47,841,575
Standard Deviation0.50
R-Squared0.33
Alpha0.06
Financial Highlights & Ratios
Price to Book (P/B)3.25
Price to Sales (P/S)13.53
Price to Cash Flow (P/CF)-14.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue18.74
Enterprise Value/Gross Profit-473.32
Enterprise Value/Ebitda15.44
Forecast
1Y Price Target
$21.20Price Target Upside-17.03% Downside
Rating ConsensusHold
Number of Analyst Covering6
Marathon Digital Holdings News
Bulls Say, Bears Say
Bulls Say
Financial StrengthMarathon's cash and crypto balance total reached $1.6B.
Infrastructure And ExpansionMarathon is fostering a partnership to develop crypto mining facilities with supporting technology in Kenya.
Technology And InnovationMarathon introduced '2PIC,' a two-phase, immersion cooling system for sale to outside parties.
Bears Say
EarningsMARA reported results missing on both revenue and adjusted EBITDA excluding Bitcoin gains.
Operational IssuesThe company experienced outages at the Ellendale site, with only 60-65% of the site capacity currently online.
ValuationThe target price has been reduced to $27 from $35 due to lower bitcoin mining valuation.
---
Ownership Overview
16.79% Insiders
12.50% Mutual Funds
27.55% Other Institutional Investors
43.15% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
MARA FAQ
What was Marathon Digital Holdings’s price range in the past 12 months?
Marathon Digital Holdings lowest stock price was $7.16 and its highest was $34.09 in the past 12 months.
What is Marathon Digital Holdings’s market cap?
Currently, no data Available
When is Marathon Digital Holdings’s upcoming earnings report date?
Marathon Digital Holdings’s upcoming earnings report date is Aug 07, 2024 which is in 20 days.
How were Marathon Digital Holdings’s earnings last quarter?
Marathon Digital Holdings released its earnings results on May 09, 2024. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $0.019 by $1.241.
Is Marathon Digital Holdings overvalued?
According to Wall Street analysts Marathon Digital Holdings’s price is currently Overvalued.
Does Marathon Digital Holdings pay dividends?
Marathon Digital Holdings does not currently pay dividends.
What is Marathon Digital Holdings’s EPS estimate?
Marathon Digital Holdings’s EPS estimate is -$0.1.
How many shares outstanding does Marathon Digital Holdings have?
Marathon Digital Holdings has 272,956,180 shares outstanding.
What happened to Marathon Digital Holdings’s price movement after its last earnings report?
Marathon Digital Holdings reported an EPS of $1.26 in its last earnings report, beating expectations of $0.019. Following the earnings report the stock price went down -12.672%.
Which hedge fund is a major shareholder of Marathon Digital Holdings?
Among the largest hedge funds holding Marathon Digital Holdings’s share is Deerfield Management Company, LP. It holds Marathon Digital Holdings’s shares valued at 332K.
---
Marathon Digital Holdings Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$21.20 (-17.03% Downside)
$21.20 (-17.03% Downside)
Blogger Sentiment
Bullish
MARA Sentiment 90%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $209.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 0.2%
Last 30 Days ▲ 0.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
47.86%
12-Months-Change
Fundamentals
Return on Equity
40.07%
Trailing 12-Months
Asset Growth
126.77%
Trailing 12-Months
Company Description
Marathon Digital Holdings
Marathon Patent Group, Inc. is an IP licensing and commercialization company. It acquires and manages IP rights from a variety of sources, including large and small corporations, universities and other IP owners. Marathon Patent Group was founded on February 23, 2010 and is headquartered in Las Vegas, NV.
---
MARA Earnings Call
Q1 2024
0:00 / 0:00
---
MARA Stock 12 Month Forecast
Average Price Target
$21.20
▼(-17.03% Downside)
Technical Analysis
Best Analysts Covering MARA
1 Year
1 Year Success Rate
15/25 ratings generated profit
1 Year Average Return
+73.62%
reiterated a buy rating 16 days ago
Copying Kevin Dede's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +73.62% per trade.
---