Marathon Digital Holdings, Inc. (MARA)
NASDAQ: MARA · IEX Real-Time Price · USD
19.52
-0.52 (-2.59%)
At close: May 31, 2024, 4:00 PM
19.53
+0.01 (0.05%)
After-hours: May 31, 2024, 7:59 PM EDT
Marathon Digital Holdings Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for MARA stock have an average target of 19.69, with a low estimate of 8.30 and a high estimate of 27. The average target predicts an increase of 0.87% from the current stock price of 19.52.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MARA stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 4 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | +38.32% | May 29, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | +38.32% | May 28, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $35 → $27 | Strong Buy | Maintains | $35 → $27 | +38.32% | May 10, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $19 → $18 | Hold | Maintains | $19 → $18 | -7.79% | May 10, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 10, 2024 |
Financial Forecast
Revenue This Year
736.54M
from 387.51M
Increased by 90.07%
Revenue Next Year
1.07B
from 736.54M
Increased by 45.00%
EPS This Year
0.78
from 1.06
Decreased by -26.60%
EPS Next Year
0.45
from 0.78
Decreased by -42.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 919.8M | 1.5B | 956.2M |
| Avg | 736.5M | 1.1B | 920.2M |
| Low | 589.2M | 753.4M | 872.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 137.4% | 108.8% | -10.5% |
| Avg | 90.1% | 45.0% | -13.8% |
| Low | 52.0% | 2.3% | -18.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.97 | 1.20 | 0.93 |
| Avg | 0.78 | 0.45 | 0.54 |
| Low | 0.02 | -0.24 | -0.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 86.2% | 53.8% | 107.7% |
| Avg | -26.6% | -42.2% | 20.7% |
| Low | -98.4% | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.