Marathon Digital Holdings, Inc. (MARA)
NASDAQ: MARA · IEX Real-Time Price · USD
24.73
+1.08 (4.57%)
At close: Jul 19, 2024, 4:00 PM
25.09
+0.36 (1.46%)
Pre-market: Jul 22, 2024, 7:43 AM 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 19.61, with a low estimate of 8.30 and a high estimate of 27. The average target predicts a decrease of -20.70% from the current stock price of 24.73.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Hold Maintains $18 → $20 | Hold | Maintains | $18 → $20 | -19.13% | Jul 12, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | +9.18% | Jun 20, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $17 → $14 | Sell | Maintains | $17 → $14 | -43.39% | Jun 4, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | +9.18% | May 29, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | +9.18% | May 28, 2024 |
Financial Forecast
Revenue This Year
710.18M
from 387.51M
Increased by 83.27%
Revenue Next Year
1.04B
from 710.18M
Increased by 46.72%
EPS This Year
0.66
from 1.06
Decreased by -37.53%
EPS Next Year
0.15
from 0.66
Decreased by -77.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 825.3M | 1.5B | 1.1B |
| Avg | 710.2M | 1.0B | 977.0M |
| Low | 589.2M | 753.4M | 872.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 113.0% | 116.6% | 8.2% |
| Avg | 83.3% | 46.7% | -6.2% |
| Low | 52.0% | 6.1% | -16.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.97 | 1.13 | 0.93 |
| Avg | 0.66 | 0.15 | 0.51 |
| Low | 0.02 | -0.54 | -0.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 86.2% | 70.9% | 519.8% |
| Avg | -37.5% | -77.2% | 238.2% |
| 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.