
MARA Stock Forecast & Price Target
MARA Analyst Ratings
Bulls say
MARA Holdings Inc. reported a significant revenue increase of 92% year-over-year, totaling $252.4 million, driven by higher Bitcoin prices and increased mining production, which rose to 2,144 BTC. The company's energized hash rate reached 60.4 EH/s, reflecting ongoing operational improvements despite a competitive mining environment, with an impressive 107.7% year-to-date increase in Bitcoin yield per share. Additionally, MARA holds 52,850 BTC, marking a nearly 98% year-over-year growth, solidifying its position as the second-largest public corporate holder of Bitcoin, which underscores its commitment to leveraging digital assets for long-term value creation.
Bears say
The analysis of MARA Holdings Inc indicates a negative outlook primarily due to slowing growth in its core mining business, which has resulted in a 10% reduction in earnings estimates. The company's financial performance is further threatened by the volatility of Bitcoin prices, which could adversely affect revenue from mining activities and the valuation of its Bitcoin holdings on the balance sheet. Additionally, reliance on stable energy sources and potential regulatory challenges related to energy consumption may further constrain profitability and operational scalability moving forward.
This aggregate rating is based on analysts' research of Marathon Digital Holdings and is not a guaranteed prediction by Public.com or investment advice.
MARA Analyst Forecast & Price Prediction
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