
MARA Stock Forecast & Price Target
MARA Analyst Ratings
Bulls say
MARA Holdings Inc reported exceptional financial performance with revenue reaching $252.4 million, representing a 92% year-over-year increase, driven by higher Bitcoin prices and increased mining production, which saw a sequential rise in its energized hash rate to 60.4 EH/s. Additionally, the company enhanced its Bitcoin holdings to 52,850 BTC, up approximately 98% year-over-year, reaffirming its position as the second-largest public corporate holder of Bitcoin. The improvement in cost efficiency, indicated by a 15% year-over-year reduction in daily cost per petahash, alongside a significant 107.7% increase in Bitcoin per share year-to-date, underlines the company's effective operational strategies and growth potential in a competitive mining environment.
Bears say
MARA Holdings Inc is facing a negative outlook due to stagnation in its core mining business and a significant decline in Bitcoin value, which threatens both revenue and the fair market valuation of its Bitcoin holdings. Additionally, rising energy costs, supply disruptions, and increasing regulatory scrutiny may impose further financial burdens, impacting profitability and operational scalability. The adjustments to financial estimates, coupled with uncertainties surrounding growth initiatives, contribute to a challenging financial landscape for the company.
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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