Equities Analysts Issue Forecasts for MARA Q1 Earnings

MARA Holdings, Inc. (NASDAQ:MARA - Free Report) - Equities research analysts at HC Wainwright decreased their Q1 2025 earnings estimates for MARA in a research report issued on Thursday, April 24th. HC Wainwright analyst K. Dede now anticipates that the business services provider will post earnings of ($1.17) per share for the quarter, down from their prior forecast of ($0.18). HC Wainwright currently has a "Buy" rating and a $28.00 target price on the stock. The consensus estimate for MARA's current full-year earnings is ($1.04) per share. HC Wainwright also issued estimates for MARA's Q2 2025 earnings at ($0.22) EPS, Q3 2025 earnings at ($0.26) EPS and FY2025 earnings at ($1.93) EPS.

MARA has been the topic of a number of other research reports. JPMorgan Chase & Co. dropped their target price on shares of MARA from $23.00 to $18.00 and set a "neutral" rating on the stock in a research report on Thursday, March 13th. Rosenblatt Securities started coverage on MARA in a report on Friday, March 7th. They issued a "buy" rating and a $19.00 target price for the company. Piper Sandler cut their target price on shares of MARA from $34.00 to $30.00 and set an "overweight" rating for the company in a research note on Monday, March 3rd. Barclays dropped their price target on MARA from $27.00 to $14.00 and set an "equal weight" rating for the company in a report on Monday, March 3rd. Finally, Needham & Company LLC reissued a "hold" rating on shares of MARA in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $22.80.

MARA Stock Down 6.0 %

Shares of NASDAQ MARA traded down $0.85 during mid-day trading on Monday, reaching $13.37. 25,565,966 shares of the company traded hands, compared to its average volume of 45,016,235. The company's fifty day moving average is $13.01 and its two-hundred day moving average is $17.47. MARA has a fifty-two week low of $9.81 and a fifty-two week high of $30.28. The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.00 and a current ratio of 4.00. The stock has a market cap of $4.62 billion, a PE ratio of 16.92 and a beta of 6.10.

MARA (NASDAQ:MARA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The business services provider reported $1.24 EPS for the quarter, topping the consensus estimate of ($0.32) by $1.56. MARA had a net margin of 27.48% and a negative return on equity of 8.40%. The company had revenue of $214.39 million for the quarter, compared to analyst estimates of $187.11 million.

Institutional Investors Weigh In On MARA

Hedge funds have recently bought and sold shares of the company. Beacon Capital Management LLC acquired a new position in MARA in the 4th quarter valued at $26,000. Park Square Financial Group LLC bought a new position in MARA during the fourth quarter worth about $27,000. Sterling Capital Management LLC raised its stake in MARA by 358.3% in the 4th quarter. Sterling Capital Management LLC now owns 1,824 shares of the business services provider's stock worth $31,000 after purchasing an additional 1,426 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd boosted its holdings in MARA by 79.3% in the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 1,945 shares of the business services provider's stock valued at $33,000 after purchasing an additional 860 shares during the period. Finally, Spire Wealth Management grew its position in shares of MARA by 26.7% during the 4th quarter. Spire Wealth Management now owns 2,843 shares of the business services provider's stock worth $48,000 after purchasing an additional 599 shares in the last quarter. 44.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at MARA

In other news, CEO Frederick G. Thiel sold 27,505 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $16.68, for a total transaction of $458,783.40. Following the sale, the chief executive officer now owns 3,910,843 shares in the company, valued at $65,232,861.24. This represents a 0.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Salman Hassan Khan sold 16,700 shares of the company's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $15.31, for a total transaction of $255,677.00. Following the sale, the chief financial officer now directly owns 1,773,788 shares in the company, valued at $27,156,694.28. This trade represents a 0.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.80% of the company's stock.

MARA Company Profile

MARA Holdings, Inc operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Digital Holdings, Inc and changed its name to MARA Holdings, Inc in August 2024. MARA Holdings, Inc was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.