MARA (MARA) Stock Price, News & Analysis

Company Overview

MARA Holdings, Inc. (NASDAQ: MARA), formerly known as Marathon Digital Holdings, is a digital asset technology company focused primarily on mining bitcoin. The company operates specialized data centers containing application-specific integrated circuit (ASIC) computers that process transactions and secure the Bitcoin network in exchange for bitcoin rewards.

In addition to bitcoin mining, MARA develops and operates digital asset computing infrastructure. Its activities include managing energy and data-center resources, deploying mining hardware, and pursuing technologies designed to improve the efficiency and scalability of digital asset mining. The company has also explored opportunities to monetize energy resources and support broader applications for its computing infrastructure.

The company traces its history to Marathon Patent Group and adopted the Marathon Digital Holdings name as it expanded its focus on cryptocurrency mining. In 2024, it began operating under the MARA Holdings name. MARA has developed and supported mining operations in the United States and has pursued international infrastructure initiatives, including projects in the Middle East and other regions. Fred Thiel serves as the company's chairman and chief executive officer.

Key Stats

• Today's Range: $10.16 to $10.83
• 50-Day Range: $8.96 to $13.63
• 52-Week Range: $6.66 to $23.45
• Volume: 36.69 million shs
• Average Volume: 43.31 million shs
• Market Capitalization: $4.00 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $19.20
• Consensus Rating: Hold

MARA Stock Analysis - MarketRank™

MARA scored higher than 77% of companies evaluated by MarketBeat, and ranked 165th out of 598 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

MARA has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on no strong buy ratings, 8 buy ratings, 1 hold rating, and 3 sell ratings.

Upside Potential

MARA has a consensus price target of $19.20, representing about 85.3% upside from its current price of $10.36.

Amount of Analyst Coverage

MARA has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for MARA are expected to grow in the coming year, from ($1.65) to ($1.00) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MARA is -1.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of MARA is -1.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

MARA has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

27.34% of the float of MARA has been sold short.

Short Interest Ratio / Days to Cover

MARA has a short interest ratio ("days to cover") of 2.38, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MARA has recently decreased by 5.01%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MARA does not currently pay a dividend.

Dividend Growth

MARA does not have a long track record of dividend growth.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 0.36

News Sentiment

MARA has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Technology companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for MARA this week, compared to 8 articles on an average week.

Search Interest

39 people have searched for MARA on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.

MarketBeat Follows

11 people have added MARA to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days.

Company Ownership

• Score: 1.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, MARA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,124,731.00 in company stock.

Percentage Held by Insiders

0.97% of the stock of MARA is held by insiders.

Percentage Held by Institutions

44.53% of the stock of MARA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/06/2026
• Today: 10/08/2026
• Next Earnings (Estimated): 11/03/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:MARA
• Previous Symbol: NASDAQ:MARA
• CIK: 1507605
• Web: www.mara.com
• Phone: (800) 804-1690
• Fax: 703-956-2521
• Employees: 266
• Year Founded: 2010

Price Target and Rating

• Average Price Target for MARA: $19.20
• High Price Target: $30.00
• Low Price Target: $11.00
• Potential Upside/Downside: +85.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.42
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): ($9.16)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$1.31 billion
• Net Margins: -429.71%
• Pretax Margin: -452.17%
• Return on Equity: -26.05%
• Return on Assets: -12.73%

Debt

• Debt-to-Equity Ratio: 1.15
• Current Ratio: 0.89
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $907.09 million
• Price / Sales: 4.41
• Cash Flow: $0.22 per share
• Price / Cash Flow: 47.27
• Book Value: $9.19 per share
• Price / Book: 1.13

Miscellaneous

• Outstanding Shares: 386,300,000
• Free Float: 382,552,000
• Market Cap: $4.00 billion
• Optionable: Optionable
• Beta: 5.33