Research Analysts Offer Predictions for MARA Q1 Earnings

MARA Holdings, Inc. (NASDAQ:MARA - Free Report) - Equities researchers at B. Riley issued their Q1 2025 earnings per share estimates for shares of MARA in a report released on Monday, April 28th. B. Riley analyst N. Giles forecasts that the business services provider will earn ($0.11) per share for the quarter. The consensus estimate for MARA's current full-year earnings is ($1.04) per share. B. Riley also issued estimates for MARA's Q2 2025 earnings at ($0.15) EPS, Q3 2025 earnings at ($0.15) EPS, Q4 2025 earnings at ($0.14) EPS, FY2025 earnings at ($0.56) EPS and FY2026 earnings at ($0.62) EPS.

Several other equities analysts also recently commented on the stock. JPMorgan Chase & Co. cut their price target on shares of MARA from $23.00 to $18.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. HC Wainwright reiterated a "buy" rating and issued a $28.00 price target on shares of MARA in a report on Thursday, April 24th. Barclays dropped their price objective on MARA from $27.00 to $14.00 and set an "equal weight" rating for the company in a report on Monday, March 3rd. Rosenblatt Securities initiated coverage on MARA in a research report on Friday, March 7th. They set a "buy" rating and a $19.00 target price for the company. Finally, Needham & Company LLC restated a "hold" rating on shares of MARA in a report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $22.80.

MARA Trading Up 3.1 %

MARA traded up $0.43 during trading on Thursday, reaching $14.48. The company had a trading volume of 56,508,567 shares, compared to its average volume of 45,237,572. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 0.22. The business has a 50 day simple moving average of $13.03 and a 200-day simple moving average of $17.41. The stock has a market cap of $5.10 billion, a P/E ratio of 18.33 and a beta of 6.82. MARA has a 52 week low of $9.81 and a 52 week high of $30.28.

MARA (NASDAQ:MARA - Get Free Report) last released 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. The company had revenue of $214.39 million during the quarter, compared to analyst estimates of $187.11 million. MARA had a negative return on equity of 8.40% and a net margin of 27.48%.

Hedge Funds Weigh In On MARA

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Franklin Resources Inc. increased its holdings in shares of MARA by 62.5% in the third quarter. Franklin Resources Inc. now owns 31,621 shares of the business services provider's stock valued at $537,000 after purchasing an additional 12,157 shares during the period. Principal Financial Group Inc. lifted its stake in MARA by 2.7% during the 3rd quarter. Principal Financial Group Inc. now owns 1,391,916 shares of the business services provider's stock valued at $22,577,000 after acquiring an additional 37,150 shares during the period. GAMMA Investing LLC boosted its holdings in shares of MARA by 102.0% in the 4th quarter. GAMMA Investing LLC now owns 12,844 shares of the business services provider's stock valued at $215,000 after acquiring an additional 6,485 shares during the last quarter. Fiduciary Alliance LLC acquired a new stake in shares of MARA in the fourth quarter worth $397,000. Finally, Arkadios Wealth Advisors purchased a new position in shares of MARA during the fourth quarter worth $231,000. Hedge funds and other institutional investors own 44.53% of the company's stock.

Insider Buying and Selling at MARA

In other MARA news, CFO Salman Hassan Khan sold 16,700 shares of the firm's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $15.31, for a total value of $255,677.00. Following the completion of the sale, the chief financial officer now owns 1,773,788 shares of the company's stock, valued at approximately $27,156,694.28. This trade represents a 0.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Frederick G. Thiel sold 27,505 shares of MARA 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 completion of the sale, the chief executive officer now owns 3,910,843 shares of the company's stock, valued at $65,232,861.24. This trade represents a 0.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.80% of the stock is owned by insiders.

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.