Marathon Digital Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Digital in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Marathon Digital stock.
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Marathon Digital is scheduled to release its next quarterly earnings announcement on Thursday, May 13th 2021.
View our earnings forecast for Marathon Digital.

Marathon Digital Holdings, Inc. (NASDAQ:MARA) posted its quarterly earnings data on Monday, March, 15th. The business services provider reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.07. The business services provider earned $2.64 million during the quarter, compared to analyst estimates of $2.60 million. Marathon Digital had a negative net margin of 319.69% and a negative trailing twelve-month return on equity of 48.25%.
View Marathon Digital's earnings history.

Marathon Digital's stock was trading at $0.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MARA stock has increased by 4,312.7% and is now trading at $31.33.
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Marathon Digital's stock reverse split on Monday, October 30th 2017. The 1-4 reverse split was announced on Friday, October 27th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, October 27th 2017. An investor that had 100 shares of Marathon Digital stock prior to the reverse split would have 25 shares after the split.

1 Wall Street analysts have issued twelve-month price targets for Marathon Digital's stock. Their forecasts range from $50.00 to $50.00. On average, they expect Marathon Digital's stock price to reach $50.00 in the next twelve months. This suggests a possible upside of 59.6% from the stock's current price.
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Some companies that are related to Marathon Digital include Dolby Laboratories (DLB), Digital Turbine (APPS), InterDigital (IDCC), Franchise Group (FRG), The Joint (JYNT), Liberty Tax (TAXA), VirnetX (VHC), Acacia Research (ACTG), Quarterhill (QTRHF), Pendrell (PCOA), Research Frontiers (REFR), Network-1 Technologies (NTIP), Xcel Brands (XELB), MGT Capital Investments (MGTI) and Health Discovery (HDVY).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Marathon Digital investors own include Sierra Wireless (SWIR), Riot Blockchain (RIOT), Sorrento Therapeutics (SRNE), Advanced Micro Devices (AMD), Biocept (BIOC), Bausch Health Companies (BHC), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA) and iBio (IBIO).

Marathon Digital trades on the NASDAQ under the ticker symbol "MARA."

Marathon Digital's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (1.60%), Bank of Nova Scotia (0.13%), Cambridge Investment Research Advisors Inc. (0.04%), Sigma Planning Corp (0.02%), Commonwealth Equity Services LLC (0.02%) and Arkadios Wealth Advisors (0.01%). Company insiders that own Marathon Digital stock include David Philip Lieberman, James Crawford, Merrick D Okamoto, Michael Carroll Berg, Michael Rudolph, Peter Benz and Simeon Salzman.
View institutional ownership trends for Marathon Digital.

MARA stock was sold by a variety of institutional investors in the last quarter, including Commonwealth Equity Services LLC. Company insiders that have sold Marathon Digital company stock in the last year include David Philip Lieberman, James Crawford, Merrick D Okamoto, Michael Carroll Berg, Michael Rudolph, Peter Benz, and Simeon Salzman.
View insider buying and selling activity for Marathon Digital or view top insider-selling stocks.

MARA stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of Nova Scotia, Cambridge Investment Research Advisors Inc., Sigma Planning Corp, Arkadios Wealth Advisors, Private Advisor Group LLC, Alliancebernstein L.P., and Covenant Asset Management LLC.
View insider buying and selling activity for Marathon Digital or or view top insider-buying stocks.

Shares of MARA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MARA stock can currently be purchased for approximately $31.33.

Marathon Digital has a market capitalization of $3.10 billion and generates $1.18 million in revenue each year. The business services provider earns $-3,520,000.00 in net income (profit) each year or ($0.53) on an earnings per share basis.

Marathon Digital employs 3 workers across the globe.

The official website for Marathon Digital is www.marathonpg.com.

Marathon Digital is headquartered at 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144.

Marathon Digital's mailing address is 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144. The business services provider can be reached via phone at 702-945-2773 or via email at [email protected]