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S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
3rd Massive Dollar Upheaval Has Started (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
3rd Massive Dollar Upheaval Has Started (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
3rd Massive Dollar Upheaval Has Started (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
NASDAQ:MARA

Marathon Digital - MARA Stock Forecast, Price & News

$14.43
+0.26 (+1.83%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.25
$15.78
50-Day Range
$5.34
$14.43
52-Week Range
$5.20
$83.45
Volume
19.63 million shs
Average Volume
14.54 million shs
Market Capitalization
$1.53 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$24.13

Marathon Digital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
67.2% Upside
$24.13 Price Target
Short Interest
Healthy
30.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of Marathon Digital in the last 14 days
Based on 19 Articles This Week
Insider Trading
Acquiring Shares
$148,533 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.03) to $3.04 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.49 out of 5 stars

Business Services Sector

100th out of 431 stocks

Data Processing & Preparation Industry

25th out of 101 stocks

MARA stock logo

About Marathon Digital (NASDAQ:MARA) Stock

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. As of December 31, 2021, it had approximately 8,115 bitcoins, which included the 4,794 bitcoins held in the investment fund. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada.

Marathon Digital Trading Up 1.8 %

NASDAQ:MARA traded up $0.25 on Monday, reaching $14.42. The stock had a trading volume of 533,189 shares, compared to its average volume of 14,408,549. Marathon Digital has a 1-year low of $5.20 and a 1-year high of $83.45. The company has a debt-to-equity ratio of 0.94, a quick ratio of 40.00 and a current ratio of 40.00. The firm has a fifty day moving average of $8.94 and a two-hundred day moving average of $17.04.

Analyst Ratings Changes

Several equities research analysts have issued reports on MARA shares. Chardan Capital initiated coverage on shares of Marathon Digital in a research note on Friday, June 3rd. They issued a "buy" rating and a $19.00 price target on the stock. Cowen assumed coverage on Marathon Digital in a research report on Friday, June 24th. They set a "market perform" rating and a $7.00 price target for the company. BTIG Research dropped their price objective on Marathon Digital from $50.00 to $16.00 and set a "buy" rating on the stock in a research note on Friday, June 3rd. Cowen initiated coverage on shares of Marathon Digital in a research note on Friday, June 24th. They issued a "market perform" rating and a $7.00 target price for the company. Finally, B. Riley cut their target price on shares of Marathon Digital from $9.00 to $8.00 and set a "neutral" rating for the company in a research note on Tuesday, July 12th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, Marathon Digital presently has an average rating of "Moderate Buy" and a consensus target price of $24.13.

Insiders Place Their Bets

In related news, Director Kevin A. Denuccio purchased 15,424 shares of the business's stock in a transaction that occurred on Thursday, May 12th. The stock was acquired at an average cost of $9.63 per share, for a total transaction of $148,533.12. Following the completion of the purchase, the director now owns 99,999 shares in the company, valued at approximately $962,990.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 5.86% of the company's stock.

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MARA Stock News Headlines

Why Bitcoin-Related Stock Marathon Digital Is Sliding After Hours
Marathon Digital (MARA) to Release Earnings on Monday
Marathon Digital (NASDAQ:MARA) Stock Price Up 10.8%
2 Stocks to Avoid Amid the Crypto Bloodbath
Bitcoin-Linked Stock Marathon Digital Is Surging: What's Going On?
See More Headlines
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MARA Company Calendar

Last Earnings
11/10/2021
Today
8/09/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:MARA
Employees
10
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$24.13
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+67.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$-36,170,000.00
Pretax Margin
-58.94%

Debt

Sales & Book Value

Annual Sales
$150.46 million
Cash Flow
$1.82 per share
Book Value
$6.66 per share

Miscellaneous

Free Float
100,079,000
Market Cap
$1.53 billion
Optionable
Optionable
Beta
5.34














MARA Stock - Frequently Asked Questions

Should I buy or sell Marathon Digital stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Digital in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MARA shares.
View MARA analyst ratings
or view top-rated stocks.

What is Marathon Digital's stock price forecast for 2022?

8 brokerages have issued 1 year target prices for Marathon Digital's shares. Their MARA share price forecasts range from $7.00 to $65.00. On average, they predict the company's stock price to reach $24.13 in the next year. This suggests a possible upside of 67.2% from the stock's current price.
View analysts price targets for MARA
or view top-rated stocks among Wall Street analysts.

How has Marathon Digital's stock performed in 2022?

Marathon Digital's stock was trading at $32.86 at the beginning of the year. Since then, MARA stock has decreased by 56.1% and is now trading at $14.43.
View the best growth stocks for 2022 here
.

How were Marathon Digital's earnings last quarter?

Marathon Digital Holdings, Inc. (NASDAQ:MARA) issued its earnings results on Wednesday, November, 10th. The business services provider reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by $0.65. The business services provider earned $51.71 million during the quarter, compared to analyst estimates of $75.05 million. Marathon Digital had a positive trailing twelve-month return on equity of 19.68% and a negative net margin of 68.64%.

When did Marathon Digital's stock split?

Shares of Marathon Digital 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 stock prior to the reverse split would have 25 shares after the split.

What other stocks do shareholders of Marathon Digital own?

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).

What is Marathon Digital's stock symbol?

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

Who are Marathon Digital's major shareholders?

Marathon Digital's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wolverine Asset Management LLC (0.00%), Mirae Asset Global Investments Co. Ltd. (0.91%), Van ECK Associates Corp (0.36%), Exchange Traded Concepts LLC (0.33%), Advisor Resource Council (0.21%) and SG Americas Securities LLC (0.00%). Insiders that own company stock include David Philip Lieberman, James Crawford, Kevin A Denuccio, Merrick D Okamoto, Michael Carroll Berg, Michael Rudolph, Peter Benz and Simeon Salzman.
View institutional ownership trends
.

How do I buy shares of Marathon Digital?

Shares of MARA stock 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.
Compare Top Brokerages Here.

What is Marathon Digital's stock price today?

One share of MARA stock can currently be purchased for approximately $14.43.

How much money does Marathon Digital make?

Marathon Digital (NASDAQ:MARA) has a market capitalization of $1.53 billion and generates $150.46 million in revenue each year. The business services provider earns $-36,170,000.00 in net income (profit) each year or ($1.34) on an earnings per share basis.

How many employees does Marathon Digital have?

Marathon Digital employs 10 workers across the globe.

How can I contact Marathon Digital?

Marathon Digital's mailing address is 1180 North Town Center Drive Suite 100, LAS VEGAS NV, 89144. The official website for the company is www.marathonpg.com. The business services provider can be reached via phone at (800) 804-1690, via email at jason@marathonpg.com, or via fax at 703-956-2521.

This page (NASDAQ:MARA) was last updated on 8/9/2022 by MarketBeat.com Staff

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