MARA Holdings Inc (NASDAQ:MARA), Stock Drops -41.60% Far This Year; What Analysts Say Next?

In last trading session, MARA Holdings Inc (NASDAQ:MARA) saw 20.5 million shares changing hands with its beta currently measuring 5.92. Company’s recent per share price level of $15.78 trading at -$0.27 or -1.68% at ring of the bell on the day assigns it a market valuation of $5.36B. That closing price of MARA’s stock is at a discount of -116.03% from its 52-week high price of $34.09 and is indicating a premium of 16.6% from its 52-week low price of $13.16.

For MARA Holdings Inc (MARA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.29. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.08 in the current quarter.

MARA Holdings Inc (NASDAQ:MARA) trade information

Upright in the red during last session for losing -1.68%, in the last five days MARA remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $15.78 price level, adding 8.79% to its value on the day. MARA Holdings Inc’s shares saw a change of -5.90% in year-to-date performance and have moved -1.50% in past 5-day. MARA Holdings Inc (NASDAQ:MARA) showed a performance of -20.74% in past 30-days.

Wall Street analysts have assigned a consensus price target of 24 to the stock, which implies a rise of 34.25% to its current value. Analysts have been projecting 22 as a low price target for the stock while placing it at a high target of 33. It follows that stock’s current price would drop -39.42% in reaching the projected high whereas dropping to the targeted low would mean a loss of -39.42% for stock’s current value.

MARA Holdings Inc (MARA) estimates and forecasts

This year revenue growth is estimated to rise 62.97% from the last financial year’s standing.

11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 187.11M for the same. And 8 analysts are in estimates of company making revenue of 216.59M in the next quarter. Company posted 156.77M and 165.2M of sales in current and next quarters respectively a year earlier.

MARA Holdings Inc (NASDAQ:MARA)’s Major holders

BLACKROCK INC. is the top institutional holder at MARA for having 43.02 million shares of worth $853.87 million. And as of 2024-06-30, it was holding 16.6022 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 32.29 million shares on 2024-06-30. The number of shares represents firm’s hold over 12.463 of outstanding shares, having a total worth of $640.99 million.

On the other hand, iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 19.06 shares of worth $300.82 million or 5.62% of the total outstanding shares. The later fund manager was in possession of 8.88 shares on Sep 30, 2024 , making its stake of worth around $140.13 million in the company or a holder of 2.62% of company’s stock.