In the latest trading session, 14.19 million MARA Holdings Inc (NASDAQ:MARA) shares changed hands as the company’s beta touched 5.96. With the company’s most recent per share price at $12.73 changed hands at -$1.16 or -8.39% at last look, the market valuation stands at $4.32B. MARA’s current price is a discount, trading about -167.79% off its 52-week high of $34.09. The share price had its 52-week low at $13.16, which suggests the last value was -3.38% down since then.
Analysts gave the MARA Holdings Inc (MARA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.29. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended MARA as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. MARA Holdings Inc’s EPS for the current quarter is expected to be -0.08.
MARA Holdings Inc (NASDAQ:MARA) trade information
Instantly MARA was in red as seen in intraday trades today. With action -20.72%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -24.12%, with the 5-day performance at -20.72% in the red. However, in the 30-day time frame, MARA Holdings Inc (NASDAQ:MARA) is -36.34% down.
The consensus price target for the stock as assigned by Wall Street analysts is 24, meaning bulls need an upside of 46.96% from its recent market value. According to analyst projections, MARA’s forecast low is 22 with 33 as the target high. To hit the forecast high, the stock’s price needs a -159.23% plunge from its current level, while the stock would need to soar -72.82% for it to hit the projected low.
MARA Holdings Inc (MARA) estimates and forecasts
Year-over-year growth is forecast to reach 62.97% up from the last financial year.
Consensus estimates given by 11 financial analysts project the company’s revenue in the current quarter to hit an average of 187.11M. 8 analysts are of the opinion that MARA Holdings Inc’s revenue for the current quarter will be 216.59M. The company’s revenue for the corresponding quarters a year ago was 156.77M and 165.2M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 19.35%. The estimates for the next quarter sales put growth at 31.11%.
The 2025 estimates are for MARA Holdings Inc earnings to decrease by -94.08%.
MARA Holdings Inc (NASDAQ:MARA)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 12.463% or 32.29 million shares worth $640.99 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund. With 19.06 shares estimated at $236.77 million under it, the former controlled 5.62% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.62% of the shares, roughly 8.88 shares worth around $110.29 million.
