In the latest trading session, 10.34 million MARA Holdings Inc (NASDAQ:MARA) shares changed hands as the company’s beta touched 6.42. With the company’s most recent per share price at $10.95 changed hands at -$0.35 or -3.10% at last look, the market valuation stands at $3.79B. MARA’s current price is a discount, trading about -176.53% off its 52-week high of $30.28. The share price had its 52-week low at $9.81, which suggests the last value was 10.41% up since then. When we look at MARA Holdings Inc’s average trading volume, we note the 10-day average is 36.02 million shares, with the 3-month average coming to 38.33 million.
Analysts gave the MARA Holdings Inc (MARA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.07. 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 0.57.
MARA Holdings Inc (NASDAQ:MARA) trade information
Instantly MARA was in red as seen in intraday trades today. With action -4.78%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -34.70%, with the 5-day performance at -4.78% in the red. However, in the 30-day time frame, MARA Holdings Inc (NASDAQ:MARA) is -31.65% down. Looking at the short shares, we see there were 92.91 million shares sold at short interest cover period of 2.07 days.
The consensus price target for the stock as assigned by Wall Street analysts is 25, meaning bulls need an upside of 56.2% from its recent market value. According to analyst projections, MARA’s forecast low is 23 with 33 as the target high. To hit the forecast high, the stock’s price needs a -201.37% plunge from its current level, while the stock would need to soar -110.05% for it to hit the projected low.
MARA Holdings Inc (MARA) estimates and forecasts
Year-over-year growth is forecast to reach 57.10% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 234.19M. 9 analysts are of the opinion that MARA Holdings Inc’s revenue for the current quarter will be 248.53M. The company’s revenue for the corresponding quarters a year ago was 165.2M and 145.14M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 41.77%. The estimates for the next quarter sales put growth at 71.24%.
The 2025 estimates are for MARA Holdings Inc earnings to decrease by -85.98%.
MARA Holdings Inc (NASDAQ:MARA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.73% of MARA Holdings Inc shares while 60.96% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 61.41%. There are 60.96% institutions holding the MARA Holdings Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 15.436% of the shares, roughly 43.02 million MARA shares worth $853.87 million.
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 Feb 28, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 20.51 shares estimated at $249.33 million under it, the former controlled 5.93% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.78% of the shares, roughly 9.6 shares worth around $116.7 million.
