Marathon Digital Holdings, Inc. (MARA)
NASDAQ: MARA · IEX Real-Time Price · USD
22.13
+2.68 (13.78%)
May 20, 2024, 1:14 PM EDT - Market open
Marathon Digital Holdings Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for MARA stock have an average target of 19.69, with a low estimate of 8.30 and a high estimate of 27. The average target predicts a decrease of -11.03% from the current stock price of 22.13.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MARA stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 4 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $35 → $27 | Strong Buy | Maintains | $35 → $27 | +22.01% | May 10, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $19 → $18 | Hold | Maintains | $19 → $18 | -18.66% | May 10, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 10, 2024 |
| Chardan Capital | Chardan Capital | Hold Maintains $30 → $21 | Hold | Maintains | $30 → $21 | -5.11% | May 8, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $16 → $17 | Sell | Maintains | $16 → $17 | -25.44% | Apr 10, 2024 |
Financial Forecast
Revenue This Year
777.06M
from 387.51M
Increased by 100.53%
Revenue Next Year
1.03B
from 777.06M
Increased by 32.29%
EPS This Year
0.66
from 1.06
Decreased by -37.51%
EPS Next Year
0.41
from 0.66
Decreased by -38.53%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.0B | 1.5B | 866.3M |
| Avg | 777.1M | 1.0B | 841.5M |
| Low | 542.5M | 617.1M | 808.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 160.9% | 97.9% | -15.7% |
| Avg | 100.5% | 32.3% | -18.1% |
| Low | 40.0% | -20.6% | -21.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.99 | 1.35 | 1.05 |
| Avg | 0.66 | 0.41 | 0.96 |
| Low | 0.02 | -0.31 | 0.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 88.2% | 104.5% | 157.9% |
| Avg | -37.5% | -38.5% | 136.7% |
| Low | -98.4% | - | 114.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.