
MARA Stock Forecast & Price Target
MARA Analyst Ratings
Bulls say
MARA Holdings Inc. reported a revenue of $252.4 million, reflecting a substantial year-over-year increase of 92%, driven by higher Bitcoin prices and increased production levels. The company's energetic hash rate improved to 60.4 EH/s, contributing to higher mining yields and exemplifying its effective operational strategies amid a competitive mining environment. Additionally, MARA's Bitcoin holdings rose to 52,850 BTC, representing a nearly 98% increase year-over-year, cementing its position as the second-largest public corporate holder of Bitcoin.
Bears say
MARA Holdings Inc faces a negative outlook primarily due to a lack of detail and slowing growth in its core mining operations, leading to an estimated revenue decline of approximately 10%. Moreover, the company's reliance on Bitcoin valuations for both mining revenue and balance sheet strength compounds risks, especially in the context of potential regulatory scrutiny that may increase compliance costs and limit operational capabilities. Lastly, MARA's significant dependence on stable and competitively priced energy supply raises concerns about profitability amid rising energy costs or supply interruptions.
This aggregate rating is based on analysts' research of Marathon Digital Holdings and is not a guaranteed prediction by Public.com or investment advice.
MARA Analyst Forecast & Price Prediction
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