HC Wainwright Predicts MARA’s Q1 Earnings (NASDAQ:MARA)

MARA Holdings, Inc. (NASDAQ:MARA) – HC Wainwright cut their Q1 2025 EPS estimates for MARA in a research report issued on Thursday, April 24th. HC Wainwright analyst K. Dede now anticipates that the business services provider will post earnings of ($1.17) per share for the quarter, down from their prior estimate of ($0.18). HC Wainwright has a “Buy” rating and a $28.00 price target on the stock. The consensus estimate for MARA’s current full-year earnings is ($1.04) per share. HC Wainwright also issued estimates for MARA’s Q2 2025 earnings at ($0.22) EPS, Q3 2025 earnings at ($0.26) EPS and FY2025 earnings at ($1.93) EPS.

MARA (NASDAQ:MARA) last issued its quarterly earnings data on Wednesday, February 26th. The business services provider reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.32) by $1.56. The firm had revenue of $214.39 million during the quarter, compared to analysts’ expectations of $187.11 million. MARA had a net margin of 27.48% and a negative return on equity of 8.40%.

MARA has been the subject of several other research reports. Barclays reduced their price target on shares of MARA from $27.00 to $14.00 and set an “equal weight” rating for the company in a report on Monday, March 3rd. Needham & Company LLC reiterated a “hold” rating on shares of MARA in a report on Thursday, February 27th. JPMorgan Chase & Co. reduced their price target on shares of MARA from $23.00 to $18.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Rosenblatt Securities began coverage on shares of MARA in a research report on Friday, March 7th. They issued a “buy” rating and a $19.00 price objective on the stock. Finally, Piper Sandler cut their price objective on shares of MARA from $34.00 to $30.00 and set an “overweight” rating on the stock in a research report on Monday, March 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $22.80.

MARA Stock Up 1.5 %

MARA stock opened at $14.22 on Monday. The stock has a market capitalization of $4.92 billion, a PE ratio of 18.00 and a beta of 6.10. MARA has a twelve month low of $9.81 and a twelve month high of $30.28. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 0.22. The company has a 50 day moving average of $13.01 and a 200-day moving average of $17.47.

Insider Transactions at MARA

In other MARA news, CEO Frederick G. Thiel sold 27,505 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $16.68, for a total transaction of $458,783.40. Following the completion of the transaction, the chief executive officer now directly owns 3,910,843 shares in the company, valued at $65,232,861.24. The trade was a 0.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Salman Hassan Khan sold 16,700 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $15.31, for a total transaction of $255,677.00. Following the transaction, the chief financial officer now owns 1,773,788 shares of the company’s stock, valued at approximately $27,156,694.28. This represents a 0.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Spire Wealth Management raised its position in MARA by 26.7% during the fourth quarter. Spire Wealth Management now owns 2,843 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 599 shares in the last quarter. United Services Automobile Association increased its holdings in shares of MARA by 3.4% during the fourth quarter. United Services Automobile Association now owns 19,065 shares of the business services provider’s stock worth $320,000 after buying an additional 635 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd increased its holdings in shares of MARA by 79.3% during the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 1,945 shares of the business services provider’s stock worth $33,000 after buying an additional 860 shares in the last quarter. Mackenzie Financial Corp increased its holdings in shares of MARA by 5.1% during the fourth quarter. Mackenzie Financial Corp now owns 18,125 shares of the business services provider’s stock worth $304,000 after buying an additional 878 shares in the last quarter. Finally, CoreCap Advisors LLC increased its holdings in shares of MARA by 7.3% during the fourth quarter. CoreCap Advisors LLC now owns 14,541 shares of the business services provider’s stock worth $244,000 after buying an additional 992 shares in the last quarter. 44.53% of the stock is currently owned by institutional investors and hedge funds.

About MARA

MARA Holdings, Inc operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Digital Holdings, Inc and changed its name to MARA Holdings, Inc in August 2024. MARA Holdings, Inc was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.