MARA (NASDAQ:MARA – Get Free Report) issued its earnings results on Monday. The business services provider reported $1.28 EPS for the quarter, beating the consensus estimate of ($0.39) by $1.67, FiscalAI reports. The business had revenue of $164.23 million for the quarter, compared to the consensus estimate of $183.24 million. MARA had a negative return on equity of 26.05% and a negative net margin of 429.71%.
MARA Stock Performance
Shares of MARA traded up $0.29 during trading hours on Monday, hitting $6.64. The stock had a trading volume of 42,255,412 shares, compared to its average volume of 44,934,086. The firm has a market capitalization of $2.57 billion, a PE ratio of -0.72 and a beta of 5.23. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.89 and a quick ratio of 0.89. MARA has a 12 month low of $5.69 and a 12 month high of $16.62. The stock has a fifty day moving average price of $9.88 and a 200 day moving average price of $10.68.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $15.00 price target on shares of MARA in a report on Friday, August 7th. HC Wainwright started coverage on MARA in a research report on Friday, September 11th. They set a “buy” rating and a $20.00 price objective on the stock. JPMorgan Chase & Co. downgraded MARA from an “overweight” rating to an “underweight” rating and reduced their price objective for the stock from $13.00 to $11.00 in a report on Monday, September 14th. Piper Sandler reissued an “overweight” rating and issued a $11.00 target price (down from $13.00) on shares of MARA in a research report on Tuesday, October 20th. Finally, Morgan Stanley set a $10.00 target price on shares of MARA and gave the company an “underweight” rating in a research note on Friday, October 9th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, MARA has a consensus rating of “Hold” and an average target price of $17.78.
Check Out Our Latest Report on MARA
Insider Buying and Selling at MARA
In other MARA news, CEO Frederick Thiel sold 27,505 shares of the firm’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $6.79, for a total value of $186,758.95. Following the transaction, the chief executive officer directly owned 4,149,585 shares of the company’s stock, valued at approximately $28,175,682.15. This trade represents a 0.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Zabi Nowaid sold 8,376 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $12.00, for a total value of $100,512.00. Following the completion of the transaction, the general counsel directly owned 898,780 shares in the company, valued at $10,785,360. The trade was a 0.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 134,396 shares of company stock valued at $1,311,490. 0.97% of the stock is owned by company insiders.
MARA News Summary
Here are the key news stories impacting MARA this week:
- Positive Sentiment: MARA reported earnings of $1.28 per share, well above analysts’ consensus estimate of a $0.39-per-share loss. It also mined 2,247 bitcoin during the quarter, while continuing its push into AI and cloud infrastructure—potentially broadening its business beyond bitcoin mining. MARA Q3 highlights
- Neutral Sentiment: The company’s AI and cloud expansion may offer future diversification, but the available report does not quantify its contribution or near-term financial impact. MARA third-quarter results
- Negative Sentiment: Revenue was $164.23 million, below analysts’ $183.24 million estimate. MARA also posted a negative net margin of 429.71% and negative return on equity, underscoring that the earnings-per-share beat does not erase significant profitability concerns. MARA earnings details
- Negative Sentiment: Crypto-related shares had been under pressure: a preview article noted MARA and other crypto stocks were down at least 37% since September 30, leaving the company exposed to weak sector sentiment alongside its earnings shortfall. Crypto earnings preview
MARA Company Profile
MARA Holdings, Inc, formerly known as Marathon Digital Holdings, is a digital energy and infrastructure company focused primarily on Bitcoin mining. It develops and operates data-center infrastructure and specialized computing systems used to validate transactions on the Bitcoin network and earn bitcoin rewards.
The company also works on energy-related strategies to support its computing operations, including using energy sources and infrastructure that can help power data centers. Its operations are concentrated in the United States, with expansion into international markets.
Marathon Patent Group, the company’s predecessor, was founded in 2010 and later shifted its focus to digital assets and Bitcoin mining.
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