MARA Holdings Inc (NASDAQ:MARA) price on Thursday, April 10, fall -4.63% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $11.74.
A look at the stock’s price movement, the close in the last trading session was $12.31, moving within a range at $11.0 and $11.965. The beta value (5-Year monthly) was 6.114 while the PE ratio in trailing twelve months stood at 8.56. Turning to its 52-week performance, $30.28 and $9.81 were the 52-week high and 52-week low respectively. Overall, MARA moved -10.45% over the past month.
MARA Holdings Inc’s market cap currently stands at around $4.06 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Analysts have a consensus estimate of 234.19M for the company’s revenue for the quarter, with a low and high estimate of 212.54M and 269.9M respectively. The average forecast suggests up to a 41.77% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.03B, representing a 57.10% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MARA is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
8 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 5 recommend MARA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MARA’s current price about -5.52% and -17.24% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.02, while 7-day volatility ratio is 17.96% and 9.61% in the 30-day chart. Further, MARA Holdings Inc (MARA) has a beta value of 6.81, and an average true range (ATR) of 1.38. Analysts have given the company’s stock an average 52-week price target of $25, forecast between a low of $23 and high of $33. Looking at the price targets, the low is -95.91% off current price level while to achieve the yearly target high, price needs to move -181.09%. Nonetheless, investors will most likely welcome a -112.95% jump to $25 which is the analysts’ median price.
If we refocus on MARA Holdings Inc (NASDAQ:MARA), historical trading data shows that trading volumes averaged 38.71 over the past 10 days and 38.77 million over the past 3 months. The company’s latest data on shares outstanding shows there are 340.26 million shares.
The 2.43% of MARA Holdings Inc’s shares are in the hands of company insiders while institutional holders own 59.91% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 92.91 million on 2025-03-14, giving us a short ratio of 2.07. The data shows that as of 2025-03-14 short interest in MARA Holdings Inc (MARA) stood at 3534.9998 of shares outstanding, with shares short rising to 80.14 million registered in 2025-02-14. Current price change has pushed the stock -29.99% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MARA stock continues to rise going into the next quarter.
