Marathon Digital/MARA

$17.55

7.63%
-
1D1W1MYTD1YMAX

About Marathon Digital

Marathon Digital Holdings, Inc. is a digital asset technology company, which is focused on supporting and securing the Bitcoin ecosystem. The Company is engaged in owning and operating bitcoin mining facilities or data centers, selling proprietary software or technology to third parties operating in the Bitcoin ecosystem, offering advisory and consulting services to support bitcoin mining ventures in domestic and international jurisdictions, and generating electricity from renewable energy resources or methane gas capture to power bitcoin mining projects. Its business is also active in Bitcoin-related projects related to the technological development of immersion, hardware, firmware, mining pools and side chains that use the blockchain cryptography. It operates approximately 210,000 mining rigs globally, with an installed and energized hash rate of approximately 25.2 and 24.7 exahashes per second, respectively. The Company has mined 12,852 bitcoins.

Ticker

MARA

Sector

Technology

Trading on

NASDAQ

Industry

Software & Programming

CEO

Frederick Thiel

Employees

60

Headquarters

Las vegas, United States

Marathon Digital Metrics

BasicAdvanced
$4.42B
Market cap
16.17
P/E ratio
$1.02
EPS
5.37
Beta
-
Dividend rate
$4.42B
5.36558
$34.09
$7.16
66.04M
30.505
20.153
20.153
9.112
-3.9%
16.39%
25.88%
16.71%
16.168
11.396
2.48
2.733
229.09%
117.66%
346.36%

What the Analysts think about Marathon Digital

Analyst Ratings

Majority rating from 10 analysts.
Hold

Price Targets

Average projection from 8 analysts.
51% upside
High $35.00
Low $19.00
$17.55
Current price
$26.50
Average price target

Marathon Digital Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
142.56% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$156.7M
60.22%
Net income
$223.4M
248.52%
Profit margin
142.56%
117.52%

Marathon Digital Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 1,990.53%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.05
-$0.13
$0.35
$0.66
-
Expected
-$0.08
-$0.07
-$0.10
$0.03
$0.22
Surprise
-35.34%
85.19%
-436.13%
1,990.53%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Marathon Digital stock?

Marathon Digital (MARA) has a market cap of $4.42B as of April 23, 2024.

What is the P/E ratio for Marathon Digital stock?

The price to earnings (P/E) ratio for Marathon Digital (MARA) stock is 16.17 as of April 23, 2024.

Does Marathon Digital stock pay dividends?

No, Marathon Digital (MARA) stock does not pay dividends to its shareholders as of April 23, 2024.

When is the next Marathon Digital dividend payment date?

Marathon Digital (MARA) stock does not pay dividends to its shareholders.

What is the beta indicator for Marathon Digital?

Marathon Digital (MARA) has a beta rating of 5.37. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Marathon Digital stock price target?

The target price for Marathon Digital (MARA) stock is $26.5, which is 51% above the current price of $17.55. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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