HC Wainwright Issues Pessimistic Outlook for MARA Earnings

MARA Holdings, Inc. (NASDAQ:MARA) – Investment analysts at HC Wainwright decreased their Q1 2025 earnings per share (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 per share of ($1.17) for the quarter, down from their prior forecast of ($0.18). HC Wainwright currently 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 results on Wednesday, February 26th. The business services provider reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of ($0.32) by $1.56. MARA had a net margin of 27.48% and a negative return on equity of 8.40%. The business had revenue of $214.39 million during the quarter, compared to the consensus estimate of $187.11 million.

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

MARA Trading Down 2.0 %

Shares of MARA stock opened at $14.01 on Monday. The firm has a market cap of $4.84 billion, a PE ratio of 17.73 and a beta of 6.10. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 0.22. MARA has a fifty-two week low of $9.81 and a fifty-two week high of $30.28. The business’s fifty day moving average is $13.05 and its two-hundred day moving average is $17.49.

Institutional Investors Weigh In On MARA

Hedge funds and other institutional investors have recently modified their holdings of the stock. Franklin Resources Inc. grew its stake in MARA by 62.5% in the third quarter. Franklin Resources Inc. now owns 31,621 shares of the business services provider’s stock worth $537,000 after purchasing an additional 12,157 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of MARA by 2.7% in the 3rd quarter. Principal Financial Group Inc. now owns 1,391,916 shares of the business services provider’s stock worth $22,577,000 after acquiring an additional 37,150 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of MARA by 102.0% in the 4th quarter. GAMMA Investing LLC now owns 12,844 shares of the business services provider’s stock valued at $215,000 after acquiring an additional 6,485 shares during the last quarter. Fiduciary Alliance LLC acquired a new stake in shares of MARA during the 4th quarter valued at approximately $397,000. Finally, Arkadios Wealth Advisors acquired a new position in MARA in the fourth quarter worth $231,000. Institutional investors own 44.53% of the company’s stock.

Insider Buying and Selling at MARA

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

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.