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

MARA Holdings, Inc. (NASDAQ:MARA) – Investment analysts at HC Wainwright issued their Q1 2025 earnings per share estimates for shares of MARA in a research report issued to clients and investors on Thursday, February 27th. HC Wainwright analyst K. Dede forecasts that the business services provider will post earnings per share of ($0.18) for the quarter. 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 ($0.21) EPS, Q3 2025 earnings at ($0.25) EPS, Q4 2025 earnings at ($0.28) EPS and FY2025 earnings at ($0.91) EPS.

MARA has been the subject of several other reports. Piper Sandler decreased their price target on MARA from $34.00 to $30.00 and set an “overweight” rating for the company in a report on Monday. JPMorgan Chase & Co. raised MARA from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $12.00 to $23.00 in a research note on Tuesday, December 10th. Barclays cut their price objective on MARA from $27.00 to $14.00 and set an “equal weight” rating for the company in a research report on Monday. Macquarie upped their price target on shares of MARA from $22.00 to $29.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Finally, B. Riley boosted their price objective on shares of MARA from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $23.78.

MARA Stock Performance

NASDAQ MARA opened at $13.79 on Monday. MARA has a 52-week low of $12.05 and a 52-week high of $30.28. The business’s 50-day moving average price is $17.52 and its 200 day moving average price is $18.46. 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 firm has a market cap of $4.68 billion, a P/E ratio of 17.46 and a beta of 5.76.

MARA (NASDAQ:MARA) last announced its earnings results on Wednesday, February 26th. The business services provider reported $1.24 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $187.11 million.

Hedge Funds Weigh In On MARA

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Creative Planning increased its holdings in MARA by 17.2% during the 3rd quarter. Creative Planning now owns 33,864 shares of the business services provider’s stock worth $549,000 after purchasing an additional 4,974 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of MARA by 1,522.0% in the 3rd quarter. International Assets Investment Management LLC now owns 19,561 shares of the business services provider’s stock worth $317,000 after purchasing an additional 18,355 shares during the last quarter. New York State Teachers Retirement System lifted its position in shares of MARA by 2.0% during the third quarter. New York State Teachers Retirement System now owns 275,957 shares of the business services provider’s stock worth $4,476,000 after purchasing an additional 5,479 shares during the last quarter. First Trust Direct Indexing L.P. bought a new stake in MARA in the third quarter valued at about $166,000. Finally, Financial Advocates Investment Management raised its stake in MARA by 5.2% during the third quarter. Financial Advocates Investment Management now owns 14,201 shares of the business services provider’s stock valued at $230,000 after buying an additional 700 shares in the last quarter. 44.53% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at MARA

In related news, CEO Frederick G. Thiel sold 27,505 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $23.50, for a total transaction of $646,367.50. Following the completion of the sale, the chief executive officer now directly owns 4,128,090 shares of the company’s stock, valued at approximately $97,010,115. This represents a 0.66 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Salman Hassan Khan sold 16,700 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $23.50, for a total value of $392,450.00. Following the transaction, the chief financial officer now directly owns 1,836,129 shares in the company, valued at $43,149,031.50. This trade represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 101,215 shares of company stock worth $2,033,766 in the last ninety days. Insiders own 0.80% of the company’s stock.

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.