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Analyst Scoreboard: 4 Ratings For MARA Holdings
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Analyst Scoreboard: 4 Ratings For MARA Holdings
Oct 10, 2024 3:47 PM

MARA Holdings ( MARA ) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 2 0 1 0
Last 30D 1 1 0 0 0
1M Ago 0 1 0 0 0
2M Ago 0 0 0 1 0
3M Ago 0 0 0 0 0

Analysts have recently evaluated MARA Holdings ( MARA ) and provided 12-month price targets. The average target is $20.5, accompanied by a high estimate of $27.00 and a low estimate of $12.00. No alteration is observed as the current average remains at the previous average price target.

Understanding Analyst Ratings: A Comprehensive Breakdown

An in-depth analysis of recent analyst actions unveils how financial experts perceive MARA Holdings ( MARA ). The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Brett Knoblauch Cantor Fitzgerald Announces Overweight $21.00 -
Kevin Dede HC Wainwright & Co. Maintains Buy $27.00 $27.00
Paul Golding Macquarie Announces Outperform $22.00 -
Reginald Smith JP Morgan Lowers Underweight $12.00 $14.00

Key Insights:

Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to MARA Holdings ( MARA ). This information offers a snapshot of how analysts perceive the current state of the company.

Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MARA Holdings ( MARA ) compared to the broader market.

Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of MARA Holdings's ( MARA ) market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on MARA Holdings ( MARA ) analyst ratings.

Unveiling the Story Behind MARA Holdings

MARA Holdings Inc ( MARA ) leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value.

Breaking Down MARA Holdings's Financial Performance

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Revenue Growth: MARA Holdings's ( MARA ) remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 77.52%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -137.56%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): MARA Holdings's ( MARA ) ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -7.8%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -6.57%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: With a below-average debt-to-equity ratio of 0.13, MARA Holdings ( MARA ) adopts a prudent financial strategy, indicating a balanced approach to debt management.

What Are Analyst Ratings?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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