Evaluating Marathon Digital Holdings: Insights From 7 Financial Analysts

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Throughout the last three months, 7 analysts have evaluated Marathon Digital Holdings MARA, offering a diverse set of opinions from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 0 4 1 0
Last 30D 0 0 1 0 0
1M Ago 0 0 1 1 0
2M Ago 1 0 0 0 0
3M Ago 1 0 2 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $26.5, a high estimate of $35.00, and a low estimate of $16.50. This current average reflects an increase of 12.77% from the previous average price target of $23.50.

Understanding Analyst Ratings: A Comprehensive Breakdown

The analysis of recent analyst actions sheds light on the perception of Marathon Digital Holdings by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Lucas Pipes B. Riley Securities Lowers Neutral $18.00 $19.00
Brian Dobson Chardan Capital Lowers Neutral $21.00 $30.00
Reginald Smith JP Morgan Raises Underweight $16.50 $16.00
Kevin Dede HC Wainwright & Co. Maintains Buy $35.00 -
Brian Dobson Chardan Capital Raises Neutral $30.00 $26.00
Brian Dobson Chardan Capital Raises Neutral $30.00 $26.00
Kevin Dede HC Wainwright & Co. Raises Buy $35.00 $24.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Marathon Digital Holdings. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Marathon Digital Holdings compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Marathon Digital Holdings's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Marathon Digital Holdings's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Marathon Digital Holdings analyst ratings.

Unveiling the Story Behind Marathon Digital Holdings

Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company currently operates in the Digital Currency Blockchain segment. The Crypto-currency Machines are located in the United States.

Unraveling the Financial Story of Marathon Digital Holdings

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Marathon Digital Holdings's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 451.67%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Marathon Digital Holdings's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 143.86%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Marathon Digital Holdings's ROE excels beyond industry benchmarks, reaching 17.11%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Marathon Digital Holdings's ROA stands out, surpassing industry averages. With an impressive ROA of 13.37%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Marathon Digital Holdings's debt-to-equity ratio is below the industry average at 0.2, reflecting a lower dependency on debt financing and a more conservative financial approach.

How Are Analyst Ratings Determined?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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

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