MARA Holdings stock | 2026 rating, price & analyst opinions

MARA Holdings

NasdaqCM:MARA

$ 8,02

$-0,56 (-6,53%)

8,02 $

$-0,56 (-6,53%)

End-of-day quote: 03/27/2026

MARA Holdings Stock Value

The current analyst recommendation for NasdaqCM:MARA is: Outperform.

Outperform

MARA Holdings Company Info

EPS Growth 5Y

39,30%

Market Cap

$3,26 B

Long-Term Debt

$2,45 B

Short Interest

2,36%

Quarterly earnings

05/08/2026 (E)

Dividend

$0,00

Dividend Yield

0,00%

Founded

2010

Industry

Information Technology

Country

United States

ISIN Number

US5657881067

Website

http://www.mara.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$13,00

62.09%

Last Update: 03/26/2026

Analysts: 11

Highest Price Target $30,00

Average Price Target $13,00

Lowest Price Target $8,00

In the last five quarters, MARA Holdings’s Price Target has fallen from $27,71 to $22,04 - a -20,46% decrease. Eleven analysts predict that MARA Holdings’s share price will increase in the coming year, reaching $13,00. This would represent an increase of 62,09%.

Top growth stocks in the information technology sector (5Y.)

What does MARA Holdings do?

MARA Holdings, Inc. (MARA), together with its subsidiaries, leverages digital asset compute that develops and deploys innovative technologies to build a more sustainable future. MARA secures the world’s preeminent blockchain ledger and supports the energy transformation by converting clean, stranded, or otherwise underutilized energy into economic value. The company also offers advanced technology solutions to optimize data center operations, including next-generation liquid immersion cooling a...

MARA Holdings, Inc. (MARA), together with its subsidiaries, leverages digital asset compute that develops and deploys innovative technologies to build a more sustainable future.

MARA secures the world’s preeminent blockchain ledger and supports the energy transformation by converting clean, stranded, or otherwise underutilized energy into economic value. The company also offers advanced technology solutions to optimize data center operations, including next-generation liquid immersion cooling and firmware for bitcoin miners. The company is primarily focused on computing for, acquiring, and holding digital assets as a long-term investment.

MARA is a global leader in leveraging digital asset compute to support the energy transformation, with operations on four continents and 16 data centers in North America, the Middle East, Europe, and Latin America. The company employs different strategies and structures (self-owned, joint ventures, and third-party hosted) to diversify risk across the organization. During the year, the company decided to diversify its portfolio of assets and increased the proportion of its owned mining sites, exiting the year at approximately 70% owned capacity.

The company’s core business is bitcoin mining, and it produces, or ‘mines,’ bitcoin using one of the industry’s largest and most energy-efficient fleets of specialized computers, while providing dispatchable compute as an optionality to the electric grid operators to balance electric demands on the grid. The company is exploring low-cost energy initiatives through its owned power generation business, which focuses on disintermediating pipelines and powerlines by locating operations directly at energy sources, such as renewable energy sites and methane gas capture locations.

The company acquired an electric generating wind farm facility to utilize last-generation bitcoin mining rigs to provide an avenue for the hardware to continue operating profitably beyond its normal lifecycle.

In addition, the company is expanding its involvement in complementary businesses that align with its core competencies and strategic goals. This includes the sale of data center infrastructure, such as immersion-cooled systems, to third parties operating in the bitcoin ecosystem and the artificial intelligence (‘AI’) and high-performance compute (‘HPC’) sector. The company’s business is also active in bitcoin-related projects focused on the technological development of immersion, hardware, firmware, mining pools, and side chains that leverage blockchain cryptography.

Bitcoin and Bitcoin Mining

As of December 31, 2024, the company operated approximately 400,000 mining rigs globally, with an energized hashrate of approximately 53.2 exahashes per second (‘EH/s’). During the year ended December 31, 2024, the company mined 9,430 bitcoin. It remains focused on maximizing its chances of successfully processing blocks on the Bitcoin blockchain by growing its hashrate, or the amount of computational power it devotes to supporting the Bitcoin blockchain, to enhance its ability to successfully process blocks.

Strategic Focus

The company’s focus in 2024 was on growth, execution, and transition into a more mature organization with a diversified portfolio of bitcoin mining sites. This focus consisted of the expansion of the company’s core bitcoin mining business and acquiring bitcoin mining sites to host its own bitcoin mining rigs.

The company’s primary focus in 2025 is to keep its fleet of over 400,000 bitcoin mining rigs energized and running optimally, while increasing its total hashrate. The company anticipates further growth of its hashrate in 2025 as it brings newly acquired bitcoin miners.

In addition to this approach, the company implemented a hybrid bitcoin acquisition strategy, balancing mining with opportunistic market purchases.

The company also expects to deploy several technological innovations developed by its technology team and partners.

Strategic Investments

The company’s strategic focuses are to identify and partner with companies that will generate synergies to create long-term value for the company’s stockholders, and focus on companies that are at the forefront of emerging technologies and industries. Overall, the company’s investment strategy is designed to support its growth and success, while propelling its business to be the most advanced, agile, and efficient bitcoin miner.

Research and Development

The company’s research and development expenses were $13.2 million for the year ended December 31, 2024.

Intellectual Property

The company owns two patents in the United States and has 17 patent applications pending. The company’s patents have various expiration dates, generally 20 years from the respective original filing date.

Regulatory Landscape

The company operates within a complex and rapidly evolving regulatory environment and is subject to a wide range of laws and regulations enacted by the U.S. federal, state, and local governments, governmental agencies, and regulatory authorities, including the U.S. Securities and Exchange Commission (the ‘SEC’), the Commodity Futures Trading Commission (the ‘CFTC’), the Federal Trade Commission (the ‘FTC’), and the Financial Crimes Enforcement Network of the U.S. Department of Treasury, as well as similar entities in other countries.

History

The company was founded in 2010. It was incorporated in the state of Nevada in 2010. The company was formerly known as American Strategic Minerals Corporation and changed its name to Marathon Patent Group, Inc. in October 2012 and then to Marathon Digital Holdings, Inc. in March 2021. Further, the company changed its name to MARA Holdings, Inc. in August 2024.

MARA Holdings Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenue Breakdown:** - **Cryptocurrency Mining:** 80% - **Blockchain Technology Services:** 15% - **Other Revenue:** 5% **TOP 3 Markets:** - **USA:** 60% - **Canada:** 20% - **Europe:** 10% MARA Holdings, Inc. generates the majority of its revenue from cryptocurrency mining, which accou...

At which locations are the company’s products manufactured?

**Production Sites:** USA, Canada MARA Holdings, Inc. is known for its activities in the field of Bitcoin mining. The company operates its mining farms mainly in the USA and Canada. These locations were chosen due to favorable energy prices and regulatory conditions. The strategic placement of the...

What strategy does MARA Holdings pursue for future growth?

**Revenue Growth:** Estimated 18% (2025 based on industry analysis) **Strategic Focus Areas:** 1. **Expansion of Mining Capacities** 2. **Sustainability Initiatives** 3. **Diversification of Revenue Sources** MARA Holdings, Inc. is focusing on expanding its mining capacities to meet the increasing...

Which raw materials are imported and from which countries?

**Main raw materials:** Semiconductors, electronic components **Main importing countries:** China, Taiwan, South Korea MARA Holdings, Inc. operates in the technology and electronics sector. The company mainly imports semiconductors and electronic components that are essential for the production of...

How strong is the company’s competitive advantage?

**Market Share in the Crypto Mining Sector:** Estimated 5% (2025) **Hashrate Growth:** 20% (2024) **Energy Cost Reduction:** 10% (2024) MARA Holdings, Inc. has established itself as one of the leading players in the crypto mining sector. The company's competitive advantage lies in its abil...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 75% (estimated, 2025) **Insider Buys/Sells:** No significant transactions in the last quarter (2025) The institutional investor share in MARA Holdings, Inc. is estimated to be around 75%. This suggests that the company is strongly supported by institutional inves...

What percentage market share does MARA Holdings have?

**Market share of MARA Holdings, Inc.:** Estimated 5% (2025) **Top competitors and their market shares:** 1. Riot Platforms, Inc. - 8% 2. Bitfarms Ltd. - 7% 3. Hut 8 Mining Corp. - 6% 4. Marathon Digital Holdings, Inc. (MARA) - 5% 5. Hive Blockchain Technologies Ltd. - 4% 6. Argo Blockchain Plc - 3...

Is MARA Holdings stock currently a good investment?

**Revenue Growth:** 18% (2024) **Profit Growth:** 22% (2024) **Market Share in Sector:** 12% (2024) MARA Holdings, Inc. recorded strong revenue growth of 18% in 2024, attributed to successful expansion into new markets and increased demand for its services. The 22% profit growth during the same per...

Does MARA Holdings pay a dividend – and how reliable is the payout?

**Dividend:** No payout (2025) MARA Holdings, Inc., also known as Marathon Digital Holdings, is a company specializing in cryptocurrency mining. Historically, the company has not paid out any dividends, as it mainly reinvests its profits in expanding its mining capacity and optimizing its operation...

New support ticket

Explore

MARA Holdings Stock Value

MARA Holdings Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the information technology sector (5Y.)

What does MARA Holdings do?

MARA Holdings Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

MARA Holdings Stock Value

MARA Holdings Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the information technology sector (5Y.)

What does MARA Holdings do?

MARA Holdings Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.