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Marathon Digital Holdings, Inc. MARA
Financial Services - Financial - Capital Markets - NASDAQ - US
Watchlist
$ 13.6899
-2.92 %
$ 4.73 B
Market Cap
7.15
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one MARA stock under the worst case scenario is HIDDEN Compared to the current market price of 13.7 USD, Marathon Digital Holdings, Inc. is HIDDEN

MARA Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one MARA stock under the base case scenario is HIDDEN Compared to the current market price of 13.7 USD, Marathon Digital Holdings, Inc. is HIDDEN

MARA Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one MARA stock under the best case scenario is HIDDEN Compared to the current market price of 13.7 USD, Marathon Digital Holdings, Inc. is HIDDEN

MARA Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart MARA

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1M 10%
6M -38%
1Y -28.0%
3Y -30%
5Y 3084%
All
$28.0$28.0$26.0$26.0$24.0$24.0$22.0$22.0$20.0$20.0$18.0$18.0$16.0$16.0$14.0$14.0$12.0$12.0$10.0$10.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
656 M REVENUE
69.38%
Growth Rates
1Year 69.38%
3Years 60.36%
5Years 253.73%
7Years 177.37%
10Years 40.82%
306 M OPERATING INCOME
38.57%
Growth Rates
1Year 38.57%
3Years 196.91%
5Years 136.64%
7Years 57.07%
10Years 48.26%
541 M NET INCOME
107.15%
Growth Rates
1Year 107.15%
3Years 156.90%
5Years 174.49%
7Years 52.60%
10Years 67.47%
-677 M OPERATING CASH FLOW
-114.48%
Growth Rates
1Year -114.48%
3Years -233.71%
5Years -189.69%
7Years -80.59%
10Years -65.38%
-596 M INVESTING CASH FLOW
-12979.56%
Growth Rates
1Year -12979.56%
3Years 12.55%
5Years -245.44%
7Years -398.58%
10Years -54.16%
3.95 B FINANCING CASH FLOW
611.06%
Growth Rates
1Year 611.06%
3Years 56.19%
5Years 594.01%
7Years 112.13%
10Years 95.33%
214 M REVENUE
62.86%
Growth Rates
1Year 69.38%
3Years 60.36%
5Years 253.73%
7Years 177.37%
10Years 40.82%
341 M OPERATING INCOME
298.01%
Growth Rates
1Year 38.57%
3Years 196.91%
5Years 136.64%
7Years 57.07%
10Years 48.26%
529 M NET INCOME
523.54%
Growth Rates
1Year 107.15%
3Years 156.90%
5Years 174.49%
7Years 52.60%
10Years 67.47%
-313 M OPERATING CASH FLOW
28.90%
Growth Rates
1Year -114.48%
3Years -233.71%
5Years -189.69%
7Years -80.59%
10Years -65.38%
-2 B INVESTING CASH FLOW
-271.38%
Growth Rates
1Year -12979.56%
3Years 12.55%
5Years -245.44%
7Years -398.58%
10Years -54.16%
2.54 B FINANCING CASH FLOW
318.78%
Growth Rates
1Year 611.06%
3Years 56.19%
5Years 594.01%
7Years 112.13%
10Years 95.33%
Balance Sheet Marathon Digital Holdings, Inc.
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Current Assets 470 M
Cash & Short-Term Investments 392 M
Receivables 6.34 M
Other Current Assets 72.3 M
Non-Current Assets 6.33 B
Long-Term Investments 3.34 B
PP&E 1.57 B
Other Non-Current Assets 1.43 B
5.76 %49.04 %23.03 %21.01 %Total Assets$6.8b
Current Liabilities 95.2 M
Accounts Payable 12.6 M
Short-Term Debt 814 K
Other Current Liabilities 81.8 M
Non-Current Liabilities 2.57 B
Long-Term Debt 2.47 B
Other Non-Current Liabilities 96.9 M
3.07 %92.79 %3.64 %Total Liabilities$2.7b
EFFICIENCY
Earnings Waterfall Marathon Digital Holdings, Inc.
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Revenue 656 M
Cost Of Revenue 816 M
Gross Profit -159 M
Operating Expenses -465 M
Operating Income 306 M
Other Expenses -235 M
Net Income 541 M
700m700m600m600m500m500m400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)656m(816m)(159m)465m306m235m541mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
-24.28% GROSS MARGIN
-24.28%
Averages
1Year -24.28%
3Years -18.95%
5Years -30.54%
7Years -89.74%
10Years -200.37%
46.64% OPERATING MARGIN
46.64%
Averages
1Year 46.64%
3Years -153.38%
5Years -138.75%
7Years -260.62%
10Years -473.18%
82.46% NET MARGIN
82.46%
Averages
1Year 82.46%
3Years -144.45%
5Years -139.60%
7Years -266.02%
10Years -805.97%
12.79% ROE
12.79%
Averages
1Year 12.79%
3Years -49.66%
5Years -31.56%
7Years -101.18%
10Years -95.18%
7.96% ROA
7.96%
Averages
1Year 7.96%
3Years -12.13%
5Years -8.46%
7Years -50.08%
10Years -75.13%
4.01% ROIC
4.01%
Averages
1Year 4.01%
3Years -13.46%
5Years -9.16%
7Years -65.25%
10Years -89.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Marathon Digital Holdings, Inc.
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100m100m00(100m)(100m)(200m)(200m)(300m)(300m)(400m)(400m)(500m)(500m)(600m)(600m)(700m)(700m)(800m)(800m)(900m)(900m)(1b)(1b)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 541 M
Depreciation & Amortization 427 M
Capital Expenditures -253 M
Stock-Based Compensation 158 M
Change in Working Capital -812 M
Others -1.88 B
Free Cash Flow -930 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Marathon Digital Holdings, Inc.
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Wall Street analysts predict an average 1-year price target for MARA of $25.2 , with forecasts ranging from a low of $21 to a high of $33 .
MARA Lowest Price Target Wall Street Target
21 USD 53.40%
MARA Average Price Target Wall Street Target
25.2 USD 83.83%
MARA Highest Price Target Wall Street Target
33 USD 141.05%
Price
Max Price Target
Min Price Target
Average Price Target
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4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership Marathon Digital Holdings, Inc.
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Sold
0-3 MONTHS
741 K USD 3
3-6 MONTHS
2.98 M USD 4
6-9 MONTHS
1.52 M USD 3
9-12 MONTHS
209 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Marathon Digital Holdings, Inc. (MARA) Is a Trending Stock: Facts to Know Before Betting on It Recently, Zacks.com users have been paying close attention to Marathon Digital (MARA). This makes it worthwhile to examine what the stock has in store. zacks.com - 2 weeks ago
Bitcoin Miners Buckle Under April Price Pressure, But JP Morgan Analyst Says MARA, CleanSpark Held Strong JP Morgan analyst Reginald L. Smith observed that Bitcoin BTC/USD miners saw mixed performance in early April. benzinga.com - 2 weeks ago
Cryptocurrencies and Crypto-Related Stocks Rise After Trump Pauses Tariffs The prices of cryptocurrencies and crypto-related stocks leapt Wednesday (April 9) after President Donald Trump paused the new tariffs that he had placed on more than 75 countries. As of 2:55 p.m. pymnts.com - 3 weeks ago
MARA Holdings: Buy As The NAV Of Its Bitcoin Holdings And Market Cap Converge MARA Holdings is a leveraged bet on Bitcoin, with its assets primarily in Bitcoin and Bitcoin mining operations, making it highly correlated with Bitcoin prices. Despite Bitcoin's 13% rise over the past year, MARA has declined by nearly 40%. The NAV of MARA's Bitcoin holdings has converged with its market cap. MARA's mining operations are running at a loss, with total costs per Bitcoin significantly higher than current Bitcoin prices. seekingalpha.com - 3 weeks ago
MARA Holdings: Short Squeeze Cancelled? Maybe Not MARA's high short interest and reliance on Bitcoin make it a volatile but potentially lucrative trade, especially if Bitcoin prices rise. In sympathy with Bitcoin's decline, MARA's performance has been worse, with shares down over 30% year-to-date, compared to Bitcoin's 15% drop. MARA's short interest as a percentage of shares outstanding has surged to 27%, creating a potentially explosive short-squeeze setup IF Bitcoin rallies. seekingalpha.com - 3 weeks ago
Why the Market Dipped But Marathon Digital Holdings, Inc. (MARA) Gained Today Marathon Digital Holdings, Inc. (MARA) concluded the recent trading session at $11.30, signifying a +0.62% move from its prior day's close. zacks.com - 4 weeks ago
Marathon Digital Holdings, Inc. (MARA) is Attracting Investor Attention: Here is What You Should Know Marathon Digital (MARA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. zacks.com - 4 weeks ago
MARA Announces Bitcoin Production and Mining Operation Updates for March 2025 242 Blocks Won in March, 17% Increase M/M Increased BTC Holdings* to 47,531 BTC globenewswire.com - 4 weeks ago
Marathon Digital (MARA) Up 3.9% Since Last Earnings Report: Can It Continue? Marathon Digital (MARA) reported earnings 30 days ago. What's next for the stock? zacks.com - 1 month ago
Marathon Digital Holdings, Inc. (MARA) Sees a More Significant Dip Than Broader Market: Some Facts to Know Marathon Digital Holdings, Inc. (MARA) closed at $13.64 in the latest trading session, marking a -1.09% move from the prior day. zacks.com - 1 month ago
Marathon Digital Holdings, Inc. (MARA) Stock Declines While Market Improves: Some Information for Investors In the latest trading session, Marathon Digital Holdings, Inc. (MARA) closed at $12.38, marking a -0.96% move from the previous day. zacks.com - 1 month ago
Marathon Digital Holdings, Inc. (MARA) Is a Trending Stock: Facts to Know Before Betting on It Recently, Zacks.com users have been paying close attention to Marathon Digital (MARA). This makes it worthwhile to examine what the stock has in store. zacks.com - 1 month ago
8. Profile Summary

Marathon Digital Holdings, Inc. MARA

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COUNTRY US
INDUSTRY Financial - Capital Markets
MARKET CAP $ 4.73 B
Dividend Yield 0.00%
Description Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. As of December 31, 2021, it had approximately 8,115 bitcoins, which included the 4,794 bitcoins held in the investment fund. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada.
Contact 1180 North Town Center Drive, Las Vegas, NV, 89144 https://www.marathondh.com
IPO Date May 4, 2012
Employees 152
Officers Mr. Narenderkumar Dharamveer Manoj Madnani Managing Director of EMEA Expansion Mr. James G. Crawford Chief Operating Officer Mr. William Beam Vice President of Finance & Operations Control Mr. Ashu Swami Chief Technology Officer Mr. Frederick G. Thiel Chief Executive Officer & Executive Chairman Mr. Salman H. Khan Chief Financial Officer Mr. Adam Swick Chief Growth Officer Mr. John B. Ellis Chief Accounting Officer Mr. Zabi Nowaid General Counsel & Company Secretary Mr. Robert Samuels Vice President of Investor Relations