Marathon Digital (MARA) Stock Forecast, Price Target & Predictions
MARA Stock Forecast
Marathon Digital stock forecast is as follows: an average price target of $31.20 (represents a 96.60% upside from MARA’s last price of $15.87) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
MARA Price Target
MARA Analyst Ratings
Marathon Digital Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
May 10, 2024 | Kevin Dede | H.C. Wainwright | $27.00 | $19.12 | 41.21% | 70.13% |
Mar 25, 2024 | Jonathan Petersen | Jefferies | $24.00 | $20.95 | 14.56% | 51.23% |
Jan 17, 2024 | Gregory Lewis | BTIG | $27.00 | $17.26 | 56.43% | 70.13% |
Jan 12, 2023 | - | D.A. Davidson | $12.00 | $6.60 | 81.82% | -24.39% |
Sep 15, 2022 | Christopher Brendler | D.A. Davidson | $22.00 | $12.60 | 74.60% | 38.63% |
Aug 11, 2022 | - | Jefferies | $24.00 | $17.06 | 40.71% | 51.23% |
Jun 03, 2022 | - | BTIG | $16.00 | $9.34 | 71.31% | 0.82% |
May 06, 2022 | - | H.C. Wainwright | $35.00 | $15.90 | 120.13% | 120.54% |
Mar 09, 2022 | Michael Del Grosso | Compass Point | $66.00 | $25.68 | 157.01% | 315.88% |
Jan 18, 2022 | Gregory Lewis | BTIG | $50.00 | $26.07 | 91.79% | 215.06% |
Marathon Digital Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 3 |
Avg Price Target | - | - | $26.00 |
Last Closing Price | $15.87 | $15.87 | $15.87 |
Upside/Downside | -100.00% | -100.00% | 63.83% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 23, 2024 | H.C. Wainwright | Underperform | Underperform | Hold |
Aug 23, 2024 | J.P. Morgan | Buy | Buy | Hold |
Aug 07, 2024 | B. Riley | Neutral | Neutral | Hold |
Jul 12, 2024 | H.C. Wainwright | Buy | Buy | Hold |
Jul 12, 2024 | B. Riley | Neutral | Neutral | Hold |
Jun 20, 2024 | J.P. Morgan | Buy | Buy | Hold |
Jun 20, 2024 | H.C. Wainwright | Underperform | Underperform | Hold |
May 10, 2024 | B. Riley Securities | Neutral | Neutral | Hold |
May 10, 2024 | Needham | Hold | Hold | Hold |
May 10, 2024 | Chardan Capital | Underperform | Underperform | Hold |
Marathon Digital Financial Forecast
Marathon Digital Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Jun 17 | Mar 17 | Sep 16 | Jun 16 | Mar 16 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $97.85M | $81.76M | $51.13M | $28.42M | $12.69M | - | $51.72M | $60.28M | $51.71M | $29.32M | $9.15M | $2.64M | $368.80K | $78.14K | $43.11K | $34.35M | $2.06M |
Avg Forecast | $250.28M | $193.32M | $222.29M | $190.62M | $249.36M | $232.33M | $240.90M | $209.57M | $191.45M | $152.34M | $157.86M | $182.06M | $148.84M | $99.61M | $83.44M | $48.82M | $39.11M | $23.43M | $38.82M | $51.48M | $60.85M | $67.37M | $34.37M | $11.30M | $2.60M | $518.00K | $63.16K | $30.48K | $34.70M | $1.90M |
High Forecast | $274.40M | $211.95M | $243.71M | $208.99M | $273.39M | $254.72M | $264.12M | $229.77M | $209.90M | $160.74M | $173.07M | $199.61M | $164.79M | $109.21M | $91.49M | $53.52M | $42.88M | $25.69M | $38.82M | $62.68M | $74.10M | $82.03M | $41.85M | $13.76M | $3.17M | $621.60K | $75.79K | $36.58K | $41.64M | $2.28M |
Low Forecast | $199.64M | $154.20M | $177.31M | $152.05M | $198.90M | $185.32M | $192.16M | $167.17M | $152.71M | $143.52M | $125.92M | $145.22M | $120.66M | $79.46M | $66.56M | $38.94M | $31.19M | $18.69M | $38.82M | $42.52M | $50.27M | $55.65M | $28.39M | $9.33M | $2.15M | $414.40K | $50.52K | $24.39K | $27.76M | $1.52M |
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 3 | 6 | 4 | 6 | 4 | 6 | 18 | 20 | 7 | 16 | 13 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.98% | 1.05% | 0.73% | 0.54% | - | 1.00% | 0.99% | 0.77% | 0.85% | 0.81% | 1.02% | 0.71% | 1.24% | 1.41% | 0.99% | 1.08% |
Marathon Digital EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Jun 17 | Mar 17 | Sep 16 | Jun 16 | Mar 16 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 3 | 6 | 4 | 6 | 4 | 6 | 18 | 20 | 7 | 16 | 13 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.98M | $6.19M | $3.20M | $65.62M | $-38.16M | - | $30.14M | $39.88M | $-53.13M | $19.03M | $-45.46M | $-2.83M | $-2.29M | $-2.10M | $733.23K | $16.68M | $-2.51M |
Avg Forecast | $-106.04M | $-81.90M | $-94.18M | $-80.76M | $-105.65M | $-98.43M | $-102.07M | $-88.79M | $-81.11M | $-64.54M | $-66.88M | $-77.14M | $-63.06M | $-42.20M | $-35.35M | $-20.68M | $-16.57M | $-16.18M | $-16.45M | $9.52M | $-25.78M | $-14.71M | $-125.91M | $-4.79M | $-1.10M | $-1.26M | $-1.71M | $-4.07M | $16.22M | $-2.64M |
High Forecast | $-84.58M | $-65.33M | $-75.12M | $-64.42M | $-84.27M | $-78.52M | $-81.41M | $-70.83M | $-64.70M | $-60.81M | $-53.35M | $-61.53M | $-51.12M | $-33.66M | $-28.20M | $-16.50M | $-13.22M | $-12.94M | $-16.45M | $11.42M | $-21.30M | $-11.76M | $-100.73M | $-3.95M | $-909.97K | $-1.01M | $-1.37M | $-3.25M | $19.47M | $-2.11M |
Low Forecast | $-116.26M | $-89.80M | $-103.26M | $-88.54M | $-115.83M | $-107.92M | $-111.90M | $-97.35M | $-88.93M | $-68.10M | $-73.33M | $-84.57M | $-69.82M | $-46.27M | $-38.76M | $-22.68M | $-18.17M | $-19.41M | $-16.45M | $7.62M | $-31.39M | $-17.65M | $-151.09M | $-5.83M | $-1.34M | $-1.51M | $-2.05M | $-4.88M | $12.98M | $-3.17M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.19% | -0.18% | -0.15% | -3.96% | 2.36% | - | 3.17% | -1.55% | 3.61% | -0.15% | 9.49% | 2.57% | 1.82% | 1.23% | -0.18% | 1.03% | 0.95% |
Marathon Digital Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Jun 17 | Mar 17 | Sep 16 | Jun 16 | Mar 16 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 3 | 6 | 4 | 6 | 4 | 6 | 18 | 20 | 7 | 16 | 13 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $64.14M | $-19.13M | $-7.24M | $-406.71M | $-75.42M | - | $-12.96M | $11.53M | $-22.17M | $-108.88M | $83.36M | $-6.38M | $-2.29M | $-3.61M | $-6.30M | $7.91M | $-3.89M |
Avg Forecast | $-15.47M | $-64.65M | $-35.98M | $-73.21M | $-10.03M | $-35.21M | $-3.69M | $-26.80M | $-62.18M | $-88.50M | $-26.79M | $5.41M | $10.63M | $-29.53M | $-15.88M | $-23.68M | $-42.84M | $-20.11M | $-18.44M | $-29.92M | $81.21M | $-18.28M | $-129.62M | $83.36M | $-2.33M | $-2.83M | $-2.64M | $-3.68M | $7.99M | $-3.57M |
High Forecast | $-11.40M | $-47.65M | $-26.51M | $-53.95M | $-7.39M | $-25.95M | $-2.72M | $-19.75M | $-45.83M | $-28.63M | $-19.75M | $6.09M | $38.27M | $-21.76M | $-11.71M | $-17.45M | $-31.57M | $-16.09M | $-18.44M | $-23.93M | $104.19M | $-14.63M | $-103.70M | $100.03M | $-1.81M | $-2.26M | $-2.12M | $-2.94M | $9.58M | $-2.86M |
Low Forecast | $-17.40M | $-72.75M | $-40.48M | $-82.38M | $-11.28M | $-39.62M | $-4.15M | $-30.16M | $-69.98M | $-130.14M | $-30.15M | $3.99M | $-23.39M | $-33.23M | $-17.87M | $-26.64M | $-48.21M | $-24.13M | $-18.44M | $-35.90M | $62.85M | $-21.94M | $-155.55M | $66.69M | $-2.99M | $-3.40M | $-3.17M | $-4.41M | $6.39M | $-4.28M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.17% | 1.20% | 0.31% | 9.49% | 3.75% | - | 0.43% | 0.14% | 1.21% | 0.84% | 1.00% | 2.74% | 0.81% | 1.36% | 1.71% | 0.99% | 1.09% |
Marathon Digital SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Jun 17 | Mar 17 | Sep 16 | Jun 16 | Mar 16 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 3 | 6 | 4 | 6 | 4 | 6 | 18 | 20 | 7 | 16 | 13 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $20.14M | $20.49M | $15.34M | $18.72M | $37.31M | - | $3.64M | $2.92M | $1.81M | $2.54M | $733.83K | $435.42K | $1.63M | $1.73M | $2.13M | $2.21M | $1.94M |
Avg Forecast | $163.64M | $126.39M | $145.33M | $124.63M | $163.03M | $151.90M | $157.50M | $137.02M | $125.17M | $99.60M | $103.21M | $119.03M | $97.31M | $65.13M | $54.56M | $31.92M | $25.57M | $1.65M | $25.38M | $8.40M | $39.79M | $1.50M | $3.03M | $733.83K | $1.70M | $338.68K | $41.29K | $19.93K | $2.23M | $1.78M |
High Forecast | $179.41M | $138.57M | $159.34M | $136.64M | $178.75M | $166.54M | $172.68M | $150.23M | $137.24M | $105.09M | $113.16M | $130.51M | $107.74M | $71.41M | $59.82M | $34.99M | $28.03M | $1.98M | $25.38M | $10.08M | $48.45M | $1.80M | $3.64M | $880.59K | $2.07M | $406.41K | $49.55K | $23.92K | $2.68M | $2.13M |
Low Forecast | $130.53M | $100.82M | $115.93M | $99.41M | $130.05M | $121.17M | $125.63M | $109.30M | $99.85M | $93.84M | $82.33M | $94.95M | $78.89M | $51.95M | $43.52M | $25.46M | $20.40M | $1.32M | $25.38M | $6.72M | $32.86M | $1.20M | $2.42M | $587.06K | $1.40M | $270.94K | $33.03K | $15.94K | $1.78M | $1.42M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.31% | 0.38% | 0.48% | 0.73% | 22.67% | - | 0.43% | 0.07% | 1.21% | 0.84% | 1.00% | 0.26% | 4.82% | 41.90% | 106.68% | 0.99% | 1.09% |
Marathon Digital EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Jun 17 | Mar 17 | Sep 16 | Jun 16 | Mar 16 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 3 | 6 | 4 | 6 | 4 | 6 | 18 | 20 | 7 | 16 | 13 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.11 | $-0.05 | $-3.58 | $-0.65 | - | $-0.13 | $0.11 | $0.13 | $-2.35 | $2.26 | $-0.07 | $-1.62 | $-3.28 | $-6.70 | $8.48 | $-4.16 |
Avg Forecast | $-0.06 | $-0.23 | $-0.13 | $-0.26 | $-0.04 | $-0.13 | $-0.01 | $-0.10 | $-0.22 | $-0.32 | $-0.10 | $0.02 | $0.04 | $-0.11 | $-0.06 | $-0.08 | $-0.15 | $-0.15 | $-0.07 | $0.23 | $0.35 | $0.42 | $0.16 | $0.02 | $-0.01 | $-2.88 | $-1.76 | $-2.30 | $2.00 | $-0.88 |
High Forecast | $-0.04 | $-0.17 | $-0.10 | $-0.19 | $-0.03 | $-0.09 | $-0.01 | $-0.07 | $-0.16 | $-0.10 | $-0.07 | $0.02 | $0.14 | $-0.08 | $-0.04 | $-0.06 | $-0.11 | $-0.11 | $-0.07 | $0.29 | $0.45 | $0.55 | $0.21 | $0.03 | $-0.01 | $-2.30 | $-1.41 | $-1.84 | $2.40 | $-0.70 |
Low Forecast | $-0.06 | $-0.26 | $-0.15 | $-0.30 | $-0.04 | $-0.14 | $-0.01 | $-0.11 | $-0.25 | $-0.47 | $-0.11 | $0.01 | $-0.08 | $-0.12 | $-0.06 | $-0.10 | $-0.17 | $-0.17 | $-0.07 | $0.18 | $0.27 | $0.33 | $0.13 | $0.02 | $-0.01 | $-3.46 | $-2.11 | $-2.76 | $1.60 | $-1.06 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.00% | 1.93% | 0.53% | 23.29% | 4.31% | - | -0.57% | 0.32% | 0.31% | -14.39% | 113.00% | 6.77% | 0.56% | 1.86% | 2.91% | 4.24% | 4.73% |
Marathon Digital Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
CLSK | CleanSpark | $9.15 | $25.33 | 176.83% | Buy |
RIOT | Riot Blockchain | $7.10 | $16.14 | 127.32% | Buy |
BITF | Bitfarms | $2.04 | $4.26 | 108.82% | Buy |
BTBT | Bit Digital | $2.93 | $6.00 | 104.78% | Buy |
MARA | Marathon Digital | $15.87 | $31.20 | 96.60% | Buy |
HIVE | HIVE Blockchain | $3.05 | $5.00 | 63.93% | Buy |
WULF | TeraWulf | $4.07 | $6.08 | 49.39% | Buy |
HUT | Hut 8 Mining | $11.42 | $15.70 | 37.48% | Buy |
MARA Forecast FAQ
Is Marathon Digital a good buy?
Yes, according to 8 Wall Street analysts, Marathon Digital (MARA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 50.00% of MARA's total ratings.
What is MARA's price target?
Marathon Digital (MARA) average price target is $31.2 with a range of $12 to $66, implying a 96.60% from its last price of $15.87. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Marathon Digital stock go up soon?
According to Wall Street analysts' prediction for MARA stock, the company can go up by 96.60% (from the last price of $15.87 to the average price target of $31.2), up by 315.88% based on the highest stock price target, and down by -24.39% based on the lowest stock price target.
Can Marathon Digital stock reach $20?
MARA's average twelve months analyst stock price target of $31.2 supports the claim that Marathon Digital can reach $20 in the near future.
What are Marathon Digital's analysts' financial forecasts?
Marathon Digital's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $932.16M (high $1.02B, low $743.55M), average EBITDA is $-395M (high $-315M, low $-433M), average net income is $-75.731M (high $-55.811M, low $-85.218M), average SG&A $609.46M (high $668.2M, low $486.14M), and average EPS is $-0.272 (high $-0.2, low $-0.306). MARA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $856.5M (high $939.04M, low $683.19M), average EBITDA is $-363M (high $-289M, low $-398M), average net income is $-189M (high $-140M, low $-213M), average SG&A $559.99M (high $613.96M, low $446.68M), and average EPS is $-0.679 (high $-0.501, low $-0.764).
Did the MARA's actual financial results beat the analysts' financial forecasts?
Based on Marathon Digital's last annual report (Dec 2023), the company's revenue was $387.51M, beating the average analysts forecast of $380.71M by 1.79%. Apple's EBITDA was $52.76M, missing the average prediction of $-161M by -132.71%. The company's net income was $259.05M, missing the average estimation of $-58.461M by -543.12%. Apple's SG&A was $95.23M, missing the average forecast of $248.91M by -61.74%. Lastly, the company's EPS was $0.0013, missing the average prediction of $-0.21 by -100.62%. In terms of the last quarterly report (Sep 2023), Marathon Digital's revenue was $97.85M, missing the average analysts' forecast of $99.61M by -1.77%. The company's EBITDA was $7.98M, missing the average prediction of $-42.204M by -118.91%. Marathon Digital's net income was $64.14M, missing the average estimation of $-29.531M by -317.18%. The company's SG&A was $20.14M, missing the average forecast of $65.13M by -69.07%. Lastly, the company's EPS was $0.0004, missing the average prediction of $-0.106 by -100.38%