- MARA Holdings, Inc. achieved impressive revenue growth in 2024, driven by strategic expansion efforts.
- Analysts provide a positive outlook with a considerable upside from current share prices.
- GuruFocus estimates suggest substantial future value for investors considering MARA Holdings stock.
MARA Holdings, Inc. (MARA, Financial) has reported a standout performance in 2024, with fourth-quarter revenue surging by 37% to $214.4 million. Over the year, the company's revenue soared by 69%, reaching an impressive $656.4 million. This growth is partly attributed to the strategic acquisition of a wind farm in Texas, which is set to bolster MARA's bitcoin mining operations.
Analyst Price Projections
Looking ahead, Wall Street analysts have set a one-year average price target for MARA Holdings Inc (MARA, Financial) at $23.09. Estimates range from a high of $30.00 to a low of $14.00, projecting a significant upside of 87.88% from the current price of $12.29. Investors can explore more detailed projections on the MARA Holdings Inc (MARA) Forecast page.
Brokerage Recommendations
The consensus among 15 brokerage firms results in an average recommendation rating of 2.5 for MARA Holdings Inc (MARA, Financial), suggesting an "Outperform" status. This scale ranges from 1, indicating a Strong Buy, to 5, suggesting a Sell. Such ratings can guide investors interested in the stock's potential.
GF Value Estimation
According to GuruFocus' estimates, the projected GF Value for MARA Holdings Inc (MARA, Financial) over the coming year is $21.98. This estimation suggests a promising upside of 78.84% from the current stock price of $12.29. The GF Value is based on both historical trading multiples and forecasts about the company's future performance. For further details, visit the MARA Holdings Inc (MARA) Summary page.
