Marathon Digital Holdings (MARA, Financial) has experienced a significant uptick in call option trading, with 87,155 calls exchanged, doubling the anticipated amount. This surge has occurred alongside an increase in implied volatility, now standing at 96.26%.
The options set to expire on April 25, particularly the 14 strike and 13.5 strike calls, are drawing considerable attention. Combined, these contracts have seen a robust trading volume of approximately 19,800 contracts. Such activity indicates a bullish sentiment among traders.
The Put/Call Ratio for Marathon Digital Holdings is currently at a low 0.24, further underscoring the market's optimistic outlook. Investors are likely positioning themselves ahead of the company's upcoming earnings report, which is due on May 8th.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for MARA Holdings Inc (MARA, Financial) is $22.05 with a high estimate of $30.00 and a low estimate of $13.00. The average target implies an upside of 65.32% from the current price of $13.34. More detailed estimate data can be found on the MARA Holdings Inc (MARA) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, MARA Holdings Inc's (MARA, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MARA Holdings Inc (MARA, Financial) in one year is $21.65, suggesting a upside of 62.35% from the current price of $13.335. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MARA Holdings Inc (MARA) Summary page.
