Marathon Digital (MARA) Stock Forecast & Price Target

$19.96
+0.51 (+2.62%)
(As of 11:16 AM ET)

Marathon Digital Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 8 Analyst Ratings

Analysts' Consensus Price Target

$19.69
-1.37% Downside
High Forecast$27.00
Average Forecast$19.69
Low Forecast$8.30
TypeCurrent Forecast
5/21/23 to 5/20/24
1 Month Ago
4/21/23 to 4/20/24
3 Months Ago
2/20/23 to 2/20/24
1 Year Ago
5/21/22 to 5/21/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$19.69$21.11$15.76$12.11
Predicted Upside-1.37% Downside18.38% Upside5.16% Upside35.64% Upside
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MARA Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MARA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Marathon Digital Stock vs. The Competition

TypeMarathon DigitalBusiness Services CompaniesS&P 500
Consensus Rating Score
2.25
2.62
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside-0.53% Downside140.36% Upside7.81% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/10/2024HC Wainwright
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 Lower TargetBuy ➝ Buy$35.00 ➝ $27.00+54.64%
5/10/2024B. Riley
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 Lower TargetNeutral ➝ Neutral$19.00 ➝ $18.00+1.47%
5/10/2024Needham & Company LLC
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 Reiterated RatingHold
5/8/2024Chardan Capital
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 Lower TargetNeutral ➝ Neutral$30.00 ➝ $21.00+3.91%
4/10/2024JPMorgan Chase & Co.
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 Boost TargetUnderweight ➝ Underweight$16.00 ➝ $16.50-8.23%
1/17/2024BTIG Research
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 UpgradeNeutral ➝ Buy$27.00+51.86%
10/31/2023Sanford C. Bernstein
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 Initiated CoverageMarket Perform$8.30-6.21%
8/9/2023Compass Point
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 Lower TargetBuy ➝ Buy$21.00 ➝ $20.00+22.17%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 11:35 AM ET.

MARA Frequently Asked Questions

What is Marathon Digital's stock forecast and purchase recommendation?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Marathon Digital is $19.69, with a high forecast of $27.00 and a low forecast of $8.30. The consensus rating for Marathon Digital stock is Hold based on the current 1 sell rating, 4 hold ratings and 3 buy ratings for MARA. Learn more on MARA's analyst rating history.

Do Wall Street analysts like Marathon Digital more than its competitors?

Analysts like Marathon Digital less than other "business services" companies. The consensus rating for Marathon Digital is Hold while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how MARA compares to other companies.

Does Marathon Digital's stock price have much upside?

According to analysts, Marathon Digital's stock has a predicted upside of 18.40% based on their 12-month stock forecasts.

What analysts cover Marathon Digital?

Marathon Digital has been rated by research analysts at B. Riley, Chardan Capital, HC Wainwright, JPMorgan Chase & Co., and Needham & Company LLC in the past 90 days.


Stock Forecasts and Research Tools

This page (NASDAQ:MARA) was last updated on 5/20/2024 by MarketBeat.com Staff

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