MARA Stock Summary and Trading Ideas (Mara Holdings | NASDAQ:MARA)

MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value.

Mara Holdings trades on the NASDAQ stock market under the symbol MARA.

As of January 3, 2025, MARA stock price climbed to $19.34 with 30,615,293 million shares trading.

MARA has a beta of 3.03, meaning it tends to be more sensitive to market movements. MARA has a correlation of 0.16 to the broad based SPY ETF.

MARA has a market cap of $6.56 billion. This is considered a Mid Cap stock.

Last quarter Mara Holdings reported $132 million in Revenue and -$.32 earnings per share. This fell short of revenue expectation by $-20 million and missed earnings estimates by -$.07.

In the last 3 years, MARA traded as high as $35.48 and as low as $3.11.

The top ETF exchange traded funds that MARA belongs to (by Net Assets): IJR, VTI, VB, IWM, VGT.

MARA has underperformed the market in the last year with a price return of -15.7% while the SPY ETF gained +26.5%. However, in the short term, MARA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +27.2% vs +4.2% return in SPY. But in the last 2 weeks, MARA shares have been beat by the market, returning -5.1% compared to an SPY return of +1.5%.

MARA support price is $16.16 and resistance is $18.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MARA shares will trade within this expected range on the day.