What is the rating for MARA stock?

MARA Holdings, Inc. (MARA) has a "Avoid" rating based on our 6-factor quantitative model. It has a composite score of 30.3 and ranks #4510 out of 7,333 stocks in our coverage universe with a 1-star rating.

Is MARA a good stock to buy?

Based on our quantitative analysis, MARA receives a "Avoid" rating with 1 out of 5 stars. Key factors include: Quality score of 25.1, Value score of 50.7, and Momentum score of 24.2. The timing score is 52, indicating "Neutral" entry conditions. This is not investment advice - please conduct your own research.

What sector is MARA in?

MARA Holdings, Inc. (MARA) operates in the Services sector, specifically in the Business Services industry. It has a market capitalization of $6.76 billion.

What is MARA's P/E ratio?

MARA has a P/E (Price-to-Earnings) ratio of 11.04x. This helps investors assess whether the stock is trading at a premium or discount relative to its earnings.

Does MARA pay a dividend?

MARA does not currently pay a dividend.

What is MARA's market cap?

MARA Holdings, Inc. (MARA) has a market capitalization of $6.76 billion, making it a mid-cap stock.

What are the risks of investing in MARA?

Key risk factors for MARA include: higher volatility, and general market risk. As with all investments, there is risk of loss.

How does MARA compare to peers?

Within the Services sector, MARA ranks #4510 overall with a quality score of 25.1/100 and value score of 50.7/100.

What is MARA's revenue growth?

MARA has revenue growth of 73.9% year-over-year.

What is MARA's composite score?

MARA Holdings, Inc. (MARA) has a composite score of 30.3/100, which places it at rank #4510 out of 7,333 stocks. This score is derived from our proprietary 6-factor quantitative model that evaluates quality, value, momentum, investment efficiency, stability, and short interest.

How does MARA compare to the S&P 500?

MARA ranks in the top 38% of all stocks in our coverage universe with a composite score of 30.3. This places it below the market median.

What are the bull and bear cases for MARA?

Bull case: MARA scores highest in value at 50.7/100, indicating strong performance in this area. Bear case: The weakest factor is investment efficiency at 17/100, which may present a risk. Our overall assessment is Avoid with 1 out of 5 stars.

Is MARA overvalued or undervalued?

MARA appears fairly valued with a value factor score of 50.7/100.

What is MARA's momentum score?

MARA has a momentum score of 24.2/100, placing it in the weak category. This suggests recent price weakness and potential selling pressure.

When is MARA's next earnings date?

For the latest earnings date and analysis for MARA, visit our earnings calendar or check the MARA stock page for real-time updates. Our AI-generated earnings reports provide in-depth analysis after each quarterly report.

Is MARA a good stock to buy right now?

Based on our 6-factor quantitative model, MARA Holdings, Inc. (MARA) receives a "Avoid" rating with a composite score of 30.3/100. It is ranked #4510 out of 7,333 stocks. Key factor scores: Quality 25/100, Value 51/100, Momentum 24/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for MARA?

MARA Holdings, Inc. (MARA) has a "Avoid" rating and 1-star score. The composite score of 30.3 ranks it #4510 among 7,333 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is MARA in?

MARA Holdings, Inc. operates in the Services sector (Business Services industry) with a market cap of $6.76 billion. It is classified as a mid-cap stock.

Does MARA pay a dividend?

MARA does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is MARA's P/E ratio?

MARA has a trailing P/E ratio of 11.04x. The Services sector average is 23.7x. This below-average P/E may indicate the stock is undervalued.

How profitable is MARA?

MARA's quality factor score is 25/100. Gross margin: -50.9%. ROE: 5.3% vs sector average 5.7%. Margins are moderate to low, reflecting competitive market dynamics.

How is MARA valued compared to peers?

MARA's value factor score is 51/100 (higher = cheaper). Key multiples: P/E 11.0x, EV/EBITDA 10.4x. Valuation is roughly in line with peers.

What is MARA's debt level?

MARA's debt-to-equity ratio is 63%. Sector average: 0%. Moderate leverage is normal for established companies.

MARA has a beta of 2.25, meaning it amplifies market moves. Stability score: 22/100.

Does MARA have high short interest?

MARA's short interest factor score is 49/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

MARA Stock Analysis — MARA Holdings, Inc. Price Target & Forecast 2026

IMPORTANT DISCLAIMER: Blank Capital Research ("BCR") is a technology platform, not a registered investment advisor or broker-dealer. The algorithmically generated signals, scores, and rankings provided on this site ("God Mode" Signals) are for informational and research purposes only and do not constitute financial advice, investment recommendations, or an offer to sell or solicit an offer to buy any securities.

HYPOTHETICAL PERFORMANCE RESULTS: The "timing scores" and "regime signals" displayed are based on quantitative models. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.

RISK OF LOSS: Trading in financial markets involves a high degree of risk and may result in the loss of your entire investment. Data provided by third-party sources (Intrinio, Snowflake) is believed to be reliable but is not guaranteed for accuracy or completeness. Past performance is not indicative of future results.

MARA Stock Analysis — MARA Holdings, Inc. Price Target & Forecast 2026 | Blank Capital Research

Sector

Services

Industry

Business Services

Market Cap

$6.8B

Leadership

Frederick G. Thiel

Business Summary

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies. As of December 31, 2021, it had approximately 8,115 bitcoins. The company was formerly known as Marathon Patent Group.

Operations

Headcount

Location

HQ Base

Carson City, Florida

Investor Relations

Fundamental Spot Check

Context: 2025

Valuation

Market Cap

$6.8B

P/E Ratio

11.0xOutperforming

P/B Ratio

0.58xOutperforming

P/S Ratio

3.60xLagging

EV/EBITDA

10.4xOutperforming

Dividend Yield

0.00%

Efficiency & Risk

Gross Margin

-50.9%Lagging

Operating Margin

-20.0%Lagging

ROE

5.3%Lagging

Rev Growth (YoY)

73.9%

Debt/Equity

63.00xLagging

Beta

2.25

Red = Sector Laggard

Black = Market Average

Revenue Breakdown

Strategic Timing Audit

WEAK

0/6

Negative Alignment — Extreme Caution

Quantitative Factor Convergence Analysis Verified

Momentum

24th pctl

Intelligence Feed

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Earnings Call Transcripts

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Financial Intelligence Ledger

Verified SEC Filings Aggregate • MARA

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Metric Entity	10Y Historical Trend	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue		$656M69.4%	$388M229.1%	$118M21.7%	$150M	$4M267.6%	$1M24.1%	$2M	$0	$37M93.0%	$19M
Cost of Revenue		$816M102.5%	$403M166.0%	$151M	—	$12M196.4%	$4M25.8%	$5M	—	$25M11.5%	$22M
Gross Profit		-$159M938.7%	-$15M54.4%	-$34M	—	-$7M166.0%	-$3M26.5%	-$4M51.8%	-$8M164.8%	$12M496.7%	-$3M
R&D Expense	-	$13M	—	—	—	—	—	—	—	—	—
Operating Expenses		-$465M97.0%	-$236M137.5%	$630M	—	$2M67.7%	$1M82.3%	$8M30.7%	$6M77.0%	$28M22.2%	$23M
Operating Income		$306M38.6%	$221M133.3%	-$664M680.2%	-$85M765.3%	-$10M132.0%	-$4M64.9%	-$12M14.9%	-$14M9.0%	-$16M39.3%	-$26M
Interest Expense		-$125K101.2%	$10M30.9%	$15M854.3%	$2M	-$21K83.9%	-$130K105.8%	$2M71.2%	$8M149.7%	$3M44.5%	$6M
Tax Provision		$75M359.6%	$16M175.2%	-$22M158.2%	$37M	$0	$0	$69K166.5%	-$104K100.9%	$12M241.2%	-$8M
EBITDA		$1.0B156.3%	$400M168.4%	-$585M587.7%	-$85M	-$7M182.7%	-$3M57.6%	-$6M83.1%	-$36M441.9%	-$7M21.9%	-$9M
Net Income		$541M107.1%	$261M138.0%	-$687M	-$36M246.2%	-$10M197.1%	-$4M72.6%	-$13M74.1%	-$50M71.9%	-$29M70.2%	-$17M
EPS (Diluted)		$1.8732.6%	$1.41123.3%	$-6.05	$-0.36176.9%	$-0.1375.5%	$-0.5378.0%	$-2.4149.8%	$-4.80	-	$-1.19

SEC EDGAR Repository

Direct unfiltered access to 10-K, 10-Q and 8-K filings for MARA.

Open Regulatory Dossier

Data Integrity Notice

Figures adjusted for stock splits and restatements where applicable.

TTM (Trailing Twelve Months) data updates within 48 hours of quarterly filings.

Execution Benchmarks Audit

Revenue Growth

YOY expansion rate

+762% SCTR

73.9%

Sector Avg: 8.6%

Gross Margin

Core pricing power

-179% SCTR

-50.9%

Sector Avg: 64.6%

Operating Margin

Operating efficiency

-544% SCTR

-20.0%

Sector Avg: 4.5%

Return on Equity

Equity efficiency

-8% SCTR

5.3%

Sector Avg: 5.7%

Debt/Equity

Financial leverage

-17900% SCTR

63.0%

Sector Avg: 0.3%

Dividend Yield

Direct cash return

-NaN% SCTR

0.0%

Sector Avg: 0.0%

Financial History

Forensic Accounting Audit

Audit Required

Asset Efficiencymedium RISK

Material decline in asset turnover efficiency detected

Margin Integritymedium RISK

High margin volatility — erratic forensic earnings quality

Algorithmic red flag detection based on regulatory SEC filings.

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Shareholder Returns

Capital Allocation audit

Smart Money Conviction

Neutral

Synthesized from recent 13F filings, Form 4 insider transactions, and outstanding short interest metrics.

Governance Audit

Weak Index

WeakModerateStrong

Lower quality and stability scores may indicate governance concerns. Verified against factor-based integrity benchmarks.

Executive Operations

CEO: Frederick G. Thiel

Insider alignment Audit

No recent insider transactions available for MARA

Major Institutional Blocks

Top 5 Holders

Institutional cap table data requires verified 13F filing feeds.

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Form 4 Filings

Recent Activity

Insider transaction data currently awaiting regulatory verification.

Access SEC Form 4 Dossier →

Regulatory Disclosure Vault

Proxy Statement (DEF 14A)

Exec Comp, Board Nominees, Proposals

Annual Report (10-K)

MD&A, Risk Factors, Strategy

Institutional Holders (13F)

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Insider Liquidity

Short Interest audit

SEC Risk Factors

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Institutional Peer Matrix

Top Services Universe

Factor Alpha Dispersion: Value vs. Quality

Quadrant I: High Quality / Undervalued

Quadrant III: Low Quality / Expensive

X-AXIS: EV/EBITDA (LOWER = CHEAPER) | Y-AXIS: ROE (HIGHER = ELITE) | RED CIRCLE = MARA ANALYSIS TARGET

Stock	Rating	Score▼	Quality	Value	Momentum	P/E	EV/EBITDA	ROE	ROA	Gross Mgn	Op Mgn	Net Mgn	Rev Growth	Div Yield	D/E	Mkt Cap	AUDIT
$YALA Yalla Group Ltd		75	89	99	80	-	-	-	-	-	-	-	-	-	-	$0	VS
$GRVY GRAVITY Co., Ltd.		75	82	96	71	-	-	-	-	-	-	-	-	-	-	$0	VS
$ISSC INNOVATIVE SOLUTIONS & SUPPORT INC		73	81	88	94	25.0x	14.1x	17.1%	10.3%	35.5%	14.6%	10.1%	105.2%	0.0%	41.0x	$244M	VS
$AER AerCap Holdings N.V.		72	60	87	84	-	-	-	-	-	-	-	-	-	-	$0	VS
$HCSG HEALTHCARE SERVICES GROUP INC		72	74	88	88	7.1x	6.1x	28.9%	20.8%	20.8%	9.9%	9.3%	8.5%	0.0%	1.0x	$1.2B	VS
$LQDT LIQUIDITY SERVICES INC		72	90	88	68	24.9x	14.3x	14.1%	8.3%	45.7%	8.5%	6.2%	28.1%	0.0%	0.0x	$736M	VS
$TRTNpA Triton International Ltd		71	70	89	70	-	1.7x	0.0%	-	97.4%	58.0%	37.4%	-	8.8%	264.0x	$2.5B	VS
$EDU New Oriental Education & Technology Group Inc.		71	83	52	77	-	-	-	-	-	-	-	-	-	-	$0	VS
$NTES NetEase, Inc.		71	88	93	68	-	-	-	-	-	-	-	-	-	-	$0	VS
$UTI UNIVERSAL TECHNICAL INSTITUTE INC		70	86	86	72	43.2x	16.0x	15.3%	5.8%	100.0%	6.9%	5.2%	15.1%	0.0%	24.0x	$1.8B	VS
$MARA MARA Holdings, Inc.		30	25	51	24	11.0x	10.4x	5.3%	3.0%	-50.9%	-20.0%	10.9%	73.9%	0.0%	63.0x	$6.8B
SECTOR BENCH	-	-	-	-	-	23.7x	11.7x	5.7%	2.4%	64.6%	4.5%	2.8%	8.6%	0.0%	0.3x	-	REF

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Lateral Comparison Mesh

$MARA / $YALA AUDIT $MARA / $GRVY AUDIT $MARA / $ISSC AUDIT $MARA / $AER AUDIT $MARA / $HCSG AUDIT

Market Intelligence FAQ

MARA Holdings, Inc. (MARA) receives a "Avoid" rating with a composite score of 30.3/100. It ranks #4510 out of 7,333 stocks in our coverage universe and carries a 1-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.

Full Research Publication

Equity Research Analysis: MARA Holdings, Inc. (MARA)

FEBRUARY 2026|Blank Capital Research Unit|Spot: $8.03

Price$8.03

Composite Score30.3/100

RatingAVOID (1★)

Rank#4510 OF 7,333

Market Cap$6.8B

Comments

Institutional Audit

Feb 25, 2026

MARA Holdings, Inc.

30.3

Sector Decomposition auditServices [N=802]

Factor	Global	Sector	Tilt
PROFITABILITY	25	9	+16ALPHA
MOMENTUM	24	17	+7ALPHA
VALUATION	51	54	-3NEUTRAL
INVESTMENT	17	0	+17ALPHA
STABILITY	22	12	+10ALPHA
SHORT INT	49	49	0NEUTRAL

Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.

Executive Summary

Our quantitative model flags MARA Holdings, Inc. with an Avoid rating, assigning a composite score of 30.3/100 and 1 out of 5 stars. Ranked #4510 of 7,333 stocks, MARA falls in the bottom tier across key factors. Historically, stocks with this profile have faced elevated risk of underperformance and capital loss.

Business Quality

MARA's quality score of 25/100 is below average, suggesting challenges with profitability or capital efficiency. The company reports a return on equity of 5.3% (sector avg: 5.7%), gross margins of -50.9% (sector avg: 64.6%), net margins of 10.9% (sector avg: 2.8%). Investors should examine whether management is actively addressing these weaknesses or if they reflect structural industry headwinds.

Intrinsic Valuation

MARA's value score of 51/100 indicates the stock is fairly valued based on its current fundamentals. Key valuation metrics include a P/E ratio of 11.04x, an EV/EBITDA of 10.40x, a P/B ratio of 0.58x. At this level, neither a clear bargain nor overpriced, the stock's attractiveness depends more on forward growth expectations and qualitative factors.

Capital Reinvestment

MARA Holdings, Inc.'s investment score of 17/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 73.9% vs. a sector average of 8.6% and a return on assets of 3.0% (sector: 2.4%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.

Market Momentum

MARA Holdings, Inc. is experiencing notably weak momentum with a score of just 24/100. The stock has underperformed its peers and is trending below major moving averages. Revenue growth stands at 73.9% year-over-year, while a beta of 2.25 reflects its sensitivity to broader market moves. While deep momentum weakness can occasionally present value opportunities, it often reflects deteriorating fundamentals or structural headwinds that may persist.

Balance Sheet Health

MARA Holdings, Inc. registers a low stability score of 22/100, indicating high volatility and potentially stressed financial conditions. Key stability metrics include a beta of 2.25 and a debt-to-equity ratio of 63.00x (sector avg: 0.3x). Stocks at this level carry elevated capital loss risk and may be unsuitable for conservative portfolios without careful risk management.

Institutional Risk Profile

The short interest score of 49/100 for MARA suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include high market sensitivity (beta: 2.25), elevated leverage (D/E: 63.00x). With a $6.8B market cap (mid-cap), MARA Holdings, Inc. may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.

Sector Benchmark Analysis

MARA Holdings, Inc. is a mid-cap company in the Services sector, ranked #0 of 50 in its sector (100th percentile) and #4510 of 7,333 overall (38th percentile). Key comparisons include ROE of 5.3% trailing the 5.7% sector median and operating margins of -20.0% below the 4.5% sector average. This top-quartile standing reflects exceptional competitive strength relative to Services peers.

Comparative Research Mesh

MARA VS S&P 500 (SPY)TOP SERVICES PEERS

Strategic Alternatives

While MARA currently exhibits a AVOID profile, superior opportunities exist within the SERVICES sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.

View Top Services Alpha →

MARA

MARA Holdings, Inc.

Business Summary

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Fundamental Spot Check

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Efficiency & Risk

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