MARA Holdings, Inc. (MARA)
NASDAQInformation TechnologyFinancial - Capital MarketsSnapshot 2026-09-04
$11.31-2.50%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologyFinancial - Capital MarketsSnapshot 2026-09-04
Research Workspace
Put MARA beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Information Technology is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Management is running behind on a stated commitment.
View ThesisRevenue growth is slowing — up about 1% over the past year and decelerating.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 13%, softest on returns on capital.
View QualityManagement screens weak on capital allocation, earnings delivery, margins, the balance sheet.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is highly volatile — it swings about 4% on a typical day and fell roughly 71% in its worst 12-month stretch.
View RiskMARA's growth relies on its ability to develop AI and critical IT infrastructure. Recent revenue growth of 27% year over year and a Q2 earnings miss highlight challenges. The stock trades at 5.4× price-to-sales, above the 3.7× peer median, indicating modest expectations. If MARA cuts guidance on the next call, that could negatively impact the stock. Peer multiples imply a price about 13% above where it trades. Our read is provisional.
Trailing returns as of 2026-09-04. MARA is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 13 analysts currently covering MARA (as of Sep 2026).
Based on 4 Wall Street analysts offering 12-month price targets for MARA in the last 4 months.
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Compare MARA with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| MARA Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 3 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Information Technology (broad) — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put MARA next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Threatens: Maintain Bitcoin mining as core operational foundation
Bitcoin pullback impacts core operational foundation.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $11.31
The last 12 months of price, then the range of analyst 12-month targets from today’s $11.31.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Develop AI and critical IT infrastructure with Starwood partnership
Higher target reflects confidence in AI and IT infrastructure growth.
Advances: Develop AI and critical IT infrastructure
AI pivot aligns with strategic growth objectives.
Advances: Develop AI and critical IT infrastructure
Broadening AI focus supports growth strategy.
Advances: Strategic acquisitions to enhance digital infrastructure
Acquisition enhances digital infrastructure significantly.
Advances: Develop AI and critical IT infrastructure
Shift towards energy and AI aligns with growth.
Regulatory conditions could hinder acquisition plans.
CEO stock sale raises concerns about leadership confidence.