Why Marathon Digital Holdings, Inc. (MARA) Dipped More Than Broader Market Today
MarathonMarathon(US:MARA) ZACKS·2025-09-17 22:46

Company Performance - Marathon Digital Holdings, Inc. (MARA) experienced a decline of 1.14% in its stock price, closing at $17.33, while the S&P 500 saw a minor loss of 0.1% [1] - Over the past month, shares of Marathon Digital have increased by 15.56%, outperforming the Finance sector's gain of 2.52% and the S&P 500's gain of 2.57% [1] Earnings Projections - The upcoming earnings disclosure for Marathon Digital is projected to show earnings per share (EPS) of -$0.35, which is a 7.89% increase compared to the same quarter last year [2] - Revenue is anticipated to reach $267.05 million, reflecting a significant increase of 102.85% from the same quarter last year [2] Full Year Estimates - For the full year, the Zacks Consensus Estimates predict an EPS of -$0.17 and revenue of $1.02 billion, indicating a change of -109.88% for EPS and +56.01% for revenue compared to the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for Marathon Digital are crucial as they reflect short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks Marathon Digital as 3 (Hold) [6] Industry Context - Marathon Digital operates within the Financial - Miscellaneous Services industry, which holds a Zacks Industry Rank of 59, placing it in the top 24% of over 250 industries [7] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [7]