Wall Street Analysts Show Mixed Signals On MARA Holdings, Inc. (MARA)

Core Viewpoint - MARA Holdings, Inc. (NASDAQ:MARA) is considered one of the best US stocks to buy under $20, with a consensus 1-year median price target of $26, indicating an upside potential of over 134% [1] Analyst Ratings and Price Targets - As of November 24, JPMorgan reaffirmed its Overweight rating on MARA but reduced the price target from $20 to $13 due to a decline in bitcoin prices and a decrease in share count [2] - Clear Street lowered its price target on MARA from $18 to $16 while maintaining a 'Hold' rating, citing a nearly 13% reduction in revenue guidance for 2025-27 and a 25% adjustment in EBITDA [3] - Cantor Fitzgerald also revised its price target down to $21 from $30, while keeping an 'Overweight' rating, reflecting the recent decline in Bitcoin prices [4] Company Performance - MARA Holdings reported a 370% positive surprise in EPS for the third quarter, with actual revenue slightly exceeding expectations [4] - The company is transitioning from an asset-light miner to a vertically integrated operator, which is viewed as a sound strategy, although it is considered to be about a year behind its peers in execution [3] Company Overview - MARA Holdings, Inc. is a Florida-based digital asset technology company with operations in the United States and Europe, founded in 2010, and specializes in technology solutions to enhance data center operations [5]