Analysts who follow Marathon Digital Holdings Inc (MARA) on average expect it to gain 328.19% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns the stock an Analyst Ranking of 72, which means it ranks higher than 72 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating MARA a Strong Buy today. Find out what this means to you and get the rest of the rankings on MARA!
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Marathon Digital Holdings Inc Stock Today?
Marathon Digital Holdings Inc (MARA) stock is trading at $10.12 as of 1:34 PM on Wednesday, May 18, a decline of -$0.97, or -8.75% from the previous closing price of $11.09. The stock has traded between $9.93 and $10.99 so far today. Volume today is below average. So far 6,727,422 shares have traded compared to average volume of 11,196,728 shares.
Click Here to get the full Stock Report for Marathon Digital Holdings Inc stock.