How Does Marathon Digital Holdings Inc (MARA) Stock Rank on Wall Street Wednesday?

Analysts who follow Marathon Digital Holdings Inc (MARA) on average expect it to increase 92.51% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns Marathon Digital Holdings Inc an Analyst Ranking of 73, which means it ranks higher than 73 of stocks, based on data compiled by InvestorsObserver.

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 lower by -0.21% while the S&P 500 is higher by 0.01% as of 2:40 PM on Wednesday, Feb 16. MARA is lower by -$0.06 from the previous closing price of $28.63 on volume of 8,092,321 shares. Over the past year the S&P 500 has risen 13.70% while MARA is lower by -34.41%. MARA lost -$0.51 per share the over the last 12 months.