MARA's Power Efficiency and Global Expansion Keep It Ahead Of Peers: Analyst
The crypto-firm reported Tuesday second-quarter revenue of $238.5 million, beating analyst estimates of $218.45 million.
The Bitcoin mining company reported second-quarter earnings of $1.84 per share, beating analyst estimates of 69 cents per share.Analyst Reaction To Earnings
H.C. Wainwright: Analyst Kevin Dede reiterated the Buy rating, with a price forecast of $28.
According to Dede, Bitcoin's lower pricing on March 31 versus December 31 resulted in a non-cash fair value adjustment of roughly $510 million, which severely impacted MARA's earnings per share.
Dede emphasizes that, philosophically, MARA has not altered its core strategy.
The analyst notes that recent commentary reaffirms the company's continued focus on power conversion technology—whether through bitcoin mining or heat generation—with a consistent push to drive energy costs toward zero.
This is a theme the analyst has reiterated many times in prior coverage.
The analyst notes that revisiting this strategy is useful for contrasting MARA's approach with that of peers who are slowly or rapidly shifting their mining focus toward high-performance computing (HPC).
Dede also highlights progress on MARA's two-phase immersion cooling (2PIC) initiative, which is now in a 30MW pilot phase aimed at refining the design. The analyst notes that a cold-plate variant of the system is under development.
While this version is still based on two-phase cooling, it follows the cold-plate format, which Dede sees as aligning with what's emerging as the industry standard for HPC systems.
The analyst adds that MARA's shift in this direction may involve collaborations with large compute OEMs, potentially including firms like Dell Technologies Inc. (NYSE:DELL) or NVIDIA Corporation (NASDAQ:NVDA).
Dede indicates that the FY25 sales estimate for MARA has been revised downward to $822.5 million, a reduction from the earlier projection of $895.9 million.
Rosenblatt: Analyst Chris Brendler reiterated the Buy rating with a price forecast of $20.
Brendler notes that while some of the recent upside from bitcoin was partially offset by increased hash costs, mining expenses are expected to improve in the second half of FY25.
The analyst points to the addition of new low-cost sites and better fleet efficiency as key drivers behind this anticipated cost reduction.
Brendler adds that the company's ongoing focus on global expansion is likely to contribute to further margin gains.
In his view, these efforts place MARA in a strong position to maintain its leadership in the sector, particularly as several competitors begin shifting their attention toward high-performance computing (HPC).
Price Action: MARA shares are trading higher by 1.81% to $16.94 at last check Wednesday.
Photo via Shutterstock
Latest Ratings for MARA
Date
Firm
Action
From
To
Mar 2022
Compass Point
Maintains
Buy
Jan 2022
Jefferies
Initiates Coverage On
Buy
Jan 2022
BTIG
Initiates Coverage On
Buy
View More Analyst Ratings for MARA
View the Latest Analyst Ratings
UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.
Get the latest stock analysis from Benzinga?
MARA HOLDINGS (MARA): Free Stock Analysis Report
This article MARA's Power Efficiency and Global Expansion Keep It Ahead Of Peers: Analyst originally appeared on Benzinga.com
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Melden Sie sich an, um Ihr Portfolio aufzurufen.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
11 minutes ago
- Associated Press
SRPT LEGAL ALERT: Lose Money on Your Sarepta Therapeutics, Inc. Investment? Contact BFA Law by August 25 Class Action Deadline (NASDAQ:SRPT)
NEW YORK, Aug. 03, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Sarepta Therapeutics, Inc. (NASDAQ: SRPT) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Sarepta, you are encouraged to obtain additional information by visiting: Investors have until August 25, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Sarepta securities. The case is pending in the U.S. District Court for the Southern District of New York and is captioned Dolgicer v. Sarepta Therapeutics, Inc., et al., No. 25-cv-05317. Why Was Sarepta Sued for Securities Fraud? Sarepta is a biopharmaceutical company focused on developing treatments for rare diseases. Sarepta's most important product is Elevidys, a therapy for the treatment of Duchenne muscular dystrophy. As alleged, Sarepta repeatedly touted the safety profile of Elevidys and told investors that the benefits of the treatment outweighed its risks. In truth, Elevidys causes fatal acute liver failure in some patients. The Stock Declines as the Truth Is Revealed On March 18, 2025, Sarepta announced that a patient that had been treated with Elevidys died after suffering acute liver failure. On this news, the price of Sarepta stock fell $27.81 per share, or over 27%, from $101.35 per share on March 17, 2025, to $73.54 per share on March 18, 2025. Nevertheless, on the same day, Sarepta assured investors that 'the benefit-risk of ELEVIDYS remains positive.' Next, on June 15, 2025, Sarepta announced that a second patient treated with Elevidys had died from acute liver failure and that it was suspending certain shipments of Elevidys and paused dosing in an ongoing clinical trial of the treatment. On this news, the price of Sarepta stock fell $15.24 per share, or more than 42%, from $36.18 per share on June 13, 2025, to $20.94 per share on June 16, 2025. Finally, on July 17, 2025, Sarepta revealed that a third patient treated with one of Sarepta's investigational treatments related to Elevidys had died from acute liver failure in June 2025. On this news, the price of Sarepta stock fell more than 40% on July 18, 2025. Click here for more information: What Can You Do? If you invested in Sarepta you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: Or contact: Ross Shikowitz [email protected] 212.789.3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named 'Elite Trial Lawyers' by the National Law Journal, among the top '500 Leading Plaintiff Financial Lawyers' by Lawdragon, 'Titans of the Plaintiffs' Bar' by Law360 and 'SuperLawyers' by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit Attorney advertising. Past results do not guarantee future outcomes.
WIRED
11 minutes ago
- WIRED
What Happens to Your Data If You Stop Paying for Cloud Storage?
Hit by subscription fatigue? Here's what happens to your files and photos if you cancel your paid storage plan. Photo-Illustration:If it's been a while since you added up how many digital subscriptions you're paying for, it's likely to be more than you think: streaming services, software packages, games, AI bots, health and fitness wearables ... the list goes on. You can add cloud storage subscriptions to that list too. Apple, Google, and Microsoft offer very little in the way of free storage in the cloud, which means if you want the convenience of having your photos, videos, and other files safely backed up and accessible on every device, you're probably going to have to pay for it. What if you don't want to have these subscriptions for life, though—what if you've found a better option for your backups and storage (and there are plenty of options out there)? You might be wondering what happens to the years and years of files you've amassed in the cloud if you cancel your storage subscription. While we can't cover every single cloud storage service here, we've picked four of the main ones below. Here's what happens to your data if you stop paying, and what you need to do with your files before hitting the unsubscribe button. Apple iCloud You can manage your iCloud subscription from any Apple device. David Nield Pricing for Apple iCloud storage starts at $0.99 per month for 50 GB of space, and you get extras like Hide My Email included too. You can manage your subscription from your iPhone by going to Settings, tapping your name and then Subscriptions, and from System Settings on a Mac by selecting your name, then iCloud. If you cancel your iCloud storage, you go back down to the free allocation of 5 GB. If you currently have more than that in the cloud, you won't be able to make new backups or sync any new files until you've freed up some space—so you'll need to delete files to add any new ones. What Apple is less clear about is what will happen to your existing data. The official documentation implies, but doesn't specifically say, that your files will be kept in a read-only state, with no backups completing until you delete files or increase your storage plan. The iCloud terms and conditions state that if you've not backed up a device for 180 days, Apple 'reserves the right' to delete any existing backups (including photos and videos)—so it may delete your files, and it may not. Given this timeline, it's unlikely that anything will happen to your files immediately after you cancel, though we'd recommend getting your iCloud files backed up somewhere else as soon as possible—bearing in mind that any local copies of this data you have won't be affected by canceling your iCloud storage plan. Google One Google Takeout lets you download everything in your Google storage. David Nield If you pay Google for cloud storage, your pricing options start at $1.99 per month, which gets you 100 GB of space in the cloud. As with Apple, there are extras attached, and you can manage your current plan via the Google One dashboard on the web. Choose to unsubscribe from your Google One package, and you go back down to 15 GB of storage space, across Gmail, Google Photos, Google Drive, and Google's other apps. For all the time you're over that limit, those apps will essentially freeze—as in, you won't be able to send or receive emails in Gmail or create new files in Google Docs. You won't be able to sync new files to Google Photos or Google Drive, either. Google says if you stay over the free storage limit without paying, 'all the content that counts toward your storage quota may be deleted'—so as with Apple, there's a 'may' in there. Your files are safe from this fate for two years after canceling, but unless you want your Gmail and other Google apps to become pretty much unusable, you'll need to free up some space or back up your files somewhere else. Thankfully, you can download everything from your Google cloud storage quite simply, via Google Takeout. Microsoft OneDrive OneDrive is tightly integrated into Windows. David Nield As with Apple and Google, Microsoft OneDrive storage comes with bonus goodies included, not least Microsoft Office at the higher storage tiers. The most basic one, which gives you 100 GB of room, will set you back $1.99 a month. You get 5 GB of OneDrive cloud storage space for free with a Microsoft account, and if you cancel your subscription, that's what you go back to. As per Microsoft, as long as you're over that limit and not paying, you won't be able to sync any new files. Existing files will remain, but in a read-only state. You also won't be able to send or receive emails in or Teams messages with attachments. Microsoft gives you six months to decide what to do with the files in your OneDrive account, after which it 'may' (there's that word again) decide to delete the files you have on Microsoft's servers. Once they're deleted, Microsoft warns, they're gone forever. If you need these files, you need to download them and move them somewhere else (the OneDrive clients for Windows and macOS can help here). Unlike Google, Microsoft treats its cloud storage and email storage services separately. You get 15 GB of cloud space with Outlook for free, and 100 GB of space if you pay $1.99 a month (on top of the other 100 GB). You can't send or receive email if you are over your limit, so you'll need to clean up your inbox to start using it again. Dropbox You can sync your Dropbox files to Windows or macOS using the desktop clients. David Nield We can't cover every single cloud storage service in this article, but here's one more: Dropbox. Dropbox users get 2 GB of storage space in the cloud free of charge, and then the paid plans begin at $9.99 per month for 2 TB of space. If you store more than 2 GB of files in your Dropbox, and then stop paying, nothing happens to those files: They will just stay as they are, in the cloud, and on your synced devices. However, you won't be able to add new files, and any changes you make locally to files won't then be synced to the cloud. There's no expiration date on your files either—they'll just stay as they are permanently. Presumably Dropbox wants to encourage users to sign up for another paid plan somewhere down the line, at which point you can pick up where you left off. You can use the Dropbox clients for Windows and macOS to sync files from the cloud to your computers, and from there to other locations and backup services. Once files are moved out of or deleted from your Dropbox folder on your computer, they'll be wiped from the cloud too.
Associated Press
11 minutes ago
- Associated Press
SJM LEGAL ALERT: Lose Money on Your The J.M. Smucker Co. Investment? Contact BFA Law about its Securities Fraud Investigation (NYSE:SJM)
NEW YORK, Aug. 03, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The J.M. Smucker Company (NYSE: SJM) for potential violations of the federal securities laws. If you invested in J.M. Smucker, you are encouraged to obtain additional information by visiting: Why Is J.M. Smucker being Investigated? J.M. Smucker manufactures and markets branded food and beverage products. In November 2023, the company completed an acquisition of Hostess Brands, Inc., a manufacturer and marketer of sweet baked goods brands. The company stated that the Hostess acquisition was 'highly complementary' and that 'underlying trends in snacking and specifically sweet snacking still bode well for the category.' In truth, it appears the company's Sweet Baked Snacks segment, which includes Hostess, significantly deteriorated in the face of declining trends in sweet snacking. The Stock Declines as the Truth Is Revealed On June 10, 2025, J.M. Smucker reported its Q4 2025 financial results and announced that it recognized a $867 million impairment charge related to the goodwill of its Sweet Baked Snacks segment and a $113 million impairment charge related to the Hostess brand trademark driven by the 'continued underperformance of the Sweet Baked Snacks segment.' On this news, the price of J.M. Smucker stock fell $17.44 per share, or more than 18%, from $111.85 per share on June 9, 2025, to $94.41 per share on June 10, 2025. Click here for more information: What Can You Do? If you invested in J.M. Smucker you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: Or contact: Ross Shikowitz [email protected] 212.789.3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named 'Elite Trial Lawyers' by the National Law Journal, among the top '500 Leading Plaintiff Financial Lawyers' by Lawdragon, 'Titans of the Plaintiffs' Bar' by Law360 and 'SuperLawyers' by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit Attorney advertising. Past results do not guarantee future outcomes.
