Latest news with #MARA
Yahoo
3 hours ago
- Business
- Yahoo
Should MARA Stock Be in Your Portfolio Pre-Q2 Earnings?
Marathon Digital Holdings, Inc. MARA is set to report second-quarter 2025 results on July 29, after the bell. The Zacks Consensus Estimate for the bottom line is pegged at a loss of 49 cents per share compared with a loss of 24 cents in the year-ago quarter. The consensus mark for revenues is pinned at $228.9 million, indicating 57.7% year-over-year growth. Earnings surpassed the Zacks Consensus Estimate in one of the past four quarters, matched once and missed in the other two, delivering an average surprise of 136.1%. The bottom-line estimate has remained unchanged in the past 30 days. Bleak Chances of an Earnings Beat for MARA Our proven model doesn't conclusively predict an earnings beat for RIOT this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. MARA has an Earnings ESP of 0.00% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. Dual Approach Should Boost MARA's Revenues MARA's top line in the to-be-reported quarter is likely to have benefited from the company's dual approach to Bitcoin mining, combining revenue generation with strategic asset accumulation. By leveraging its expansive and energy-efficient mining operations, it produces Bitcoin at lower costs, ensuring consistent revenue streams. MARA retains a significant portion of the Bitcoin it mines, positioning itself to capitalize on potential price appreciation over time. MARA's Price Dynamics The stock has gained 21% over the past three months. Over this period, MARA's competitors in the bitcoin-mining space, such as Riot Platforms, Inc. RIOT and HuT 8 Corp. HUT have gained 96% and 56%, respectively. Marathon Digital Holdings, Inc. Price and EPS Surprise Marathon Digital Holdings, Inc. price-eps-surprise | Marathon Digital Holdings, Inc. Quote Pre-Earnings Investment Considerations MARA remains a cautious hold amid a mixed performance landscape. Its strategic expansion through increased mining capacity and cost-effective facility acquisitions supports long-term growth. Additionally, the prospect of a crypto-friendly regulatory environment is likely to have provided a favorable tailwind for the company. Although its revenue generation appears robust, near-term profitability continues to face challenges. The firm's balanced approach of combining immediate income with strategic asset accumulation suggests that investors should hold their positions while awaiting operational improvements and a supportive market backdrop. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report Riot Platforms, Inc. (RIOT) : Free Stock Analysis Report Hut 8 Corp. (HUT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
a day ago
- Business
- Globe and Mail
Should MARA Stock Be in Your Portfolio Pre-Q2 Earnings?
Marathon Digital Holdings, Inc. MARA is set to report second-quarter 2025 results on July 29, after the bell. The Zacks Consensus Estimate for the bottom line is pegged at a loss of 49 cents per share compared with a loss of 24 cents in the year-ago quarter. The consensus mark for revenues is pinned at $228.9 million, indicating 57.7% year-over-year growth. Earnings surpassed the Zacks Consensus Estimate in one of the past four quarters, matched once and missed in the other two, delivering an average surprise of 136.1%. The bottom-line estimate has remained unchanged in the past 30 days. Bleak Chances of an Earnings Beat for MARA Our proven model doesn't conclusively predict an earnings beat for RIOT this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. MARA has an Earnings ESP of 0.00% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. Dual Approach Should Boost MARA's Revenues MARA's top line in the to-be-reported quarter is likely to have benefited from the company's dual approach to Bitcoin mining, combining revenue generation with strategic asset accumulation. By leveraging its expansive and energy-efficient mining operations, it produces Bitcoin at lower costs, ensuring consistent revenue streams. MARA retains a significant portion of the Bitcoin it mines, positioning itself to capitalize on potential price appreciation over time. MARA's Price Dynamics The stock has gained 21% over the past three months. Over this period, MARA's competitors in the bitcoin-mining space, such as Riot Platforms, Inc. RIOT and HuT 8 Corp. HUT have gained 96% and 56%, respectively. Marathon Digital Holdings, Inc. Price and EPS Surprise Marathon Digital Holdings, Inc. price-eps-surprise | Marathon Digital Holdings, Inc. Quote Pre-Earnings Investment Considerations MARA remains a cautious hold amid a mixed performance landscape. Its strategic expansion through increased mining capacity and cost-effective facility acquisitions supports long-term growth. Additionally, the prospect of a crypto-friendly regulatory environment is likely to have provided a favorable tailwind for the company. Although its revenue generation appears robust, near-term profitability continues to face challenges. The firm's balanced approach of combining immediate income with strategic asset accumulation suggests that investors should hold their positions while awaiting operational improvements and a supportive market backdrop. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include Stock #1: A Disruptive Force with Notable Growth and Resilience Stock #2: Bullish Signs Signaling to Buy the Dip Stock #3: One of the Most Compelling Investments in the Market Stock #4: Leader In a Red-Hot Industry Poised for Growth Stock #5: Modern Omni-Channel Platform Coiled to Spring Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%. Download Atomic Opportunity: Nuclear Energy's Comeback free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marathon Digital Holdings, Inc. (MARA): Free Stock Analysis Report Riot Platforms, Inc. (RIOT): Free Stock Analysis Report Hut 8 Corp. (HUT): Free Stock Analysis Report
Yahoo
a day ago
- Business
- Yahoo
Mining Profitability Climbed Over 5% in June as Hashrate Fell, BTC Price Rose: Jefferies
Bitcoin (BTC) mining profitability increased 5.3% in June, buoyed by a 1.2% increase in the cryptocurrency's price and a 6.7% drop in the network hashrate, according to a report by investment bank Jefferies. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. It is measured in exahashes per second (EH/s). The profitability boost came as extreme summer heat across the U.S. drove up energy prices, prompting less efficient miners to throttle operations. So far in July, bitcoin has surged past $123,000, to set a new all-time high driven by increasingly favorable crypto regulation and a weakening U.S. dollar following tariff-related comments from President Donald Trump. The macro and regulatory backdrop has intensified investor interest and provided a fresh tailwind for mining firms, the report said. Despite the improved profitability, North American public miners saw a month-over-month decline in bitcoin production, analysts Jonathan Petersen and Jan Aygul wrote. In June, they mined a total of 3,382 BTC, down from 3,754 in May. They accounted for 25.1% of the global network, versus 26.3% the prior month, the report noted. MARA (MARA) led in output with 713 BTC mined, followed by CleanSpark with 685 tokens. MARA also maintained its lead in energized hashrate, posting 57.4 EH/s at the end of June, down slightly from May's 58.3 EH/s. CLSK held the second-highest hashrate at 45.3 EH/s, the bank said. Bitcoin mining economics improved last month. A hypothetical 1 EH/s mining fleet would have generated approximately $57,000 in daily revenue during June, up from $54,000 in May, the report added.
The Sun
2 days ago
- Sport
- The Sun
MRSM declares holiday after historic rugby championship win
KUALA LUMPUR: Maktab Rendah Sains MARA (MRSM) boarding schools across the country will enjoy a holiday tomorrow following MRSM Balik Pulau's historic win in the 2025 Super Schools Rugby Championship. The announcement was made by MARA chairman Datuk Dr Asyraf Wajdi Dusuki in a social media post, praising the team's achievement. 'All MRSM nationwide will observe a holiday tomorrow (July 28, 2025) in conjunction with MRSM Balik Pulau's victory in the 2025 Super Schools Rugby Championship. Congratulations to the MRSM BP Cougars,' he said. The BP Cougars secured a dramatic 14-13 win against Victoria Institution (VI) in the final held at Putrajaya Equestrian Park, marking the first time an MRSM team has won the prestigious tournament. Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar also congratulated the team, highlighting their perseverance. 'After 10 years of competing, the Cougars have finally claimed the title. Well done MRSM Balik Pulau for bringing pride to your school and MARA,' he said in a Facebook post. – Bernama
The Sun
3 days ago
- Politics
- The Sun
Islam and Malay rights secure under Unity Govt says Asyraf Wajdi
KUALA BERANG: UMNO secretary-general Datuk Dr Asyraf Wajdi Dusuki has refuted allegations that Islam and the Malay community are under threat within the current Unity Government, labelling such claims as unfounded slander. He emphasised that Islam continues to thrive under the administration, backed by substantial government funding. 'This figure excludes allocations for Islamic programmes and initiatives to strengthen Malay education and economy through agencies like MARA and KKDW,' Asyraf Wajdi stated. Speaking at the opening of the Hulu Terengganu UMNO division delegates meeting 2025 in Jenagor, he highlighted the efforts of Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi and cabinet ministers in advancing the Islamic agenda over the past 30 months. Asyraf Wajdi, who also chairs MARA, urged UMNO members to counter false narratives that could disrupt Malaysia's multiracial harmony. 'These accusations stem from envy towards UMNO's role in the Unity Government,' he added. Terengganu UMNO chairman Datuk Rozi Mamat was also present at the event. - Bernama
