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How to Buy Marathon Digital Holdings Stock

Marathon Digital Holdings Inc

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States.

Marathon Digital Holdings stock last closed at $19.09, down 1.8% from the previous day, and has increased 114.74% in one year. It has overperformed other stocks in the Capital Markets industry by 0.97 percentage points. Marathon Digital Holdings stock is currently +166.62% from its 52-week low of $7.16, and -44% from its 52-week high of $34.09.

As of Apr 24, 2024, there are 267.64M MARA shares outstanding. The market capitalization of MARA is $5.11B. In the last 24 hours, 45.2M MARA shares were traded.

How to Buy Marathon Digital Holdings Stock

Wondering how to invest in Marathon Digital Holdings stock? Here's how.
  1. Figure out where to buy Marathon Digital Holdings stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Marathon Digital Holdings stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Pick your payment method and add your info.
  4. Analyze Marathon Digital Holdings stock: The Marathon Digital Holdings ticker symbol is MARA. Is Marathon Digital Holdings stock a good investment? Should you buy shares of MARA? How do MARA's underlying business fundamentals look? Do top analysts think Marathon Digital Holdings is a good buy? Why has MARA's stock price moved recently? (Hint: Our stock market research website can help you decide if MARA is a good stock to buy).
  5. Execute your MARA trade: Decide if you will purchase MARA shares at the current market price or use a limit order to buy MARA stock at a specific price.
  6. Track your MARA position: Create a watchlist to the latest updates on your investment in Marathon Digital Holdings shares.

Step 1: Figure out where to buy Marathon Digital Holdings stock

You will need a brokerage account in order to access the NASDAQ market and buy MARA shares.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to buy MARA stock today.

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  2. Enter your personal details to create a new trading account.
  1. Send your application by clicking the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you have finished signing up on one of the best stock trading apps, you can securely and quickly fund your account:

Check out this video walkthrough to see the process of transferring funds into your investment account.

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Step 4: Analyze Marathon Digital Holdings stock

After you have chosen the best place to buy Marathon Digital Holdings stock, it's crucial to evaluate their stock prior to buying, so you can understand the risk and upside.

Marathon Digital Holdings Numbers

MARA Price
$19.09
1w %
30.49%
1y %
114.74%
5y %
515.81%
P/E
13.54x
P/B
3.16x
P/S
9.06x
PEG
0.2x
Revenue
$387.51M
Earnings
$259.05M
Fore. Rev. Growth
36.44%
Fore. Earn. Growth
66.94%
Market Cap
$5.11B
Next Earnings
May 8, 2024
Next Dividend
N/A

MARA Overview

WallStreetZen was created to help everyday investors do better fundamental analysis quickly.

You can see all of the due diligence checks on MARA's stock page.

Is MARA stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge MARA's intrinsic value.

Using relative valuations ratios:

  • MARA may be undervalued based on its P/E ratio of 13.54x, relative to Capital Markets industry P/E ratio of 20.5x
  • MARA may be overvalued based on its P/B ratio of 3.16x, relative to Capital Markets industry P/B ratio of 1.87x
  • MARA could be undervalued based on its PEG ratio of 0.2x

You can do more valuation analysis on MARA's stock here.

A look at MARA Cashflows and Balance Sheet

Positive Financial Indicators:

  • There are more short-term assets than long-term liabilities on the MARA balance sheet.
  • MARA has a low debt to equity ratio of 0.23.
  • There are more short-term assets than short-term liabilities on the MARA balance sheet.
  • Total MARA debt is lower than 5 years ago, relative to shareholder equity.
  • MARA has cash burn of 343262000. It has sufficient cash and short-term investments to cover this for at least one year.
  • MARA profit margin has gone up from -589.4% to 66.9% in the past year.

Negative Financial Indicators:

  • MARA has $1.00B in cash and short term investments. This is not enough to cover its annual cash burn of $343.26M.

Do Wall Street analysts think it's a good time to buy MARA stock

Out of 5 Equities analysts who give recommendations on MARA, the consensus analyst rating on Marathon Digital Holdings is a Hold

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Marathon Digital Holdings stock forecast page.

MARA Technicals

SMA10
16.57
SMA20
18.07
SMA50
21.38
SMA100
20.6
SMA200
16.06
MACD
-0.95
MACD Signal
-1.33
MACD Histogram
0.38
RSI
52.33
Stochastic %K
73.74
Stochastic %D
55.01
StochRSI %K
97.89
StochRSI %D
85.12

Is MARA Making Money?

Last year, MARA revenue was $387.51M. In the last five year, MARA's revenue has gone up by 201.23% per year. This was faster than the Capital Markets industry average of 13.53%.

You can analyze MARA's earnings and revenue performance here.

Are MARA executives and large shareholders buying or selling the stock?

Over the last 12 months, insiders at MARA have sold more shares than they have bought.

James Crawford, Chief Operating Officer of MARA, was the latest MARA insider to sell. They sold $571,083.30 worth of MARA shares on Feb 16, 2024.

Research more about who owns MARA shares here.

Does MARA provide a stable income stream?

No, Marathon Digital Holdings doesn't provide an income stream by paying out dividends.

What do other traders have to say about MARA?

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your MARA trade

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given price, place a limit order.

Hit the Open Trade button and eToro will place your order.

If you need more help investing in stocks on eToro, click the how to video below:

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Step 6: Track your MARA position

Now that you own some shares in MARA, you'll want to keep up with your new investment.

Create a watchlist to keep tabs on your MARA stock.

MARA Feed

How to Buy Stock in Marathon Digital Holdings

To reiterate, here are the 6 steps for buying Marathon Digital Holdings stock:

  1. Figure out where to buy Marathon Digital Holdings stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Marathon Digital Holdings stock
  5. Execute your MARA trade
  6. Track your MARA position

If you require a place to buy stocks, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to track your investment in Marathon Digital Holdings, add MARA to your watchlist below.

NASDAQ: MARA
$19.09-0.35 (-1.8%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: MARA
$19.09-0.35 (-1.8%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Marathon Digital Holdings share?

As of Apr 24, 2024, it costs $19.09 to buy one share of Marathon Digital Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.471 shares of MARA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Marathon Digital Holdings stock?

According to 5 Wall Street analysts who monitor Marathon Digital Holdings, their consensus recommendation is to hold Marathon Digital Holdings stock.

What is the best way to buy Marathon Digital Holdings stock?

One way to place an order for Marathon Digital Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.