Rosenblatt Maintains Buy on MARA Holdings (MARA) While Slashing PT to $15

JPMorgan besides lowered the firm’s terms people connected Mara Holdings to $13 from $20 with an Overweight standing connected the shares earlier connected November 24. This sentiment was posted arsenic JPMorgan cited little bitcoin prices and a higher stock number for the people cut.

In Q3 2025, Mara Holdings reported a 92% gross surge to $252.4 million, which was up from $131.6 cardinal successful the aforesaid play past year. The institution achieved a turnaround successful profitability and reported a nett income of $123.1 cardinal (or $0.27 per diluted share), compared to a nett nonaccomplishment of $124.8 cardinal successful Q3 2024. This show was driven by an 88% summation successful the mean terms of Bitcoin and a $343.1 cardinal summation connected integer assets.

The company’s Bitcoin-related metrics showed important growth, with its energized hash complaint expanding 64% year-over-year to 60.4 exahash per 2nd (EH/s). Mara Holdings mined 2,144 Bitcoin during the quarter, and its full holdings grew by 98% to astir 53,000 Bitcoin. Despite a competitory situation wherever planetary web trouble reached all-time highs, Mara Holdings improved its operational efficiency, reducing the regular outgo per petahash by 15% year-over-year. The mean purchased vigor outgo per Bitcoin mined during the 4th was $39,235.

Mara Holdings Inc. (NASDAQ:MARA) operates arsenic a integer plus exertion institution successful the US and Europe. It besides provides exertion solutions to optimize information halfway operations, specified arsenic liquid immersion cooling and firmware for Bitcoin miners.

While we admit the imaginable of MARA arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.