Cantor Fitzgerald Keeps Overweight Rating on MARA After Strong Revenue

MARA Holdings, Inc. (NASDAQ:MARA) is one of the best meme stocks. On July 30, Cantor Fitzgerald kept an Overweight rating on MARA and held its price target at $39, after the company reported its Q2 2025 results.

MARA posted record revenue of $238.5 million in the second quarter, up 64% from last year. The company’s adjusted EBITDA margin also grew by about 970 basis points, reaching 22.2%.

Cantor Fitzgerald Keeps Overweight Rating on MARA After Strong Revenue

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In the second quarter of 2025, the Bitcoin mining company earned about $101,000 for each Bitcoin mined. It expects further growth in the third quarter as Bitcoin trades near $117,000 and the company works to boost its hash rate from 57.4 EH/S to 75 EH/S by the end of the year.

MARA Holdings, Inc. (NASDAQ:MARA) raised $950 million through a convertible offering, giving it funds to use for infrastructure deals or buying more Bitcoin. The company now holds over 50,000 BTC, making it the second-largest corporate holder of Bitcoin.

The company’s management is focusing on developing the company as a load balancing technology for AI and high-performance computing, but Cantor Fitzgerald points out that this plan is still in its early stages.

MARA Holdings, Inc. (NASDAQ:MARA) is a digital asset technology company in the United States that provides solutions to improve data center operations, such as liquid immersion cooling and solutions for Bitcoin miners.

While we acknowledge the risk and potential of MARA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MARA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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