Wall Street Analysts Show Mixed Signals On MARA Holdings, Inc. (MARA)

MARA Holdings, Inc. (NASDAQ:MARA) is among the best US stocks to buy under $20. As of November 26, MARA Holdings, Inc. (NASDAQ:MARA) faces mixed analyst opinions, with slightly more than half of all the analysts covering it assigning a Buy or equivalent rating. With a consensus 1-year median price target of $26, the stock has an upside of over 134%.

On November 24, JPMorgan reaffirmed its Overweight rating on the stock but reduced the price target from $20 to $13. The firm lowered its estimates due to a decline in bitcoin prices and a decrease in share count, leading to a downward revision of the price target.

Earlier, on November 5, 2025, Clear Street reduced the price target on MARA Holdings, Inc. (NASDAQ:MARA) to $16 from $18, while keeping a ‘Hold’ rating on the stock, as reported by TheFly. Not only that, the firm has trimmed its 2025-27 revenue guidance by nearly 13% and adjusted EBITDA by approximately 25%. Although the company’s transition from an asset-light miner to a vertically integrated operator is a “sound” strategy, MARA is about a year behind its peers in execution, according to Clear Street.

On the same day, Cantor Fitzgerald also trimmed its price target on MARA Holdings, Inc. (NASDAQ:MARA) to $21.00 from $30.00, with an ‘Overweight’ rating. This downward revision in outlook reflected “the recent move lower in Bitcoin,” the analyst said. Overall, the investment bank highlighted the company’s business strategy, stating that it is “extremely focused on diversifying its business.” With this adopted approach, the firm believes, if successful, “MARA’s business could be significantly bigger.”

Both of these ratings followed closely on the heels of MARA Holdings, Inc. (NASDAQ:MARA) announcing its third-quarter results on November 4, reporting a 370% positive surprise in EPS. The actual revenue was also slightly ahead of expectations.

MARA Holdings, Inc. (NASDAQ:MARA) is a Florida-based digital asset technology company with a presence across the United States and Europe. Founded in 2010, the company also specializes in technology solutions to enhance data center operations.

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Disclosure: None.