J.P. Morgan raises price target for Marathon Holdings, Inc. (MARA) citing strong Q1 results.

From Yahoo Finance: 2025-06-29 21:47:00

Marathon Holdings, Inc. (NASDAQ:MARA) is a top stock in the Growth Stock Portfolio. J.P. Morgan maintains a ‘Neutral’ rating but raises price target from $18 to $19 on June 24, 2025, citing Q1 results and bitcoin data. The company achieved 95% YoY increase in hash rate, revenue grew 30% to $213.9 million.

Marathon Holdings, Inc. (NASDAQ:MARA) is a U.S.-based bitcoin mining company focusing on infrastructure and energy-efficient data centers. While potential exists for investment, other AI stocks may offer better upside with lower risk. Analysts foresee improved energy efficiency and growth through integrated operations in the future.



Read more at Yahoo Finance: J.P. Morgan Maintains ‘Neutral’ Rating on Marathon Holdings, Inc. (MARA); Raises PT