1 Wall Street Analyst Thinks Marathon Digital Stock Is Going to $27. Is It a Buy?
MARAMarathon(MARA) The Motley Fool·2024-05-15 00:29

The company looks like a decent buy on weakness just now. One of the stocks that got rocked this earnings season was Marathon Digital (MARA 4.17%). The company, which mines Bitcoin, reported its first-quarter earnings. To say these were mixed would be an understatement; while it crushed the consensus analyst estimate for profitability, it whiffed badly on revenue. Investors were more worried about the latter and traded the stock down. Following this trajectory, one pundit cut his price target on Marathon's ...