MARA Holdings, Inc.

NasdaqCM:MARA 株式レポート

時価総額：US$4.4b

MARA Holdings マネジメント

マネジメント 基準チェック /24

MARA Holdingsの CEO はFred Thielで、 Apr2021年に任命され、 の在任期間は 5.08年です。 の年間総報酬は$ 43.24Mで、 2.2%給与と97.8%のボーナス（会社の株式とオプションを含む）で構成されています。 は、会社の株式の1.24%を直接所有しており、その価値は$ 54.15M 。経営陣と取締役会の平均在任期間はそれぞれ2.9年と4.4年です。

主要情報

Fred Thiel

最高経営責任者

US$43.2m

報酬総額

CEO給与比率2.20%
CEO在任期間5.1yrs
CEOの所有権1.2%
経営陣の平均在職期間2.9yrs
取締役会の平均在任期間4.4yrs

経営陣の近況

Recent updates

MARA Holdings: De-Risking The Balance Sheet For The AI Boom

Apr 27

MARA Holdings Inc. – Strategic Expansion into AI, HPC Infrastructure and Data Center Scale

MARA Holdings Inc. has accelerated its transition from a Bitcoin mining-focused company into a broader digital infrastructure platform through a series of strategic investments, acquisitions, and partnerships spanning AI, high-performance computing (HPC), and data center operations.

MARA Holdings Inc. Delivers Strong Q3 2025 Turnaround as Bitcoin Price Surge, Hash Rate Expansion, and Energy Strategy Drive Profitability

Analyst: Qudus Adebara (Head of Research, Wane Trading Club) Executive Summary MARA Holdings Inc. recorded a strong financial turnaround in Q3 2025 , supported by surging Bitcoin prices, significant expansion in energized hash rate, and disciplined capital deployment.

MARA: AI Data Center Expansion Will Drive Future Optional Upside Potential

Analysts have trimmed the price target for MARA Holdings by $1, reflecting updated assumptions for a slightly lower fair value and P/E multiple as they weigh bitcoin exposure against the company’s push into high performance computing and AI related infrastructure. Analyst Commentary Street research on MARA Holdings has recently tilted cautious, with several bearish analysts cutting price targets and reassessing the balance between bitcoin mining exposure and the move into high performance computing and AI related infrastructure.

MARA: AI And Data Center Shift Will Drive Future Upside Potential

Analysts have reset expectations for Mara Holdings with a large cut in the average price target. They generally cite weaker bitcoin assumptions, mixed execution on the shift toward high performance computing and AI, and ongoing uncertainty around how quickly new data center partnerships will translate into meaningful revenue.

MARA: AI Data Center Pivot Is Expected To Unlock Future Upside

Analysts have cut their blended fair value estimate for Mara Holdings by about $5.85 to $16.57, reflecting lower bitcoin price assumptions, reduced revenue growth expectations, and a view that the company's pivot to high performance computing and AI driven data centers introduces additional execution risk, even as it improves projected profit margins and trims the future P/E multiple. Analyst Commentary Recent Street research on Mara Holdings has tilted more cautious, with several firms trimming price targets and one downgrade to Neutral.

MARA Holdings, Inc. Partners with Starwood Capital Group to Build Next-Generation Digital Infrastructure

Author: Qudus Adebara (Founder of Wane Investment House) Executive Summary MARA Holdings, Inc. has entered a strategic partnership with Starwood Capital Group and its data center platform, Starwood Digital Ventures (SDV) , to convert and expand select MARA sites into next-generation digital infrastructure.

MARA: West Texas Power Scale Will Face Softer Margins Under Tightening Crypto Rules

Analysts have lowered their price target on Mara Holdings to $8.00 from $11.25, citing updated assumptions that include a higher implied revenue decline, slightly softer profit margins, and a reduced forward P/E multiple despite a modestly lower discount rate. Analyst Commentary Recent research around Mara Holdings has tilted more cautious, with several bearish analysts resetting expectations through lower price targets and more conservative assumptions.

MARA: Vertically Integrated Expansion Will Support West Texas Power Capacity Under Evolving Crypto Rules

The analyst price target for MARA Holdings has been reduced by $1.75 to $11.25, as analysts factor in a higher discount rate, slightly softer long term profit margin assumptions, and a lower future P/E multiple following recent sector and company specific research updates. Analyst Commentary Recent street research on MARA Holdings shows a mix of views, but there are clear pockets of caution that focus on valuation, execution, and growth risks.

MARA: Vertically Integrated Model Will Drive Future Upside From Recent Power Deal

Analysts have lifted their fair value estimate for MARA Holdings to $30 from $28, reflecting updated assumptions for slower revenue growth and slimmer profit margins, a higher discount rate, and a materially higher future P/E multiple. Analyst Commentary Street research on MARA Holdings has been mixed, but there are several clearly bullish signals that help explain why some investors are willing to underwrite a higher fair value, even with more conservative growth and margin assumptions.

MARA: Vertically Integrated Expansion Will Drive West Texas Power And Capacity Story

Analysts have updated their view on MARA Holdings to reflect a fair value of US$13.00, with a higher discount rate, a swing to a 6.64% revenue decline assumption, and a very large future P/E multiple. They cite mixed Street targets that range from US$16 to US$30 and varied opinions on execution timing and bitcoin sensitivity.

MARA: Vertical Integration And Power Buildout Are Expected To Unlock Future Upside

The analyst price target for Mara Holdings has been reduced by approximately $1.55 per share as analysts temper long term revenue growth and valuation assumptions, despite acknowledging the company's strategic shift toward vertical integration and recent rating upgrades. Analyst Commentary Analyst commentary on Mara Holdings reflects a mixed but evolving view as the company pivots toward a more vertically integrated model and faces ongoing sensitivity to bitcoin price assumptions.

MARA Accelerates Transformation with AI & HPC Expansion and Strategic MPLX Energy Partnership

Author: Qudus Adebara (Founder of Wane Investment House, Nigeria) MARA Holdings Inc. is executing a strategic pivot from a pure-play Bitcoin miner to a vertically integrated digital infrastructure company , anchored on AI & High-Performance Computing (HPC) expansion and energy-backed data center development.

MARA: Vertically Integrated Buildout Will Test Execution Amid Heightened Crypto Regulatory Backdrop

Analysts have trimmed their fair value estimate for MARA Holdings to $13, down from $18, as they factor in slower projected revenue growth, a higher discount rate, and execution that continues to lag vertically integrated mining peers despite the potential of its evolving strategy. Analyst Commentary Recent Street research on MARA Holdings reflects a mixed but increasingly nuanced view of the company, with the latest actions underscoring both the upside tied to bitcoin leverage and the persistent concerns around execution and capital deployment.

MARA: Future Integration Efforts Are Expected To Unlock Shareholder Value

Analysts have lowered their price target for MARA Holdings from $18 to $16, citing reduced future revenue and EBITDA forecasts. They also noted ongoing uncertainties around the company’s shift to a more vertically integrated business model.

MARA: Expanding Industry Leadership Will Drive Long-Term Sector Opportunity

The analyst price target for MARA Holdings has increased slightly from $23.78 to $24.14, as analysts cite the company's industry leadership while noting a more cautious outlook following revised expectations for revenue growth and profit margins. Analyst Commentary Recent analyst reports offer a mixed view on MARA Holdings, highlighting both optimism and caution in their assessments.

AI Infrastructure And Renewable Energy Will Unlock New Markets

The analyst price target for MARA Holdings has increased from $34 to $39 per share, reflecting analysts' confidence in the company's growing bitcoin treasury and its strong capital market position. Analyst Commentary Recent research updates highlight renewed optimism among analysts regarding MARA Holdings, as reflected in higher price targets and continued favorable ratings.

AI Infrastructure And Renewable Energy Will Unlock New Markets

With no analyst reasoning provided and the top valuation metrics—Discount Rate (9.73%) and Net Profit Margin (3.98%)—remaining stable, MARA Holdings’ consensus analyst price target is unchanged at $23.87. What's in the News The White House has issued an order directing regulators to expand 401(k) access to crypto and other alternative investments, increasing risk exposure in retirement portfolios (Reuters, 2025-08-10).

MARA Holdings, Inc.'s (NASDAQ:MARA) 27% Jump Shows Its Popularity With Investors

Jul 17
MARA Holdings, Inc.'s (NASDAQ:MARA) 27% Jump Shows Its Popularity With Investors

Further Upside For MARA Holdings, Inc. (NASDAQ:MARA) Shares Could Introduce Price Risks After 28% Bounce

May 04
Further Upside For MARA Holdings, Inc. (NASDAQ:MARA) Shares Could Introduce Price Risks After 28% Bounce

Take Care Before Jumping Onto MARA Holdings, Inc. (NASDAQ:MARA) Even Though It's 29% Cheaper

Mar 19
Take Care Before Jumping Onto MARA Holdings, Inc. (NASDAQ:MARA) Even Though It's 29% Cheaper

MARA Holdings: Trump Trade That Wasn't; Buying Aggressively After Inauguration

Jan 23

MARA Holdings: Second-Largest Bitcoin Company Trades At Deep Value

Jan 16

What You Can Learn From MARA Holdings, Inc.'s (NASDAQ:MARA) P/S After Its 26% Share Price Crash

Jan 05
What You Can Learn From MARA Holdings, Inc.'s (NASDAQ:MARA) P/S After Its 26% Share Price Crash
User avatar

Tactical Data Center Expansion And NGON Partnership Will Boost Earnings And Net Margins

MARA Holdings' acquisition strategy and partnerships focus on cost efficiencies, potentially improving net margins via cheaper electricity and data center valuations.

Estimating The Intrinsic Value Of MARA Holdings, Inc. (NASDAQ:MARA)

Dec 19
Estimating The Intrinsic Value Of MARA Holdings, Inc. (NASDAQ:MARA)

CEO報酬分析

MARA Holdings の収益と比較して、Fred Thiel の報酬はどのように変化したか？
日付総報酬給与会社業績
Dec 31 2025n/an/a

-US$1b

Sep 30 2025n/an/a

US$927m

Jun 30 2025n/an/a

US$679m

Mar 31 2025n/an/a

-US$329m

Dec 31 2024US$43mUS$950k

US$541m

Sep 30 2024n/an/a

US$165m

Jun 30 2024n/an/a

US$289m

Mar 31 2024n/an/a

US$478m

Dec 31 2023US$36mUS$800k

US$259m

Sep 30 2023n/an/a

-US$284m

Jun 30 2023n/an/a

-US$357m

Mar 31 2023n/an/a

-US$558m

Dec 31 2022US$7mUS$678k

-US$694m

Sep 30 2022n/an/a

-US$292m

Jun 30 2022n/an/a

-US$241m

Mar 31 2022n/an/a

-US$138m

Dec 31 2021US$19mUS$340k

-US$30m

Sep 30 2021n/an/a

-US$53m

Jun 30 2021n/an/a

-US$33m

Mar 31 2021n/an/a

US$74m

Dec 31 2020US$47kn/a

-US$10m

Sep 30 2020n/an/a

-US$6m

Jun 30 2020n/an/a

-US$5m

Mar 31 2020n/an/a

-US$4m

Dec 31 2019US$20kn/a

-US$4m

報酬と市場: Fredの 総報酬 ($USD 43.24M ) は、 US市場 ($USD 7.20M ) の同規模の企業の平均を上回っています。

報酬と収益: Fredの報酬は増加しましたが、会社は利益を上げていません。

CEO

Fred Thiel (64 yo)

5.1yrs
在職期間
US$43,244,809
報酬

Mr. Frederick G. Thiel, also known as Fred, is Senior Advisor of Graham Partners, Inc. He was Operating Partner of Graham Partners, Inc. from 2008. He is CEO & Executive Chairman of MARA Holdings, Inc. fro...

リーダーシップ・チーム

名称ポジション在職期間報酬所有権
Frederick Thiel
CEO & Executive Chairman5.1yrsUS$43.24m1.24%
$ 54.2m
Salman Khan
Chief Financial Officer2.9yrsUS$28.44m0.59%
$ 25.6m
Zabi Nowaid
General Counsel & Company Secretaryno dataUS$11.59m0.26%
$ 11.5m
James Crawford
Chief Operating Officer13.2yrsUS$7.56mデータなし
John Ellis
Chief Accounting Officer2.3yrsデータなしデータなし
Robert Samuels
Vice President of Investor Relationsno dataデータなしデータなし
Summer Anderson
Chief People Officerno dataデータなしデータなし
Nir Rikovitch
Chief Product Officerless than a yearデータなしデータなし
Daren Mancini
Chief Commercial Officerno dataデータなしデータなし
William Beam
Vice President of Finance & Operations Controlno dataデータなしデータなし
2.9yrs
平均在職期間
50yo
平均年齢

経験豊富な経営陣: MARAの経営陣は 経験豊富 であると考えられます ( 2.9年の平均在職年数)。

取締役

名称ポジション在職期間報酬所有権
Frederick Thiel
CEO & Executive Chairman8.1yrsUS$43.24m1.24%
$ 54.2m
Douglas Mellinger
Lead Independent Director4.2yrsUS$622.96k0.045%
$ 2.0m
Georges Antoun
Independent Director5yrsUS$646.71k0.044%
$ 1.9m
Janet George
Independent Director1.7yrsUS$251.62k0.014%
$ 614.0k
Sameer Doctor
Member of Advisory Board4.6yrsデータなしデータなし
Jay Leupp
Independent Director5yrsUS$664.21k0.047%
$ 2.0m
Barbara Humpton
Independent Director1.7yrsUS$251.62k0.014%
$ 614.0k
Vicki Mealer-Burke
Independent Director2.1yrsUS$599.21k0.015%
$ 665.8k
4.4yrs
平均在職期間
62yo
平均年齢

経験豊富なボード: MARAの 取締役会 は 経験豊富 であると考えられます ( 4.4年の平均在任期間)。

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/04 03:34
終値2026/05/01 00:00
収益2025/12/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

MARA Holdings, Inc. 13 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。24

アナリスト機関
Ramsey El-AssalBarclays
Gautam ChhuganiBernstein
Gregory LewisBTIG