MARA Mines Bitcoin, Record Earnings

MARA Holdings (NASDAQ: MARA) has analysts in shock after its most recent earnings release, reporting an EPS value of $1.24 per share.

Mara Holdings (NASDAQ:MARA) had a record-breaking earnings release, surprising analysts with an EPS of $1.24 compared to the anticipated loss of $0.32 per share. Despite this, shares are still trading close to 52-week lows, granting a newly positive P/E ratio of 17.62.

Coming in another round of earnings reports, analysts at Mizuho Securities adjusted their price target for MARA Holdings to $9, indicating an 83.48% potential upside. This is almost twice the 45% projected upside for Coinbase (NASDAQ:COIN), which had its price target raised to $98.

Moreover, analysts at the investment bank adjusted their EPS estimate for next year, predicting an 18.84% growth in earnings.

MARA stock trades at an average multiple of 15.84 times earnings over the past five years, which is above the average P/E for the S&P 500.

Another stock seeing a dip in share value due to the current crypto sell-off is Core Scientific (NASDAQ:CORZ). Following a year of negative EPS reports, CORZ is approaching a positive EPS value again.

This new earnings report is set to release on February 26th, with an anticipated EPS of $0.10 per share. However, institutional investors are quickly buying up shares in anticipation of this return to profitability.

In the last quarter alone, institutional investors increased their holdings in CORZ stock by 108%, snatching up more than $949.8 million in shares. This massive buying spree follows a period of selling in the previous quarter, where investors sold $616.4 million in shares.

This activity is also reflected in the stock's one-year price performance, which saw an impressive 188% increase in share value. Currently, shares are down 64.3% YTD and 71% in the last six months, presenting an opportunity for growth investors seeking a value pick.

After reporting an EPS of $0.06 per share and revenue of $48.44 million, Cipher Mining (NASDAQ:CIFR) had an earnings surprise of 530% and a revenue surprise of 16.2%.

This earnings report also saw a growth rate of 160% compared to last year's earnings, and short interest decreased by 16.45% since last month.

The company's stock price has decreased by 71% YTD and 77% in the last six months, currently trading at $3.9 per share.

Despite this, institutional investors are showing strong confidence, with an increase of $546 million in new positions and a decrease of $23 million in sold positions last quarter. This follows Q3, which saw an increase of $33 million in sold positions and a decrease of $18 million in new positions.

Finally, despite recent crypto market struggles, analysts at Mizuho Securities adjusted their price target for Cipher Mining to $8.31, indicating a 107% potential upside.

After reporting earnings that came in close to expectations, Bitdeer Technologies Group (NASDAQ:BTDR) saw a decrease in institutional investor activity.

The firm had a good quarter with respect to earnings per share. Beating expectations by $0.01, the company reported an EPS of $0.08. Revenue also came in above estimates of $168.6 million, reaching $171.9 million.

However, this was not enough to impress investors, who had set a high bar for the company's performance. As a result, institutional investors pulled back slightly on their bullish bets.

This activity is also reflected in the stock's one-year price performance, which saw an increase of 238% in share value. Currently, shares are down 54.2% YTD and 62.2% in the last six months.

Growth investors may be interested in this pick, as it presents an opportunity for recovery in a market that has seen significant volatility.

This new price target represents an estimated 74% potential upside.