Reviewing Marathon Digital (NASDAQ:MARA) and Garden Stage (NASDAQ:GSIW)

Marathon Digital (NASDAQ:MARA) and Garden Stage (NASDAQ:GSIW) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their profitability, valuation, dividends, earnings, analyst recommendations, institutional ownership and risk.

Analyst Recommendations

This is a breakdown of current recommendations for Marathon Digital and Garden Stage, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Marathon Digital	2	2	7	0	2.45
Garden Stage	1	0	0	0	1.00

Marathon Digital currently has a consensus price target of $18.38, suggesting a potential upside of 32.38%. Given Marathon Digital’s stronger consensus rating and higher probable upside, research analysts clearly believe Marathon Digital is more favorable than Garden Stage.

Valuation and Earnings

This table compares Marathon Digital and Garden Stage”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Marathon Digital	$867.82 million	6.10	-$1.31 billion	($5.72)	-2.43
Garden Stage	$5.47 million	5.78	-$4.32 million	N/A	N/A

Garden Stage has lower revenue, but higher earnings than Marathon Digital.

Institutional & Insider Ownership

44.5% of Marathon Digital shares are held by institutional investors. Comparatively, 0.5% of Garden Stage shares are held by institutional investors. 0.8% of Marathon Digital shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Volatility & Risk

Marathon Digital has a beta of 5.38, indicating that its share price is 438% more volatile than the S&P 500. Comparatively, Garden Stage has a beta of 3.99, indicating that its share price is 299% more volatile than the S&P 500.

Profitability

This table compares Marathon Digital and Garden Stage’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Marathon Digital	-234.83%	-23.20%	-12.51%
Garden Stage	N/A	N/A	N/A

Summary

Marathon Digital beats Garden Stage on 8 of the 12 factors compared between the two stocks.

About Marathon Digital

MARA Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Digital Holdings, Inc. and changed its name to MARA Holdings, Inc. in August 2024. MARA Holdings, Inc. was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.

About Garden Stage

Garden Stage Limited, through its subsidiaries, provides securities dealing and brokerage, underwriting and placing, and other financial services in Hong Kong. It also offers asset management services comprising discretionary account management and fund management services. The company was incorporated in 2022 and is headquartered in Central, Hong Kong. Garden Stage Limited operates as a subsidiary of Oriental Moon Tree Limited.