Shares of Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report) have received an average recommendation of “Hold” from the twelve analysts that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $20.00.
MARA has been the topic of a number of recent analyst reports. Weiss Ratings lowered Marathon Digital from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, March 6th. Morgan Stanley began coverage on Marathon Digital in a research note on Monday, February 9th. They issued an “underweight” rating and a $8.00 target price for the company. Cantor Fitzgerald reduced their target price on Marathon Digital from $21.00 to $11.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. HC Wainwright reissued a “neutral” rating on shares of Marathon Digital in a research note on Friday, February 27th. Finally, Piper Sandler lowered their price target on Marathon Digital from $26.00 to $16.00 and set an “overweight” rating for the company in a report on Wednesday, January 14th.
Get Our Latest Analysis on MARA
Trending Headlines about Marathon Digital
- Positive Sentiment: Repurchase of convertible notes (~$1.0B cash outlay) reduces outstanding convertible debt, lowers dilution risk and strengthens the balance sheet — a clear de-risking move for creditors and equity holders. MARA Holdings, Inc. Announces $1.0 Billion Repurchase of 0.00% Convertible Senior Notes due 2030 and 2031 and Sale of 15,133 Bitcoin
- Positive Sentiment: Sale of 15,133 BTC for ~$1.1B immediately improves liquidity and funded the note repurchases, which helped spark a stock uptick even as Bitcoin fell — investors rewarded the clearer capital structure. This Bitcoin Miner Just Sold $1.1 Billion Worth of Bitcoin. Why the Stock Is Rising.
- Neutral Sentiment: Management says some proceeds will fund a shift into AI/compute infrastructure — this could diversify revenue longer term but is unproven and will require execution and capex. Why the industry’s biggest miner just sold $1bn Bitcoin to chase AI
- Neutral Sentiment: The stock has been a trending, high‑beta name — heightened retail and analyst attention can amplify intraday moves and volatility independent of fundamentals. Here is What to Know Beyond Why Marathon Digital Holdings, Inc. (MARA) is a Trending Stock
- Negative Sentiment: The sale signals a retreat from MARA’s previous HODL-heavy strategy; crypto-focused investors who wanted BTC treasury upside may view the move negatively and punish the pure-miner narrative. MARA Holdings Sells Over $1B BTC, Buys Back Outstanding Debt
- Negative Sentiment: Reducing large BTC holdings lowers upside participation if Bitcoin rallies and is being interpreted by some analysts as evidence the standalone mining model faces margin/strategic pressure. Why the industry’s biggest miner just sold $1bn Bitcoin to chase AI
Insider Activity at Marathon Digital
In related news, CFO Salman Hassan Khan sold 16,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $9.18, for a total transaction of $146,880.00. Following the completion of the transaction, the chief financial officer owned 343,165 shares of the company’s stock, valued at approximately $3,150,254.70. This represents a 4.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Frederick G. Thiel sold 27,505 shares of Marathon Digital stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $9.18, for a total transaction of $252,495.90. Following the completion of the transaction, the chief executive officer owned 4,788,954 shares in the company, valued at approximately $43,962,597.72. This trade represents a 0.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 114,515 shares of company stock worth $1,029,678 over the last three months. Corporate insiders own 0.80% of the company’s stock.
Institutional Trading of Marathon Digital
A number of institutional investors and hedge funds have recently made changes to their positions in MARA. Hollencrest Capital Management boosted its holdings in Marathon Digital by 2,407.4% in the third quarter. Hollencrest Capital Management now owns 1,354 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 1,300 shares during the last quarter. Estabrook Capital Management purchased a new stake in Marathon Digital during the second quarter valued at about $31,000. Bessemer Group Inc. increased its stake in Marathon Digital by 56.8% during the third quarter. Bessemer Group Inc. now owns 1,819 shares of the business services provider’s stock worth $33,000 after acquiring an additional 659 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in Marathon Digital during the fourth quarter worth about $36,000. Finally, Hantz Financial Services Inc. raised its holdings in shares of Marathon Digital by 344.8% in the 4th quarter. Hantz Financial Services Inc. now owns 5,022 shares of the business services provider’s stock worth $45,000 after purchasing an additional 3,893 shares during the period. 44.53% of the stock is currently owned by institutional investors and hedge funds.
Marathon Digital Stock Performance
NASDAQ:MARA opened at $8.02 on Monday. The firm has a 50 day simple moving average of $8.78 and a 200-day simple moving average of $12.53. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.27 and a quick ratio of 1.27. The firm has a market cap of $3.05 billion, a PE ratio of -2.03 and a beta of 5.51. Marathon Digital has a 1-year low of $6.66 and a 1-year high of $23.45.
Marathon Digital (NASDAQ:MARA – Get Free Report) last announced its earnings results on Thursday, February 26th. The business services provider reported ($4.52) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($4.29). The firm had revenue of $202.31 million for the quarter, compared to analyst estimates of $250.74 million. Marathon Digital had a negative return on equity of 19.01% and a negative net margin of 144.58%.The firm’s revenue was down 5.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.24 EPS. On average, equities analysts expect that Marathon Digital will post -1.04 EPS for the current year.
About Marathon Digital
Marathon Digital Holdings, Inc is a digital asset technology company specializing in the mining and acquisition of bitcoin. Headquartered in Las Vegas, Nevada, the firm employs high-performance application-specific integrated circuit (ASIC) miners and proprietary software to secure the Bitcoin network and expand its crypto-mining footprint. Marathon Digital focuses on operational efficiency and scalability, while maintaining rigorous standards for regulatory compliance and corporate governance.
The company operates multiple large-scale mining facilities throughout North America, including sites in Texas, Montana and New York.
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