Marathon Digital’s (MARA) “Buy” Rating Reaffirmed at Rosenblatt Securities

Marathon Digital (NASDAQ:MARA)‘s stock had its “buy” rating reaffirmed by stock analysts at Rosenblatt Securities in a report released on Friday,Benzinga reports. They currently have a $15.00 price target on the business services provider’s stock. Rosenblatt Securities’ target price would suggest a potential upside of 40.85% from the company’s previous close.

A number of other brokerages have also issued reports on MARA. Cantor Fitzgerald reduced their target price on Marathon Digital from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Friday. Citizens Jmp started coverage on Marathon Digital in a research note on Wednesday, June 24th. They issued a “market outperform” rating and a $24.00 price objective for the company. Weiss Ratings lowered Marathon Digital from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, May 12th. Piper Sandler dropped their target price on Marathon Digital from $16.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, July 17th. Finally, Morgan Stanley cut their price target on shares of Marathon Digital from $7.00 to $5.50 and set an “underweight” rating on the stock in a report on Wednesday, July 8th. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Marathon Digital presently has an average rating of “Moderate Buy” and a consensus price target of $18.72.

Marathon Digital Trading Down 5.2%

NASDAQ MARA opened at $10.65 on Friday. Marathon Digital has a 12-month low of $6.66 and a 12-month high of $23.45. The company has a fifty day simple moving average of $12.90 and a two-hundred day simple moving average of $11.03. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.99. The stock has a market cap of $4.06 billion, a P/E ratio of -1.86 and a beta of 5.40.

Insider Activity

In related news, CEO Frederick G. Thiel sold 27,505 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $14.25, for a total value of $391,946.25. Following the completion of the transaction, the chief executive officer owned 4,562,009 shares of the company’s stock, valued at approximately $65,008,628.25. This represents a 0.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Zabi Nowaid sold 8,250 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $12.00, for a total value of $99,000.00. Following the completion of the sale, the general counsel directly owned 970,768 shares in the company, valued at approximately $11,649,216. The trade was a 0.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 109,260 shares of company stock worth $1,452,756. 0.97% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Marathon Digital

A number of large investors have recently added to or reduced their stakes in MARA. Integrated Wealth Concepts LLC grew its position in shares of Marathon Digital by 9.8% in the first quarter. Integrated Wealth Concepts LLC now owns 11,073 shares of the business services provider’s stock valued at $127,000 after purchasing an additional 991 shares during the period. NewEdge Advisors LLC raised its position in shares of Marathon Digital by 65.3% during the 1st quarter. NewEdge Advisors LLC now owns 7,672 shares of the business services provider’s stock worth $88,000 after purchasing an additional 3,032 shares during the last quarter. United Services Automobile Association lifted its stake in Marathon Digital by 8.2% in the 1st quarter. United Services Automobile Association now owns 20,634 shares of the business services provider’s stock valued at $257,000 after buying an additional 1,569 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Marathon Digital by 11.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 643,311 shares of the business services provider’s stock valued at $7,398,000 after buying an additional 63,903 shares in the last quarter. Finally, Envestnet Asset Management Inc. acquired a new stake in Marathon Digital in the 2nd quarter worth about $183,000. 44.53% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Marathon Digital

Here are the key news stories impacting Marathon Digital this week:

• Positive Sentiment: MARA said it is expanding its power capacity to approximately 4.8 gigawatts, supporting its strategy to combine Bitcoin mining with AI and high-performance-computing data-center infrastructure. Management views this diversification as a way to improve the use and economics of its energy assets. MARA Q2 2026 Earnings Call Highlights
• Positive Sentiment: The company continues to pursue AI infrastructure as a complement to Bitcoin mining, potentially creating a less volatile revenue stream if data-center projects attract customers and reach commercial scale. MARA Holdings Q2 Highlights
• Neutral Sentiment: MARA’s second-quarter earnings call focused on strategic expansion and the interaction between Bitcoin mining and AI power demand. The plan could improve long-term asset utilization, but it also requires substantial capital and successful execution. MARA Q2 2026 Earnings Call Transcript
• Negative Sentiment: MARA reported a $611.3 million second-quarter net loss, while revenue fell 27% year over year to $174.9 million. Bitcoin holdings declined 29% to 35,577, reducing a key balance-sheet asset and weighing on investor confidence. MARA Bitcoin Holdings Drop as Q2 Loss Widens
• Negative Sentiment: The results missed analyst expectations: reported revenue of about $174.9 million was below the roughly $209.4 million consensus, and adjusted earnings per share also fell short of estimates. The company’s negative net margin highlights the severity of the quarter’s losses. Marathon Digital Reports Q2 Loss

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.