Marathon Digital (NASDAQ:MARA) Trading Up 3.5% – Here’s Why

11 May 2026, 19:40 by Renee Jackson · The Cerbat Gem

Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report) was up 3.5% during mid-day trading on Monday . The stock traded as high as $13.80 and last traded at $13.39. Approximately 48,386,889 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 46,966,762 shares. The stock had previously closed at $12.94.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MARA. Rosenblatt Securities raised their price objective on shares of Marathon Digital from $11.00 to $15.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Weiss Ratings cut shares of Marathon Digital from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, March 6th. HC Wainwright restated a “neutral” rating on shares of Marathon Digital in a research report on Friday, February 27th. Piper Sandler lowered their price objective on shares of Marathon Digital from $26.00 to $16.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 14th. Finally, Cantor Fitzgerald lowered their price objective on shares of Marathon Digital from $11.00 to $10.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $18.22.

Check Out Our Latest Report on MARA

Marathon Digital Stock Performance

The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.92. The company’s fifty day moving average is $9.69 and its 200 day moving average is $10.93. The company has a market cap of $5.10 billion, a P/E ratio of -3.38 and a beta of 5.41.

Marathon Digital (NASDAQ:MARA – Get Free Report) last released its earnings results on Monday, May 11th. The business services provider reported ($3.31) EPS for the quarter, missing the consensus estimate of ($0.50) by ($2.81). Marathon Digital had a negative net margin of 144.58% and a negative return on equity of 19.01%. The business had revenue of $174.61 million for the quarter, compared to the consensus estimate of $181.90 million. As a group, equities analysts predict that Marathon Digital Holdings, Inc. will post -1.67 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Marathon Digital news, CFO Salman Hassan Khan sold 16,000 shares of the firm’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $11.68, for a total value of $186,880.00. Following the sale, the chief financial officer owned 441,066 shares of the company’s stock, valued at $5,151,650.88. This trade represents a 3.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Zabi Nowaid sold 42,090 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $12.00, for a total transaction of $505,080.00. Following the completion of the sale, the general counsel directly owned 1,007,047 shares in the company, valued at approximately $12,084,564. This trade represents a 4.01% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 172,605 shares of company stock valued at $1,745,843 in the last quarter. Insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Marathon Digital

A number of large investors have recently added to or reduced their stakes in MARA. Hollencrest Capital Management grew its holdings in Marathon Digital by 2,407.4% in the 3rd quarter. Hollencrest Capital Management now owns 1,354 shares of the business services provider’s stock worth $25,000 after acquiring an additional 1,300 shares during the last quarter. Ascentis Independent Advisors bought a new stake in Marathon Digital in the 1st quarter worth $28,000. Bessemer Group Inc. lifted its position in shares of Marathon Digital by 56.8% in the 3rd quarter. Bessemer Group Inc. now owns 1,819 shares of the business services provider’s stock worth $33,000 after purchasing an additional 659 shares during the period. Bogart Wealth LLC lifted its position in shares of Marathon Digital by 4,345.1% in the 1st quarter. Bogart Wealth LLC now owns 4,045 shares of the business services provider’s stock worth $33,000 after purchasing an additional 3,954 shares during the period. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in shares of Marathon Digital in the 4th quarter worth about $36,000. Institutional investors own 44.53% of the company’s stock.

About Marathon Digital

(Get Free Report)

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.