Marathon Digital (NASDAQ:MARA) Trading Up 2% – Here’s Why

23 Jan 2026, 18:16 by Teresa Graham · The Cerbat Gem

Shares of Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report) were up 2% on Friday . The company traded as high as $10.99 and last traded at $10.50. Approximately 46,700,680 shares changed hands during trading, an increase of 11% from the average daily volume of 42,041,258 shares. The stock had previously closed at $10.29.

Analyst Upgrades and Downgrades

Several research firms have commented on MARA. Weiss Ratings reissued a “hold (c-)” rating on shares of Marathon Digital in a report on Monday, December 29th. JPMorgan Chase & Co. reduced their price target on shares of Marathon Digital from $20.00 to $13.00 and set an “overweight” rating for the company in a research report on Monday, November 24th. Rosenblatt Securities cut their target price on Marathon Digital from $25.00 to $22.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. Guggenheim began coverage on Marathon Digital in a research report on Tuesday, October 21st. They set a “neutral” rating on the stock. Finally, Cantor Fitzgerald decreased their target price on Marathon Digital from $30.00 to $21.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $22.44.

View Our Latest Report on Marathon Digital

Marathon Digital Stock Performance

The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.63. The business’s 50 day simple moving average is $10.78 and its 200 day simple moving average is $15.12. The company has a market cap of $3.97 billion, a P/E ratio of 5.83 and a beta of 5.34.

Marathon Digital (NASDAQ:MARA – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The business services provider reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.06). The business had revenue of $252.41 million during the quarter, compared to analysts’ expectations of $254.58 million. Marathon Digital had a negative return on equity of 2.59% and a net margin of 100.82%. Sell-side analysts predict that Marathon Digital Holdings, Inc. will post -1.04 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Salman Hassan Khan sold 34,732 shares of Marathon Digital stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $11.48, for a total transaction of $398,723.36. Following the sale, the chief financial officer owned 248,566 shares of the company’s stock, valued at approximately $2,853,537.68. This trade represents a 12.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Frederick G. Thiel sold 27,505 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $10.80, for a total value of $297,054.00. Following the completion of the transaction, the chief executive officer owned 3,517,566 shares of the company’s stock, valued at $37,989,712.80. The trade was a 0.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 182,979 shares of company stock worth $2,234,934. 0.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its position in shares of Marathon Digital by 50.8% in the fourth quarter. Farther Finance Advisors LLC now owns 7,754 shares of the business services provider’s stock worth $70,000 after buying an additional 2,613 shares in the last quarter. State of Alaska Department of Revenue increased its stake in Marathon Digital by 3.2% in the 4th quarter. State of Alaska Department of Revenue now owns 192,372 shares of the business services provider’s stock worth $1,727,000 after acquiring an additional 5,967 shares during the last quarter. Clear Creek Financial Management LLC raised its holdings in shares of Marathon Digital by 22.3% during the 4th quarter. Clear Creek Financial Management LLC now owns 33,978 shares of the business services provider’s stock worth $305,000 after acquiring an additional 6,189 shares in the last quarter. Massachusetts Financial Services Co. MA bought a new position in shares of Marathon Digital during the 4th quarter valued at approximately $10,201,000. Finally, Newbridge Financial Services Group Inc. grew its holdings in shares of Marathon Digital by 54.7% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 64,900 shares of the business services provider’s stock valued at $583,000 after purchasing an additional 22,950 shares in the last quarter. Hedge funds and other 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.