Marathon Digital (NASDAQ:MARA) Trading 4.2% Higher – Should You Buy?

14 May 2026, 18:09 by Scott Moore · The Cerbat Gem

Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report) shares rose 4.2% during trading on Thursday . The stock traded as high as $13.70 and last traded at $13.29. Approximately 51,048,428 shares traded hands during trading, an increase of 9% from the average daily volume of 46,879,781 shares. The stock had previously closed at $12.75.

Analyst Ratings Changes

Several equities research analysts recently issued reports on MARA shares. Cantor Fitzgerald cut their price objective on Marathon Digital from $11.00 to $10.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Morgan Stanley assumed coverage on Marathon Digital in a report on Monday, February 9th. They set an “underweight” rating and a $8.00 target price for the company. Rosenblatt Securities lifted their target price on Marathon Digital from $11.00 to $15.00 and gave the company a “buy” rating in a research report on Friday, May 1st. HC Wainwright reiterated a “neutral” rating on shares of Marathon Digital in a research note on Friday, February 27th. Finally, Weiss Ratings cut shares of Marathon Digital from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $18.50.

Check Out Our Latest Stock Report on MARA

Marathon Digital Trading Up 4.2%

The company’s 50 day simple moving average is $10.02 and its 200 day simple moving average is $10.74. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.84 and a quick ratio of 1.27. The firm has a market cap of $5.07 billion, a price-to-earnings ratio of -2.32 and a beta of 5.41.

Marathon Digital (NASDAQ:MARA – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The business services provider reported ($4.52) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by ($4.29). The company had revenue of $202.31 million during the quarter, compared to analyst estimates of $250.74 million. Marathon Digital had a negative net margin of 234.83% and a negative return on equity of 23.20%. The firm’s revenue was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.24 earnings per share. As a group, research analysts expect that Marathon Digital Holdings, Inc. will post -1.67 earnings per share for the current fiscal year.

Insider Buying and Selling at Marathon Digital

In other Marathon Digital news, General Counsel Zabi Nowaid sold 42,090 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $12.00, for a total value of $505,080.00. Following the sale, the general counsel owned 1,007,047 shares of the company’s stock, valued at $12,084,564. This trade represents a 4.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Frederick G. Thiel sold 27,505 shares of Marathon Digital stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $11.68, for a total value of $321,258.40. Following the completion of the transaction, the chief executive officer owned 4,725,219 shares of the company’s stock, valued at $55,190,557.92. The trade was a 0.58% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 172,605 shares of company stock valued at $1,745,843 in the last quarter. Corporate insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hollencrest Capital Management increased its position in shares of 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 valued at $25,000 after purchasing an additional 1,300 shares during the last quarter. Bessemer Group Inc. lifted its position in shares of Marathon Digital by 56.8% during 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 last quarter. Danske Bank A S acquired a new position in shares of Marathon Digital during the third quarter worth $55,000. Ascentis Independent Advisors acquired a new position in shares of Marathon Digital during the first quarter worth $28,000. Finally, Eurizon Capital SGR S.p.A. purchased a new position in Marathon Digital in the fourth quarter valued at $36,000. Institutional investors and hedge funds 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.