Marathon Digital (NASDAQ:MARA) Stock Price Down 3.5% – What’s Next?

26 Dec 2025, 21:54 by Michael Walen · The Markets Daily

Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report) traded down 3.5% during trading on Friday . The stock traded as low as $9.43 and last traded at $9.59. 28,164,638 shares were traded during mid-day trading, a decline of 39% from the average session volume of 45,961,625 shares. The stock had previously closed at $9.94.

Analyst Ratings Changes

Several equities analysts have issued reports on MARA shares. BTIG Research restated a “buy” rating and set a $27.00 target price on shares of Marathon Digital in a research note on Friday, September 5th. Guggenheim began coverage on shares of Marathon Digital in a research report on Tuesday, October 21st. They set a “neutral” rating on the stock. JPMorgan Chase & Co. dropped their target price on shares of Marathon Digital from $20.00 to $13.00 and set an “overweight” rating on the stock in a report on Monday, November 24th. Rosenblatt Securities decreased their target price on shares of Marathon Digital from $25.00 to $22.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Finally, Cantor Fitzgerald lowered their price target on Marathon Digital from $30.00 to $21.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $23.56.

Get Our Latest Stock Report on Marathon Digital

Marathon Digital Stock Down 3.5%

The company has a debt-to-equity ratio of 0.63, a current ratio of 2.09 and a quick ratio of 2.09. The firm has a market capitalization of $3.63 billion, a P/E ratio of 5.33 and a beta of 5.42. The company’s 50-day simple moving average is $13.73 and its two-hundred day simple moving average is $15.86.

Marathon Digital (NASDAQ:MARA – Get Free Report) last issued its quarterly earnings data 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). Marathon Digital had a net margin of 100.82% and a negative return on equity of 2.59%. The business had revenue of $252.41 million for the quarter, compared to the consensus estimate of $254.58 million. As a group, research analysts expect that Marathon Digital Holdings, Inc. will post -1.04 earnings per share for the current year.

Insiders Place Their Bets

In related news, General Counsel Zabi Nowaid sold 25,113 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $15.87, for a total value of $398,543.31. Following the completion of the sale, the general counsel directly owned 723,136 shares of the company’s stock, valued at approximately $11,476,168.32. This represents a 3.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Salman Hassan Khan sold 34,732 shares of the firm’s 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 in the company, valued at approximately $2,853,537.68. The trade was a 12.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 218,711 shares of company stock worth $3,286,669 over the last quarter. 0.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Marathon Digital

Several institutional investors and hedge funds have recently modified their holdings of MARA. Hollencrest Capital Management boosted 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 buying an additional 1,300 shares during the period. Fifth Third Bancorp boosted its stake in shares of Marathon Digital by 59.9% in the second quarter. Fifth Third Bancorp now owns 1,824 shares of the business services provider’s stock worth $29,000 after acquiring an additional 683 shares during the period. Estabrook Capital Management bought a new position in shares of Marathon Digital in the second quarter worth about $31,000. Bessemer Group Inc. grew its position in shares of 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 purchasing an additional 659 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in Marathon Digital by 375.4% during the 2nd quarter. IFP Advisors Inc now owns 2,534 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 2,001 shares during the period. 44.53% of the stock is currently owned by institutional investors.

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.