Marathon Digital (NASDAQ:MARA) Stock Price Up 6% – What’s Next?

10 Apr 2026, 19:50 by Teresa Graham · The Cerbat Gem

Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report) shares rose 6% on Wednesday . The company traded as high as $9.77 and last traded at $9.50. Approximately 49,490,010 shares traded hands during trading, an increase of 5% from the average daily volume of 47,274,938 shares. The stock had previously closed at $8.96.

Wall Street Analysts Forecast Growth

MARA has been the topic of a number of recent research reports. Weiss Ratings downgraded shares of Marathon Digital from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, March 6th. HC Wainwright reissued a “neutral” rating on shares of Marathon Digital in a research report on Friday, February 27th. Morgan Stanley started coverage on shares of Marathon Digital in a research report on Monday, February 9th. They issued an “underweight” rating and a $8.00 price target for the company. Piper Sandler dropped their price target on shares of Marathon Digital from $26.00 to $16.00 and set an “overweight” rating for the company in a research report on Wednesday, January 14th. Finally, Cantor Fitzgerald dropped their price target on shares of Marathon Digital from $11.00 to $10.00 and set an “overweight” rating for the company in a research report on Thursday. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Marathon Digital has an average rating of “Hold” and a consensus target price of $19.90.

Read Our Latest Stock Report on Marathon Digital

Marathon Digital Trading Down 1.3%

The firm has a market cap of $3.63 billion, a price-to-earnings ratio of -2.41 and a beta of 5.29. 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 has a 50 day moving average of $8.47 and a 200 day moving average of $12.02.

Marathon Digital (NASDAQ:MARA – Get Free Report) last announced its earnings results on Thursday, February 26th. The business services provider reported ($4.52) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($4.29). The firm had revenue of $202.31 million for the quarter, compared to analyst estimates of $250.74 million. Marathon Digital had a negative return on equity of 19.01% and a negative net margin of 144.58%.The company’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.24 EPS. As a group, research analysts anticipate that Marathon Digital Holdings, Inc. will post -1.04 EPS for the current year.

Insider Activity at Marathon Digital

In other news, CFO Salman Hassan Khan sold 16,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $9.18, for a total value of $146,880.00. Following the transaction, the chief financial officer directly owned 343,165 shares of the company’s stock, valued at $3,150,254.70. The trade was a 4.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Frederick G. Thiel sold 27,505 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $9.18, for a total value of $252,495.90. Following the completion of the transaction, the chief executive officer directly owned 4,788,954 shares in the company, valued at $43,962,597.72. The trade was a 0.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 114,515 shares of company stock worth $1,029,678 over the last three months. 0.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Marathon Digital by 9.8% in the 3rd quarter. Vanguard Group Inc. now owns 45,311,718 shares of the business services provider’s stock valued at $827,392,000 after buying an additional 4,049,979 shares during the period. Mizuho Markets Americas LLC bought a new stake in shares of Marathon Digital during the third quarter worth $5,438,000. WINTON GROUP Ltd bought a new stake in shares of Marathon Digital during the third quarter worth $4,643,000. Farallon Capital Management LLC raised its position in shares of Marathon Digital by 338.3% during the third quarter. Farallon Capital Management LLC now owns 3,660,000 shares of the business services provider’s stock worth $66,832,000 after acquiring an additional 2,825,000 shares during the last quarter. Finally, Marex Group plc bought a new stake in shares of Marathon Digital during the second quarter worth $84,301,000. 44.53% of the stock is owned by institutional investors and hedge funds.

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.