Marathon Digital (NASDAQ:MARA) Stock Price Up 2.2% – What’s Next?

Shares of Marathon Digital Holdings, Inc. (NASDAQ:MARA) were up 2.2% during mid-day trading on Tuesday . The company traded as high as $8.17 and last traded at $8.05. Approximately 37,090,787 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 44,718,355 shares. The stock had previously closed at $7.88.

Marathon Digital News Roundup

Here are the key news stories impacting Marathon Digital this week:

• Positive Sentiment: Marathon announced a strategic AI/infrastructure venture (Starwood partnership) to convert power capacity into AI and HPC data‑center capacity — a potential new, higher‑margin revenue stream that helps de‑correlate the business from Bitcoin price swings. Marathon Digital surges 13% on AI infrastructure venture
• Positive Sentiment: Sector momentum — including strong daily inflows into Bitcoin ETFs — lifted miner stocks and supported MARA into the session’s close/after‑hours. This flow backdrop can amplify positive news for miners. Trump-Linked Miner Reports Results, MARA Surges On AI Partnership
• Neutral Sentiment: Brokerage consensus remains constructive (consensus “Moderate Buy”), which could limit downside if execution on the AI pivot and mining operations track to plan. MARA Receives Consensus Rating of “Moderate Buy”
• Neutral Sentiment: The company issued its preliminary Q4/fiscal‑2025 results letter to shareholders (formal release/slide deck available), providing the official metrics investors are parsing. MARA Announces Fourth-Quarter and Fiscal Year 2025 Results
• Negative Sentiment: Quarterly results showed a steep EPS miss: reported loss per share of ($4.52) vs. consensus (~($0.23)), and revenue of $202.3M below estimates — driven largely by non‑cash markdowns on held Bitcoin. These accounting hits pressured the stock intraday. View Slide Deck
• Negative Sentiment: Analysts and press flagged increased scrutiny of Marathon’s Bitcoin‑centric strategy and accounting volatility — a reminder that large paper impairments and macro/trade uncertainty can produce outsized headline moves. Marathon Digital earnings loom as bitcoin strategy draws scrutiny

Analysts Set New Price Targets

A number of equities research analysts have commented on MARA shares. JPMorgan Chase & Co. dropped their price objective on shares of Marathon Digital from $20.00 to $13.00 and set an “overweight” rating on the stock in a research report on Monday, November 24th. Piper Sandler dropped their target price on Marathon Digital from $26.00 to $16.00 and set an “overweight” rating on the stock in a report on Wednesday, January 14th. Weiss Ratings upgraded Marathon Digital from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 20th. Cantor Fitzgerald lowered their price objective 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. Finally, Morgan Stanley initiated coverage on Marathon Digital in a report on Monday, February 9th. They issued an “underweight” rating and a $8.00 price objective on the stock. Eight analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.00.

Marathon Digital Trading Down 1.4%

The business has a 50 day moving average of $9.35 and a 200-day moving average of $13.54. The stock has a market cap of $3.20 billion, a PE ratio of 4.69 and a beta of 5.56. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.63.

Marathon Digital (NASDAQ:MARA) last issued 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 analysts’ expectations of $250.74 million. Marathon Digital had a net margin of 100.82% and a negative return on equity of 2.59%. The firm’s revenue was down 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.24 earnings per share. On average, analysts anticipate that Marathon Digital Holdings, Inc. will post -1.04 EPS for the current year.

Insiders Place Their Bets

In other Marathon Digital news, CFO Salman Hassan Khan sold 34,732 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $11.48, for a total value of $398,723.36. Following the sale, the chief financial officer directly 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Frederick G. Thiel sold 27,505 shares of the firm’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 transaction of $297,054.00. Following the completion of the sale, the chief executive officer directly owned 3,517,566 shares in the company, valued at $37,989,712.80. This represents a 0.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 133,247 shares of company stock worth $1,325,255. Corporate insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Marathon Digital

Several hedge funds and other institutional investors have recently bought and sold shares of MARA. Vanguard Group Inc. raised its stake in shares of Marathon Digital by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 46,706,277 shares of the business services provider’s stock valued at $419,422,000 after purchasing an additional 1,394,559 shares during the period. State Street Corp lifted its holdings in Marathon Digital by 1.4% in the 2nd quarter. State Street Corp now owns 13,455,176 shares of the business services provider’s stock worth $210,977,000 after buying an additional 191,380 shares in the last quarter. UBS Group AG lifted its holdings in Marathon Digital by 104.1% in the 3rd quarter. UBS Group AG now owns 12,098,686 shares of the business services provider’s stock worth $220,922,000 after buying an additional 6,172,110 shares in the last quarter. Marex Group plc boosted its position in Marathon Digital by 2.6% in the 4th quarter. Marex Group plc now owns 10,137,713 shares of the business services provider’s stock valued at $91,037,000 after buying an additional 259,210 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Marathon Digital by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 9,957,766 shares of the business services provider’s stock valued at $89,434,000 after acquiring an additional 251,674 shares in the last quarter. 44.53% of the stock is owned by institutional investors and hedge funds.

About Marathon Digital

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.

The company operates multiple large-scale mining facilities throughout North America, including sites in Texas, Montana and New York.