Marathon Digital Holdings, Inc. (NASDAQ:MARA) Receives $21.00 Average PT from Brokerages

Shares of Marathon Digital Holdings, Inc. (NASDAQ:MARA) have been given a consensus recommendation of “Moderate Buy” by the twelve brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $20.00.

A number of research firms have recently commented on MARA. Morgan Stanley assumed coverage on Marathon Digital in a report on Monday, February 9th. They issued an “underweight” rating and a $8.00 price target for the company. Rosenblatt Securities cut their target price on Marathon Digital from $25.00 to $22.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Piper Sandler reduced their target price on Marathon Digital from $26.00 to $16.00 and set an “overweight” rating for the company in a report on Wednesday, January 14th. Compass Point raised shares of Marathon Digital from a “neutral” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Monday, November 24th. Finally, JPMorgan Chase & Co. cut their price objective 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.

Marathon Digital News Roundup

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

• Positive Sentiment: Major strategic pivot: MARA announced a partnership with Starwood to convert Bitcoin-mining campuses into AI/HPC-ready data centers (targeting ~1 GW near-term, larger ambitions after). This reframes Marathon as an AI/infra play and reduces pure Bitcoin-price exposure. MARA’s AI Data Center Pivot: Starwood Partnership Targets 2.5 GW
• Positive Sentiment: Market reaction to the AI venture: reporters and traders bid the stock up after the partnership was disclosed, citing the potential for steadier, higher-margin revenue from AI infrastructure. Marathon Digital surges 13% on AI infrastructure venture
• Positive Sentiment: Unusual bullish options flow: investors bought ~346,617 call contracts (≈36% above typical daily call volume), signaling speculative/hedged bullish positioning that can amplify upside moves intraday. (No external link provided.)
• Neutral Sentiment: Cantor Fitzgerald adjusted its model: the firm lowered its price target from $21 to $11 but kept an “overweight” rating — the new PT still implies upside from current levels, though the cut signals raised near-term uncertainty. Cantor Fitzgerald price target cut
• Neutral Sentiment: HC Wainwright reaffirmed a “neutral” rating on MARA, leaving analyst sentiment mixed across the street. HC Wainwright rating
• Negative Sentiment: Weak quarter and large non‑cash loss: Q4 results missed expectations — EPS well below estimates and revenue below consensus — driven in part by Bitcoin price-related fair‑value adjustments. The miss increases short-term volatility risk and gives analysts reason to trim models. MARA Q4 2025 Earnings Call Highlights

Marathon Digital Price Performance

MARA opened at $8.94 on Thursday. The firm has a 50-day moving average price of $9.33 and a 200-day moving average price of $13.48. Marathon Digital has a twelve month low of $6.66 and a twelve month high of $23.45. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of -2.26 and a beta of 5.56.

Marathon Digital (NASDAQ:MARA) last released its quarterly earnings data on Thursday, February 26th. The business services provider reported ($4.52) EPS for the quarter, missing the consensus estimate of ($0.23) by ($4.29). Marathon Digital had a negative return on equity of 17.88% and a negative net margin of 144.58%.The business had revenue of $202.31 million during the quarter, compared to the consensus estimate of $250.74 million. During the same period last year, the business posted $1.24 earnings per share. The firm’s quarterly revenue was down 5.6% on a year-over-year basis. Equities analysts expect that Marathon Digital will post -1.04 EPS for the current year.

Insider Buying and Selling at Marathon Digital

In other news, CEO Frederick G. Thiel sold 27,505 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $10.80, for a total transaction of $297,054.00. Following the completion of the transaction, the chief executive officer directly owned 3,517,566 shares in the company, valued at $37,989,712.80. The trade was a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Salman Hassan Khan sold 34,732 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $11.48, for a total value of $398,723.36. Following the completion of the sale, the chief financial officer owned 248,566 shares in the company, valued at $2,853,537.68. This trade represents a 12.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 133,247 shares of company stock valued at $1,325,255. Insiders own 0.80% of the company’s stock.

Institutional Trading of Marathon Digital

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Marathon Digital by 9.8% in the third quarter. Vanguard Group Inc. now owns 45,311,718 shares of the business services provider’s stock worth $827,392,000 after purchasing an additional 4,049,979 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Marathon Digital by 8.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,286,074 shares of the business services provider’s stock valued at $35,846,000 after buying an additional 177,771 shares during the period. Emerald Advisers LLC grew its holdings in Marathon Digital by 77.4% in the 2nd quarter. Emerald Advisers LLC now owns 579,571 shares of the business services provider’s stock worth $9,088,000 after acquiring an additional 252,864 shares during the last quarter. Emerald Mutual Fund Advisers Trust grew its holdings in Marathon Digital by 91.3% in the 2nd quarter. Emerald Mutual Fund Advisers Trust now owns 347,214 shares of the business services provider’s stock worth $5,444,000 after acquiring an additional 165,688 shares during the last quarter. Finally, Mizuho Markets Americas LLC purchased a new position in shares of Marathon Digital in the third quarter valued at about $5,438,000. Hedge funds and other institutional investors own 44.53% of the company’s stock.

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.