Marathon Digital (NASDAQ:MARA) Shares Up 2.2% – Should You Buy?

Posted by George Bondi on May 31st, 2026

Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report) shares rose 2.2% on Friday . The stock traded as high as $14.64 and last traded at $14.38. Approximately 47,477,035 shares traded hands during trading, an increase of 3% from the average daily volume of 46,211,234 shares. The stock had previously closed at $14.07.

Analysts Set New Price Targets

MARA has been the subject of several research analyst reports. Morgan Stanley cut their target price on shares of Marathon Digital from $8.50 to $7.00 and set an “underweight” rating for the company in a research note on Tuesday, May 19th. HC Wainwright reaffirmed a “neutral” rating on shares of Marathon Digital in a research note on Friday, February 27th. Rosenblatt Securities raised their target price on shares of Marathon Digital from $11.00 to $15.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Weiss Ratings cut shares of Marathon Digital from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, May 12th. Finally, Cantor Fitzgerald cut their target price on shares of Marathon Digital from $11.00 to $10.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Seven 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, Marathon Digital presently has an average rating of “Hold” and a consensus target price of $18.38.

Check Out Our Latest Stock Report on Marathon Digital

Marathon Digital Stock Up 2.2%

The company has a debt-to-equity ratio of 0.99, a current ratio of 1.84 and a quick ratio of 1.84. The company’s 50-day simple moving average is $11.13 and its 200 day simple moving average is $10.42. The firm has a market cap of $5.48 billion, a P/E ratio of -2.51 and a beta of 5.41.

Marathon Digital (NASDAQ:MARA – Get Free Report) 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 net margin of 234.83% and a negative return on equity of 23.20%. The business had revenue of $202.31 million for the quarter, compared to the consensus estimate of $250.74 million. During the same quarter last year, the business earned $1.24 EPS. Marathon Digital’s revenue for the quarter was down 5.6% compared to the same quarter last year. Research analysts anticipate that Marathon Digital Holdings, Inc. will post -1.67 EPS for the current fiscal year.

Insider Buying and Selling at Marathon Digital

In other news, CEO Frederick G. Thiel sold 27,505 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $9.18, for a total value of $252,495.90. Following the completion of the sale, the chief executive officer owned 4,788,954 shares in the company, valued at approximately $43,962,597.72. This trade represents a 0.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Zabi Nowaid sold 42,090 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $12.00, for a total transaction of $505,080.00. Following the completion of 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 180,855 shares of company stock worth $2,033,654 over the last 90 days. 0.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Marathon Digital

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings 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 worth $827,392,000 after acquiring an additional 4,049,979 shares during the last quarter. WINTON GROUP Ltd bought a new stake in shares of Marathon Digital in the 3rd quarter worth about $4,643,000. Farallon Capital Management LLC lifted its holdings in shares of Marathon Digital by 338.3% in the 3rd 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. Stevens Capital Management LP lifted its holdings in shares of Marathon Digital by 446.6% in the 3rd quarter. Stevens Capital Management LP now owns 319,549 shares of the business services provider’s stock worth $5,835,000 after acquiring an additional 261,085 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its stake in Marathon Digital by 20.4% in the 3rd quarter. Public Sector Pension Investment Board now owns 1,445,051 shares of the business services provider’s stock worth $26,387,000 after buying an additional 245,222 shares during the period. Institutional investors 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.

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