Marathon Digital (NASDAQ:MARA) Stock Price Up 9.2% – Time to Buy?

Posted by Brian Himes on Jul 22nd, 2026

Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report)’s stock price traded up 9.2% during trading on Monday . The company traded as high as $12.03 and last traded at $11.67. 60,993,088 shares were traded during trading, an increase of 34% from the average daily volume of 45,595,324 shares. The stock had previously closed at $10.69.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Weiss Ratings lowered shares of Marathon Digital from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, May 12th. Citizens Jmp began coverage on shares of Marathon Digital in a research report on Wednesday, June 24th. They issued a “market outperform” rating and a $24.00 price target for the company. BTIG Research restated a “buy” rating and issued a $27.00 price target on shares of Marathon Digital in a research note on Monday, June 1st. Morgan Stanley cut their price objective on Marathon Digital from $7.00 to $5.50 and set an “underweight” rating on the stock in a research report on Wednesday, July 8th. Finally, Cantor Fitzgerald reduced their price objective on Marathon Digital from $11.00 to $10.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Eight investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $18.50.

Check Out Our Latest Report on MARA

Marathon Digital Stock Performance

The stock has a 50-day moving average price of $13.32 and a 200 day moving average price of $10.94. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $4.72 billion, a price-to-earnings ratio of -2.17 and a beta of 5.36.

Insiders Place Their Bets

In other news, General Counsel Zabi Nowaid sold 8,250 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $12.00, for a total value of $99,000.00. Following the transaction, the general counsel owned 970,768 shares in the company, valued at approximately $11,649,216. This represents a 0.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Douglas K. Mellinger sold 7,000 shares of the firm’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $16.00, for a total value of $112,000.00. Following the sale, the director directly owned 231,618 shares in the company, valued at $3,705,888. This trade represents a 2.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 109,260 shares of company stock worth $1,452,756. 0.97% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Marathon Digital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MARA. Ascentis Independent Advisors acquired a new stake in Marathon Digital during the first quarter worth approximately $28,000. Bogart Wealth LLC boosted its holdings in shares of Marathon Digital by 4,345.1% in the 1st quarter. Bogart Wealth LLC now owns 4,045 shares of the business services provider’s stock valued at $33,000 after buying an additional 3,954 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new position in shares of Marathon Digital in the 4th quarter valued at $36,000. Hantz Financial Services Inc. grew its position in shares of Marathon Digital by 344.8% in the 4th quarter. Hantz Financial Services Inc. now owns 5,022 shares of the business services provider’s stock valued at $45,000 after buying an additional 3,893 shares during the last quarter. Finally, CoreCap Advisors LLC raised its stake in Marathon Digital by 128.0% during the 2nd quarter. CoreCap Advisors LLC now owns 3,651 shares of the business services provider’s stock worth $51,000 after acquiring an additional 2,050 shares in the last quarter. 44.53% of the stock is owned by institutional investors and hedge funds.

Marathon Digital Company Profile

(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.