Morgan Stanley Increases Marathon Digital (NASDAQ:MARA) Price Target to $6.00

Posted by Geri Gentry on Aug 13th, 2026

Marathon Digital (NASDAQ:MARA – Get Free Report) had its target price boosted by equities research analysts at Morgan Stanley from $5.50 to $6.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has an “underweight” rating on the business services provider’s stock. Morgan Stanley’s price objective indicates a potential downside of 36.09% from the stock’s previous close.

Several other analysts have also recently weighed in on the stock. BTIG Research reissued a “buy” rating and issued a $27.00 price objective on shares of Marathon Digital in a research note on Monday, June 1st. Cantor Fitzgerald decreased their price target on Marathon Digital from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Marathon Digital in a research note on Friday, August 7th. Piper Sandler decreased their target price on shares of Marathon Digital from $16.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, July 17th. Finally, Citizens Jmp started 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 on the stock. 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 company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.78.

Read Our Latest Stock Analysis on MARA

Marathon Digital Trading Down 2.6%

Shares of NASDAQ:MARA traded down $0.25 during midday trading on Thursday, hitting $9.39. 5,206,611 shares of the stock were exchanged, compared to its average volume of 45,406,414. The business’s 50-day moving average price is $12.53 and its 200 day moving average price is $11.01. Marathon Digital has a 12 month low of $6.66 and a 12 month high of $23.45. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market capitalization of $3.63 billion, a price-to-earnings ratio of -1.04 and a beta of 5.40.

Marathon Digital (NASDAQ:MARA – Get Free Report) last posted its earnings results on Thursday, August 6th. The business services provider reported ($1.60) EPS for the quarter, missing the consensus estimate of $0.17 by ($1.77). Marathon Digital had a negative return on equity of 26.05% and a negative net margin of 429.71%.The business had revenue of $174.88 million for the quarter, compared to analyst estimates of $209.44 million. During the same quarter in the prior year, the business earned $1.84 earnings per share. The firm’s quarterly revenue was down 26.7% on a year-over-year basis. Analysts predict that Marathon Digital will post -2.28 earnings per share for the current year.

Insider Activity at Marathon Digital

In other Marathon Digital news, CEO Frederick G. Thiel sold 27,505 shares of Marathon Digital stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $14.25, for a total value of $391,946.25. Following the completion of the sale, the chief executive officer directly owned 4,562,009 shares of the company’s stock, valued at approximately $65,008,628.25. The trade was a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Salman Hassan Khan sold 16,000 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $12.00, for a total transaction of $192,000.00. Following the transaction, the chief financial officer owned 425,066 shares in the company, valued at $5,100,792. This represents a 3.63% 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. Insiders have sold 109,260 shares of company stock worth $1,452,756 over the last quarter. 0.97% of the stock is currently owned by insiders.

Institutional Trading of Marathon Digital

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Danske Bank A S bought a new position in Marathon Digital in the third quarter worth approximately $55,000. Ascentis Independent Advisors acquired a new position in shares of Marathon Digital during the first quarter worth approximately $28,000. CoreCap Advisors LLC lifted its holdings in shares of Marathon Digital by 128.0% in the 2nd quarter. CoreCap Advisors LLC now owns 3,651 shares of the business services provider’s stock worth $51,000 after purchasing an additional 2,050 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in Marathon Digital in the 4th quarter valued at $36,000. Finally, Bogart Wealth LLC grew its position in 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 purchasing an additional 3,954 shares during the period. 44.53% of the stock is owned by institutional investors.

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.