MARA (NASDAQ:MARA) Trading Up 13.7% – Still a Buy?

Posted by Brenda Bartman on Sep 18th, 2026

MARA Holdings (NASDAQ:MARA – Get Free Report)’s stock price rose 13.7% during trading on Friday . The company traded as high as $13.32 and last traded at $13.24. Approximately 83,682,288 shares traded hands during trading, an increase of 80% from the average session volume of 46,539,484 shares. The stock had previously closed at $11.64.

Analyst Upgrades and Downgrades

MARA has been the topic of a number of analyst reports. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $11.00 target price (down from $13.00) on shares of MARA in a research note on Monday. BTIG Research reiterated a “buy” rating and set a $27.00 target price on shares of MARA in a research report on Monday, June 1st. Piper Sandler lowered their target price on shares of MARA from $16.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, July 17th. Citizens Jmp assumed coverage on shares of MARA in a report on Wednesday, June 24th. They set a “market outperform” rating and a $24.00 price objective for the company. Finally, Morgan Stanley restated an “underweight” rating and issued a $11.00 price target (up from $6.00) on shares of MARA in a report on Friday. Eight equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $19.20.

Check Out Our Latest Analysis on MARA

MARA Trading Up 13.7%

The stock has a market cap of $5.11 billion, a price-to-earnings ratio of -1.45 and a beta of 5.32. The business has a 50-day simple moving average of $11.15 and a two-hundred day simple moving average of $11.45. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.89 and a current ratio of 0.89.

MARA (NASDAQ:MARA – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported ($1.60) EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($1.77). MARA 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 during the quarter, compared to the consensus estimate of $209.44 million. During the same period in the prior year, the firm earned $1.84 EPS. The business’s revenue for the quarter was down 26.7% compared to the same quarter last year. As a group, research analysts forecast that MARA Holdings will post -1.65 EPS for the current year.

Insider Buying and Selling at MARA

In other MARA news, CEO Frederick Thiel sold 27,505 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $9.21, for a total transaction of $253,321.05. Following the sale, the chief executive officer directly owned 4,335,697 shares of the company’s stock, valued at $39,931,769.37. The trade was a 0.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Salman Khan sold 16,000 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $9.21, for a total transaction of $147,360.00. Following the transaction, the chief financial officer owned 377,066 shares of the company’s stock, valued at approximately $3,472,777.86. This represents a 4.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 58,881 shares of company stock valued at $613,193. Corporate insiders own 0.97% of the company’s stock.

Institutional Trading of MARA

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc increased its stake in shares of MARA by 1,154.9% during the 2nd quarter. IFP Advisors Inc now owns 2,422 shares of the business services provider’s stock worth $34,000 after purchasing an additional 2,229 shares during the last quarter. Ascentis Independent Advisors acquired a new stake in MARA in the 1st quarter valued at about $28,000. CoreCap Advisors LLC grew its holdings in MARA by 128.0% during the second 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 during the period. Eurizon Capital SGR S.p.A. bought a new position in MARA during the fourth quarter worth about $36,000. Finally, Bogart Wealth LLC increased its position in MARA by 4,345.1% during the first quarter. Bogart Wealth LLC now owns 4,045 shares of the business services provider’s stock worth $33,000 after buying an additional 3,954 shares during the last quarter. 44.53% of the stock is owned by institutional investors.

MARA Company Profile

(Get Free Report)

MARA Holdings, Inc, formerly known as Marathon Digital Holdings, Inc, is a digital asset technology company focused primarily on mining bitcoin. The company operates and supports computing infrastructure designed to secure the Bitcoin network by processing transactions and earning bitcoin rewards.

MARA develops and deploys large-scale data center and energy infrastructure for digital asset mining. Its activities include operating mining facilities, managing specialized application-specific integrated circuit (ASIC) mining equipment, and pursuing energy and infrastructure solutions intended to support more efficient and scalable computing operations.