MARA (NASDAQ:MARA) Stock Falls 5.5% – What’s Next?

Posted by Geri Gentry on Oct 2nd, 2026

Shares of MARA Holdings (NASDAQ:MARA – Get Free Report) dropped 5.5% during trading on Wednesday. The company traded as low as $11.30 and last traded at $11.33. Approximately 40,301,464 shares changed hands during mid-day trading, a decline of 13% from the average session volume of 46,185,477 shares. The stock had previously closed at $11.99.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Piper Sandler decreased their target price on shares of MARA from $16.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, July 17th. Cantor Fitzgerald reduced their price target on shares of MARA from $14.00 to $12.00 and set an “overweight” rating for the company in a research report on Friday, August 7th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $15.00 price target on shares of MARA in a report on Friday, August 7th. HC Wainwright initiated coverage on MARA in a research report on Friday, September 11th. They issued a “buy” rating and a $20.00 price objective on the stock. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a $11.00 price objective (down from $13.00) on shares of MARA in a research note on Monday, September 14th. Eight analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $19.20.

Get Our Latest Stock Report on MARA

MARA Trading Down 1.1%

The company has a debt-to-equity ratio of 1.15, a current ratio of 0.89 and a quick ratio of 0.89. The stock has a 50 day moving average of $11.25 and a 200 day moving average of $11.71. The firm has a market cap of $4.33 billion, a P/E ratio of -1.22 and a beta of 5.33.

MARA (NASDAQ:MARA – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported ($1.60) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($1.77). The firm had revenue of $174.88 million during the quarter, compared to analysts’ expectations of $209.44 million. MARA had a negative return on equity of 26.05% and a negative net margin of 429.71%.MARA’s revenue for the quarter was down 26.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.84 earnings per share. As a group, equities research analysts predict that MARA Holdings will post -1.65 EPS for the current year.

Insider Buying and Selling at MARA

In related news, CFO Salman Khan sold 16,000 shares of the stock in a transaction on Monday, August 17th. The shares were 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 trade represents a 4.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Frederick G. Thiel sold 27,505 shares of MARA stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $11.45, for a total transaction of $314,932.25. Following the completion of the transaction, the chief executive officer owned 4,308,192 shares in the company, valued at approximately $49,328,798.40. The trade was a 0.63% 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 have sold 79,386 shares of company stock worth $816,125 over the last ninety days. Insiders own 0.97% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Ascentis Independent Advisors bought a new stake in shares of MARA in the 1st quarter valued at about $28,000. Bogart Wealth LLC grew its stake in shares of MARA by 4,345.1% in the first quarter. Bogart Wealth LLC now owns 4,045 shares of the business services provider’s stock worth $33,000 after purchasing an additional 3,954 shares during the last quarter. IFP Advisors Inc increased its holdings in MARA by 1,154.9% during the 2nd quarter. IFP Advisors Inc now owns 2,422 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 2,229 shares during the period. Eurizon Capital SGR S.p.A. purchased a new position in MARA during the 4th quarter valued at about $36,000. Finally, Hantz Financial Services Inc. raised its position in MARA by 344.8% during the 4th quarter. Hantz Financial Services Inc. now owns 5,022 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 3,893 shares during the last quarter. 44.53% of the stock is owned by institutional investors.

About MARA

(Get Free Report)

MARA Holdings, Inc (NASDAQ: MARA), formerly known as Marathon Digital Holdings, is a digital asset technology company focused primarily on mining bitcoin. The company operates specialized data centers containing application-specific integrated circuit (ASIC) computers that process transactions and secure the Bitcoin network in exchange for bitcoin rewards.

In addition to bitcoin mining, MARA develops and operates digital asset computing infrastructure. Its activities include managing energy and data-center resources, deploying mining hardware, and pursuing technologies designed to improve the efficiency and scalability of digital asset mining.