MARA (NASDAQ:MARA) Shares Down 1.8% – Here’s What Happened

Posted by Geri Gentry on Oct 8th, 2026

MARA Holdings (NASDAQ:MARA – Get Free Report)’s stock price dropped 1.8% on Tuesday. The stock traded as low as $10.93 and last traded at $10.97. 28,445,988 shares traded hands during trading, a decline of 38% from the average session volume of 45,927,508 shares. The stock had previously closed at $11.17.

More MARA News

Here are the key news stories impacting MARA this week:

Positive Sentiment: Analyst price-target data showed MARA Holdings’ consensus target increasing by 10.70% to MX$333.31, providing a potentially supportive signal for the stock despite near-term volatility. MARA Holdings consensus price target increased
Neutral Sentiment: MARA remains one of the most-watched stocks on Zacks, but the article frames the discussion as an evaluation of whether the shares are a buy rather than announcing a new company catalyst or recommendation. Is Trending Stock Marathon Digital Holdings a Buy Now?
Neutral Sentiment: Bitcoin-treasury company Strategy’s potential recovery has renewed attention on corporate cryptocurrency exposure, which could indirectly influence sentiment toward miners such as MARA. However, Strategy is a separate company and the article does not identify a direct benefit for MARA. Strategy Bitcoin treasury recovery outlook
Negative Sentiment: Crypto-related stocks were falling alongside bitcoin, creating broad sector pressure for MARA and other bitcoin miners. Five things to know before the stock market opens
Negative Sentiment: Recent bearish analysis argues that MARA has been valued partly on an artificial-intelligence expansion story without having signed an AI tenant, raising concerns about execution and valuation support. MARA Holdings priced for an AI story it has not signed yet
Negative Sentiment: A separate critique called MARA a poor prior investment and argued that the company’s strategic positioning has disappointed investors, reinforcing skepticism around its outlook. My worst pick of 2025 MARA

Wall Street Analyst Weigh In

MARA has been the topic of a number of research reports. Morgan Stanley reiterated an “underweight” rating and issued a $11.00 price target (up from $6.00) on shares of MARA in a research note on Friday, September 18th. Weiss Ratings raised MARA from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, August 21st. Cantor Fitzgerald cut their target price on MARA from $14.00 to $12.00 and set an “overweight” rating for the company in a research report on Friday, August 7th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $11.00 price target (down from $13.00) on shares of MARA in a research report on Monday, September 14th. Finally, HC Wainwright initiated coverage on shares of MARA in a research report on Friday, September 11th. They set a “buy” rating and a $20.00 price objective for the company. Eight investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, MARA presently has an average rating of “Hold” and an average price target of $19.20.

View Our Latest Analysis on MARA

MARA Stock Down 4.1%

The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.15. The firm has a 50 day moving average of $11.22 and a 200 day moving average of $11.76. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of -1.08 and a beta of 5.33.

MARA (NASDAQ:MARA – Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $174.88 million for the quarter, compared to the consensus estimate of $209.44 million. MARA had a negative net margin of 429.71% and a negative return on equity of 26.05%. The company’s revenue was down 26.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.84 EPS. As a group, sell-side analysts predict that MARA Holdings will post -1.65 earnings per share for the current year.

Insider Activity at MARA

In other news, CFO Salman Khan sold 16,000 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $9.21, for a total value of $147,360.00. Following the transaction, the chief financial officer owned 377,066 shares in the company, valued at approximately $3,472,777.86. This trade represents a 4.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Frederick G. Thiel sold 27,505 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $11.22, for a total transaction of $308,606.10. Following the sale, the chief executive officer directly owned 4,217,586 shares of the company’s stock, valued at $47,321,314.92. The trade was a 0.65% decrease in their position. 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 quarter, insiders sold 106,891 shares of company stock valued at $1,124,731. Company insiders own 0.97% of the company’s stock.

Institutional Trading of MARA

Large investors have recently modified their holdings of the business. Ascentis Independent Advisors bought a new stake in MARA in the first quarter valued at $28,000. Bogart Wealth LLC grew its stake in 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 period. IFP Advisors Inc increased its stake in shares of MARA by 1,154.9% in the 2nd quarter. IFP Advisors Inc now owns 2,422 shares of the business services provider’s stock worth $34,000 after acquiring an additional 2,229 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in MARA by 58.2% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 4,009 shares of the business services provider’s stock valued at $45,000 after buying an additional 1,475 shares during the last quarter. Finally, CoreCap Advisors LLC grew its stake in shares of MARA by 128.0% in the second 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 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.