Marathon Digital (NASDAQ:MARA) Stock Price Down 2.1% – What’s Next?

Posted by Brenda Bartman on May 18th, 2026

Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report) shares traded down 2.1% during mid-day trading on Monday . The stock traded as low as $11.62 and last traded at $12.18. 35,309,602 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 46,700,297 shares. The stock had previously closed at $12.44.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Morgan Stanley assumed coverage on Marathon Digital in a research note on Monday, February 9th. They issued an “underweight” rating and a $8.00 price objective for the company. Weiss Ratings cut Marathon Digital from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, May 12th. HC Wainwright reiterated a “neutral” rating on shares of Marathon Digital in a research note on Friday, February 27th. Rosenblatt Securities boosted their target price on Marathon Digital from $11.00 to $15.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Cantor Fitzgerald decreased their target price on Marathon Digital from $11.00 to $10.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Seven equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $18.50.

View Our Latest Stock Report on Marathon Digital

Marathon Digital Stock Performance

The firm has a 50 day moving average of $10.17 and a two-hundred day moving average of $10.64. The stock has a market cap of $4.64 billion, a PE ratio of -2.13 and a beta of 5.41. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.84 and a quick ratio of 1.84.

Marathon Digital (NASDAQ:MARA – Get Free Report) last posted its earnings results on Thursday, February 26th. The business services provider reported ($4.52) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($4.29). The business had revenue of $202.31 million for the quarter, compared to analysts’ expectations of $250.74 million. Marathon Digital had a negative return on equity of 23.20% and a negative net margin of 234.83%.Marathon Digital’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.24 EPS. Research analysts predict that Marathon Digital Holdings, Inc. will post -1.67 EPS for the current fiscal year.

Insiders Place Their Bets

In other Marathon Digital news, CFO Salman Hassan Khan sold 16,000 shares of Marathon Digital stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $11.68, for a total transaction of $186,880.00. Following the transaction, the chief financial officer owned 441,066 shares of the company’s stock, valued at $5,151,650.88. The trade was a 3.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Zabi Nowaid sold 42,090 shares of Marathon Digital stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $12.00, for a total value of $505,080.00. Following the transaction, the general counsel directly owned 1,007,047 shares in the company, valued at approximately $12,084,564. This trade represents a 4.01% 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 a total of 172,605 shares of company stock valued at $1,745,843 over the last quarter. Company insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Hollencrest Capital Management boosted its stake in shares of Marathon Digital by 2,407.4% during the third quarter. Hollencrest Capital Management now owns 1,354 shares of the business services provider’s stock worth $25,000 after buying an additional 1,300 shares during the period. Ascentis Independent Advisors acquired a new stake in shares of Marathon Digital during the first quarter worth about $28,000. Bessemer Group Inc. boosted its stake in shares of Marathon Digital by 56.8% during the third quarter. Bessemer Group Inc. now owns 1,819 shares of the business services provider’s stock worth $33,000 after buying an additional 659 shares during the period. Bogart Wealth LLC boosted its stake in shares of Marathon Digital 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 period. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of Marathon Digital during the fourth quarter worth about $36,000. 44.53% of the stock is currently owned by institutional investors and hedge funds.

About Marathon Digital

(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.