MARA (NASDAQ:MARA) Stock Price Down 2.2% – Here’s Why

Posted by George Bondi on Oct 12th, 2026

MARA Holdings (NASDAQ:MARA – Get Free Report) was down 2.2% during trading on Monday. The company traded as low as $9.39 and last traded at $9.44. 20,611,795 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 45,705,848 shares. The stock had previously closed at $9.65.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MARA. Rosenblatt Securities reiterated a “buy” rating and set a $15.00 price target on shares of MARA in a research report on Friday, August 7th. Weiss Ratings raised shares of MARA from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, August 21st. JPMorgan Chase & Co. restated an “underweight” rating and issued a $11.00 price objective (down from $13.00) on shares of MARA in a report on Monday, September 14th. Piper Sandler lowered their price objective on shares of MARA from $16.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, July 17th. Finally, Morgan Stanley set a $10.00 price objective on shares of MARA and gave the stock an “underweight” rating in a research report on Friday. Eight equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, MARA has an average rating of “Hold” and a consensus price target of $19.10.

View Our Latest Report on MARA

MARA Price Performance

The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.15. The stock has a market cap of $3.65 billion, a PE ratio of -1.03 and a beta of 5.33. The company has a fifty day moving average of $11.15 and a 200-day moving average of $11.78.

MARA (NASDAQ:MARA – Get Free Report) last posted its earnings results on Thursday, August 6th. The business services provider reported ($1.60) earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $174.88 million for the quarter, compared to analyst estimates of $209.44 million. During the same period in the previous year, the company posted $1.84 EPS. MARA’s revenue was down 26.7% on a year-over-year basis. Sell-side analysts expect that MARA Holdings will post -1.65 EPS for the current fiscal year.

Insiders Place Their Bets

In other MARA news, General Counsel Zabi Nowaid sold 8,376 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $12.00, for a total transaction of $100,512.00. Following the sale, the general counsel directly owned 898,780 shares in the company, valued at $10,785,360. This represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 sale, the chief financial officer directly owned 377,066 shares in the company, valued at $3,472,777.86. This represents a 4.07% 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 106,891 shares of company stock worth $1,124,731 over the last three months. Company insiders own 0.97% of the company’s stock.

Institutional Investors Weigh In On MARA

Several large investors have recently added to or reduced their stakes in the business. CI Investments Inc. lifted its holdings in MARA by 7.6% during the 1st quarter. CI Investments Inc. now owns 13,520 shares of the business services provider’s stock worth $110,000 after buying an additional 957 shares in the last quarter. Greenleaf Trust grew its stake in shares of MARA by 9.9% in the second quarter. Greenleaf Trust now owns 11,915 shares of the business services provider’s stock worth $165,000 after acquiring an additional 1,076 shares in the last quarter. Evexia Wealth LLC grew its stake in shares of MARA by 9.2% in the first quarter. Evexia Wealth LLC now owns 12,937 shares of the business services provider’s stock worth $106,000 after acquiring an additional 1,090 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of 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 worth $45,000 after acquiring an additional 1,475 shares during the period. Finally, Sigma Planning Corp increased its position in shares of MARA by 12.5% during the first quarter. Sigma Planning Corp now owns 13,409 shares of the business services provider’s stock worth $109,000 after acquiring an additional 1,485 shares during the period. 44.53% of the stock is owned by hedge funds and other institutional investors.

MARA Company Profile

(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.