MARA (NASDAQ:MARA) Trading Down 2.3% – What’s Next?

MARA Holdings (NASDAQ:MARA) shares were down 2.3% during mid-day trading on Tuesday . The stock traded as low as $10.96 and last traded at $11.24. 48,819,113 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 46,194,820 shares. The stock had previously closed at $11.50.

More MARA News

Here are the key news stories impacting MARA this week:

• Positive Sentiment: HC Wainwright maintained a Buy rating and $20 price target. The firm issued estimates calling for continued losses, including ($2.43) EPS for fiscal 2026 and ($1.47) EPS for fiscal 2027, but its price target implies substantial upside if MARA’s growth strategy succeeds. HC Wainwright earnings estimates
• Neutral Sentiment: MARA presented at the H.C. Wainwright Global Investment Conference, potentially giving investors additional information about its Bitcoin-mining operations and data-center strategy. The available report does not identify a specific new financial catalyst. MARA conference presentation transcript
• Negative Sentiment: JPMorgan downgraded MARA from Overweight to Underweight and reduced its price target to $11 from $13. The bank cited concerns about MARA’s pivot from Bitcoin mining toward data centers, which could require significant capital and execution while the company continues to report losses. JPMorgan downgrade of MARA
• Negative Sentiment: Crypto-related stocks faced broader selling pressure ahead of a Senate procedural vote on the CLARITY Act. Uncertainty over whether the legislation will advance is weighing on expectations for the sector’s regulatory environment, including companies such as MARA. Crypto stocks and CLARITY Act uncertainty

Analyst Upgrades and Downgrades

Several analysts have commented on MARA shares. BTIG Research restated a “buy” rating and set a $27.00 target price on shares of MARA in a report on Monday, June 1st. Morgan Stanley increased their price objective on shares of MARA from $5.50 to $6.00 and gave the stock an “underweight” rating in a research report on Thursday, August 13th. Weiss Ratings upgraded shares of MARA from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, August 21st. Cantor Fitzgerald cut their price objective on shares of MARA from $14.00 to $12.00 and set an “overweight” rating on the stock in a research report on Friday, August 7th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $15.00 target price on shares of MARA in a research note on Friday, August 7th. Eight research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $18.70.

MARA Stock Down 2.3%

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 company has a market capitalization of $4.34 billion, a P/E ratio of -1.23 and a beta of 5.32. The firm’s 50 day moving average price is $11.22 and its two-hundred day moving average price is $11.39.

MARA (NASDAQ:MARA) 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). The business had revenue of $174.88 million during the quarter, compared to the consensus estimate of $209.44 million. MARA had a negative return on equity of 26.05% and a negative net margin of 429.71%.The business’s revenue for the quarter was down 26.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.84 EPS. Equities research analysts forecast that MARA Holdings will post -1.24 EPS for the current year.

Insider Buying and Selling at MARA

In other news, CEO Frederick Thiel sold 27,505 shares of the 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 completion of the transaction, the chief executive officer directly owned 4,335,697 shares in the company, valued at $39,931,769.37. This represents a 0.63% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $9.21, for a total value of $147,360.00. Following the completion of the transaction, the chief financial officer owned 377,066 shares of the company’s stock, valued at $3,472,777.86. The trade was a 4.07% 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. Over the last 90 days, insiders sold 109,386 shares of company stock valued at $1,332,889. Corporate insiders own 0.97% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MARA. Quantinno Capital Management LP increased its position in shares of MARA by 315.5% during the 1st quarter. Quantinno Capital Management LP now owns 166,571 shares of the business services provider’s stock worth $1,359,000 after purchasing an additional 126,482 shares during the last quarter. Handelsbanken Fonder AB acquired a new stake in shares of MARA in the 4th quarter valued at approximately $831,000. Hsbc Holdings PLC acquired a new stake in shares of MARA in the 4th quarter valued at approximately $5,220,000. Intech Investment Management LLC grew its stake in shares of MARA by 56.2% in the fourth quarter. Intech Investment Management LLC now owns 213,066 shares of the business services provider’s stock valued at $1,913,000 after buying an additional 76,670 shares in the last quarter. Finally, Sona Asset Management US LLC bought a new position in shares of MARA in the first quarter valued at $1,877,000. 44.53% of the stock is currently owned by institutional investors.

About MARA

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.