Marathon Digital’s (MARA) Neutral Rating Reiterated at HC Wainwright

HC Wainwright reissued their neutral rating on shares of Marathon Digital (NASDAQ:MARA) in a research note issued to investors on Friday morning, Marketbeat Ratings reports.

A number of other research firms have also weighed in on MARA. Weiss Ratings raised Marathon Digital from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 20th. Morgan Stanley assumed coverage on Marathon Digital in a report on Monday, February 9th. They set an “underweight” rating and a $8.00 price target for the company. Compass Point upgraded shares of Marathon Digital from a “neutral” rating to a “buy” rating and set a $30.00 price target on the stock in a research note on Monday, November 24th. JPMorgan Chase & Co. cut their price objective on shares of Marathon Digital from $20.00 to $13.00 and set an “overweight” rating on the stock in a research report on Monday, November 24th. Finally, Rosenblatt Securities reduced their price objective on shares of Marathon Digital from $25.00 to $22.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Seven analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $20.00.

Marathon Digital Stock Up 5.8%

Shares of Marathon Digital stock opened at $8.94 on Friday. Marathon Digital has a 1 year low of $6.66 and a 1 year high of $23.45. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of -2.26 and a beta of 5.51. The company has a 50-day moving average of $9.33 and a 200 day moving average of $13.46. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.09 and a quick ratio of 2.09.

Marathon Digital (NASDAQ:MARA) last announced its quarterly earnings data on Thursday, February 26th. The business services provider reported ($4.52) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($4.29). Marathon Digital had a negative return on equity of 17.88% and a negative net margin of 144.58%.The business had revenue of $202.31 million during the quarter, compared to analysts’ expectations of $250.74 million. During the same quarter last year, the company posted $1.24 EPS. Marathon Digital’s revenue for the quarter was down 5.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Marathon Digital will post -1.04 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Salman Hassan Khan sold 16,000 shares of Marathon Digital stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $7.66, for a total value of $122,560.00. Following the completion of the sale, the chief financial officer directly owned 359,165 shares in the company, valued at $2,751,203.90. The trade was a 4.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Frederick G. Thiel sold 27,505 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $7.66, for a total transaction of $210,688.30. Following the transaction, the chief executive officer directly owned 3,381,861 shares of the company’s stock, valued at $25,905,055.26. The trade was a 0.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 133,247 shares of company stock valued at $1,325,255 over the last quarter. 0.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Marathon Digital

A number of large investors have recently added to or reduced their stakes in the stock. Alpine Global Management LLC lifted its holdings in shares of Marathon Digital by 208,433.3% during the 4th quarter. Alpine Global Management LLC now owns 18,768 shares of the business services provider’s stock valued at $169,000 after buying an additional 18,759 shares during the period. Vident Advisory LLC increased its position in Marathon Digital by 71.0% during the fourth quarter. Vident Advisory LLC now owns 1,693,604 shares of the business services provider’s stock valued at $15,209,000 after acquiring an additional 703,262 shares during the last quarter. Mackenzie Financial Corp lifted its holdings in Marathon Digital by 29.3% in the fourth quarter. Mackenzie Financial Corp now owns 45,045 shares of the business services provider’s stock valued at $419,000 after acquiring an additional 10,194 shares during the period. NewEdge Advisors LLC boosted its position in Marathon Digital by 19.6% in the fourth quarter. NewEdge Advisors LLC now owns 11,053 shares of the business services provider’s stock worth $99,000 after purchasing an additional 1,811 shares during the last quarter. Finally, XTX Topco Ltd grew its stake in shares of Marathon Digital by 156.2% during the 4th quarter. XTX Topco Ltd now owns 69,801 shares of the business services provider’s stock valued at $627,000 after purchasing an additional 42,551 shares during the period. Institutional investors own 44.53% of the company’s stock.

Marathon Digital News Summary

Here are the key news stories impacting Marathon Digital this week:

• Positive Sentiment: Major strategic pivot: MARA announced a partnership with Starwood to convert Bitcoin-mining campuses into AI/HPC-ready data centers (targeting ~1 GW near-term, larger ambitions after). This reframes Marathon as an AI/infra play and reduces pure Bitcoin-price exposure. MARA’s AI Data Center Pivot: Starwood Partnership Targets 2.5 GW
• Positive Sentiment: Market reaction to the AI venture: reporters and traders bid the stock up after the partnership was disclosed, citing the potential for steadier, higher-margin revenue from AI infrastructure. Marathon Digital surges 13% on AI infrastructure venture
• Positive Sentiment: Unusual bullish options flow: investors bought ~346,617 call contracts (≈36% above typical daily call volume), signaling speculative/hedged bullish positioning that can amplify upside moves intraday. (No external link provided.)
• Neutral Sentiment: Cantor Fitzgerald adjusted its model: the firm lowered its price target from $21 to $11 but kept an “overweight” rating — the new PT still implies upside from current levels, though the cut signals raised near-term uncertainty. Cantor Fitzgerald price target cut
• Neutral Sentiment: HC Wainwright reaffirmed a “neutral” rating on MARA, leaving analyst sentiment mixed across the street. HC Wainwright rating
• Negative Sentiment: Weak quarter and large non‑cash loss: Q4 results missed expectations — EPS well below estimates and revenue below consensus — driven in part by Bitcoin price-related fair‑value adjustments. The miss increases short-term volatility risk and gives analysts reason to trim models. MARA Q4 2025 Earnings Call Highlights

Marathon Digital Company Profile

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.