HC Wainwright Reaffirms Neutral Rating for Marathon Digital (NASDAQ:MARA)

Marathon Digital (NASDAQ:MARA)‘s stock had its “neutral” rating reissued by stock analysts at HC Wainwright in a report issued on Friday, Marketbeat.com reports.

Several other analysts also recently issued reports on MARA. Rosenblatt Securities decreased their target price on Marathon Digital from $25.00 to $22.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. Weiss Ratings upgraded shares of Marathon Digital from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 20th. Piper Sandler lowered their target price on shares of Marathon Digital from $26.00 to $16.00 and set an “overweight” rating on the stock in a report on Wednesday, January 14th. Compass Point raised shares of Marathon Digital from a “neutral” rating to a “buy” rating and set a $30.00 target price for the company in a research note on Monday, November 24th. Finally, Morgan Stanley began coverage on shares of Marathon Digital in a report on Monday, February 9th. They issued an “underweight” rating and a $8.00 price target on the stock. Seven analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $20.00.

Marathon Digital Stock Up 5.8%

MARA opened at $8.94 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.09 and a current ratio of 2.09. Marathon Digital has a fifty-two week low of $6.66 and a fifty-two week high of $23.45. The firm’s fifty day moving average is $9.33 and its 200 day moving average is $13.48. The stock has a market cap of $3.38 billion, a price-to-earnings ratio of -2.26 and a beta of 5.56.

Marathon Digital (NASDAQ:MARA) last issued its quarterly earnings results on Thursday, February 26th. The business services provider reported ($4.52) earnings per share (EPS) 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 in the previous year, the company posted $1.24 EPS. The company’s quarterly revenue was down 5.6% on a year-over-year basis. On average, sell-side analysts forecast that Marathon Digital will post -1.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Frederick G. Thiel sold 27,505 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $7.66, for a total value of $210,688.30. Following the completion of the transaction, the chief executive officer owned 3,381,861 shares of the company’s stock, valued at approximately $25,905,055.26. This trade represents a 0.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Salman Hassan Khan sold 16,000 shares of Marathon Digital stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $7.66, for a total value of $122,560.00. Following the completion of the transaction, the chief financial officer owned 359,165 shares of the company’s stock, valued at approximately $2,751,203.90. This represents a 4.26% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 133,247 shares of company stock worth $1,325,255. 0.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Marathon Digital

Several institutional investors have recently modified their holdings of MARA. Bessemer Group Inc. increased its position in shares of Marathon Digital by 56.8% during the 3rd quarter. Bessemer Group Inc. now owns 1,819 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 659 shares during the last quarter. Archer Investment Corp boosted its stake in Marathon Digital by 10.9% during the second quarter. Archer Investment Corp now owns 7,650 shares of the business services provider’s stock worth $120,000 after buying an additional 750 shares during the period. Smartleaf Asset Management LLC increased its position in Marathon Digital by 15.9% during the third quarter. Smartleaf Asset Management LLC now owns 5,812 shares of the business services provider’s stock valued at $108,000 after acquiring an additional 799 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in Marathon Digital by 3.1% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 29,389 shares of the business services provider’s stock valued at $537,000 after acquiring an additional 882 shares during the last quarter. Finally, Ameritas Investment Partners Inc. raised its stake in shares of Marathon Digital by 2.7% in the second quarter. Ameritas Investment Partners Inc. now owns 35,443 shares of the business services provider’s stock valued at $556,000 after acquiring an additional 934 shares during the period. 44.53% of the stock is owned by institutional investors.

More Marathon Digital News

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.