MARA Holdings (NASDAQ:MARA) Stock Rated “Hold” by Sell-Side Brokerages

MARA Holdings (NASDAQ:MARA) has earned an average rating of “Hold” from the ten analysts that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation and seven have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $17.78.

MARA has been the topic of several recent research reports. Rosenblatt Securities restated a “buy” rating and set a $15.00 target price on shares of MARA in a research report on Friday, August 7th. HC Wainwright assumed coverage on MARA in a research report on Friday, September 11th. They issued a “buy” rating and a $20.00 price target for the company. Morgan Stanley set a $10.00 price objective on MARA and gave the stock an “underweight” rating in a research note on Friday, October 9th. Weiss Ratings downgraded MARA from a “sell (d)” rating to a “sell (d-)” rating in a research report on Friday, October 23rd. Finally, Piper Sandler restated an “overweight” rating and set a $11.00 price objective (down from $13.00) on shares of MARA in a research report on Tuesday, October 20th.

Insider Transactions at MARA

In other news, CFO Salman Khan sold 16,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $9.21, for a total transaction of $147,360.00. Following the transaction, the chief financial officer owned 377,066 shares of the company’s stock, valued at approximately $3,472,777.86. The trade was a 4.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Zabi Nowaid sold 8,376 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $12.00, for a total value of $100,512.00. Following the sale, the general counsel owned 898,780 shares in the company, valued at $10,785,360. The trade was a 0.92% 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. In the last 90 days, insiders sold 134,396 shares of company stock worth $1,311,490. 0.97% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On MARA

Several hedge funds and other institutional investors have recently made changes to their positions in MARA. Edgestream Partners L.P. bought a new stake in shares of MARA in the 3rd quarter worth about $4,679,000. Western Wealth Management LLC grew its holdings in MARA by 7.2% during the 3rd quarter. Western Wealth Management LLC now owns 28,383 shares of the business services provider’s stock valued at $322,000 after purchasing an additional 1,894 shares during the last quarter. Ground Swell Capital LLC purchased a new stake in MARA in the 3rd quarter worth about $162,000. Diversified Trust Co purchased a new stake in MARA in the 3rd quarter worth about $463,000. Finally, Maryland State Retirement & Pension System lifted its stake in MARA by 55.9% in the third quarter. Maryland State Retirement & Pension System now owns 86,449 shares of the business services provider’s stock worth $979,000 after purchasing an additional 30,995 shares during the last quarter. Hedge funds and other institutional investors own 44.53% of the company’s stock.

MARA Trading Up 4.6%

MARA stock opened at $6.64 on Tuesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.89 and a quick ratio of 0.89. The company’s fifty day moving average price is $9.80 and its 200-day moving average price is $10.66. MARA has a one year low of $5.69 and a one year high of $16.62.

MARA (NASDAQ:MARA) last announced its quarterly earnings results on Monday, November 9th. The business services provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.39) by $1.67. The company had revenue of $164.23 million for the quarter, compared to the consensus estimate of $183.24 million. MARA had a negative net margin of 429.71% and a negative return on equity of 26.05%. Research analysts forecast that MARA will post -2.38 EPS for the current year.

Key MARA News

Here are the key news stories impacting MARA this week:

• Positive Sentiment: MARA sold 13,597 Bitcoin for about $1.1 billion and used $750 million to repay all its Bitcoin-backed loans, reducing debt and collateral risk. MARA sells Bitcoin and repays loans
• Positive Sentiment: The company is positioning its power assets for AI demand: it operates about 1 GW and targets a portfolio exceeding 4 GW, with two lease signings expected before year-end. A reported $79 million GPU contract adds a near-term commercial opportunity. MARA AI power capacity plans
• Neutral Sentiment: MARA authorized a $500 million share repurchase, potentially supporting the stock, though investors may weigh buybacks against the company’s significant Bitcoin sales and AI investment needs. MARA buyback authorization
• Negative Sentiment: Third-quarter revenue of $164.2 million missed analyst expectations. Bitcoin mining revenue fell 34% year over year despite production rising 5% to 2,247 BTC, while purchased energy costs increased 12%. The reported earnings beat appears less reflective of core mining performance, as Bitcoin valuation effects affected results. Mining revenue and costs
• Negative Sentiment: MARA says it may sell more Bitcoin to fund AI infrastructure, convertible notes, and buybacks. While this could finance diversification, continued sales reduce its Bitcoin holdings and exposure to potential price gains. MARA plans additional Bitcoin sales

MARA Company Profile

MARA Holdings, Inc, formerly known as Marathon Digital Holdings, is a digital energy and infrastructure company focused primarily on Bitcoin mining. It develops and operates data-center infrastructure and specialized computing systems used to validate transactions on the Bitcoin network and earn bitcoin rewards.

The company also works on energy-related strategies to support its computing operations, including using energy sources and infrastructure that can help power data centers. Its operations are concentrated in the United States, with expansion into international markets.

Marathon Patent Group, the company’s predecessor, was founded in 2010 and later shifted its focus to digital assets and Bitcoin mining.