MARA (NASDAQ:MARA) Upgraded to Sell at Wall Street Zen

Wall Street Zen upgraded shares of MARA (NASDAQ:MARA) from a strong sell rating to a sell rating in a research note published on Saturday,Wall Street Zen reports.

A number of other equities analysts have also recently commented on MARA. HC Wainwright initiated coverage on shares of MARA in a research note on Friday, September 11th. They issued a “buy” rating and a $20.00 price target for the company. Rosenblatt Securities lowered their price objective on shares of MARA from $15.00 to $11.00 and set a “buy” rating on the stock in a research report on Tuesday, November 10th. Piper Sandler reiterated an “overweight” rating and issued a $11.00 target price (down from $13.00) on shares of MARA in a research report on Tuesday, October 20th. Guggenheim reiterated a “neutral” rating on shares of MARA in a research report on Tuesday, November 10th. Finally, Cantor Fitzgerald lowered their price target on MARA from $14.00 to $12.00 and set an “overweight” rating on the stock in a research report on Friday, August 7th. Seven equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $16.00.

MARA Price Performance

NASDAQ MARA traded down $0.21 during trading on Friday, reaching $6.99. The company’s stock had a trading volume of 42,210,156 shares, compared to its average volume of 39,591,316. The stock has a market capitalization of $2.71 billion, a PE ratio of -0.86 and a beta of 5.23. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.31 and a quick ratio of 0.89. The firm has a fifty day moving average of $9.52 and a 200 day moving average of $10.60. MARA has a one year low of $5.69 and a one year high of $16.43.

MARA (NASDAQ:MARA) last issued 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 firm had revenue of $164.23 million during the quarter, compared to the consensus estimate of $183.24 million. MARA had a negative return on equity of 37.75% and a negative net margin of 411.23%. Analysts expect that MARA will post -0.93 EPS for the current fiscal year.

Insider Activity

In related news, CEO Frederick Thiel sold 27,505 shares of the stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $6.79, for a total transaction of $186,758.95. Following the transaction, the chief executive officer owned 4,149,585 shares of the company’s stock, valued at approximately $28,175,682.15. This trade represents a 0.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Salman Khan sold 16,000 shares of MARA stock in a transaction 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 completion of the transaction, the chief financial officer owned 377,066 shares in the company, valued at approximately $3,472,777.86. The trade was 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. In the last 90 days, insiders sold 134,396 shares of company stock valued at $1,311,490. Corporate insiders own 0.97% of the company’s stock.

Institutional Investors Weigh In On MARA

Several institutional investors have recently bought and sold shares of MARA. Delta Global Management LP bought a new position in shares of MARA during the first quarter valued at approximately $5,064,000. Compass Rose Asset Management LP bought a new stake in MARA in the first quarter valued at $4,243,000. Compass Financial Management LLC bought a new stake in MARA in the second quarter valued at $6,000,000. Edgestream Partners L.P. purchased a new position in MARA during the 3rd quarter valued at $4,679,000. Finally, WINTON GROUP Ltd purchased a new position in MARA during the 2nd quarter valued at $3,545,000. 44.53% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting MARA

These are some of the MARA stories that stood out recently:

• Positive Sentiment: Compass Point initiated coverage with a Buy rating, adding fresh analyst support. MARA Stock Rated Buy in New Coverage at Compass Point
• Positive Sentiment: MARA reported $632.1 million in quarterly net income, reduced debt by 37%, and authorized a $500 million share repurchase. The buyback and debt reduction may support investor confidence, though the reported profit came from digital-asset gains. MARA Q3 2026 Earnings Call Highlights
• Neutral Sentiment: Guggenheim assigned MARA a Neutral rating, signaling a more cautious view than the recent Buy recommendations. MARA Earns Neutral Rating from Guggenheim

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.