MARA (NASDAQ:MARA) Stock Jumps 4.4% – Still a Buy?

MARA Holdings (NASDAQ:MARA)’s share price rose 4.4% during trading on Wednesday. The company traded as high as $7.95 and last traded at $7.66. 48,780,744 shares were traded during mid-day trading, an increase of 8% from the average session volume of 45,052,918 shares. The stock had previously closed at $7.34.

More MARA News

Investors following MARA have been watching these news items:

• Positive Sentiment: MARA reported $632.1 million in Q3 net income, cut debt by 37%, and authorized a $500 million share repurchase. The profit was driven by digital-asset gains, so it may not reflect recurring operating performance. MARA Holdings Q3 earnings call highlights
• Positive Sentiment: Compass Point initiated coverage with a Buy rating. HC Wainwright also maintained its Buy rating and $20 price target while raising several 2026–27 earnings estimates, including a substantially narrower projected FY2026 loss. Compass Point initiates Buy coverage MARA analyst estimates
• Neutral Sentiment: Guggenheim assigned MARA a Neutral rating, offering a more cautious counterpoint to the bullish analyst coverage. Guggenheim gives MARA a Neutral rating

Analyst Upgrades and Downgrades

Several research analysts recently commented on MARA shares. Guggenheim reiterated a “neutral” rating on shares of MARA in a research note on Tuesday. Cantor Fitzgerald reduced 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. JPMorgan Chase & Co. lowered their price objective on MARA from $11.00 to $9.00 and set an “underweight” rating for the company in a research report on Wednesday. Piper Sandler reaffirmed an “overweight” rating and set a $11.00 target price (down from $13.00) on shares of MARA in a research report on Tuesday, October 20th. Finally, Weiss Ratings upgraded MARA from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday. Seven equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $16.00.

MARA Stock Down 2.9%

The stock has a market cap of $2.71 billion, a PE ratio of -0.86 and a beta of 5.23. The business has a 50 day moving average price of $9.61 and a 200 day moving average price of $10.62. The company has a quick ratio of 0.89, a current ratio of 2.31 and a debt-to-equity ratio of 1.13.

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 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%. Equities research analysts expect that MARA Holdings will post -0.93 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Salman Khan sold 16,000 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $9.21, for a total transaction of $147,360.00. Following the sale, the chief financial officer owned 377,066 shares in the company, valued at approximately $3,472,777.86. This trade represents a 4.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Frederick Thiel sold 27,505 shares of MARA 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 completion of the transaction, the chief executive officer directly owned 4,149,585 shares of the company’s stock, valued at $28,175,682.15. The trade was a 0.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 134,396 shares of company stock valued at $1,311,490. Corporate insiders own 0.97% of the company’s stock.

Hedge Funds Weigh In On MARA

Several institutional investors and hedge funds have recently modified their holdings of MARA. Public Sector Pension Investment Board increased its position in shares of MARA by 12.1% in the third quarter. Public Sector Pension Investment Board now owns 2,033,777 shares of the business services provider’s stock valued at $23,043,000 after buying an additional 219,097 shares in the last quarter. Principal Financial Group Inc. increased its holdings in MARA by 2.0% in the 1st quarter. Principal Financial Group Inc. now owns 1,838,149 shares of the business services provider’s stock worth $14,999,000 after acquiring an additional 35,978 shares in the last quarter. Headlands Technologies LLC raised its position in MARA by 51.2% during the second quarter. Headlands Technologies LLC now owns 444,756 shares of the business services provider’s stock worth $6,178,000 after acquiring an additional 150,665 shares during the period. Compass Financial Management LLC acquired a new position in MARA during the second quarter worth $6,000,000. Finally, Hsbc Holdings PLC lifted its holdings in MARA by 11.5% during the first quarter. Hsbc Holdings PLC now owns 634,172 shares of the business services provider’s stock valued at $5,099,000 after purchasing an additional 65,220 shares in the last quarter. Hedge funds and other institutional investors own 44.53% of the company’s stock.

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.