Marathon Digital (NASDAQ:MARA) Given New $11.00 Price Target at Cantor Fitzgerald

Marathon Digital (NASDAQ:MARA) had its price target cut by research analysts at Cantor Fitzgerald from $21.00 to $11.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the business services provider’s stock. Cantor Fitzgerald’s price target would indicate a potential upside of 16.24% from the company’s previous close.

Other research analysts also recently issued research reports about the company. Weiss Ratings raised Marathon Digital from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 20th. Piper Sandler reduced their target price on Marathon Digital from $26.00 to $16.00 and set an “overweight” rating for the company in a research note on Wednesday, January 14th. Rosenblatt Securities decreased their price target on shares of Marathon Digital from $25.00 to $22.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. Morgan Stanley assumed 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. Finally, JPMorgan Chase & Co. reduced 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 note on Monday, November 24th. Eight equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $20.00.

Marathon Digital Trading Up 12.0%

Shares of NASDAQ:MARA traded up $1.01 during trading on Friday, reaching $9.46. 20,278,284 shares of the stock were exchanged, compared to its average volume of 44,263,023. The firm’s 50-day moving average price is $9.35 and its 200 day moving average price is $13.54. The firm has a market cap of $3.58 billion, a price-to-earnings ratio of 5.29 and a beta of 5.56. Marathon Digital has a 12-month low of $6.66 and a 12-month high of $23.45. 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 (NASDAQ:MARA) last announced its quarterly earnings results 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 net margin of 100.82% and a negative return on equity of 2.59%. The business had revenue of $202.31 million for the quarter, compared to analyst estimates of $250.74 million. During the same period last year, the firm earned $1.24 earnings per share. The company’s quarterly revenue was down 5.6% on a year-over-year basis. On average, sell-side analysts anticipate that Marathon Digital will post -1.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Marathon Digital news, CEO Frederick G. Thiel sold 27,505 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $10.80, for a total value of $297,054.00. Following the sale, the chief executive officer directly owned 3,517,566 shares in the company, valued at approximately $37,989,712.80. This trade represents a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Salman Hassan Khan sold 34,732 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $11.48, for a total transaction of $398,723.36. Following the completion of the sale, the chief financial officer owned 248,566 shares in the company, valued at approximately $2,853,537.68. This trade represents a 12.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 133,247 shares of company stock valued at $1,325,255. 0.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Marathon Digital

Hedge funds and other institutional investors have recently modified their holdings of the stock. Hollencrest Capital Management raised its position in shares of Marathon Digital by 2,407.4% during the third quarter. Hollencrest Capital Management now owns 1,354 shares of the business services provider’s stock valued at $25,000 after buying an additional 1,300 shares during the last quarter. Estabrook Capital Management acquired a new position in Marathon Digital in the 2nd quarter valued at approximately $31,000. Bessemer Group Inc. lifted its position in shares of Marathon Digital by 56.8% in the 3rd quarter. Bessemer Group Inc. now owns 1,819 shares of the business services provider’s stock worth $33,000 after acquiring an additional 659 shares during the period. Eurizon Capital SGR S.p.A. bought a new stake in shares of Marathon Digital in the 4th quarter worth approximately $36,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of Marathon Digital by 344.8% during the 4th quarter. Hantz Financial Services Inc. now owns 5,022 shares of the business services provider’s stock worth $45,000 after purchasing an additional 3,893 shares in the last quarter. Institutional investors and hedge funds own 44.53% of the company’s stock.

Marathon Digital News Roundup

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

• Positive Sentiment: Starwood partnership to repurpose mining campuses into AI/HPC data centers — Marathon targets ~1 GW near‑term capacity (up to 2.5 GW long term), which could convert excess power capacity into recurring, higher‑margin infrastructure revenue. Read More.
• Neutral Sentiment: Company provided earnings call transcript and slide deck for investors to assess the drivers behind the loss and the AI pivot; these materials clarify non‑cash valuation impacts and lay out the JV strategy but leave many execution details open. Read More.
• Neutral Sentiment: Some brokerages still rate MARA a Moderate Buy; consensus estimates remain negative for the year, reflecting uncertainty as the company transitions lines of business. Read More.
• Negative Sentiment: Q4 results missed expectations: EPS came in at ($4.52) vs. an expected ($0.23) and revenue was $202.3M vs. $250.7M consensus — the headline loss and revenue shortfall pressured sentiment despite being largely driven by mark‑to‑market accounting on crypto holdings. Read More.
• Negative Sentiment: Execution and tenant risk for AI campuses: analysts note that converting capacity into AI revenue depends on securing confirmed tenants and contracts — uncertainty here keeps upside speculative. Read More.

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.