MARA (NASDAQ:MARA) Research Coverage Started at HC Wainwright

HC Wainwright assumed coverage on shares of MARA (NASDAQ:MARA) in a report issued on Friday, Marketbeat reports. The firm issued a buy rating and a $20.00 price target on the business services provider’s stock.

Several other equities analysts have also recently commented on MARA. Weiss Ratings raised shares of MARA from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, August 21st. Rosenblatt Securities reiterated a “buy” rating and issued a $15.00 price objective on shares of MARA in a report on Friday, August 7th. Piper Sandler lowered their price objective on shares of MARA from $16.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, July 17th. Morgan Stanley boosted their target price on MARA from $5.50 to $6.00 and gave the stock an “underweight” rating in a report on Thursday, August 13th. Finally, BTIG Research restated a “buy” rating and issued a $27.00 target price on shares of MARA in a research report on Monday, June 1st. Nine research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.90.

MARA Stock Performance

NASDAQ:MARA opened at $11.98 on Friday. The stock has a market cap of $4.63 billion, a price-to-earnings ratio of -1.31 and a beta of 5.32. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.89 and a current ratio of 0.89. MARA has a 1 year low of $6.66 and a 1 year high of $23.45. The business has a fifty day moving average of $11.25 and a 200-day moving average of $11.37.

MARA (NASDAQ:MARA) last issued its quarterly earnings data on Thursday, August 6th. The business services provider reported ($1.60) earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($1.77). The company had revenue of $174.88 million for the quarter, compared to the consensus estimate of $209.44 million. MARA had a negative net margin of 429.71% and a negative return on equity of 26.05%. MARA’s revenue for the quarter was down 26.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.84 earnings per share. Equities analysts predict that MARA will post -1.24 earnings per share for the current year.

Insider Buying and Selling

In other news, General Counsel Zabi Nowaid sold 8,376 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $12.00, for a total transaction of $100,512.00. Following the completion of the sale, the general counsel directly owned 898,780 shares of the company’s stock, valued at $10,785,360. This represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Salman Khan sold 16,000 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $9.21, for a total value of $147,360.00. Following the completion of the transaction, the chief financial officer owned 377,066 shares of the company’s stock, valued at $3,472,777.86. This trade represents a 4.07% 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 three months, insiders sold 109,386 shares of company stock valued at $1,332,889. 0.97% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MARA. Ascentis Independent Advisors acquired a new stake in shares of MARA during the first quarter valued at approximately $28,000. Bogart Wealth LLC boosted its stake in MARA by 4,345.1% in the 1st quarter. Bogart Wealth LLC now owns 4,045 shares of the business services provider’s stock worth $33,000 after purchasing an additional 3,954 shares during the period. IFP Advisors Inc boosted its stake in MARA by 1,154.9% in the 2nd quarter. IFP Advisors Inc now owns 2,422 shares of the business services provider’s stock worth $34,000 after purchasing an additional 2,229 shares during the period. Eurizon Capital SGR S.p.A. purchased a new position in MARA during the 4th quarter worth approximately $36,000. Finally, Hantz Financial Services Inc. grew its position in MARA 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. 44.53% of the stock is currently owned by institutional investors and hedge funds.

MARA News Roundup

Here are the key news stories impacting MARA this week:

• Positive Sentiment: New “buy” rating and $20 price target: HC Wainwright initiated coverage of MARA with a “buy” rating and a $20 target, implying approximately 66.9% upside from the referenced $11.98 level. The endorsement provides a fresh bullish catalyst, although the target is only an analyst estimate.
• Positive Sentiment: Unusually heavy call-option activity: Traders purchased 344,399 call options on Friday, 65% above the average call volume of 209,071. The activity indicates increased speculative interest and potentially bullish positioning, though options trading can also contribute to short-term volatility.
• Neutral Sentiment: Investor attention is elevated: MARA has recently become a heavily searched stock on Zacks.com, which may increase trading activity but does not by itself change the company’s fundamentals. Marathon Digital Holdings Is Attracting Investor Attention
• Neutral Sentiment: Short-interest data appears unreliable: A report lists short interest at zero shares and a zero-day days-to-cover ratio, unchanged from a prior zero balance. This likely reflects incomplete or anomalous data rather than a meaningful shift in investor positioning.
• Negative Sentiment: Bitcoin and macroeconomic pressure remain headwinds: MARA recently fell alongside Bitcoin as oil prices rose and investors moved toward a more risk-off stance. Bitcoin miners have been declining more sharply than Bitcoin, highlighting MARA’s high sensitivity to cryptocurrency prices and market risk. Crypto Mining Stocks Fall Harder Than Bitcoin

About MARA

MARA Holdings, Inc, formerly known as Marathon Digital Holdings, Inc, is a digital asset technology company focused primarily on mining bitcoin. The company operates and supports computing infrastructure designed to secure the Bitcoin network by processing transactions and earning bitcoin rewards.

MARA develops and deploys large-scale data center and energy infrastructure for digital asset mining. Its activities include operating mining facilities, managing specialized application-specific integrated circuit (ASIC) mining equipment, and pursuing energy and infrastructure solutions intended to support more efficient and scalable computing operations.