MARA (NASDAQ:MARA) Shares Up 11.4% – Still a Buy?

Shares of MARA Holdings (NASDAQ:MARA) shot up 11.4% on Tuesday. The stock traded as high as $7.20 and last traded at $7.16. 35,505,195 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 44,981,246 shares. The stock had previously closed at $6.43.

MARA News Summary

Here are the key news stories impacting MARA this week:

• Positive Sentiment: MARA rallied alongside other Bitcoin miners in a broad sector rebound. The report points to renewed interest in miners’ potential shift toward high-performance computing, though it does not identify a new MARA-specific catalyst. Article: Bitcoin miners rebound
• Neutral Sentiment: Short interest reached 33.65% of the float as of October 15, up 11.1% from September 30. That could amplify volatility and, if shares keep rising, potentially contribute to short covering; it also reflects substantial bearish positioning. Article: MARA short interest
• Neutral Sentiment: MARA scheduled its Q3 2026 earnings call for November 9, putting results and management commentary on cash flow and business progress in focus. Article: MARA schedules Q3 earnings call
• Negative Sentiment: Investors face questions about whether lease progress and the Longridge project can offset a shrinking Bitcoin cushion, while cash generation remains a key test ahead of earnings. These concerns could limit confidence in the rally. Article: MARA Q3 test

Wall Street Analyst Weigh In

Several brokerages have commented on MARA. Rosenblatt Securities reissued a “buy” rating and set a $15.00 price objective on shares of MARA in a research report on Friday, August 7th. Weiss Ratings downgraded shares of MARA from a “sell (d)” rating to a “sell (d-)” rating in a research report on Friday, October 23rd. Cantor Fitzgerald decreased their price target on shares of MARA from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. Piper Sandler reiterated an “overweight” rating and issued a $11.00 price target (down from $13.00) on shares of MARA in a research note on Tuesday, October 20th. Finally, HC Wainwright started coverage on shares of MARA in a research report on Friday, September 11th. They set a “buy” rating and a $20.00 price target for the company. Seven investment analysts have rated the stock with a Buy rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, MARA has an average rating of “Hold” and a consensus price target of $17.78.

MARA Price Performance

The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.15. The company has a market cap of $2.77 billion, a PE ratio of -0.78 and a beta of 5.33. The firm has a 50 day moving average of $10.28 and a two-hundred day moving average of $10.77.

MARA (NASDAQ:MARA) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported ($1.60) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($1.77). MARA had a negative net margin of 429.71% and a negative return on equity of 26.05%. The company had revenue of $174.88 million for the quarter, compared to analysts’ expectations of $209.44 million. During the same quarter in the previous year, the firm posted $1.84 EPS. The firm’s quarterly revenue was down 26.7% compared to the same quarter last year. Research analysts predict that MARA Holdings will post -1.65 earnings per share for the current fiscal year.

Insider Transactions at MARA

In other MARA news, CFO Salman Khan sold 16,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $9.21, for a total transaction of $147,360.00. Following the completion of the sale, the chief financial officer directly owned 377,066 shares in the company, valued at approximately $3,472,777.86. This trade represents a 4.07% decrease in their position. The transaction was disclosed in a document filed 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, General Counsel Zabi Nowaid sold 8,376 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $12.00, for a total transaction of $100,512.00. Following the sale, the general counsel owned 898,780 shares of the company’s stock, valued at approximately $10,785,360. This represents a 0.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 106,891 shares of company stock valued at $1,124,731 in the last quarter. 0.97% of the stock is owned by insiders.

Institutional Investors Weigh In On MARA

Institutional investors have recently made changes to their positions in the company. IFP Advisors Inc grew its position 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. Mirae Asset Global Investments Co. Ltd. purchased a new stake in MARA during the 3rd quarter valued at $37,000. Ascentis Independent Advisors bought a new position in shares of MARA during the 1st quarter valued at $28,000. CoreCap Advisors LLC lifted its holdings in shares of MARA by 128.0% during the 2nd quarter. CoreCap Advisors LLC now owns 3,651 shares of the business services provider’s stock valued at $51,000 after buying an additional 2,050 shares during the period. Finally, Activest Wealth Management grew its stake in shares of MARA by 300.0% during the 3rd quarter. Activest Wealth Management now owns 4,000 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 3,000 shares during the period. Hedge funds and other institutional investors own 44.53% of the company’s stock.

About MARA

MARA Holdings, Inc (NASDAQ: MARA), formerly known as Marathon Digital Holdings, is a digital asset mining and energy infrastructure company. Its primary business is securing the Bitcoin network by operating specialized computing equipment that validates transactions and earns Bitcoin rewards.

The company develops and operates data centers and digital asset computing infrastructure, while also pursuing strategies to access low-cost and surplus energy. MARA has expanded its operations through a combination of owned facilities, hosting arrangements and acquisitions, with activities spanning North America and other international markets.

The company was founded in 2010 as Marathon Patent Group and later shifted its focus toward cryptocurrency mining before adopting the Marathon Digital name.