MARA (NASDAQ:MARA) Stock Jumps 9.7% – Still a Buy?

Shares of MARA Holdings (NASDAQ:MARA) rose 9.7% on Tuesday. The stock traded as high as $7.02 and last traded at $7.0550. 12,807,232 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 44,879,531 shares. The stock had previously closed at $6.43.

MARA News Roundup

Here are the key news stories impacting MARA this week:

• Positive Sentiment: Broad crypto-miner rebound: MARA is benefiting from renewed interest in Bitcoin miners shifting toward high-performance computing and data-center opportunities. The rally across peers, including Hut 8 and Riot Platforms, suggests the buying is sector-driven rather than company-specific. Hut 8 Surges 16% Ahead of Earnings as Bitcoin Miners Rebound
• Positive Sentiment: Potential Bitcoin-related earnings boost: Bitcoin reportedly gained about 43% in the third quarter, which could produce mark-to-market gains for MARA’s digital-asset holdings and improve headline earnings when the company reports. MARA Reports November 9 After Riot Fell 33% in a Month
• Neutral Sentiment: Upcoming earnings catalyst: MARA will release third-quarter 2026 results and hold a conference call on November 9. Investors will focus on cash flow, mining costs, Bitcoin production, and progress leasing or repurposing data-center capacity. MARA Schedules Conference Call for Third Quarter 2026 Financial Results
• Negative Sentiment: Elevated short interest: Short interest reached 33.65% of the float, up 11.1% from the prior measurement. This creates short-squeeze potential during a rally but also signals considerable bearish positioning and likely volatility.
• Negative Sentiment: Execution and valuation concerns remain: Analysts are emphasizing whether MARA can fund its AI and data-center expansion through operating cash flow. The stock has also faced skepticism after a steep long-term decline, while brokerage coverage is currently centered on a “Hold” rating. MARA’s Q3 Test: Can Lease Progress And Longridge Offset A Shrinking Bitcoin Cushion?

Wall Street Analyst Weigh In

MARA has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered shares of MARA from an “overweight” rating to an “underweight” rating and lowered their price objective for the company from $13.00 to $11.00 in a research note on Monday, September 14th. Weiss Ratings cut shares of MARA from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday, October 23rd. 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 reiterated a “buy” rating and set a $15.00 price objective on shares of MARA in a report on Friday, August 7th. Finally, Cantor Fitzgerald dropped their price objective on shares of MARA from $14.00 to $12.00 and set an “overweight” rating on the stock in a report on Friday, August 7th. Seven investment analysts have rated the stock with a Buy rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $17.78.

MARA Trading Up 9.4%

The company has a 50 day moving average of $10.28 and a 200 day moving average of $10.77. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of -0.77 and a beta of 5.33.

MARA (NASDAQ:MARA) last released its quarterly earnings data on Thursday, August 6th. The business services provider reported ($1.60) EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $209.44 million. During the same quarter in the prior year, the firm earned $1.84 earnings per share. MARA’s revenue for the quarter was down 26.7% on a year-over-year basis. On average, research analysts predict that MARA Holdings will post -1.65 EPS for the current fiscal year.

Insider Activity

In other news, General Counsel Zabi Nowaid sold 8,376 shares of the company’s stock in a transaction dated 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 transaction, the general counsel directly owned 898,780 shares of the company’s stock, valued at approximately $10,785,360. This represents a 0.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 Thursday, October 1st. The shares were sold at an average price of $11.22, for a total transaction of $308,606.10. Following the completion of the transaction, the chief executive officer directly owned 4,217,586 shares in the company, valued at $47,321,314.92. The trade was a 0.65% 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 106,891 shares of company stock valued at $1,124,731 over the last quarter. 0.97% of the stock is owned by company insiders.

Institutional Trading of MARA

Large investors have recently bought and sold shares of the company. Ascentis Independent Advisors bought a new position in shares of MARA in the first quarter worth approximately $28,000. Bogart Wealth LLC boosted its holdings in shares of MARA by 4,345.1% during the first 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 grew its stake in shares of MARA by 1,154.9% in the second 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 last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in MARA during the 3rd quarter valued at approximately $37,000. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in MARA by 58.2% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 4,009 shares of the business services provider’s stock worth $45,000 after purchasing an additional 1,475 shares in the last quarter. 44.53% of the stock is owned by hedge funds and other institutional investors.

MARA Company Profile

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.