What is HC Wainwright’s Estimate for MARA FY2026 Earnings?

MARA Holdings (NASDAQ:MARA) – Research analysts at HC Wainwright increased their FY2026 earnings per share (EPS) estimates for MARA in a note issued to investors on Tuesday, November 10th. HC Wainwright analyst M. Colonnese now anticipates that the business services provider will post earnings of ($0.07) per share for the year, up from their previous forecast of ($2.43). HC Wainwright currently has a “Buy” rating and a $20.00 target price on the stock. The consensus estimate for MARA’s current full-year earnings is ($2.38) per share. HC Wainwright also issued estimates for MARA’s Q4 2026 earnings at ($0.45) EPS, Q1 2027 earnings at ($0.34) EPS, Q2 2027 earnings at ($0.31) EPS, Q3 2027 earnings at ($0.30) EPS, Q4 2027 earnings at ($0.28) EPS and FY2027 earnings at ($1.24) EPS.

Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. lowered their target price on MARA from $11.00 to $9.00 and set an “underweight” rating on the stock in a report on Wednesday. Guggenheim reiterated a “neutral” rating on shares of MARA in a research report on Tuesday. Piper Sandler reaffirmed an “overweight” rating and set a $11.00 price target (down from $13.00) on shares of MARA in a report on Tuesday, October 20th. Cantor Fitzgerald dropped their price objective on MARA from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. Finally, Morgan Stanley set a $10.00 target price on shares of MARA and gave the company an “underweight” rating in a research note on Friday, October 9th. Seven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, MARA has an average rating of “Hold” and a consensus target price of $16.00.

MARA Trading Up 4.4%

NASDAQ:MARA opened at $7.66 on Thursday. The company has a 50 day simple moving average of $9.68 and a two-hundred day simple moving average of $10.63. 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 has a 12 month low of $5.69 and a 12 month high of $16.43.

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 firm had revenue of $164.23 million for 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%.

Institutional Trading of MARA

Several institutional investors and hedge funds have recently made changes to their positions in MARA. Ascentis Independent Advisors bought a new stake in shares of MARA during the first quarter valued at approximately $28,000. IFP Advisors Inc lifted its position in MARA by 1,154.9% during the second quarter. IFP Advisors Inc now owns 2,422 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 2,229 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of MARA in the 3rd quarter worth $37,000. MassMutual Private Wealth & Trust FSB grew its stake in MARA by 58.2% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 4,009 shares of the business services provider’s stock worth $45,000 after buying an additional 1,475 shares during the last quarter. Finally, Activest Wealth Management increased its position in 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 buying an additional 3,000 shares in the last quarter. 44.53% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other MARA news, CFO Salman Khan sold 16,000 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $9.21, for a total transaction of $147,360.00. Following the sale, the chief financial officer directly owned 377,066 shares in the company, valued at $3,472,777.86. This represents a 4.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Zabi Nowaid sold 8,376 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $12.00, for a total value of $100,512.00. Following the sale, the general counsel owned 898,780 shares in the company, valued at $10,785,360. The trade was a 0.92% 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. Insiders have sold 134,396 shares of company stock valued at $1,311,490 over the last ninety days. 0.97% of the stock is owned by insiders.

Recent MARA Headlines

These are some of the MARA headlines that stood out recently:

• Positive Sentiment: Compass Point initiated coverage with a Buy rating and a $20 target, signaling optimism that the selloff was excessive. Compass Point rating and target
• Neutral Sentiment: Analysts remain divided on whether MARA’s power assets and HPC leasing can become a meaningful growth engine. Needham lowered estimates after the quarter’s mining results but maintained its rating, citing a more favorable management outlook on HPC leasing. Needham cuts estimates
• Negative Sentiment: JPMorgan cut its price target from $11 to $9 and assigned an Underweight rating, while Guggenheim reiterated Neutral—evidence that some analysts remain cautious despite the buyback and debt repayment. Guggenheim rating

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.