HC Wainwright Predicts Reduced Earnings for Marathon Digital

Marathon Digital Holdings, Inc. (NASDAQ:MARA) – Investment analysts at HC Wainwright decreased their FY2025 earnings per share (EPS) estimates for Marathon Digital in a report released on Wednesday, November 5th. HC Wainwright analyst K. Dede now anticipates that the business services provider will post earnings per share of ($2.31) for the year, down from their prior forecast of ($2.08). The consensus estimate for Marathon Digital’s current full-year earnings is ($1.04) per share. HC Wainwright also issued estimates for Marathon Digital’s Q4 2025 earnings at ($0.23) EPS and FY2026 earnings at ($1.04) EPS.

Other research analysts also recently issued reports about the stock. Guggenheim started coverage on shares of Marathon Digital in a report on Tuesday, October 21st. They issued a “neutral” rating for the company. BTIG Research reiterated a “buy” rating and issued a $27.00 price objective on shares of Marathon Digital in a research report on Friday, September 5th. Rosenblatt Securities reduced their target price on Marathon Digital from $25.00 to $22.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. Macquarie upped their target price on Marathon Digital from $26.00 to $29.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Finally, JPMorgan Chase & Co. lowered their price target on Marathon Digital from $22.00 to $20.00 and set an “overweight” rating on the stock in a report on Friday, September 26th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Marathon Digital has an average rating of “Moderate Buy” and an average price target of $23.00.

Marathon Digital Price Performance

Shares of NASDAQ:MARA opened at $14.63 on Monday. The company has a 50 day moving average of $18.06 and a 200 day moving average of $16.70. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.47. The stock has a market cap of $5.53 billion, a P/E ratio of 13.18 and a beta of 6.40. Marathon Digital has a 12 month low of $9.81 and a 12 month high of $30.28.

Marathon Digital (NASDAQ:MARA) last announced its quarterly earnings results on Tuesday, November 4th. The business services provider reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.06). Marathon Digital had a negative return on equity of 2.11% and a net margin of 85.02%.The firm had revenue of $252.41 million during the quarter, compared to analysts’ expectations of $254.58 million.

Hedge Funds Weigh In On Marathon Digital

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hollencrest Capital Management grew its stake in shares of Marathon Digital by 2,407.4% in the 3rd quarter. Hollencrest Capital Management now owns 1,354 shares of the business services provider’s stock worth $25,000 after buying an additional 1,300 shares during the last quarter. Fifth Third Bancorp boosted its holdings in Marathon Digital by 59.9% in the second quarter. Fifth Third Bancorp now owns 1,824 shares of the business services provider’s stock worth $29,000 after acquiring an additional 683 shares in the last quarter. Estabrook Capital Management purchased a new stake in shares of Marathon Digital in the second quarter worth $31,000. Bessemer Group Inc. increased its holdings in shares of Marathon Digital by 56.8% during the third quarter. Bessemer Group Inc. now owns 1,819 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 659 shares in the last quarter. Finally, IFP Advisors Inc raised its position in shares of Marathon Digital by 375.4% in the 2nd quarter. IFP Advisors Inc now owns 2,534 shares of the business services provider’s stock worth $40,000 after purchasing an additional 2,001 shares during the last quarter. Hedge funds and other institutional investors own 44.53% of the company’s stock.

Insider Activity

In other Marathon Digital news, General Counsel Zabi Nowaid sold 25,113 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $15.87, for a total value of $398,543.31. Following the transaction, the general counsel owned 723,136 shares in the company, valued at approximately $11,476,168.32. The trade was a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Frederick G. Thiel sold 27,505 shares of the business’s stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $19.57, for a total value of $538,272.85. Following the transaction, the chief executive officer owned 3,718,700 shares in the company, valued at approximately $72,774,959. This represents a 0.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 233,598 shares of company stock worth $4,080,320 in the last quarter. Insiders own 0.80% of the company’s stock.

About Marathon Digital

MARA Holdings, Inc operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Digital Holdings, Inc and changed its name to MARA Holdings, Inc in August 2024. MARA Holdings, Inc was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.