Marathon Digital (NASDAQ:MARA) Given New $15.00 Price Target at Rosenblatt Securities

Marathon Digital (NASDAQ:MARA) had its target price raised by Rosenblatt Securities from $11.00 to $15.00 in a research report report published on Friday morning,Benzinga reports. Rosenblatt Securities currently has a buy rating on the business services provider’s stock.

Other analysts have also recently issued research reports about the stock. Weiss Ratings cut shares of Marathon Digital from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, March 6th. Piper Sandler cut their price target on shares of Marathon Digital from $26.00 to $16.00 and set an “overweight” rating on the stock in a report on Wednesday, January 14th. HC Wainwright reiterated a “neutral” rating on shares of Marathon Digital in a report on Friday, February 27th. Morgan Stanley initiated coverage on shares of Marathon Digital in a report on Monday, February 9th. They issued an “underweight” rating and a $8.00 price target on the stock. Finally, Cantor Fitzgerald cut their price target on shares of Marathon Digital from $11.00 to $10.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Marathon Digital has a consensus rating of “Hold” and a consensus price target of $18.22.

Marathon Digital Trading Down 4.4%

NASDAQ:MARA traded down $0.53 during trading hours on Friday, hitting $11.46. The company had a trading volume of 50,980,257 shares, compared to its average volume of 43,302,832. The company has a market capitalization of $4.36 billion, a PE ratio of -2.89 and a beta of 5.29. The stock has a 50-day moving average price of $9.41 and a 200 day moving average price of $11.24. Marathon Digital has a 52 week low of $6.66 and a 52 week high of $23.45. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.27 and a quick ratio of 1.27.

Marathon Digital (NASDAQ:MARA) last released its quarterly earnings results on Thursday, February 26th. The business services provider reported ($4.52) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($4.29). The company had revenue of $202.31 million during the quarter, compared to the consensus estimate of $250.74 million. Marathon Digital had a negative net margin of 144.58% and a negative return on equity of 19.01%. The business’s revenue was down 5.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.24 EPS. On average, equities research analysts predict that Marathon Digital will post -0.79 EPS for the current fiscal year.

Insider Buying and Selling at Marathon Digital

In other Marathon Digital news, CEO Frederick G. Thiel sold 27,505 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $9.18, for a total transaction of $252,495.90. Following the completion of the transaction, the chief executive officer owned 4,788,954 shares of the company’s stock, valued at approximately $43,962,597.72. This trade represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Salman Hassan Khan sold 16,000 shares of the firm’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $11.68, for a total value of $186,880.00. Following the transaction, the chief financial officer directly owned 441,066 shares of the company’s stock, valued at $5,151,650.88. This represents a 3.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 172,605 shares of company stock valued at $1,745,843. 0.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Marathon Digital

Several large investors have recently modified their holdings of the stock. Fifth Third Bancorp raised its position in shares of Marathon Digital by 9,020.0% in the 1st quarter. Fifth Third Bancorp now owns 94,118 shares of the business services provider’s stock worth $768,000 after purchasing an additional 93,086 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of Marathon Digital by 11.5% in the 1st quarter. Hsbc Holdings PLC now owns 634,172 shares of the business services provider’s stock worth $5,099,000 after purchasing an additional 65,220 shares during the last quarter. Kestra Advisory Services LLC raised its position in shares of Marathon Digital by 48.2% in the 1st quarter. Kestra Advisory Services LLC now owns 45,662 shares of the business services provider’s stock worth $373,000 after purchasing an additional 14,855 shares during the last quarter. Abel Hall LLC purchased a new position in shares of Marathon Digital in the 1st quarter worth about $137,000. Finally, Bogart Wealth LLC raised its position in shares of Marathon Digital 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 last quarter. Hedge funds and other institutional investors own 44.53% of the company’s stock.

Key Stories Impacting Marathon Digital

Here are the key news stories impacting Marathon Digital this week:

• Positive Sentiment: MARA agreed to buy Long Ridge Energy & Power, adding a 505 MW gas plant and a 1,600‑acre Ohio campus that creates line‑of‑sight to >1 GW of total capacity and expands MARA’s digital infrastructure and AI-ready power footprint. This materially accelerates the company’s pivot beyond pure bitcoin mining into energy and AI infrastructure. MARA acquires Long Ridge Energy platform for $1.5 billion
• Positive Sentiment: Sell‑side momentum: Rosenblatt raised its price target from $11 to $15 and initiated/maintained a Buy stance, signaling analyst conviction in upside from the strategic deal and re‑rating potential. Rosenblatt raises MARA target to $15
• Neutral Sentiment: Company provided more detail on the M&A in a recent call/transcript; investors can use the transcript to assess management’s integration plan, expected capex and timing. MARA M&A call transcript
• Neutral Sentiment: Media coverage frames the deal as part of a broader shift into AI infrastructure and power markets — a thematic positive long term but dependent on execution and AI demand. Major energy firm moves into AI infrastructure
• Negative Sentiment: Price and financing risk: the deal values Long Ridge at ≈$1.5–$1.52B including debt, will increase MARA’s leverage and requires regulatory approvals with expected close in Q3 2026 — raises near‑term execution and financing risk. FTAI announces sale to MARA
• Negative Sentiment: Fundamentals remain a concern: last reported quarter showed a large EPS miss, negative margins and ongoing volatility tied to bitcoin economics; those legacy weaknesses temper enthusiasm until integration and profitability paths are clearer. No link

About Marathon Digital

Marathon Digital Holdings, Inc is a digital asset technology company specializing in the mining and acquisition of bitcoin. Headquartered in Las Vegas, Nevada, the firm employs high-performance application-specific integrated circuit (ASIC) miners and proprietary software to secure the Bitcoin network and expand its crypto-mining footprint. Marathon Digital focuses on operational efficiency and scalability, while maintaining rigorous standards for regulatory compliance and corporate governance.

The company operates multiple large-scale mining facilities throughout North America, including sites in Texas, Montana and New York.