Alert: Negative Investment/Fundamental Signals (3/8/24)-Marathon Digital Holdings Inc (NASDAQ: MARA)

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Marathon Digital Holdings Inc (NASDAQ: MARA). Extremely significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed, and its shorter term price trend turned down.

Notable negative changes in Marathon Digital Holdings Inc (NASDAQ: MARA) fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

MARA is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Marathon Digital Holdings has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Marathon Digital Holdings has a very low Appreciation Score of 9 but a very high Power Rating of 90, leading to the Neutral Value Trend Rating.

Recent Price Action

Marathon Digital Holdings Inc (NASDAQ: MARA) stock enjoyed a very large increase of 7.7% on 3/8/24. The shares closed at $23.48. NORMAL trading volume accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but has declined -9.3% during the last week.

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