MARA · NASDAQ · STOCK
Marathon Digital Holdings, Inc.
$9.68
52W $6.66 – $23.45
51/100
$3.69B
-1.0
5.36
Is MARA Bullish or Bearish?
Mixed.
Innellis AI committee rates Marathon Digital Holdings, Inc. (MARA) Watch with a composite score of 51/100
, based on 6 analysts with 50% agreement.
Last updated August 11, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +9.45 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -10.55 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Risk Analyst remains cautious — bollinger bandwidth of 32.7% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Price-to-book of 1.4x is a discount to asset value — Value
- Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement — Technical
- VIX regime is low -- calm backdrop supports risk-taking — Macro
- Market regime is bullish (Bull market -- normal position sizing) — Macro
- Beta of 5.34 means this name should amplify a favorable market regime — Macro
Bear Case
- ROE of only -110.4% -- cheap may mean cheap for a reason — Value
- Price structure making lower highs and lower lows — Technical
- MACD histogram negative -- bearish momentum — Technical
- Price structure (HH_HL) contradicts the downtrend -- mixed signals — Technical
- Bollinger bandwidth of 32.7% signals elevated volatility — Risk
- News sentiment is negative (-0.27 across 38 articles, 14d) — News
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of August 11, 2026
Overall Committee Score
51/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 98%
of 209 Financial Services peers
Value Analyst
neutral
55
/ 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ Price-to-book of 1.4x is a discount to asset value
− ROE of only -110.4% -- cheap may mean cheap for a reason
Growth Analyst
bearish
40
/ 100 · Low confidence
Growth story is weak, decelerating, or inconsistent
Technical Analyst
neutral
47
/ 100 · High confidence
Mixed or range-bound price action
+ Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement
− Price structure making lower highs and lower lows
Risk Analyst
bearish
35
/ 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 32.7% signals elevated volatility
Macro Analyst
bullish
78
/ 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst
neutral
49
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
− News sentiment is negative (-0.27 across 38 articles, 14d)
Portfolio Manager
neutral
55
/ 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
Technical Analysis
RSI (14)
31.2
Neutral
MACD Histogram
-0.163
Bearish Momentum
Trend Direction
Downtrend
Weekly: Downtrend
Market Structure
Hh Hl
Support
$8.96
Resistance
$11.56
Bollinger %B
0.05
Inside Bands
Price vs Moving Averages
EMA 9
$10.59
Below
EMA 21
$11.31
Below
EMA 50
$11.96
Below
EMA 200
$12.29
Below
Fundamental Analysis
Valuation
96
Profitability
0
Financial Health
29
Cash Flow
15
Valuation
P/E Ratio
-1.0×
P/B Ratio
2.22×
PEG Ratio
0.01
Dividend Yield
0.00%
52W High
$23.45
52W Low
$6.66
Quality & Growth
ROE
-3777.6%
ROA
-1799.8%
Gross Margin
-4212.2%
Operating Margin
-9768.9%
Revenue Growth YoY
—
Debt / Equity
1.49
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of -1.0 (inexpensive relative to a 15-40x range); Price-to-book of 2.2x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -37.8%; Return on assets of -18.0%; Net margin of -429.7%; Gross margin of -42.1%; Current ratio of 0.89 (tight short-term liquidity); Debt-to-equity of 1.49; Free cash flow per share is negative (-4.10); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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