MARA Holdings stock rises as Bitcoin lifts the shares

Published on 09/22/2026 at 21:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MARA Holdings stock traded at USD 13.76 on September 22, 2026, up 3.58 percent intraday. Its 52-week range was USD 6.66 to USD 23.45.

MARA, US56575P1084, Illustration mit AI erstellt.

MARA Holdings, Inc. (US56575P1084) traded at USD 13.76 on Nasdaq at 11:22 a.m. EDT on September 22, 2026, up USD 0.48 or 3.58 percent from the previous close. The move followed a cryptocurrency-led trading session in which Bitcoin crossed USD 85,000, according to EdgeX Exchange on September 21, 2026.

Bitcoin drives the immediate catalyst

The crypto-price link is central to the current MARA move because Bitcoin mining remains the companys core business. MarketScreener describes MARA as a digital infrastructure company operating Bitcoin mining and hosting facilities across four continents, with approximately 1.9 gigawatts of total capacity, in a profile updated September 22, 2026.

The same trading report said MARA shares climbed roughly 5 percent during the preceding session near USD 13.90 as Bitcoin reached its strongest level since January. That comparison shows why the stock can react more sharply than a conventional technology company: the equity combines digital-asset exposure with the operating costs of large power-intensive facilities.

Analyst targets remain divided

Analyst expectations point in different directions. According to EdgeX Exchange on September 21, 2026, H.C. Wainwright began coverage with a Buy rating and a USD 20 price objective, while Morgan Stanley raised its target from USD 6 to USD 11 and J.P. Morgan maintained an USD 11 target.

The USD 20 objective is USD 9 above the USD 11 targets cited for Morgan Stanley and J.P. Morgan, a measurable spread of 81.8 percent relative to the lower target. The disagreement reflects the unresolved question of whether MARA can turn its energy assets and data-center plans into a larger source of revenue beyond Bitcoin mining.

Losses keep the risk visible

The latest earnings context remains demanding. Zacks reported on September 21, 2026, that MARA posted adjusted earnings of negative USD 0.70 per share in its latest quarter, missing the USD 0.56 loss estimate by USD 0.14 per share, or 25 percent.

That result contrasts with the bullish price objective: the stock is participating in the Bitcoin recovery, but the most recently cited quarterly earnings still show a loss and a negative earnings surprise. Zacks lists November 3, 2026, as the expected next earnings release and estimates adjusted earnings of negative USD 0.04 per share for the September 2026 quarter.

Stock remains below yearly peak

At USD 13.76 on September 22, 2026, MARA was USD 9.69 below its 52-week high of USD 23.45 and USD 7.10 above its 52-week low of USD 6.66. The 52-week range therefore remains wide, with the current price 41.3 percent below the high and 106.6 percent above the low.

MARA Holdings stock is trading at USD 13.76 on Nasdaq as of 11:22 a.m. EDT on September 22, 2026. The quoted session range was USD 12.97 to USD 13.97, while the average target from 16 ratings was USD 18.00.