Morgan Stanley cuts target to USD 10.00 for MARA Holdings stock

Published on 10/17/2026 at 22:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue fell 26.70 percent to USD 174.88 million. MARA Holdings stock was USD 7.53 on October 16, 2026, down 9.60 percent versus USD 8.33 prior close.

Target, results and valuation

On October 12, 2026, Morgan Stanley lowered its MARA target from USD 11.00 to USD 10.00.
Second-quarter 2026 revenue fell 26.70 percent to USD 174.88 million.
MARA Holdings stock last traded at USD 7.53 on October 16, 2026 at 4:00 p.m. EDT, down 9.60 percent versus its prior close of USD 8.33.
MARA Holdings had a USD 2.9 billion market capitalization and a negative P/E of -0.80.

MARA Holdings, US5657881067, Illustration mit AI erstellt.

MARA Holdings (ISIN US5657881067) faces a lower target from Morgan Stanley, which cut it from USD 11.00 to USD 10.00 on October 12, 2026, while retaining an Underweight rating, according to Yahoo Finance. The USD 10.00 target stands 32.80 percent above the last Nasdaq price. The stock last traded at USD 7.53 on Nasdaq on October 16, 2026 at 4:00 p.m. EDT, down 9.60 percent versus its prior close of USD 8.33.

Second-quarter revenue fell

MARA generated USD 174.88 million in revenue in the second quarter of 2026, down 26.70 percent from the year-earlier period. The company reported a loss of USD 1.60 per diluted share, compared with consensus earnings of USD 0.17 per share, according to MarketBeat.

Stock stays near its yearly low

The October 16 Nasdaq session placed MARA at USD 7.53, inside a 52-week range of USD 6.66 to USD 22.09. The price stood 65.91 percent below the high and 13.06 percent above the low. Trading volume reached 40,466,352 shares against an average of 45,779,390, while the stock was down 16.15 percent year to date.

Valuation and market size

MARA had a market capitalization of USD 2.9 billion as of October 16, 2026. Its P/E ratio was -0.80 and its dividend yield was 0.00 percent. The target revision places Morgan Stanley's USD 10.00 view above the latest Nasdaq price, but the second-quarter loss and lower revenue provide a separate operating measure for the stock.

Comparison with peers

MARA Holdings: minus 9.60 percent, P/E -0.80, market capitalization USD 2.9 billion
Riot Platforms (Nasdaq, USD): minus 11.48 percent, P/E -3.69, market capitalization USD 5.1 billion
CleanSpark (Nasdaq, USD): minus 10.16 percent, P/E -2.24, market capitalization USD 2.2 billion

Nasdaq closing level

MARA's October 16 decline was broadly in line with the selected digital asset infrastructure peers, while its market value was below Riot Platforms and above CleanSpark. On October 16, 2026 at 4:00 p.m. EDT, the stock last traded at USD 7.53 on Nasdaq, down 9.60 percent against USD 8.33 at the prior close.