Cantor Fitzgerald Lowers Marathon Digital Price Target

Analysts cite market conditions in reducing price target for crypto mining firm.

Apr. 9, 2026 at 3:36pm

A highly detailed, black-and-white close-up photograph of the complex, interlocking machinery and circuitry that drives the cryptocurrency mining industry, conveying a sense of the technological sophistication and financial scale behind these operations.An extreme close-up of the powerful, industrial-scale hardware that powers the cryptocurrency mining operations of companies like Marathon Digital.Las Vegas Today

Cantor Fitzgerald, an investment bank, has lowered its price target for Marathon Digital (NASDAQ: MARA) from $11.00 to $10.00 per share. The firm maintained its 'overweight' rating on the stock, citing ongoing market conditions for the cryptocurrency mining company.

Why it matters

Marathon Digital is one of the largest publicly traded crypto mining firms, so changes to its stock price target by major analysts can signal broader trends in the digital asset space. The lowered price target reflects the volatility and uncertainty that has impacted the crypto market in recent months.

The details

In a research note, Cantor Fitzgerald analysts said they reduced Marathon Digital's price target from $11.00 to $10.00 per share, while keeping an 'overweight' rating on the stock. The firm cited ongoing market conditions as the reason for the lower price target. Marathon Digital's stock has been volatile in 2026, trading between $6.66 and $23.45 over the past 52 weeks.

  • Cantor Fitzgerald issued the updated price target on April 9, 2026.

The players

Cantor Fitzgerald

An investment bank that covers Marathon Digital and other crypto-related stocks.

Marathon Digital

A leading publicly traded cryptocurrency mining company.

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What’s next

Investors will be watching to see if Marathon Digital's stock price reacts to the new Cantor Fitzgerald price target, and whether other analysts follow suit with similar revisions.

The takeaway

The lowered price target for Marathon Digital reflects the ongoing volatility and uncertainty in the cryptocurrency market, which has impacted the performance of publicly traded crypto mining firms.