MARA (NASDAQ:MARA) Posts Quarterly Earnings Results, Beats Expectations By $1.67 EPS

Key Points

• MARA reported quarterly EPS of $1.28, beating analysts’ consensus estimate of a $0.39 loss by $1.67; it mined 2,247 bitcoin and is pursuing AI and cloud infrastructure expansion.
• Quarterly revenue was $164.23 million, below the $183.24 million estimate. The company also reported a 429.71% negative net margin and negative return on equity.
• MARA shares traded at $6.64 on Monday. Analysts’ consensus rating was Hold, with a consensus price target of $17.78.

MARA (NASDAQ:MARA - Get Free Report) posted its earnings results on Monday. The business services provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of ($0.39) by $1.67, FiscalAI reports. The business had revenue of $164.23 million for the quarter, compared to analyst estimates of $183.24 million. MARA had a negative net margin of 429.71% and a negative return on equity of 26.05%.

MARA Price Performance

Shares of MARA stock traded up $0.29 during trading on Monday, reaching $6.64. The company's stock had a trading volume of 42,143,240 shares, compared to its average volume of 44,934,086. The stock has a 50-day moving average price of $9.88 and a two-hundred day moving average price of $10.68. The stock has a market capitalization of $2.57 billion, a P/E ratio of -0.72 and a beta of 5.23. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.15. MARA has a one year low of $5.69 and a one year high of $16.62.

MARA News Summary

Here are the key news stories impacting MARA this week:

• Positive Sentiment: MARA reported earnings of $1.28 per share, well above analysts’ consensus estimate of a $0.39-per-share loss. It also mined 2,247 bitcoin during the quarter, while continuing its push into AI and cloud infrastructure—potentially broadening its business beyond bitcoin mining. MARA Q3 highlights
• Neutral Sentiment: The company’s AI and cloud expansion may offer future diversification, but the available report does not quantify its contribution or near-term financial impact. MARA third-quarter results
• Negative Sentiment: Revenue was $164.23 million, below analysts’ $183.24 million estimate. MARA also posted a negative net margin of 429.71% and negative return on equity, underscoring that the earnings-per-share beat does not erase significant profitability concerns. MARA earnings details
• Negative Sentiment: Crypto-related shares had been under pressure: a preview article noted MARA and other crypto stocks were down at least 37% since September 30, leaving the company exposed to weak sector sentiment alongside its earnings shortfall. Crypto earnings preview

Wall Street Analyst Weigh In

MARA has been the topic of a number of recent analyst reports. Weiss Ratings lowered shares of MARA from a "sell (d)" rating to a "sell (d-)" rating in a research report on Friday, October 23rd. Cantor Fitzgerald decreased their price objective on shares of MARA from $14.00 to $12.00 and set an "overweight" rating on the stock in a research note on Friday, August 7th. Rosenblatt Securities reaffirmed a "buy" rating and set a $15.00 price objective on shares of MARA in a report on Friday, August 7th. HC Wainwright began coverage on shares of MARA in a research note on Friday, September 11th. They issued a "buy" rating and a $20.00 target price for the company. Finally, Piper Sandler reissued an "overweight" rating and issued a $11.00 target price (down from $13.00) on shares of MARA in a report on Tuesday, October 20th. Seven research analysts have rated the stock with a Buy rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, MARA has a consensus rating of "Hold" and a consensus target price of $17.78.

Insiders Place Their Bets

In other news, CFO Salman Khan sold 16,000 shares of the company's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $9.21, for a total transaction of $147,360.00. Following the transaction, the chief financial officer directly owned 377,066 shares in the company, valued at approximately $3,472,777.86. This represents a 4.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Frederick G. Thiel sold 27,505 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $6.79, for a total transaction of $186,758.95. Following the sale, the chief executive officer directly owned 4,149,585 shares in the company, valued at $28,175,682.15. This trade represents a 0.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 134,396 shares of company stock valued at $1,311,490 in the last 90 days. 0.97% of the stock is currently owned by insiders.

About MARA

MARA Holdings, Inc, formerly known as Marathon Digital Holdings, is a digital energy and infrastructure company focused primarily on Bitcoin mining. It develops and operates data-center infrastructure and specialized computing systems used to validate transactions on the Bitcoin network and earn bitcoin rewards.

The company also works on energy-related strategies to support its computing operations, including using energy sources and infrastructure that can help power data centers. Its operations are concentrated in the United States, with expansion into international markets.

Marathon Patent Group, the company's predecessor, was founded in 2010 and later shifted its focus to digital assets and Bitcoin mining.

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