Marathon Digital (MARA) Expected to Announce Quarterly Earnings on Thursday

Marathon Digital (NASDAQ:MARA - Get Free Report) is projected to announce its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of ($1.4085) per share and revenue of $181.8580 million for the quarter. Investors can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 5:00 PM ET.

Marathon Digital (NASDAQ:MARA - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The business services provider reported ($4.52) earnings per share for the quarter, missing analysts' consensus estimates of ($0.23) by ($4.29). The firm had revenue of $202.31 million for the quarter, compared to the consensus estimate of $250.74 million. Marathon Digital had a negative return on equity of 19.01% and a negative net margin of 144.58%.The company's revenue was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.24 EPS. On average, analysts expect Marathon Digital to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Marathon Digital Trading Down 2.7%

Shares of MARA stock opened at $10.72 on Thursday. The firm has a market capitalization of $4.08 billion, a P/E ratio of -2.71 and a beta of 5.29. Marathon Digital has a twelve month low of $6.66 and a twelve month high of $23.45. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.92. The stock's fifty day simple moving average is $9.33 and its 200 day simple moving average is $11.24.

Insider Activity

In other news, CEO Frederick G. Thiel sold 27,505 shares of the business's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $9.18, for a total value of $252,495.90. Following the transaction, the chief executive officer directly owned 4,788,954 shares of the company's stock, valued at $43,962,597.72. The trade was a 0.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Salman Hassan Khan sold 16,000 shares of the business's stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $11.68, for a total value of $186,880.00. Following the completion of the transaction, the chief financial officer directly owned 441,066 shares in the company, valued at $5,151,650.88. This represents a 3.50% 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 172,605 shares of company stock valued at $1,745,843 in the last ninety days. 0.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Danske Bank A S acquired a new position in Marathon Digital during the 3rd quarter worth approximately $55,000. Osaic Holdings Inc. raised its stake in Marathon Digital by 38.6% during the 2nd quarter. Osaic Holdings Inc. now owns 4,816 shares of the business services provider's stock worth $76,000 after buying an additional 1,340 shares during the period. Smartleaf Asset Management LLC raised its stake in Marathon Digital by 303.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 5,013 shares of the business services provider's stock worth $75,000 after buying an additional 3,771 shares during the period. NewEdge Advisors LLC raised its stake in Marathon Digital by 65.3% during the 1st quarter. NewEdge Advisors LLC now owns 7,672 shares of the business services provider's stock worth $88,000 after buying an additional 3,032 shares during the period. Finally, Wiregrass Investment Management LLC acquired a new position in Marathon Digital during the 4th quarter worth approximately $90,000. 44.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MARA has been the topic of several recent research reports. Weiss Ratings downgraded Marathon Digital from a "hold (c-)" rating to a "sell (d)" rating in a report on Friday, March 6th. Cantor Fitzgerald cut their target price on Marathon Digital from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Thursday, April 9th. Morgan Stanley initiated coverage on Marathon Digital in a report on Monday, February 9th. They set an "underweight" rating and a $8.00 target price on the stock. HC Wainwright reaffirmed a "neutral" rating on shares of Marathon Digital in a report on Friday, February 27th. Finally, Piper Sandler cut their target price on Marathon Digital from $26.00 to $16.00 and set an "overweight" rating on the stock in a report on Wednesday, January 14th. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Marathon Digital currently has a consensus rating of "Hold" and an average target price of $19.00.

About Marathon Digital

Marathon Digital Holdings, Inc is a digital asset technology company specializing in the mining and acquisition of bitcoin. Headquartered in Las Vegas, Nevada, the firm employs high-performance application-specific integrated circuit (ASIC) miners and proprietary software to secure the Bitcoin network and expand its crypto-mining footprint. Marathon Digital focuses on operational efficiency and scalability, while maintaining rigorous standards for regulatory compliance and corporate governance.

The company operates multiple large-scale mining facilities throughout North America, including sites in Texas, Montana and New York.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.