MARA (MARA) Expected to Post Earnings on Tuesday

Key Points

• MARA is expected to report Q3 2026 results after Tuesday’s market close, with analysts forecasting a loss of $0.39 per share and revenue of $182.88 million.
• The company’s previous quarter significantly missed expectations, reporting a $1.60 per-share loss and $174.88 million in revenue versus forecasts of $0.17 EPS and $209.44 million; revenue fell 26.7% year over year.
• MARA shares recently traded near $6.84, down 2.6%, while analyst sentiment remains mixed with a consensus “Hold” rating and a $17.78 price target; insiders have also sold more than $1.1 million of stock over the past quarter.

MARA (NASDAQ:MARA - Get Free Report) is projected to post its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect the company to announce earnings of ($0.3918) per share and revenue of $182.88 million for the quarter. Interested persons can check the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 9:30 AM ET.

MARA (NASDAQ:MARA - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported ($1.60) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($1.77). The company had revenue of $174.88 million for the quarter, compared to analysts' expectations of $209.44 million. MARA had a negative net margin of 429.71% and a negative return on equity of 26.05%. The firm's quarterly revenue was down 26.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.84 earnings per share. On average, analysts expect MARA to post ($1.65) EPS for the current fiscal year and ($1.00) EPS for the next fiscal year.

MARA Trading Down 2.6%

Shares of MARA opened at $6.84 on Tuesday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.15. The firm has a market capitalization of $2.64 billion, a P/E ratio of -0.75 and a beta of 5.33. The stock's fifty day simple moving average is $10.60 and its 200 day simple moving average is $10.85. MARA has a twelve month low of $6.62 and a twelve month high of $20.47.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Cantor Fitzgerald lowered their price target on MARA from $14.00 to $12.00 and set an "overweight" rating for the company in a research report on Friday, August 7th. Weiss Ratings downgraded MARA from a "sell (d)" rating to a "sell (d-)" rating in a report on Friday. Morgan Stanley set a $10.00 price objective on MARA and gave the company an "underweight" rating in a research note on Friday, October 9th. JPMorgan Chase & Co. reiterated an "underweight" rating and set a $11.00 target price (down from $13.00) on shares of MARA in a report on Monday, September 14th. Finally, Piper Sandler reiterated an "overweight" rating and set a $11.00 target price (down from $13.00) on shares of MARA in a report on Tuesday, October 20th. Seven investment analysts have rated the stock with a Buy rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $17.78.

Insiders Place Their Bets

In other news, CEO Frederick G. Thiel sold 27,505 shares of the company's stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $11.22, for a total value of $308,606.10. Following the completion of the sale, the chief executive officer owned 4,217,586 shares of the company's stock, valued at $47,321,314.92. This represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Zabi Nowaid sold 8,376 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $12.00, for a total value of $100,512.00. Following the completion of the sale, the general counsel owned 898,780 shares of the company's stock, valued at approximately $10,785,360. This trade represents a 0.92% decrease in their position. 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 106,891 shares of company stock worth $1,124,731 over the last quarter. 0.97% of the stock is owned by corporate insiders.

About MARA

MARA Holdings, Inc NASDAQ: MARA, formerly known as Marathon Digital Holdings, is a digital asset mining and energy infrastructure company. Its primary business is securing the Bitcoin network by operating specialized computing equipment that validates transactions and earns Bitcoin rewards.

The company develops and operates data centers and digital asset computing infrastructure, while also pursuing strategies to access low-cost and surplus energy. MARA has expanded its operations through a combination of owned facilities, hosting arrangements and acquisitions, with activities spanning North America and other international markets.

The company was founded in 2010 as Marathon Patent Group and later shifted its focus toward cryptocurrency mining before adopting the Marathon Digital name.

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