Marathon Digital (MARA) to Post Quarterly Earnings on Thursday

Marathon Digital (NASDAQ:MARA) will likely be posting its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $0.1666 per share and revenue of $209.4370 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Marathon Digital Stock Performance

Shares of MARA stock opened at $11.75 on Tuesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.84 and a current ratio of 1.84. Marathon Digital has a fifty-two week low of $6.66 and a fifty-two week high of $23.45. The stock has a 50 day moving average price of $13.08 and a two-hundred day moving average price of $11.03. The company has a market capitalization of $4.48 billion, a P/E ratio of -2.05 and a beta of 5.40.

Insiders Place Their Bets

In related news, Director Douglas K. Mellinger sold 7,000 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $16.00, for a total value of $112,000.00. Following the completion of the sale, the director owned 231,618 shares of the company’s stock, valued at $3,705,888. This trade represents a 2.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Salman Hassan Khan sold 16,000 shares of Marathon Digital stock in a transaction on Monday, May 18th. The shares were sold at an average price of $12.00, for a total transaction of $192,000.00. Following the completion of the sale, the chief financial officer owned 425,066 shares in the company, valued at approximately $5,100,792. This trade represents a 3.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 109,260 shares of company stock valued at $1,452,756 over the last three months. 0.97% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Marathon Digital

Several institutional investors and hedge funds have recently modified their holdings of the stock. Danske Bank A S purchased a new position in shares of Marathon Digital during the third quarter valued at about $55,000. Osaic Holdings Inc. lifted its holdings in Marathon Digital by 38.6% in the second 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 lifted its holdings in Marathon Digital by 303.6% in the second 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 boosted its position 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 valued at $88,000 after acquiring an additional 3,032 shares in the last quarter. Finally, Wiregrass Investment Management LLC bought a new stake in Marathon Digital during the 4th quarter valued at approximately $90,000. 44.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on MARA. Morgan Stanley cut their target price on shares of Marathon Digital from $7.00 to $5.50 and set an “underweight” rating on the stock in a report on Wednesday, July 8th. Piper Sandler dropped their price target on shares of Marathon Digital from $16.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, July 17th. Citizens Jmp started coverage on shares of Marathon Digital in a report on Wednesday, June 24th. They issued a “market outperform” rating and a $24.00 price target on the stock. Rosenblatt Securities boosted their price objective on shares of Marathon Digital from $11.00 to $15.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Finally, BTIG Research reaffirmed a “buy” rating and set a $27.00 price objective on shares of Marathon Digital in a research note on Monday, June 1st. Eight investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Marathon Digital currently has an average rating of “Moderate Buy” and an average target price of $18.50.

Marathon Digital Company Profile

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.