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

Marathon Digital (NASDAQ:MARA) is projected to announce its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of ($0.5050) per share and revenue of $181.9030 million for the quarter. Parties may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Monday, May 11, 2026 at 5:00 PM ET.

Marathon Digital (NASDAQ:MARA) last posted its quarterly earnings data on Thursday, February 26th. The business services provider reported ($4.52) earnings per share (EPS) 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 analysts’ expectations of $250.74 million. Marathon Digital had a negative return on equity of 19.01% and a negative net margin of 144.58%.Marathon Digital’s revenue was down 5.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.24 earnings per share. 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 Stock Performance

NASDAQ MARA traded up $0.28 during trading on Wednesday, hitting $12.44. 20,836,848 shares of the company’s stock traded hands, compared to its average volume of 46,619,656. The business has a 50 day moving average of $9.49 and a 200-day moving average of $11.03. Marathon Digital has a 12-month low of $6.66 and a 12-month high of $23.45. The stock has a market capitalization of $4.74 billion, a price-to-earnings ratio of -3.12 and a beta of 5.41. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.27 and a current ratio of 1.27.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. HC Wainwright reiterated a “neutral” rating on shares of Marathon Digital in a report on Friday, February 27th. Rosenblatt Securities upped their target price on Marathon Digital from $11.00 to $15.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Cantor Fitzgerald dropped 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. Weiss Ratings downgraded Marathon Digital from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, March 6th. Finally, Morgan Stanley began coverage on Marathon Digital in a research report on Monday, February 9th. They issued an “underweight” rating and a $8.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Marathon Digital presently has a consensus rating of “Hold” and an average price target of $18.22.

Insider Activity at Marathon Digital

In related news, CEO Frederick G. Thiel sold 27,505 shares of the stock in a transaction on Tuesday, March 17th. The shares were 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. This trade represents a 0.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 sale, the chief financial officer directly owned 441,066 shares of the company’s stock, valued at $5,151,650.88. The trade was a 3.50% decrease in their ownership of the stock. 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 have sold 172,605 shares of company stock valued at $1,745,843 in the last ninety days. Insiders own 0.80% of the company’s stock.

Institutional Trading of Marathon Digital

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Danske Bank A S purchased a new stake in Marathon Digital during the 3rd quarter valued at approximately $55,000. Osaic Holdings Inc. raised its stake in shares of 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 in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of 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 in the last quarter. NewEdge Advisors LLC raised its stake in shares of 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 in the last quarter. Finally, Wiregrass Investment Management LLC purchased a new position in shares of Marathon Digital during the 4th quarter worth approximately $90,000. 44.53% of the stock is owned by hedge funds and other institutional investors.

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.