Marathon Digital (MARA) Projected to Post Earnings on Thursday

Marathon Digital (NASDAQ:MARA) is anticipated to release its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $0.1666 per share and revenue of $209.4370 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Marathon Digital Stock Performance

NASDAQ MARA opened at $11.75 on Wednesday. The company has a fifty day simple moving average of $13.03 and a two-hundred day simple moving average of $11.03. The stock has a market cap of $4.48 billion, a P/E ratio of -2.05 and a beta of 5.40. Marathon Digital has a 12-month low of $6.66 and a 12-month high of $23.45. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.99.

Insider Buying and Selling at Marathon Digital

In related news, CFO Salman Hassan Khan sold 16,000 shares of the firm’s 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 transaction, the chief financial officer owned 425,066 shares of the company’s stock, valued at $5,100,792. This trade represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Frederick G. Thiel sold 27,505 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $14.25, for a total transaction of $391,946.25. Following the transaction, the chief executive officer owned 4,562,009 shares of the company’s stock, valued at $65,008,628.25. This represents a 0.60% 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. Over the last quarter, insiders sold 109,260 shares of company stock valued at $1,452,756. 0.97% of the stock is owned by corporate insiders.

Institutional Trading of Marathon Digital

A number of hedge funds have recently modified their holdings of the stock. Vident Advisory LLC boosted its position in Marathon Digital by 71.0% in the 4th quarter. Vident Advisory LLC now owns 1,693,604 shares of the business services provider’s stock worth $15,209,000 after purchasing an additional 703,262 shares in the last quarter. Mackenzie Financial Corp increased its position in shares of Marathon Digital by 29.3% during the fourth quarter. Mackenzie Financial Corp now owns 45,045 shares of the business services provider’s stock worth $419,000 after purchasing an additional 10,194 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Marathon Digital by 19.6% in the fourth quarter. NewEdge Advisors LLC now owns 11,053 shares of the business services provider’s stock valued at $99,000 after buying an additional 1,811 shares during the last quarter. XTX Topco Ltd boosted its position in Marathon Digital by 156.2% during the fourth quarter. XTX Topco Ltd now owns 69,801 shares of the business services provider’s stock worth $627,000 after acquiring an additional 42,551 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new stake in Marathon Digital during the 4th quarter valued at about $3,171,000. Hedge funds and other institutional investors own 44.53% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on MARA shares. BTIG Research reissued a “buy” rating and set a $27.00 price objective on shares of Marathon Digital in a report on Monday, June 1st. Morgan Stanley reduced their target price on Marathon Digital from $7.00 to $5.50 and set an “underweight” rating for the company in a research note on Wednesday, July 8th. Citizens Jmp began coverage on Marathon Digital in a research report on Wednesday, June 24th. They set a “market outperform” rating and a $24.00 price target for the company. Cantor Fitzgerald dropped their price target on Marathon Digital from $11.00 to $10.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Finally, Piper Sandler dropped their price target on Marathon Digital from $16.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, July 17th. Eight equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.