Hut 8 (HUT)
NASDAQ:HUT
HUT Stock Chart & Stats
$74.90
-$1.35(-5.43%)
At close: 4:00 PM EST
$74.90
-$1.35(-5.43%)
Day’s Range― - ―
52-Week Range$15.26 - $140.80
Previous Close$23.75
Volume5.04M
Average Volume (3M)7.16M
Market Cap
$13.38B
Enterprise Value$14.33B
Total Cash (Recent Filing)$160.74M
Total Debt (Recent Filing)$423.21M
Price to Earnings (P/E)―
Beta2.87
Next Earnings
Aug 18, 2026EPS Estimate
-0.34Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.73
Shares Outstanding112,594,110
10 Day Avg. Volume8,395,766
30 Day Avg. Volume7,164,584
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)4.68
Price to Sales (P/S)27.79
P/FCF Ratio-18.35
Enterprise Value/Market Cap1.07
Enterprise Value/Revenue50.37
Enterprise Value/Gross Profit156.52
Enterprise Value/Ebitda53.06
Forecast
1Y Price Target
$123.53Price Target Upside64.93% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
EPS Forecast (FY)-2.97
Revenue Forecast (FY)$332.10M
Bulls Say, Bears Say
Bulls Say
Long-duration Contracted RevenueSecuring ~$16.8B of contracted revenue converts Hut 8 toward infrastructure-like, long-duration cash flows. This materially reduces reliance on volatile BTC mining receipts, improving predictability of NOI and supporting long-term project financing, capital recycling, and creditable cashflow coverage.
Capital-efficient, Nonrecourse FinancingThe $3.25B nonrecourse financing validates a repeatable, project-level funding model that limits parent recourse and recycles equity. Long amortization and investment-grade ratings reduce refinancing risk, enabling scaled development without materially increasing parent balance-sheet leverage.
Large, Repeatable Development PipelineAn 8.4 GW pipeline and a power-first greenfield approach create structural scale advantages in securing sites and power contracts. Repeatability and demonstrated commercialization (Beacon Point, River Bend) allow Hut 8 to capture secular AI/compute demand and improve unit economics over multi-year deployments.
Bears Say
Weak Cash GenerationPersistent negative operating and free cash flow indicate ongoing cash burn, forcing dependence on external financing or asset recycling to fund expansion. This constrains flexibility, raises execution risk on multi-year projects, and increases sensitivity to financing cost or capital-markets disruptions.
Earnings Volatility From Crypto HoldingsSignificant unrealized gains/losses on digital assets create headline volatility that masks operating progress and can impair covenant compliance, stakeholder confidence, and comparability. This forces management to balance treasury strategy with predictability for long-term infrastructure counterparties and lenders.
Execution And Timing Risk On Large ProjectsMajor campus ramps are multi-year and exposed to construction delays, cost inflation, and regulatory hurdles. Delayed revenue realization compresses projected NOI timelines, strains liquidity needs, and increases the risk that contracted economics change before full commercialization.
Hut 8 News
HUT FAQ
What was Hut 8’s price range in the past 12 months?
Hut 8 lowest stock price was $15.26 and its highest was $140.80 in the past 12 months.
What is Hut 8’s market cap?
Hut 8’s market cap is $13.38B.
When is Hut 8’s upcoming earnings report date?
Hut 8’s upcoming earnings report date is Aug 18, 2026 which is in 63 days.
How were Hut 8’s earnings last quarter?
Hut 8 released its earnings results on May 06, 2026. The company reported -$1.926 earnings per share for the quarter, missing the consensus estimate of -$0.324 by -$1.603.
Is Hut 8 overvalued?
According to Wall Street analysts Hut 8’s price is currently Undervalued.
Does Hut 8 pay dividends?
Hut 8 does not currently pay dividends.
What is Hut 8’s EPS estimate?
Hut 8’s EPS estimate is -0.34.
How many shares outstanding does Hut 8 have?
Hut 8 has 112,594,110 shares outstanding.
What happened to Hut 8’s price movement after its last earnings report?
Hut 8 reported an EPS of -$1.926 in its last earnings report, missing expectations of -$0.324. Following the earnings report the stock price went up 35.312%.
Which hedge fund is a major shareholder of Hut 8?
Currently, no hedge funds are holding shares in HUT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Hut 8 Stock Smart Score
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$123.53 (64.93% Upside)
$123.53 (64.93% Upside)
Blogger Sentiment
Bullish
HUT Sentiment 63%
Sector Average ―
Sector Average ―
Crowd Wisdom
Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 3.7%
Last 30 Days ▲ 3.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
288.27%
12-Months-Change
Fundamentals
Return on Equity
-20.57%
Trailing 12-Months
Asset Growth
60.99%
Trailing 12-Months
Company Description
Hut 8
Hut 8 Mining Corp. is a leading digital asset mining enterprise operating throughout North America. The company's core business involves large-scale Bitcoin extraction. Its substantial infrastructure includes the ownership and operation of 38 BlockBoxes in Drumheller, Alberta, complemented by an additional 51 BlockBoxes in Medicine Hat, Alberta. Founded in 2011, Hut 8 Mining maintains its corporate headquarters in Toronto, Canada.
HUT Stock 12 Month Forecast
Average Price Target
$123.53
▲(64.93% Upside)
Technical Analysis
Ownership Overview
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Insiders
15.20% Mutual Funds
33.09% Other Institutional Investors
34.95% Public Companies and Individual Investors