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Hut 8 (HUT)
NASDAQ:HUT
HUT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$6.95 - $31.95
Previous Close$23.75
Volume5.04M
Average Volume (3M)5.01M
Market Cap
C$1.18B
Enterprise Value$1.97B
Total Cash (Recent Filing)$636.90K
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)3.3
Beta1.92
Next Earnings
May 14, 2025EPS Estimate
-0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.42
Shares Outstanding103,855,680
10 Day Avg. Volume5,544,184
30 Day Avg. Volume5,005,732
Financial Highlights & Ratios
PEG Ratio0.00894
Price to Book (P/B)N/A
Price to Sales (P/S)7.39
Price to Cash Flow (P/CF)-13.90
P/FCF Ratio0.00
Enterprise Value/Market Cap1.67
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit93.28
Enterprise Value/Ebitda224.11
Forecast
1Y Price Target
$30.13Price Target Upside164.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
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Bulls Say, Bears Say
Bulls Say
Growth And ExpansionHUT has created multiple avenues for growth that include opportunities for developing and leasing AI data centers and its bitcoin mining operations.
Leadership And ManagementNew CFO Sean Glennan, with his background in Power, Utilities, and Renewables, is ideally suited to lead the financing of HUT's growing power pipeline.
Strategic PartnershipsCommercial agreements between HUT and American Bitcoin would provide the company with a stable, contracted revenue stream, including a colocation agreement under which HUT would host American Bitcoin’s mining rigs at existing and new colocation sites.
Bears Say
Market InformationColor on lease timeline or prospective customer was limited for River Bend, Louisiana.
Market VolatilityThe retracement in HUT's share price amid a decline in bitcoin price and AI space panic is seen as a compelling opportunity to buy into an intriguing firm at a bargain price.
Project TimelinesThe estimate for the '26 HPC contribution has been lowered due to an overly optimistic prior timeline.
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Ownership Overview
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Insiders
8.29% Mutual Funds
14.06% Other Institutional Investors
60.48% Public Companies and
Individual Investors
HUT FAQ
What was Hut 8’s price range in the past 12 months?
Hut 8 lowest stock price was $6.95 and its highest was $31.95 in the past 12 months.
What is Hut 8’s market cap?
Hut 8’s market cap is C$1.18B.
When is Hut 8’s upcoming earnings report date?
Hut 8’s upcoming earnings report date is May 14, 2025 which is in 36 days.
How were Hut 8’s earnings last quarter?
Hut 8 released its earnings results on Mar 03, 2025. The company reported $1.497 earnings per share for the quarter, beating the consensus estimate of $0.037 by $1.461.
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 -0.15.
How many shares outstanding does Hut 8 have?
Hut 8 has 103,855,680 shares outstanding.
What happened to Hut 8’s price movement after its last earnings report?
Hut 8 reported an EPS of $1.497 in its last earnings report, beating expectations of $0.037. Following the earnings report the stock price went down -4.542%.
Which hedge fund is a major shareholder of Hut 8?
Currently, no hedge funds are holding shares in HUT
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Hut 8 Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$30.13 (164.50% Upside)
$30.13 (164.50% Upside)
Blogger Sentiment
Bullish
HUT Sentiment 91%
Sector Average 67%
Sector Average 67%
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.3%
Last 30 Days ▲ 4.2%
Last 30 Days ▲ 4.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
23.22%
12-Months-Change
Fundamentals
Return on Equity
39.75%
Trailing 12-Months
Asset Growth
199.02%
Trailing 12-Months
Company Description
Hut 8
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBoxes in Drumheller, Alberta; and 51 BlockBoxes in Medicine Hat, Alberta. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada.
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HUT Stock 12 Month Forecast
Average Price Target
$30.13
▲(164.50% Upside)
Technical Analysis
HIVE Digital Technologies
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Galaxy Digital Holdings
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DMG Blockchain Solutions
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Best Analysts Covering HUT
1 Year
1 Year Success Rate
4/8 ratings generated profit
1 Year Average Return
+25.07%
reiterated a buy rating 7 days ago
Copying Bill Papanastasiou's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +25.07% per trade.
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