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Hut 8 (HUT)
NASDAQ:HUT
HUT Stock Chart & Stats
$52.72
-$1.35(-5.43%)
At close: 4:00 PM EST
$52.72
-$1.35(-5.43%)
Day’s Range― - ―
52-Week Range$10.04 - $66.07
Previous Close$23.75
Volume5.04M
Average Volume (3M)7.16M
Market Cap
$5.85B
Enterprise Value$6.40B
Total Cash (Recent Filing)$64.82M
Total Debt (Recent Filing)$610.82M
Price to Earnings (P/E)―
Beta2.73
Next Earnings
May 20, 2026EPS Estimate
-0.3Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.45
Shares Outstanding110,887,280
10 Day Avg. Volume8,395,766
30 Day Avg. Volume7,164,584
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)3.41
Price to Sales (P/S)20.24
P/FCF Ratio-13.36
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue40.57
Enterprise Value/Gross Profit-329.96
Enterprise Value/Ebitda36.02
Forecast
1Y Price Target
$72.92Price Target Upside38.31% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)-0.95
Revenue Forecast (FY)$351.90M
Bulls Say, Bears Say
Bulls Say
Capital Allocation And RedeploymentPlanned sale of natural gas power plants will free capital to redeploy into data center development, accelerating the company's shift toward higher-value AI infrastructure.
Financing And Credit ProfileGoogle's payment backstop for the River Bend lease materially strengthens the project's credit profile and can reduce borrowing costs for the company.
Strategic Partnerships And DemandPartnerships with Fluidstack and Anthropic position the company as a preferred infrastructure provider for AI customers, improving prospects for large-scale capacity leases across the development pipeline.
Bears Say
Grid Authorization And Energy Supply RiskExpansion at River Bend depends on grid authorization and may require on-site gas or customer-provided generation, introducing execution and regulatory risks for planned builds.
Pipeline Execution And TransparencySubjective and inconsistent classification of development projects creates uncertainty about which sites will advance, complicating projections for future capacity and revenue.
ProfitabilityAdjusted earnings excluding Bitcoin remain negative, reflecting ongoing operating losses that could pressure valuation until core profitability improves.
Hut 8 News
HUT FAQ
What was Hut 8’s price range in the past 12 months?
Hut 8 lowest stock price was $10.04 and its highest was $66.07 in the past 12 months.
What is Hut 8’s market cap?
Hut 8’s market cap is $5.85B.
When is Hut 8’s upcoming earnings report date?
Hut 8’s upcoming earnings report date is May 20, 2026 which is in 77 days.
How were Hut 8’s earnings last quarter?
Hut 8 released its earnings results on Feb 25, 2026. The company reported -$2.452 earnings per share for the quarter, missing the consensus estimate of -$0.065 by -$2.387.
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 -0.3.
How many shares outstanding does Hut 8 have?
Hut 8 has 110,887,280 shares outstanding.
What happened to Hut 8’s price movement after its last earnings report?
Hut 8 reported an EPS of -$2.452 in its last earnings report, missing expectations of -$0.065. Following the earnings report the stock price went down -6.572%.
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$72.92 (38.31% Upside)
$72.92 (38.31% Upside)
Blogger Sentiment
Neutral
HUT Sentiment 50%
Sector Average ―
Sector Average ―
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Bullish
Bullish news 78%
Bearish news 22%
Bearish news 22%
Technicals
SMA
Positive
20 days / 200 days
Momentum
288.27%
12-Months-Change
Fundamentals
Return on Equity
15.87%
Trailing 12-Months
Asset Growth
85.44%
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.
HUT Stock 12 Month Forecast
Average Price Target
$72.92
▲(38.31% Upside)
Technical Analysis
Neptune Digital Assets
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Bitfarms
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Galaxy Digital
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DMG Blockchain Solutions
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Cathedra Bitcoin Inc
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Ownership Overview
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Insiders
13.68% Mutual Funds
3.05% Other Institutional Investors
65.95% Public Companies and Individual Investors