Hut 8 (HUT) Stock Overview

Operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. More details

HUT fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Revenue is forecast to grow 32.66% per year

Analysts in good agreement that stock price will rise by 35.1%

Risk Analysis

Shareholders have been diluted in the past year

Volatile share price over the past 3 months compared to the Canadian market

HUT Community Fair Values

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See what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.

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Hut 8 Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hut 8
Historical stock prices
Current Share Price	US$72.60
52 Week High	US$89.34
52 Week Low	US$14.28
Beta	6.17
1 Month Change	-4.59%
3 Month Change	19.08%
1 Year Change	240.37%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	369.90%

Recent updates

Shareholder Returns

	HUT	CA Software	CA Market
7D	-1.4%	1.9%	1.8%
1Y	240.4%	-42.8%	35.7%

Return vs Industry: HUT exceeded the Canadian Software industry which returned -42.8% over the past year.

Return vs Market: HUT exceeded the Canadian Market which returned 35.2% over the past year.

Price Volatility

Is HUT's price volatile compared to industry and market?
HUT volatility
HUT Average Weekly Movement	15.8%
Software Industry Average Movement	9.5%
Market Average Movement	10.7%
10% most volatile stocks in CA Market	19.8%
10% least volatile stocks in CA Market	3.5%

Stable Share Price: HUT's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: HUT's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
2020	222	Asher Genoot	www.hut8.com

Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services.

Hut 8 Corp. Fundamentals Summary

How do Hut 8's earnings and revenue compare to its market cap?
HUT fundamental statistics
Market cap	CA$8.05b
Earnings (TTM)	-CA$308.47m
Revenue (TTM)	CA$320.70m

25.1x

P/S Ratio

-26.1x

P/E Ratio

Is HUT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HUT income statement (TTM)
Revenue	US$235.12m
Cost of Revenue	US$107.77m
Gross Profit	US$127.34m
Other Expenses	US$353.49m
Earnings	-US$226.15m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	-2.04
Gross Margin	54.16%
Net Profit Margin	-96.19%
Debt/Equity Ratio	24.3%

How did HUT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/03/01 15:45
End of Day Share Price	2026/02/27 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hut 8 Corp. is covered by 19 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mark Palmer	Benchmark Company
Nicholas Giles	B. Riley Securities, Inc.
Gregory Lewis	BTIG

Hut 8 (HUT) Stock Overview

Rewards

Risk Analysis

Hut 8 Corp. Competitors

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Lumine Group

Descartes Systems Group

Kinaxis

Price History & Performance

Recent News & Updates

Full year 2025 earnings released: US$2.15 loss per share (vs US$3.71 profit in FY 2024)

Investor sentiment deteriorates as stock falls 16%

Hut 8 Corp. to Report Fiscal Year 2025 Results on Feb 25, 2026

Investor sentiment improves as stock rises 27%

Investor sentiment deteriorates as stock falls 18%

Investor sentiment improves as stock rises 30%

Recent updates

Full year 2025 earnings released: US$2.15 loss per share (vs US$3.71 profit in FY 2024)

Investor sentiment deteriorates as stock falls 16%

Hut 8 Corp. to Report Fiscal Year 2025 Results on Feb 25, 2026

Investor sentiment improves as stock rises 27%

Investor sentiment deteriorates as stock falls 18%

Investor sentiment improves as stock rises 30%

TransAlta Corporation (TSX:TA) entered into a definitive share purchase agreement to acquire Far North Power Corp. from Hut 8 Corp. (NasdaqGS:HUT) and Macquarie Equipment Finance Designated Activity Company for CAD 95 million.

Third quarter 2025 earnings released: EPS: US$0.47 (vs US$0.007 in 3Q 2024)

Investor sentiment improves as stock rises 33%

Hut 8 Corp. to Report Q3, 2025 Results on Nov 04, 2025

Investor sentiment improves as stock rises 21%

Investor sentiment improves as stock rises 28%

Independent Director recently sold CA$366k worth of stock

Independent Director recently sold CA$366k worth of stock

Investor sentiment improves as stock rises 23%

Investor sentiment improves as stock rises 20%

Second quarter 2025 earnings released: EPS: US$1.32 (vs US$0.78 loss in 2Q 2024)

Hut 8 Corp. to Report Q2, 2025 Results on Aug 07, 2025

Hut 8 Corp.(NasdaqGS:HUT) dropped from Russell 3000E Index

First quarter 2025 earnings released: US$1.30 loss per share (vs US$2.90 profit in 1Q 2024)

Hut 8 Corp., Annual General Meeting, Jun 18, 2025

Investor sentiment improves as stock rises 15%

Hut 8 Corp. to Report Q1, 2025 Results on May 08, 2025

Investor sentiment deteriorates as stock falls 16%

New minor risk - Shareholder dilution

Full year 2024 earnings released: EPS: US$3.71 (vs US$0.47 in FY 2023)

Investor sentiment deteriorates as stock falls 19%

Hut 8 Corp. to Report Fiscal Year 2024 Results on Mar 03, 2025

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 17%

Hut 8 Corp. has filed a Follow-on Equity Offering in the amount of $500 million.

Investor sentiment improves as stock rises 17%

Third quarter 2024 earnings released

Investor sentiment improves as stock rises 20%

Hut 8 Corp. to Report Q3, 2024 Results on Nov 13, 2024

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 25%

Investor sentiment deteriorates as stock falls 20%

Second quarter 2024 earnings released: US$0.78 loss per share (vs US$0.039 loss in 2Q 2023)

Hut 8 Corp. Announces Chief Financial Officer Changes

Investor sentiment deteriorates as stock falls 22%

Investor sentiment improves as stock rises 31%

Hut 8 Corp. announced that it has received $150 million in funding from Coatue Management, L.L.C.

Hut 8 Corp.(TSX:HUT) dropped from S&P Global BMI Index

Investor sentiment improves as stock rises 20%

High number of new directors

Hut 8 Corp. to Report Q2, 2024 Results on Aug 13, 2024

Hut 8 Corp. Optimizes Self-Mining Operations as Miners Come Online at Salt Creek

Hut 8 Corp., Annual General Meeting, Jun 21, 2024

Hut 8 Corp. to Report Q4, 2023 Results on Mar 28, 2024

Hut 8 Corp. Streamlines Operations with Closure of Drumheller Site

Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit against Hut 8 Corp

Chief Executive Officer & Director recently sold CA$483k worth of stock

Chief Executive Officer & Director recently sold CA$1.9m worth of stock

First quarter 2024 earnings released: US$0.096 loss per share (vs US$0.014 loss in 1Q 2023)

No independent directors

Hut 8 Mining Corp. (TSX:HUT) entered into a definitive business combination agreement to acquire US Bitcoin Corp in a merger of equals

Shareholder Returns

Price Volatility

About the Company

Hut 8 Corp. Fundamentals Summary