HUT Stock Overview
Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Hut 8 Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.01 |
| 52 Week High | US$24.33 |
| 52 Week Low | US$8.35 |
| Beta | 0 |
| 1 Month Change | -1.09% |
| 3 Month Change | -22.94% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -35.21% |
Recent News & Updates
Recent updates
Shareholder Returns
| HUT | CA Software | CA Market | |
|---|---|---|---|
| 7D | -18.0% | -1.7% | -2.2% |
| 1Y | n/a | 27.4% | 3.9% |
Return vs Industry: Insufficient data to determine how HUT performed against the Canadian Software industry.
Return vs Market: Insufficient data to determine how HUT performed against the Canadian Market.
Price Volatility
| HUT volatility | |
|---|---|
| HUT Average Weekly Movement | 17.1% |
| Software Industry Average Movement | 10.3% |
| Market Average Movement | 9.2% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 3.2% |
Stable Share Price: HUT's share price has been volatile over the past 3 months.
Volatility Over Time: Insufficient data to determine HUT's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 219 | Asher Genoot | hut8.com |
Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing – Colocation and Cloud, and Other. The company mines Bitcoin.
Hut 8 Corp. Fundamentals Summary
| HUT fundamental statistics | |
|---|---|
| Market cap | CA$949.66m |
| Earnings (TTM) | CA$17.12m |
| Revenue (TTM) | CA$167.09m |
52.0x
P/E Ratio5.3x
P/S RatioIs HUT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HUT income statement (TTM) | |
|---|---|
| Revenue | US$121.21m |
| Cost of Revenue | US$68.60m |
| Gross Profit | US$52.61m |
| Other Expenses | US$40.19m |
| Earnings | US$12.42m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 15, 2024
| Earnings per share (EPS) | 0.14 |
| Gross Margin | 43.40% |
| Net Profit Margin | 10.24% |
| Debt/Equity Ratio | 38.4% |
How did HUT perform over the long term?
See historical performance and comparison