HUT Stock Overview
Acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Hut 8 Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$13.51 |
| 52 Week High | US$24.33 |
| 52 Week Low | US$8.35 |
| Beta | 0 |
| 1 Month Change | 6.97% |
| 3 Month Change | 21.17% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -12.56% |
Recent News & Updates
Recent updates
Shareholder Returns
| HUT | CA Software | CA Market | |
|---|---|---|---|
| 7D | 12.8% | 1.5% | 1.2% |
| 1Y | n/a | 30.0% | 11.8% |
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 | 13.6% |
| Software Industry Average Movement | 9.1% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 17.9% |
| 10% least volatile stocks in CA Market | 2.9% |
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 | 98 | 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$1.19b |
| Earnings (TTM) | CA$346.64m |
| Revenue (TTM) | CA$215.02m |
3.5x
P/E Ratio5.6x
P/S RatioIs HUT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HUT income statement (TTM) | |
|---|---|
| Revenue | US$157.30m |
| Cost of Revenue | US$88.24m |
| Gross Profit | US$69.06m |
| Other Expenses | -US$184.53m |
| Earnings | US$253.59m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 13, 2024
| Earnings per share (EPS) | 2.83 |
| Gross Margin | 43.90% |
| Net Profit Margin | 161.21% |
| Debt/Equity Ratio | 24.0% |
How did HUT perform over the long term?
See historical performance and comparison