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Hut 8 NasdaqGS:HUT Stock Report

Last Price

US$12.16

Market Cap

US$1.3b

7D

6.8%

1Y

57.5%

Updated

13 Apr, 2025

Data

Company Financials +

Community vs My Fair Value

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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 PriceUS$12.16
52 Week HighUS$31.95
52 Week LowUS$6.95
Beta0
1 Month Change-3.65%
3 Month Change-46.97%
1 Year Change57.51%
3 Year Changen/a
5 Year Changen/a
Change since IPO7.14%

Recent News & Updates

Recent updates

Hut 8: This Fast-Growing Crypto Miner Does More Than Just Bitcoin Mining

Mar 05

Hut 8: The Data Centre Services Story Is Compelling

Jan 22
author-image

AI Expansion Fuels Future Revenue Amidst Bitcoin Volatility And Margin Squeeze Risks

Dec 01 Expansion in AI datacenter capacity and GPU-as-a-Service is expected to drive significant future revenue growth and fulfill emerging market needs.

Hut 8: A Third Quarter Earnings Review

Nov 13

Hut 8: Massively Undervalued AI Play

Sep 04

Hut 8's (NASDAQ:HUT) Earnings Are Weaker Than They Seem

Aug 21
Hut 8's (NASDAQ:HUT) Earnings Are Weaker Than They Seem

Q2 Earnings: Hut 8 Needs AI To Work

Aug 13

HUT 8: A Cryptocurrency Stock With High Growth Potential

May 02

From Bull To Bear: Recent Events Drove Me To Exit My Position In HUT 8

Mar 19

We Think Hut 8 (NASDAQ:HUT) Has A Fair Chunk Of Debt

Mar 03
We Think Hut 8 (NASDAQ:HUT) Has A Fair Chunk Of Debt

Hut 8 Post-Merger Comprehensive Thesis: JCapital Research Might Be Right

Jan 29

Hut 8 Mining: Diversified Business Appeal

Jan 13

Shareholder Returns

HUTUS SoftwareUS Market
7D6.8%7.5%5.4%
1Y57.5%-1.2%3.6%

Return vs Industry: HUT exceeded the US Software industry which returned -1.2% over the past year.

Return vs Market: HUT exceeded the US Market which returned 3.6% over the past year.

Price Volatility

Is HUT's price volatile compared to industry and market?
HUT volatility
HUT Average Weekly Movement13.9%
Software Industry Average Movement9.0%
Market Average Movement7.7%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market4.0%

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

Volatility Over Time: HUT's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2017222Asher Genoothut8.com

Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. The company operates through four segments: Power, Digital Infrastructure, Compute, and Other. It also 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, as well as engages in the Bitcoin mining business.

Hut 8 Corp. Fundamentals Summary

How do Hut 8's earnings and revenue compare to its market cap?
HUT fundamental statistics
Market capUS$1.26b
Earnings (TTM)US$338.93m
Revenue (TTM)US$162.39m

3.7x

P/E Ratio

7.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HUT income statement (TTM)
RevenueUS$162.39m
Cost of RevenueUS$86.66m
Gross ProfitUS$75.73m
Other Expenses-US$263.20m
EarningsUS$338.93m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

May 08, 2025

Earnings per share (EPS)3.26
Gross Margin46.64%
Net Profit Margin208.72%
Debt/Equity Ratio30.7%

How did HUT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/13 12:05
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark PalmerBenchmark Company
Joseph VafiCanaccord Genuity
Brett KnoblauchCantor Fitzgerald & Co.