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Hut 8 NasdaqGS:HUT Stock Report

Last Price

US$24.46

Market Cap

US$2.4b

7D

-1.3%

1Y

n/a

Updated

20 Nov, 2024

Data

Company Financials +

Hut 8 Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hut 8
Historical stock prices
Current Share PriceUS$24.46
52 Week HighUS$28.47
52 Week LowUS$6.18
Beta0
11 Month Change59.56%
3 Month Change113.62%
1 Year Changen/a
33 Year Changen/a
5 Year Changen/a
Change since IPO115.51%

Recent News & Updates

Hut 8: A Third Quarter Earnings Review

Nov 13

Recent updates

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
7D-1.3%-1.5%-1.0%
1Yn/a23.7%30.3%

Return vs Industry: Insufficient data to determine how HUT performed against the US Software industry.

Return vs Market: Insufficient data to determine how HUT performed against the US Market.

Price Volatility

Is HUT's price volatile compared to industry and market?
HUT volatility
HUT Average Weekly Movement14.3%
Software Industry Average Movement7.4%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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
2017219Asher Genoothut8.com

Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. 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

How do Hut 8's earnings and revenue compare to its market cap?
HUT fundamental statistics
Market capUS$2.37b
Earnings (TTM)US$190.17m
Revenue (TTM)US$194.02m

12.0x

P/E Ratio

11.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HUT income statement (TTM)
RevenueUS$194.02m
Cost of RevenueUS$100.93m
Gross ProfitUS$93.10m
Other Expenses-US$97.07m
EarningsUS$190.17m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.03
Gross Margin47.98%
Net Profit Margin98.01%
Debt/Equity Ratio41.7%

How did HUT perform over the long term?

See historical performance and comparison