Hut 8 Future Growth
Future criteria checks 2/6
Hut 8's earnings are forecast to decline at 18% per annum while its annual revenue is expected to grow at 37.8% per year. EPS is expected to decline by 26.9% per annum.
Key information
-18.0%
Earnings growth rate
-26.9%
EPS growth rate
| Software earnings growth | 16.8% |
| Revenue growth rate | 37.8% |
| Future return on equity | n/a |
| Analyst coverage | Good |
| Last updated | 17 Dec 2024 |
Recent future growth updates
Recent updates
Hut 8: A Third Quarter Earnings Review
Nov 13Hut 8: Massively Undervalued AI Play
Sep 04Hut 8's (NASDAQ:HUT) Earnings Are Weaker Than They Seem
Aug 21
Q2 Earnings: Hut 8 Needs AI To Work
Aug 13HUT 8: A Cryptocurrency Stock With High Growth Potential
May 02From Bull To Bear: Recent Events Drove Me To Exit My Position In HUT 8
Mar 19We Think Hut 8 (NASDAQ:HUT) Has A Fair Chunk Of Debt
Mar 03Hut 8 Post-Merger Comprehensive Thesis: JCapital Research Might Be Right
Jan 29Hut 8 Mining: Diversified Business Appeal
Jan 13Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 511 | 126 | N/A | -165 | 4 |
| 12/31/2025 | 291 | 26 | N/A | -51 | 9 |
| 12/31/2024 | 170 | 189 | N/A | -58 | 9 |
| 9/30/2024 | 194 | 190 | -164 | -86 | N/A |
| 6/30/2024 | 172 | 185 | -97 | -79 | N/A |
| 3/31/2024 | 157 | 254 | -81 | -67 | N/A |
| 12/31/2023 | 97 | 22 | N/A | N/A | N/A |
| 9/30/2023 | 63 | -69 | -22 | -20 | N/A |
| 6/30/2023 | 82 | -66 | -32 | -29 | N/A |
| 3/31/2023 | 84 | -89 | -77 | -66 | N/A |
| 12/31/2022 | 90 | -111 | -72 | -47 | N/A |
| 9/30/2022 | 103 | -32 | -76 | -47 | N/A |
| 6/30/2022 | 74 | -32 | -80 | -43 | N/A |
| 6/30/2021 | 7 | -16 | -9 | -9 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HUT's earnings are forecast to decline over the next 3 years (-18% per year).
Earnings vs Market: HUT's earnings are forecast to decline over the next 3 years (-18% per year).
High Growth Earnings: HUT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HUT's revenue (37.8% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: HUT's revenue (37.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HUT's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Hut 8 Corp. is covered by 9 analysts. 9 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 |
| Joseph Vafi | Canaccord Genuity |
| Brett Knoblauch | Cantor Fitzgerald & Co. |