HUT Stock Overview
Operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| 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$20.93 |
| 52 Week High | US$21.10 |
| 52 Week Low | US$6.18 |
| Beta | 0 |
| 11 Month Change | 85.55% |
| 3 Month Change | 181.32% |
| 1 Year Change | n/a |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 84.41% |
Recent News & Updates
Recent updates
HUT 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 03
Hut 8 Post-Merger Comprehensive Thesis: JCapital Research Might Be Right
Jan 29Hut 8 Mining: Diversified Business Appeal
Jan 13Shareholder Returns
| HUT | US Software | US Market | |
|---|---|---|---|
| 7D | 30.6% | -1.5% | 1.3% |
| 1Y | n/a | 25.5% | 22.0% |
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
| HUT volatility | |
|---|---|
| HUT Average Weekly Movement | 13.3% |
| Software Industry Average Movement | 6.9% |
| Market Average Movement | 5.8% |
| 10% most volatile stocks in US Market | 14.8% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: HUT's share price has been volatile over the past 3 months.
Volatility Over Time: HUT's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 98 | Asher Genoot | hut8.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
| HUT fundamental statistics | |
|---|---|
| Market cap | US$1.81b |
| Earnings (TTM) | US$253.59m |
| Revenue (TTM) | US$157.30m |
7.5x
P/E Ratio12.0x
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) | 2.81 |
| 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