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Hut 8 Corp. (HUT)

93.55 +5.46 (+6.19%)
At close: September 4 at 4:00:01 PM EDT
93.76 +0.22 (+0.23%)
After hours: September 4 at 7:59:32 PM EDT
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What's happening with HUT?

22m ago
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Hut 8 is experiencing significant momentum due to a $35 billion cloud computing deal involving Anthropic and Nvidia. The company is transitioning from Bitcoin mining to a major player in AI data-center operations, with several lucrative contracts in its pipeline.

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  • Previous Close 88.09
  • Open 87.01
  • Bid 66.84 x 200
  • Ask 112.12 x 200
  • Day's Range 86.75 - 94.79
  • 52 Week Range 25.45 - 140.80
  • Volume 5,709,582
  • Avg. Volume 4,568,553
  • Market Cap (intraday) 11.53B
  • Beta (5Y Monthly) 5.98
  • PE Ratio (TTM) --
  • EPS (TTM) -5.73
  • Earnings Date Nov 4, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 161.78

Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company 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. It also engages in the operation of compute infrastructure; and provision, hosting, monitoring, troubleshooting, repair, maintenance, and sale of mining equipment. In addition, the company offers Bitcoin mining; data center and cloud infrastructure services, including colocation services; and ASIC compute, traditional cloud, and AI cloud services. Hut 8 Corp. was founded in 2020 and is based in Miami, Florida.

www.hut8.com

248

Full Time Employees

December 31

Fiscal Year Ends

Capital Markets

Industry

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

HUT
103.62%
S&P 500 (^GSPC)
12.75%

1-Year Return

HUT
265.27%
S&P 500 (^GSPC)
18.71%

3-Year Return

HUT
689.41%
S&P 500 (^GSPC)
70.93%

5-Year Return

HUT
75.34%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 74.93M
Earnings -150.19M
Profit Margin -200.44%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

-200M
-100M
0
-300.0%
-200.0%
-100.0%
0.0%

Analyst Insights

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Analyst Price Targets

120.00
161.78 Average
93.54 Current
273.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/6/2026
Analyst Piper Sandler
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 127 -> 143

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -188.59%

  • Return on Assets (ttm)

    -9.74%

  • Return on Equity (ttm)

    -43.37%

  • Revenue (ttm)

    317.95M

  • Net Income Avi to Common (ttm)

    -599.24M

  • Diluted EPS (ttm)

    -5.73

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    233.58M

  • Total Debt/Equity (mrq)

    437.21%

  • Levered Free Cash Flow (ttm)

    -7.74B

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