Hut 8 Corp. (HUT)
| Market Cap | 2.36B |
| Revenue (ttm) | 138.54M |
| Net Income (ttm) | 156.30M |
| Shares Out | 105.53M |
| EPS (ttm) | 1.48 |
| PE Ratio | 15.31 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,858,905 |
| Open | 21.91 |
| Previous Close | 21.58 |
| Day's Range | 21.68 - 22.48 |
| 52-Week Range | 8.73 - 31.95 |
| Beta | 3.45 |
| Analysts | Strong Buy |
| Price Target | 27.36 (+22.36%) |
| Earnings Date | Aug 7, 2025 |
About HUT
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 f... [Read more]
Financial Performance
In 2024, Hut 8's revenue was $162.39 million, an increase of 69.07% compared to the previous year's $96.05 million. Earnings were $331.88 million, an increase of 1418.91%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for HUT stock is "Strong Buy." The 12-month stock price target is $27.36, which is an increase of 22.36% from the latest price.
News
Q2 Earnings: BTC Gains Trump Rising Costs For Hut 8
Hut 8 Corp.'s recent outperformance versus Bitcoin is notable, but operational profitability remains heavily dependent on unrealized gains from BTC holdings. The Compute segment showed strong revenue ...
Hut 8 Corp. (HUT) Q2 2025 Earnings Call Transcript
Hut 8 Corp. (NASDAQ:HUT) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Asher Kevin Genoot - Co-Founder, CEO & Director Sean Glennan - Chief Financial Officer Suzanne...
Hut 8 Reports Second Quarter 2025 Results
Earnings Release Highlights Revenue of $41.3 million, net income of $137.5 million, and Adjusted EBITDA of $221.2 million. Total energy capacity under management of 1,020 megawatts (“MW”) as of June 3...
Hut 8 Advances Capital Strategy with DIFC License
MIAMI, July 22, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale t...
Hut 8 Rebrands to Align External Positioning with Power-First, Platform-Driven Business Model
MIAMI, July 15, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale t...
Hut 8 Schedules Second Quarter 2025 Earnings Release and Conference Call
MIAMI, July 07, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale t...
Hut 8 Secures Five-Year Capacity Contracts with IESO for 310 MW of Power Generation Assets
MIAMI, July 02, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale t...
Rocket Lab ($RKLB) | Eve Air Mobility ($EVEX) | JinkoSolar ($JKS) | Hut 8 ($HUT)
Welcome to the Green Stock News brief for Monday June 30th. Here are today's top headlines: Rocket Lab (NASDAQ: RKLB) has successfully launched its 68th Electron rocket from New Zealand, deploying a s...
Hut 8 Energizes Vega Data Center
205 MW facility will support up to ~15 EH/s of next-generation rack-based ASIC compute with direct-to-chip liquid cooling Believed to be the largest single-building Bitcoin mining facility by nameplat...
Hut 8 Amends and Expands Bitcoin-Backed Credit Facility with Coinbase to $130 Million
MIAMI, June 24, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale t...
American Bitcoin Spin-Off, AI Ambitions To Boost Hut 8 Stock: Analyst
Canaccord Genuity analyst Joseph Vafi maintained a Buy rating on Hut 8 Corp. HUT and reiterated the $32 price forecast.
Hut 8 Subsidiary American Bitcoin Announces Go-Public Transaction
MIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to...
Hut 8 Q1 Earnings: A $1B Bitcoin Stash And A Capital-Light Future
Hut 8 Corp. missed consensus revenue estimates but beat EPS estimates, reporting $21.8 million in revenue and a $134.3 million net loss due to Bitcoin value changes. The creation of American Bitcoin a...
'UP, UP AND AWAY': Crypto soars after Trump's UK trade deal
'The Big Money Show' panel discusses the impact of President Donald Trump's U.K. trade deal on cryptocurrency.
Hut 8 Corp. (HUT) Q1 2025 Earnings Call Transcript
Hut 8 Corp. (NASDAQ:HUT) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Sue Ennis - Head, Investment Relations Asher Genoot - Chief Executive Officer Sean Glennan - Chie...
Hut 8 Reports First Quarter 2025 Results
ASIC fleet upgrade drives 79% increase in hashrate and 37% improvement in fleet efficiency quarter-over-quarter Launch of American Bitcoin accelerates Hut 8's evolution as an integrated energy infrast...
Bitcoin Is Booming, But Miners Like Riot, Iren, Hut 8, TeraWulf Are Flatlining
Bitcoin BTC/USD had a blowout April, rising 15% and closing near $94,300. But for a third straight month, miners with high-performance computing (HPC) ambitions — Iren Ltd IREN, Riot Platforms Inc RIO...
Hut 8 Schedules First Quarter 2025 Earnings Release and Conference Call
MIAMI, April 10, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale ...
Hut 8 Operations Update for March 2025
102% increase in deployed hashrate from an average of 4.6 EH/s in February 2025 to 9.3 EH/s as of the end of March 2025 31% improvement in fleet efficiency from an average of 29.3 J/TH in February 202...
Hut 8: The New JV Is Ho-Hum, But The Stock Looks Cheap
Hut 8 Corp.'s new venture with Eric Trump aims to boost its Bitcoin mining capacity. The stock is near a potential bottom, with positive divergences on momentum indicators, but confirmation requires b...
Eric Trump, Hut 8 CEO outline partnership to launch new bitcoin mining company: CNBC Crypto World
On today's show, bitcoin climbs to the $85,000 level to kick off April while notching back-to-back monthly losses in March. And, crypto investor Chun Wang blasts off into space in the first human spac...
Trump Brothers Team Up with Hut 8 in Bitcoin Mining Venture
Bitcoin mining platform Hut 8 (HUT) and Donald Trump's sons have joined forces to launch a new firm called American Bitcoin focused exclusively on "industrial-scale Bitcoin mining and strategic Bitcoi...
Hut 8, Eric Trump to launch bitcoin mining company
Hut 8 said on Monday it had joined hands with President Donald Trump's son, Eric Trump, to launch a bitcoin mining company called American Bitcoin.
Hut 8 and Eric Trump Launch American Bitcoin to Set a New Standard in Bitcoin Mining
American Bitcoin Highlights American Bitcoin aims to become the world's largest, most efficient pure-play miner while building a robust strategic Bitcoin reserve Path to 50+ EH/s at average fleet effi...
