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Hut 8 (HUT) Stock Price, News & Analysis

Hut 8 logo
$67.12 +4.15 (+6.59%)
As of 01:17 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Hut 8 Stock (NASDAQ:HUT)

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Key Stats

Today's Range
$63.05
▼
$68.52
50-Day Range
$61.23
▼
$106.61
52-Week Range
$31.67
▼
$140.80
Volume
2.13 million shs
Average Volume
4.94 million shs
Market Capitalization
$8.27 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$148.09
Consensus Rating
Buy

Company Overview

Hut 8 Corp. is a North American energy infrastructure and computing company whose business includes digital asset mining, high-performance computing and data center operations. The company develops and manages power and infrastructure assets intended to support energy-intensive computing applications.

Hut 8’s activities have historically centered on Bitcoin mining, supported by company-operated data centers and specialized mining equipment. It also provides infrastructure for emerging computing applications, including artificial intelligence and other high-performance computing workloads, as it seeks to expand beyond cryptocurrency mining.

The company was established in Canada and expanded its operations in the United States through its combination with U.S. Data Mining Group, Inc., commonly known as US Bitcoin Corp., in 2023. Hut 8 serves the North American market and operates through a portfolio of energy and data center sites. Asher Genoot serves as chief executive officer.

AI Generated. May Contain Errors.

Hut 8 Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
71st Percentile Overall Score

HUT MarketRank™: 
3.5320744956 of 5 stars

Hut 8 scored higher than 71% of companies evaluated by MarketBeat, and ranked 330th out of 591 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Hut 8 has received a consensus rating of Buy. The company's average rating score is 3.04, and is based on 4 strong buy ratings, 18 buy ratings, 1 hold rating, and 1 sell rating.

  • Upside Potential

    Hut 8 has a consensus price target of $148.09, representing about 120.5% upside from its current price of $67.17.

  • Amount of Analyst Coverage

    Hut 8 has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Hut 8's stock forecast and price target.
  • Earnings Growth

    Earnings for Hut 8 are expected to decrease in the coming year, from ($2.93) to ($6.62) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hut 8 is -12.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hut 8 is -12.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Hut 8 has a P/B Ratio of 4.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Hut 8's valuation and earnings.
  • Percentage of Shares Shorted

    16.44% of the float of Hut 8 has been sold short.
  • Short Interest Ratio / Days to Cover

    Hut 8 has a short interest ratio ("days to cover") of 2.46, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hut 8 has recently decreased by 4.55%, indicating that investor sentiment is improving.
  • Dividend Yield

    Hut 8 does not currently pay a dividend.

  • Dividend Growth

    Hut 8 does not have a long track record of dividend growth.

  • News Sentiment

    Hut 8 has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Hut 8 this week, compared to 8 articles on an average week.
  • Search Interest

    64 people have searched for HUT on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.
  • MarketBeat Follows

    Only 22 people have added Hut 8 to their MarketBeat watchlist in the last 30 days. This is a decrease of -19% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Hut 8 insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,507,608.00 in company stock.

  • Percentage Held by Insiders

    10.40% of the stock of Hut 8 is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    31.75% of the stock of Hut 8 is held by institutions.

  • Read more about Hut 8's insider trading history.
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HUT Stock News Headlines

Why Hut 8 Corp. (HUT) Stock Is Up Today
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Traders Purchase High Volume of Call Options on Hut 8 (NASDAQ:HUT)
Hut 8 (NASDAQ:HUT) Stock Price Target Cut by Piper Sandler
Hut 8 (HUT) Has $26.6B in Leases, but Where Is the Revenue?
Hut 8 (NASDAQ:HUT) Director Sells 20,000 Shares of Stock
See More Headlines

HUT Stock Analysis - Frequently Asked Questions

Hut 8's stock was trading at $45.94 at the beginning of the year. Since then, HUT shares have increased by 46.2% and is now trading at $67.1730.

Hut 8 Corp. (NASDAQ:HUT) released its earnings results on Wednesday, August, 5th. The company reported ($1.27) earnings per share for the quarter, missing the consensus estimate of ($0.55) by $0.72. The business earned $74.93 million during the quarter, compared to analysts' expectations of $79.37 million. Hut 8 had a negative net margin of 188.59% and a negative trailing twelve-month return on equity of 0.97%.
Read the conference call transcript
.

Top institutional shareholders of Hut 8 include Two Seas Capital LP (0.28%), Tactive Advisors LLC (0.05%), Signal Advisors Wealth LLC (0.02%) and Strong Retirement Solutions LLC (0.02%). Insiders that own company stock include Jaime Leverton, Amy Marie Wilkinson, Mayo A Shattuck III, Shenif Visram, Victor Semah, Aniss Amdiss, Sean Joseph Glennan, Rick Rickertsen and Joseph Flinn.
View institutional ownership trends
.

Shares of HUT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Hut 8 investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), MARA (MARA), Micron Technology (MU), Palantir Technologies (PLTR), Tesla (TSLA) and IREN (IREN).

Company Calendar

Last Earnings
8/05/2026
Today
10/27/2026
Next Earnings (Estimated)
11/04/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Software
Sub-Industry
Application Software
Current Symbol
NASDAQ:HUT
CIK
1964789
Fax
N/A
Employees
248
Year Founded
2011

Price Target and Rating

High Price Target
$275.00
Low Price Target
$80.00
Potential Upside/Downside
+121.7%
Consensus Rating
Buy
Rating Score (0-4)
3.04
Research Coverage
24 Analysts

Profitability

EPS (Trailing Twelve Months)
($5.45)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$226.15 million
Net Margins
-188.59%
Pretax Margin
-258.23%
Return on Equity
-0.97%
Return on Assets
-0.36%

Debt

Debt-to-Equity Ratio
4.22
Current Ratio
19.35
Quick Ratio
19.35

Sales & Book Value

Annual Sales
$235.12 million
Price / Sales
35.02
Cash Flow
$0.49 per share
Price / Cash Flow
135.96
Book Value
$15.35 per share
Price / Book
4.35

Miscellaneous

Outstanding Shares
123,260,000
Free Float
110,440,000
Market Cap
$8.23 billion
Optionable
Optionable
Beta
4.62

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This page (NASDAQ:HUT) was last updated on 10/27/2026 by MarketBeat.com Staff.
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