Hut 8 (HUT) Stock Price, News & Analysis

Company Overview

Hut 8 is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies such as AI, high-performance computing, and ASIC compute. The Company develops, commercializes, and operates industrial-scale energy and data center infrastructure through a power-first, innovation-driven approach.

Key Stats

• Today's Range: C$77.48 to C$87.20
• 50-Day Range: C$64.35 to C$149.98
• 52-Week Range: C$44.82 to C$194.28
• Volume: 810,800 shs
• Average Volume: 780,491 shs
• Market Capitalization: C$9.85 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Strong Buy

Hut 8 Stock Analysis - MarketRank™

Hut 8 scored higher than 33% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.9 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Hut 8 has received a consensus rating of Strong Buy. The company's average rating score is 3.70, and is based on 8 strong buy ratings, 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Hut 8 has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hut 8 is -17.49, 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 -17.49, 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 5.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HUT.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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 and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.04

News Sentiment

Hut 8 has a news sentiment score of 1.04. 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 is a higher news sentiment than the 0.63 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Hut 8 this week, compared to 3 articles on an average week.

Search Interest

Only 50 people have searched for HUT on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Hut 8 to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hut 8 insiders have not sold or bought any company stock.

Percentage Held by Insiders

60.15% 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

43.10% of the stock of Hut 8 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: TSE:HUT
• CIK: N/A
• Web: www.hut8.com
• Phone: 647 256 1992
• Fax: N/A
• Employees: 248
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): C($4.69)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$193.22 million
• Net Margins: -167.72%
• Pretax Margin: N/A
• Return on Equity: -35.59%
• Return on Assets: -4.25%

Debt

• Debt-to-Equity Ratio: 16.38
• Current Ratio: 9.48
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: C$305.51 million
• Price / Sales: 32.23
• Cash Flow: C$10.44 per share
• Price / Cash Flow: 7.86
• Book Value: C$15.64 per share
• Price / Book: 5.24

Miscellaneous

• Outstanding Shares: 120,038,000
• Free Float: N/A
• Market Cap: C$9.85 billion
• Optionable: Not Optionable
• Beta: 4.58