Hut 8 (HUT) Competitors C$25.36 -0.04 (-0.16%) As of 04:00 PM Eastern Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesBuy This Stock HUT vs. BLX, SII, VBNK, WFC, PTS, WED, BITF, ML, GRN, and CAREShould you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Boralex (BLX), Sprott (SII), VersaBank (VBNK), Wall Financial (WFC), Points.com (PTS), Westaim (WED), Bitfarms (BITF), Millennial Lithium (ML), Greenlane Renewables Inc. (GRN.V) (GRN), and Dialogue Health Technologies (CARE). These companies are all part of the "banking" industry. Hut 8 vs. Boralex Sprott VersaBank Wall Financial Points.com Westaim Bitfarms Millennial Lithium Greenlane Renewables Inc. (GRN.V) Dialogue Health Technologies Boralex (TSE:BLX) and Hut 8 (TSE:HUT) are both utilities companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, valuation, profitability, media sentiment, dividends, earnings, institutional ownership, community ranking and risk. Which has higher valuation & earnings, BLX or HUT? Hut 8 has lower revenue, but higher earnings than Boralex. Hut 8 is trading at a lower price-to-earnings ratio than Boralex, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioBoralexC$952.11M3.49C$71.91MC$0.6846.74Hut 8C$142.55M11.83C$193.22MC$4.096.20 Do analysts prefer BLX or HUT? Boralex currently has a consensus target price of C$39.38, suggesting a potential upside of 23.51%. Given Boralex's higher probable upside, analysts plainly believe Boralex is more favorable than Hut 8.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Boralex 0 Sell rating(s) 1 Hold rating(s) 2 Buy rating(s) 3 Strong Buy rating(s) 3.33Hut 8 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 9 Strong Buy rating(s) 4.00 Is BLX or HUT more profitable? Hut 8 has a net margin of 135.55% compared to Boralex's net margin of 7.55%. Hut 8's return on equity of 40.91% beat Boralex's return on equity.Company Net Margins Return on Equity Return on Assets Boralex7.55% 4.29% 2.54% Hut 8 135.55%40.91%-4.25% Does the media favor BLX or HUT? In the previous week, Hut 8 had 3 more articles in the media than Boralex. MarketBeat recorded 7 mentions for Hut 8 and 4 mentions for Boralex. Boralex's average media sentiment score of 1.04 beat Hut 8's score of 0.77 indicating that Boralex is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Boralex 1 Very Positive mention(s) 2 Positive mention(s) 0 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Hut 8 2 Very Positive mention(s) 2 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Does the MarketBeat Community believe in BLX or HUT? Boralex received 376 more outperform votes than Hut 8 when rated by MarketBeat users. However, 80.00% of users gave Hut 8 an outperform vote while only 62.56% of users gave Boralex an outperform vote. CompanyUnderperformOutperformBoralexOutperform Votes39662.56% Underperform Votes23737.44% Hut 8Outperform Votes2080.00% Underperform Votes520.00% Do insiders and institutionals have more ownership in BLX or HUT? 58.3% of Boralex shares are owned by institutional investors. Comparatively, 57.2% of Hut 8 shares are owned by institutional investors. 0.2% of Boralex shares are owned by insiders. Comparatively, 60.2% of Hut 8 shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth. Which has more risk and volatility, BLX or HUT? Boralex has a beta of 0.46, indicating that its share price is 54% less volatile than the S&P 500. Comparatively, Hut 8 has a beta of 3.45, indicating that its share price is 245% more volatile than the S&P 500. SummaryHut 8 beats Boralex on 11 of the 19 factors compared between the two stocks. Get Hut 8 News Delivered to You Automatically Sign up to receive the latest news and ratings for HUT and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.Skip Chart HUT vs. The Competition Export to ExcelMetricHut 8Capital Markets IndustryFinancial SectorTSE ExchangeMarket CapC$1.69BC$864.61MC$5.75BC$6.06BDividend YieldN/A3.88%4.13%6.33%P/E Ratio6.2028.4012.7632.45Price / Sales11.83153.371,692.731,031.93Price / Cash7.8611.8849.9283.58Price / Book2.503.253.194.13Net IncomeC$193.22MC$130.65MC$1.23BC$301.75M7 Day Performance14.87%2.11%1.09%1.71%1 Month Performance30.96%7.93%10.41%6.53%1 Year Performance86.60%16.87%14.15%21.98% Hut 8 Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)HUTHut 8N/AC$25.36-0.2%N/A+90.4%C$1.69BC$142.55M6.21219BLXBoralex1.6117 of 5 starsC$31.58+0.0%C$39.38+24.7%-11.1%C$3.29BC$952.11M46.30180News CoverageAnalyst UpgradeSIISprott1.0048 of 5 starsC$81.25+2.1%C$77.00-5.2%+43.3%C$1.45BC$114.38M31.66170News CoverageVBNKVersaBank1.9246 of 5 starsC$15.42-2.4%C$17.00+10.2%+2.4%C$499.00MC$248.46M10.03100WFCWall FinancialN/AC$15.16+2.8%N/A-32.0%C$486.57MC$193.65M19.59238,000News CoveragePTSPoints.comN/AN/AN/AN/AC$480.57MC$432.40M169.26240,000WEDWestaim0.0167 of 5 starsC$31.54-2.1%C$7.75-75.4%+651.8%C$465.98MC$10.20M71.363,240BITFBitfarms2.6572 of 5 starsC$1.25-0.8%C$3.75+200.0%-61.8%C$438.40MC$159.92M-2.81110News CoverageMLMillennial LithiumN/AC$4.04+2.0%N/A+0.0%C$395.36MN/A-20.20560Gap DownGRNGreenlane Renewables Inc. (GRN.V)N/AC$2.78+16.3%C$0.05-98.2%+0.0%C$368.17MC$16.93M-102.9649Gap UpCAREDialogue Health TechnologiesN/AN/AN/AN/AC$345.36MC$95.88M-17.13730 Related Companies and Tools Related Companies Boralex Alternatives Sprott Alternatives VersaBank Alternatives Wall Financial Alternatives Points.com Alternatives Westaim Alternatives Bitfarms Alternatives Millennial Lithium Alternatives Greenlane Renewables Inc. (GRN.V) Alternatives Dialogue Health Technologies Alternatives Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (TSE:HUT) was last updated on 6/10/2025 by MarketBeat.com Staff From Our PartnersBanks aren’t ready for this altcoin—are you?While everyone's distracted by Bitcoin's moves, a stealth revolution is underway. One altcoin is quietly po...Crypto 101 Media | SponsoredSilicon Valley Gold RushA new technology has sparked a modern-day gold rush in Silicon Valley. OpenAI’s Sam Altman invested $375M. Bil...Stansberry Research | SponsoredElon’s NEXT Big IPO?Cancel your internet TODAY!? Take your latest internet bill and light it on fire… then count the seconds it...Banyan Hill Publishing | SponsoredTrump’s Exec Order #14154 could be a “Millionaire-Maker”Former Presidential Advisor, Jim Rickards, says Trump could “rewire our economy and hand millions of Americans...Paradigm Press | SponsoredGet Ready for Elon Musk’s BIGGEST Comeback YetTesla's About to Prove Everyone Wrong... Again Back in 2018, when Jeff Brown told everyone to buy Tesla… ...Brownstone Research | SponsoredWhy Elon put $51 million into thisWhy Elon Musk Just Invested $51 Million Into Brand New “Miracle Metal” Developed by MIT ScientistsTrue Market Insiders | SponsoredREVEALED FREE: Our top 3 stocks to own in 2025 and beyondEvery time Weiss Ratings flashed green like this, the average gain on each and every stock has been 303% (incl...Weiss Ratings | SponsoredTrump Nominates “Next Elon”Elon's Replacement? You've been told Elon Musk has been forced out of DC. But did you know his successor ha...Altimetry | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Hut 8 Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Share Hut 8 With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Buy HUT Stock Free HUT Stock Alerts