Hut 8 (HUT) Competitors C$30.29 +0.45 (+1.51%) As of 04:54 PM Eastern Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesBuy This Stock HUT vs. BLX, SII, WFC, VBNK, BITF, PTS, WED, 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), Wall Financial (WFC), VersaBank (VBNK), Bitfarms (BITF), Points.com (PTS), Westaim (WED), 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. Its Competitors Boralex Sprott Wall Financial VersaBank Bitfarms Points.com Westaim Millennial Lithium Greenlane Renewables Inc. (GRN.V) Dialogue Health Technologies Boralex (TSE:BLX) and Hut 8 (TSE:HUT) are both mid-cap banking companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, valuation, analyst recommendations, media sentiment, earnings, dividends and profitability. Which has more volatility & risk, 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. Do insiders & institutionals believe in BLX or HUT? 58.3% of Boralex shares are held by institutional investors. Comparatively, 57.2% of Hut 8 shares are held by institutional investors. 0.2% of Boralex shares are held by insiders. Comparatively, 60.2% of Hut 8 shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth. 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% Do analysts recommend BLX or HUT? Boralex presently has a consensus target price of C$39.22, suggesting a potential upside of 24.48%. Given Boralex's higher probable upside, research analysts clearly 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) 3 Buy rating(s) 3 Strong Buy rating(s) 3.29Hut 8 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 9 Strong Buy rating(s) 4.00 Which has better 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$952.11M3.44C$71.91MC$0.6846.20Hut 8C$142.55M14.14C$193.22MC$4.097.41 Does the media refer more to BLX or HUT? In the previous week, Hut 8 had 9 more articles in the media than Boralex. MarketBeat recorded 9 mentions for Hut 8 and 0 mentions for Boralex. Boralex's average media sentiment score of 0.00 beat Hut 8's score of -0.15 indicating that Boralex is being referred to more favorably in the media. Company Overall Sentiment Boralex Neutral Hut 8 Neutral SummaryHut 8 beats Boralex on 10 of the 17 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 HUT 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$2.02BC$882.73MC$6.15BC$6.24BDividend YieldN/A3.88%4.20%6.72%P/E Ratio7.4131.2013.3052.54Price / Sales14.14159.141,750.071,194.26Price / Cash7.8611.8849.5283.29Price / Book2.993.331.924.71Net IncomeC$193.22MC$130.65MC$1.23BC$301.20M7 Day Performance4.56%3.31%4.69%1.29%1 Month Performance27.54%13.23%7.48%4.46%1 Year Performance31.18%22.11%17.92%25.89% Hut 8 Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)HUTHut 8N/AC$30.29+1.5%N/A+29.2%C$2.02BC$142.55M7.41219Analyst RevisionGap UpBLXBoralex1.4977 of 5 starsC$32.58-1.0%C$39.22+20.4%-11.5%C$3.39BC$952.11M47.76180SIISprott0.431 of 5 starsC$95.84+1.3%C$83.00-13.4%+58.1%C$1.71BC$114.38M37.35170WFCWall FinancialN/AC$17.00-2.9%N/AN/AC$545.63MC$193.65M21.97238,000News CoverageGap DownVBNKVersaBankN/AC$15.77-0.7%C$19.00+20.5%+6.0%C$510.33MC$248.46M10.25100BITFBitfarms2.415 of 5 starsC$1.42+2.9%C$3.75+164.1%-57.6%C$498.02MC$159.92M-3.20110Gap UpPTSPoints.comN/AN/AN/AN/AC$480.57MC$432.40M169.26240,000WEDWestaim0.0902 of 5 starsC$30.16-2.7%C$7.75-74.3%+662.3%C$445.59MC$10.20M68.243,240MLMillennial 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 Wall Financial Alternatives VersaBank Alternatives Bitfarms Alternatives Points.com Alternatives Westaim 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 7/14/2025 by MarketBeat.com Staff From Our PartnersMarket Panic: Trump Just Dropped a Bomb on Your Stockstock Market Panic: Trump Just Dropped a Bomb on Your Stocks The market is in freefall—and Trump's new tarif...American Alternative | SponsoredBanks aren’t ready for this altcoin—are you?Our expert analysts have identified a $100 billion gap in the crypto market. Only one project is perfectly ...Crypto 101 Media | SponsoredINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffRight now, we’re witnessing a monumental shift in the world.Traders Agency | SponsoredEveryone’s watching Nvidia right now. 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