Hut 8 Corp. (HUT)

NASDAQ: HUT · Real-Time Price · USD
21.40
+0.06 (0.28%)
At close: Jul 22, 2025, 4:00 PM
21.58
+0.18 (0.84%)
After-hours: Jul 22, 2025, 7:59 PM EDT
0.28%
Market Cap2.47B
Revenue (ttm)132.46M
Net Income (ttm)-52.88M
Shares Out 115.22M
EPS (ttm)-0.56
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume4,054,177
Open21.76
Previous Close21.34
Day's Range20.38 - 21.76
52-Week Range8.73 - 31.95
Beta3.45
AnalystsStrong Buy
Price Target26.64 (+24.49%)
Earnings DateAug 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]

Sector Financials
Founded 2011
Employees 222
Stock Exchange NASDAQ
Ticker Symbol HUT
Full Company Profile

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 Statements

Analyst Summary

According to 14 analysts, the average rating for HUT stock is "Strong Buy." The 12-month stock price target is $26.64, which is an increase of 24.49% from the latest price.

Price Target
$26.64
(24.49% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

21 hours ago - GlobeNewsWire

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...

7 days ago - GlobeNewsWire

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...

15 days ago - GlobeNewsWire

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...

20 days ago - GlobeNewsWire

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...

Other symbols: JKSRKLB
22 days ago - Green Stock News

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...

22 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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.

2 months ago - Benzinga

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

'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.

Other symbols: COINMARAMSTRRIOT
2 months ago - Fox Business

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...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

Other symbols: WULFIREN
2 months ago - Benzinga

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 ...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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...

4 months ago - CNBC Television

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...

4 months ago - Investopedia

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.

4 months ago - Reuters

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...

4 months ago - GlobeNewsWire

Bitcoin Miners Hit Rock Bottom? Valuations Slip Below Key Average For First Time In A Year

Bitcoin BTC/USD mining stocks just hit a rough patch. According to JPMorgan analyst Reginald L.

Other symbols: ARBKBITFCIFRCLSKCORZ
4 months ago - Benzinga

Hut 8: Paper Gains Mask A Brutal 2024

Four months ago, I recommended holding off on Hut 8 due to its inflated valuation despite a decent Q3 report. More recently, HUT 8 was able to grow total revenue by 69% for the full year 2024. Gross m...

4 months ago - Seeking Alpha

Hut 8 Operations Update for February 2025

592-acre site secured for newest River Bend campus in Louisiana ASIC fleet upgrade underway with deployment of new miners  Vega development progressing on schedule for Q2 energization MIAMI, March 06,...

4 months ago - GlobeNewsWire

Hut 8: This Fast-Growing Crypto Miner Does More Than Just Bitcoin Mining

Reiterating a bullish stance on Hut 8 with a $30 price target, citing improved fundamentals and diversification beyond Bitcoin mining. Hut 8's strategic shift includes revenue from AI, data centers, a...

4 months ago - Seeking Alpha