Hut 8 Corp. (HUT)
| Market Cap | 10.73B +213.6% |
| Revenue (ttm) | 317.95M +129.5% |
| Net Income | -599.24M |
| EPS | -5.40 |
| Shares Out | 123.26M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,816,260 |
| Open | 90.01 |
| Previous Close | 91.13 |
| Day's Range | 85.71 - 90.91 |
| 52-Week Range | 31.67 - 140.80 |
| Beta | 5.98 |
| Analysts | Strong Buy |
| Price Target | 161.78 (+85.76%) |
| Earnings Date | Nov 3, 2026 |
About HUT
Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company 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 op... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 18 analysts, the average rating for HUT stock is "Strong Buy." The 12-month stock price target is $161.78, which is an increase of 85.76% from the latest price.
News
Hut 8 Stock (HUT) Gains as $35B Anthropic AI Deal Uses Its Texas Data Center Site
Hut 8 ($HUT) stock edged higher in early trading after news broke that its Texas infrastructure sits inside a major artificial intelligence partnership. AI firm Anthropic agreed to spend $35…
Hut 8 up 4% at $81.60 after WSJ report on Nvidia-Anthropic deal
19:40 EDT Hut 8 (HUT) up 4% at $81.60 after WSJ report on Nvidia-Anthropic deal
3 Best Stocks With 100%+ Upside to Buy This Week, According to Analysts
Analysts see strong momentum in some stocks this week, including Fervo Energy ($FRVO), Vera Therapeutics ($VERA), and Hut 8 ($HUT). While each stock carries risk, analysts believe all three have more…
Bitcoin, crypto shares climb after Trump pushes Clarity Act
Cryptocurrency and blockchain-related stocks surged in premarket trading on Thursday after U.S. President Donald Trump urged Congress to pass legislation establishing clear rules for the digital asse...
Hut 8 initiated with a Buy at Freedom Capital
Freedom Capital initiated coverage of Hut 8 (HUT) with a Buy rating and $132 price target. The company is transitioning its data center capacity from crypto mining to supporting AI…
Hut 8 affirms commitment to responsible data center devlopment
Hut 8 (HUT) affirmed its commitment to responsible data center development and welcomed the focus of the directive issued by Texas Gov. Greg Abbott to the Public Utility Commission of…
Hut 8 price target raised to $143 from $127 at Piper Sandler
Piper Sandler raised the firm’s price target on Hut 8 (HUT) to $143 from $127 and keeps an Overweight rating on the shares. The firm says Hut 8 remains its…
Hut 8 price target lowered to $154 from $157 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on Hut 8 (HUT) to $154 from $157 and keeps an Outperform rating on the shares. The firm updated the company’s model post…
Hut 8 price target raised to $245 from $226 at Lucid Capital
Lucid Capital raised the firm’s price target on Hut 8 (HUT) to $245 from $226 and keeps a Buy rating on the shares following the Q2 report. Hut grew its…
Hut 8 price target raised to $170 from $148 at Clear Street
Clear Street analyst Brian Dobson raised the firm’s price target on Hut 8 (HUT) to $170 from $148 and keeps a Buy rating on the shares. The firm remains positive…
Hut 8 Earnings Call Transcript: Q2 2026
Revenue grew 81% year-over-year to $74.9 million, with gross margin expanding to 64% and adjusted EBITDA more than doubling, despite a GAAP net loss driven by Bitcoin price declines. The company secured $7.5 billion in project financing, fully commercialized Beacon Point, and maintains a robust, diversified development pipeline.
Hut 8 Quarterly report: Q2 2026
Hut 8 has published its Q2 2026 quarterly earnings report on August 4, 2026.
Hut 8 Earnings release: Q2 2026
Hut 8 released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
Hut 8 Slides: Q2 2026
Hut 8 has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 4, 2026.
Hut 8 reports Q2 EPS ($1.27), consensus (47c)
Reports Q2 revenue $74.93M, consensus $79.97M. Asher Genoot, CEO of Hut 8 (HUT), said: “In the second quarter, our power-first model drove significant commercial and financial milestones across our fi...
Hut 8 Reports Second Quarter 2026 Results
Power-first execution model compounds across the Company's first two AI data center campuses 949 MW of contracted IT capacity, approximately $26.6 billion of expected aggregate base-term contract valu...
Hut 8 price target raised to $163 from $130 at B. Riley
B. Riley raised the firm’s price target on Hut 8 (HUT) to $163 from $130 and keeps a Buy rating on the shares. HPC stocks have experienced a sharp pullback…
Hut 8 CEO Asher Genoot: Power is the key resource allowing AI data centers to thrive
Asher Genoot, Hut 8 CEO, joins 'Power Lunch' to discuss the company's latest hyperscaler deal, the impact to lower power grids and much more.
IREN, Hut 8 Stocks Surge as AI Deals Restore Neocloud Cheer
IREN stock was gaining alongside Hut 8 as both companies announced big cloud-computing deals.
Hut 8 signs $9.8 billion AI data center lease, fully commercializes Texas campus
Hut 8 , a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer, fully commercializing its 1-...
Hut 8 Fully Commercializes 1 GW Beacon Point AI Data Center Campus with Second 352 MW IT Lease, Bringing Campus-Level Base-Term Contract Value to $19.6 Billion
15-year, 352 MW IT lease doubles the existing high-investment-grade tenant's contracted capacity to 704 MW Total contracted IT capacity across Hut 8's AI data center portfolio rises to 949 MW, support...
Hut 8 Slides: Transaction presentation
Hut 8 has posted slides in relation to its latest quarterly earnings report, which was published on July 20, 2026.
Bitcoin Miners Pivoting to AI Infrastructure, Energy Becoming a Scarce Asset
Christian Lopez talks about the market's electricity demand and its value as availability becomes more limited. It comes as Bitcoin miners move into AI infrastructure, something Christian believes wil...
Bitcoin Miners Cash In as AI Hits a Power Bottleneck
Bitcoin miners spent the past decade building out cheap electricity and heavy-duty power infrastructure. Now, some of the biggest artificial intelligence (AI) companies in the world are paying billion...