Hut 8 Mining Corp. (HUT)

NASDAQ: HUT · IEX Real-Time Price · USD
15.67
+0.42 (2.75%)
At close: Jul 2, 2024, 4:00 PM
15.30
-0.37 (-2.36%)
After-hours: Jul 2, 2024, 7:58 PM EDT
2.75%
Market Cap 1.42B
Revenue (ttm) 77.97M
Net Income (ttm) 436.63M
Shares Out 90.39M
EPS (ttm) 3.51
PE Ratio 4.46
Forward PE 29.41
Dividend n/a
Ex-Dividend Date n/a
Volume 3,951,041
Open 15.16
Previous Close 15.25
Day's Range 14.66 - 15.70
52-Week Range 6.18 - 22.75
Beta 3.45
Analysts Strong Buy
Price Target 15.10 (-3.64%)
Earnings Date Aug 12, 2024

About HUT

Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing " Colocation and Cloud, and Other. The company mines Bitcoin. 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 managemen... [Read more]

Industry Capital Markets
Sector Financials
Founded 2011
Employees 98
Stock Exchange NASDAQ
Ticker Symbol HUT
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for HUT stock is "Strong Buy." The 12-month stock price forecast is $15.1, which is a decrease of -3.64% from the latest price.

Price Target
$15.1
(-3.64% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Hut 8 Announces Closing of $150 Million Investment from Coatue

MIAMI, July 01, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North Ame...

1 day ago - GlobeNewsWire

CHWY Shares Halted, HUT Higher: The Frothy Market Dynamic

Chewy (CHWY) shares have been halted after “Roaring Kitty” posts dog meme on X. Kevin Green discusses the frothy dynamic in the market with stocks gaining and losing massive numbers.

Other symbols: CHWY
5 days ago - Schwab Network

Hut 8 Set to Join to Russell 3000® Index

Miami, June 27, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North Ame...

5 days ago - GlobeNewsWire

Hut 8 Announces $150 Million Strategic Investment from Coatue to Partner in Building Next Generation AI Infrastructure Platform

Funding will accelerate growth in Hut 8's data center portfolio; Reinforces Hut 8's position as a market leader in sourcing, developing, and operating energy infrastructure Funding will accelerate gro...

8 days ago - GlobeNewsWire

Bitcoin miners are shifting to AI

CNBC's Mackenzie Sigalos joins 'Power Lunch' to discuss bitcoin miners getting into AI.

Other symbols: BTBTCORZHIVE
4 weeks ago - CNBC Television

Hut 8 Reports First Quarter 2024 Results

Revenue of $51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million

6 weeks ago - GlobeNewsWire

Hut 8 Operations Update for April 2024

26.6 EH/s and 1.2 GW under management Salt Creek site fully energized and Cedarvale site partially energized MIAMI, May 06, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Co...

2 months ago - GlobeNewsWire

Media Advisory: Hut 8 to Release Q1 2024 Results May 15

MIAMI, April 24, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North Am...

2 months ago - GlobeNewsWire

Canadian Investor Alert: SMK Law Announces Investigation into Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT)

TORONTO--(BUSINESS WIRE)--SMK Law, a Canadian investor rights law firm, is investigating a shareholder class action against Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT). The investigation is focused on Cana...

2 months ago - Business Wire

Hut 8 optimizes self-mining operations as miners come online at Salt Creek

Greenfield site energized in 78 days, less than three months after breaking ground; Cost to mine a Bitcoin at site expected to be 30% lower than cost at hosted facilities due to favorable energy profi...

2 months ago - GlobeNewsWire

Hut 8 (HUT) CEO on How Bitcoin Halving Will Impact Miners

Hut 8 (HUT) provides digital asset mining and high-performance computing infrastructure solutions. CEO Asher Genoot joins Oliver Renick to give an overview of the company.

2 months ago - Schwab Network

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 8, 2024 in Hut 8 Lawsuit - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

3 months ago - Accesswire

Levi & Korsinsky Reminds Hut 8 Corp. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 8, 2024 - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

3 months ago - Accesswire

Shareholders that lost money on Hut 8 Corp.(HUT) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

3 months ago - Accesswire

Levi & Korsinsky Reminds Hut 8 Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 8, 2024 - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

3 months ago - Accesswire

HUT DEADLINE TODAY: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Hut 8 Corp. Investors to Secure Counsel Before Important April 8 Deadline in Securities Class Action – HUT

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hut 8 Corp. (NASDAQ: HUT) between November 9, 2023 and January 18, 2024, both dat...

3 months ago - Business Wire

Hut 8 Corp. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 8, 2024 to Discuss Your Rights - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

3 months ago - Accesswire

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Hut 8 Corp. with Losses In Excess of $250,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hut 8 Corp. ("Hut 8" or "the Comp...

3 months ago - Accesswire

Hut 8 Corp. Class Action: Levi & Korsinsky Reminds Hut 8 Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 8, 2024 - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

3 months ago - Accesswire

Hut 8 Corp. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information - HUT

NEW YORK, NY / ACCESSWIRE / April 7, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

3 months ago - Accesswire

Contact Levi & Korsinsky by April 8, 2024 Deadline to Join Class Action Against Hut 8 Corp.(HUT)

NEW YORK, NY / ACCESSWIRE / April 7, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

3 months ago - Accesswire

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Hut 8 Corp. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hut 8 Corp. ("Hut 8" or "the Comp...

3 months ago - Accesswire

FINAL DEADLINE MONDAY: The Schall Law Firm Encourages Investors in Hut 8 Corp. with Losses In Excess of $500,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hut 8 Corp. ("Hut 8" or "the Comp...

3 months ago - Accesswire

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 8, 2024 in Hut 8 Corp. Lawsuit - HUT

NEW YORK, NY / ACCESSWIRE / April 5, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

3 months ago - Accesswire

Shareholders of Hut 8 Corp. Should Contact Levi & Korsinsky Before April 8, 2024 to Discuss Your Rights - HUT

NEW YORK, NY / ACCESSWIRE / April 5, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

3 months ago - Accesswire