Hut 8 Corp. (HUT)

Market Cap	1.62B
Revenue (ttm)	132.46M
Net Income (ttm)	-52.88M
Shares Out	104.22M
EPS (ttm)	-0.56
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	6,761,001
Open	16.82
Previous Close	16.90
Day's Range	15.49 - 16.84
52-Week Range	8.53 - 31.95
Beta	3.45
Analysts	Strong Buy
Price Target	26.77 (+72.27%)
Earnings Date	May 8, 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...

• Industry: Capital Markets
• Sector: Financials
• Founded: 2011
• Employees: 222
• Stock Exchange: NASDAQ
• Ticker Symbol: HUT
• Website: https://hut8.com

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%.

Analyst Forecast

According to 13 analysts, the average rating for HUT stock is "Strong Buy." The 12-month stock price forecast is $26.77, which is an increase of 72.27% from the latest price.

Price Target

$26.77

(72.27% upside)

Analyst Consensus: Strong Buy