Hut 8 Corp. (HUT)

NASDAQ: HUT · Real-Time Price · USD
32.11
+0.15 (0.47%)
Sep 12, 2025, 10:21 AM EDT - Market open
0.47%
Market Cap3.39B
Revenue (ttm)138.54M
Net Income (ttm)156.30M
Shares Out 105.53M
EPS (ttm)1.48
PE Ratio21.75
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,119,790
Open32.22
Previous Close31.96
Day's Range31.79 - 32.79
52-Week Range9.75 - 32.79
Beta3.45
AnalystsStrong Buy
Price Target28.71 (-10.59%)
Earnings DateNov 12, 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 $28.71, which is a decrease of -10.59% from the latest price.

Price Target
$28.71
(-10.59% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Hut 8 Announces Voting Results for Election of Directors

MIAMI, Sept. 04, 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 ...

7 days ago - GlobeNewsWire

Eric Trump, Hut 8 CEO on American Bitcoin Debut, Strategy

Eric Trump, co-founder of American Bitcoin and the son of US President Donald Trump, and Hut 8 CEO Asher Genoot discuss American Bitcoin's business strategy on "Bloomberg The Close." Eric Trump's stak...

Other symbols: ABTC
8 days ago - Bloomberg Markets and Finance

Hut 8 Announces Plans to Develop Four New Sites with More Than 1.5 GW of Total Capacity

With ~90% of its 1,020 MW platform contracted as of June 30, 2025, Hut 8 advances an additional 1,530 MW from exclusivity into development New sites diversify Hut 8's geographic footprint across the U...

17 days ago - GlobeNewsWire

Q2 Earnings: BTC Gains Trump Rising Costs For Hut 8

Hut 8 Corp.'s recent outperformance versus Bitcoin is notable, but operational profitability remains heavily dependent on unrealized gains from BTC holdings. The Compute segment showed strong revenue ...

4 weeks ago - Seeking Alpha

Hut 8 Corp. (HUT) Q2 2025 Earnings Call Transcript

Hut 8 Corp. (NASDAQ:HUT) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Asher Kevin Genoot - Co-Founder, CEO & Director Sean Glennan - Chief Financial Officer Suzanne...

5 weeks ago - Seeking Alpha

Hut 8 Reports Second Quarter 2025 Results

Earnings Release Highlights Revenue of $41.3 million, net income of $137.5 million, and Adjusted EBITDA of $221.2 million. Total energy capacity under management of 1,020 megawatts (“MW”) as of June 3...

5 weeks ago - GlobeNewsWire

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...

7 weeks 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...

2 months 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...

2 months 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...

2 months 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
2 months 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...

2 months 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...

2 months 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.

Other symbols: ABTC
4 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...

4 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...

4 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
4 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...

4 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...

4 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
4 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 ...

5 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...

5 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...

5 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...

5 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...

5 months ago - Investopedia