Hut 8 Corp. (HUT)

Market Cap	1.22B
Revenue (ttm)	162.39M
Net Income (ttm)	331.88M
Shares Out	103.86M
EPS (ttm)	3.33
PE Ratio	3.45
Forward PE	98.85
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,857,489
Open	12.25
Previous Close	12.46
Day's Range	11.65 - 12.34
52-Week Range	6.95 - 31.95
Beta	3.45
Analysts	Strong Buy
Price Target	31.89 (+172.1%)
Earnings Date	Mar 3, 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 9 analysts, the average rating for HUT stock is "Strong Buy." The 12-month stock price forecast is $31.89, which is an increase of 172.10% from the latest price.

Price Target

$31.89

(172.10% upside)

Analyst Consensus: Strong Buy