HUT
HUT 5-star rating from Upturn Advisory

Hut 8 Corp. Common Stock (HUT)

Hut 8 Corp. Common Stock (HUT) 5-star rating from Upturn Advisory
$47.17
Last Close (24-hour delay)
Today's Top Performer logo Top performer
Profit since last BUY98.19%
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Regular Buy
BUY since 62 days
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Upturn Stock price based on last close icon Stock price based on last close
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Upturn Advisory Summary

11/10/2025: HUT (5-star) is a REGULAR-BUY. BUY since 62 days. Simulated Profits (98.19%). Updated daily EoD!

Upturn Star Rating

Upturn 5 star rating for performance

Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Number of Analysts

3 star rating from financial analysts

15 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $53.33

1 Year Target Price $53.33

Analysts Price Target For last 52 week
$53.33 Target price
52w Low $10.04
Current$47.17
52w High $57.29

Analysis of Past Performance

Type Stock
Historic Profit 227.4%
Avg. Invested days 39
Today’s Advisory Regular Buy
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/10/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.82B USD
Price to earnings Ratio 22.98
1Y Target Price 53.33
Price to earnings Ratio 22.98
1Y Target Price 53.33
Volume (30-day avg) 15
Beta 3.45
52 Weeks Range 10.04 - 57.29
Updated Date 11/10/2025
52 Weeks Range 10.04 - 57.29
Updated Date 11/10/2025
Dividends yield (FY) -
Basic EPS (TTM) 1.94

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date 2025-11-04
When -
Estimate -0.115
Actual -0.0461

Profitability

Profit Margin 115.39%
Operating Margin (TTM) 92.23%

Management Effectiveness

Return on Assets (TTM) 14.02%
Return on Equity (TTM) 17.2%

Valuation

Trailing PE 22.98
Forward PE 129.87
Enterprise Value 4265554309
Price to Sales(TTM) 27.02
Enterprise Value 4265554309
Price to Sales(TTM) 27.02
Enterprise Value to Revenue 7.75
Enterprise Value to EBITDA 11.63
Shares Outstanding 108036632
Shares Floating 87995837
Shares Outstanding 108036632
Shares Floating 87995837
Percent Insiders 10.21
Percent Institutions 73.42

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Hut 8 Corp. Common Stock

Hut 8 Corp. Common Stock(HUT) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Hut 8 Corp. was founded in 2011. It is one of North America's largest digital asset miners, focused on Bitcoin mining. The company has evolved from traditional data centers to specializing in blockchain infrastructure.

Company business area logo Core Business Areas

  • Bitcoin Mining: Focuses on mining Bitcoin through various facilities, generating revenue from block rewards and transaction fees.
  • High Performance Computing: Provides cloud computing services using NVIDIA GPUs, targeting AI, machine learning, and visual effects rendering.
  • Managed Services: Offers services that are related to the operation of equipment, and services for businesses that need Bitcoin/Data expertise.

leadership logo Leadership and Structure

Asher Genoot serves as the CEO. The company has a board of directors overseeing strategic direction and corporate governance.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Bitcoin Mining: The core business generates revenue from mining Bitcoin. Exact market share data is dynamic and depends on the total hash rate of the Bitcoin network. Competitors include Marathon Digital Holdings (MARA) and Riot Platforms (RIOT).
  • High Performance Computing: Cloud computing services using NVIDIA GPUs. Revenue depends on cloud utilization and customer demand. Competitors include CoreWeave and Amazon Web Services (AWS).

Market Dynamics

industry overview logo Industry Overview

The Bitcoin mining industry is highly competitive and influenced by Bitcoin price, mining difficulty, and energy costs. The high performance computing market is growing due to AI/ML demand.

Positioning

Hut 8 aims to be a leading North American Bitcoin miner and a provider of green energy. It differentiates itself by its focus on operational efficiency and environmental concerns.

Total Addressable Market (TAM)

TAM for Bitcoin mining is determined by the total Bitcoin network hashrate and block rewards; TAM for High Performance Computing is in the hundreds of billions. Hut 8 is strategically positioned to address specific segments of these large markets.

Upturn SWOT Analysis

Strengths

  • Strong Infrastructure
  • Diversified Revenue Streams (Bitcoin Mining and HPC)
  • Experienced Management Team
  • Focus on Sustainability
  • Strategic Partnerships

Weaknesses

  • High Energy Consumption
  • Reliance on Bitcoin Price
  • Regulatory Uncertainty
  • Competition in Mining
  • Debt Levels

Opportunities

  • Expansion of HPC Services
  • Increased Bitcoin Adoption
  • Technological Advancements in Mining
  • Favorable Regulatory Changes
  • Strategic Acquisitions

Threats

  • Bitcoin Price Volatility
  • Increased Mining Difficulty
  • Regulatory Crackdowns
  • Cybersecurity Risks
  • Competition from Larger Miners

Competitors and Market Share

Key competitor logo Key Competitors

  • MARA
  • RIOT
  • CLSK
  • BITF

Competitive Landscape

Hut 8 faces stiff competition from larger miners with more resources. Its competitive advantage lies in its strategic partnerships and focus on sustainability.

Major Acquisitions

USBTC

  • Year: 2023
  • Acquisition Price (USD millions): 720
  • Strategic Rationale: To expand mining capacity, increase hash rate, and improve operational efficiency.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is tied to Bitcoin's price and expansion of infrastructure. Data unavailable at time of generation.

Future Projections: Future growth depends on Bitcoin adoption, expansion of HPC services, and successful strategic initiatives. Analyst projections unavailable at time of generation.

Recent Initiatives: Recent initiatives include expanding mining capacity, focusing on high performance computing and strategic mergers.

Summary

Hut 8 Corp is a Bitcoin mining and high-performance computing company with potential but also faces significant risks. The company's future is tied to Bitcoin's price volatility and the success of its diversification efforts. It has an experienced team, but high energy consumption and regulatory uncertainty pose challenges. By expanding its HPC services, it could mitigate these risks, and grow in the current market. Further strategic initiatives and efficient operations are essential for sustained growth.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Industry Reports
  • Financial News Outlets

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market conditions are dynamic and may change.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Hut 8 Corp. Common Stock

Exchange NASDAQ
Headquaters Miami, FL, United States
IPO Launch date 2018-03-08
Co-Founder, CEO & Director Mr. Asher Kevin Genoot
Sector Financial Services
Industry Capital Markets
Full time employees 222
Full time employees 222

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 finance, accounting, and safety services, as well as engages in the Bitcoin mining business. In addition, the company provides colocation and data center cloud services; hosting services, which include the provision of mining equipment, as well as monitors, troubleshoots, repairs, and maintains related equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.