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
$43.57
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Upturn Advisory Summary

12/01/2025: HUT (5-star) is currently NOT-A-BUY. Pass it for now.

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 $57.87

1 Year Target Price $57.87

Analysts Price Target For last 52 week
$57.87 Target price
52w Low $10.04
Current$43.57
52w High $57.29

Analysis of Past Performance

Type Stock
Historic Profit 150.01%
Avg. Invested days 40
Today’s Advisory PASS
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 12/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.86B USD
Price to earnings Ratio 23.2
1Y Target Price 57.87
Price to earnings Ratio 23.2
1Y Target Price 57.87
Volume (30-day avg) 15
Beta 3.45
52 Weeks Range 10.04 - 57.29
Updated Date 12/1/2025
52 Weeks Range 10.04 - 57.29
Updated Date 12/1/2025
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 23.2
Forward PE 147.06
Enterprise Value 5218805440
Price to Sales(TTM) 27.26
Enterprise Value 5218805440
Price to Sales(TTM) 27.26
Enterprise Value to Revenue 7.81
Enterprise Value to EBITDA 11.51
Shares Outstanding 108036632
Shares Floating 87995837
Shares Outstanding 108036632
Shares Floating 87995837
Percent Insiders 10.05
Percent Institutions 79.34

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 2017 and focuses on digital asset mining, primarily Bitcoin, and high-performance computing infrastructure. It has grown through strategic acquisitions and expansion of its mining operations.

Company business area logo Core Business Areas

  • Bitcoin Mining: Hut 8's primary business is Bitcoin mining, where they use specialized hardware to solve complex algorithms and earn Bitcoin rewards.
  • High Performance Computing: Hut 8 offers cloud computing infrastructure, providing services to artificial intelligence, machine learning, and visual effects clients.

leadership logo Leadership and Structure

Asher Genoot is the current CEO. The company operates with a board of directors and a management team overseeing various departments like mining operations, technology, and finance.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Bitcoin: Hut 8 mines and holds Bitcoin. Market share is measured by the amount of Bitcoin held relative to other publicly traded miners. Competitors: Marathon Digital (MARA), Riot Platforms (RIOT), CleanSpark (CLSK).
  • High-Performance Computing Services: Hut 8 offers cloud computing services to businesses with high-intensity data processing needs. Competitors: CoreWeave, Amazon Web Services (AMZN), Microsoft Azure (MSFT).

Market Dynamics

industry overview logo Industry Overview

The cryptocurrency mining industry is highly competitive and influenced by Bitcoin price volatility, regulatory changes, and advancements in mining technology. High-performance computing is a growing sector with increasing demand from AI and data-intensive applications.

Positioning

Hut 8 positions itself as a leading Bitcoin miner and high-performance computing provider. Competitive advantages include their scale of operations, technological infrastructure, and strategic partnerships.

Total Addressable Market (TAM)

The cryptocurrency market has a multi-trillion dollar TAM. The high-performance computing market is expected to reach hundreds of billions by 2030. Hut 8 is positioned to capture a share of both through its mining and cloud service offerings.

Upturn SWOT Analysis

Strengths

  • Significant Bitcoin holdings
  • Diversified revenue streams (mining and HPC)
  • Experienced management team
  • Strong infrastructure and technology

Weaknesses

  • Reliance on Bitcoin price
  • High energy consumption
  • Regulatory risks
  • Competition in both mining and HPC sectors

Opportunities

  • Further expansion of HPC services
  • Strategic acquisitions
  • Adoption of renewable energy sources
  • Growth of the cryptocurrency market

Threats

  • Bitcoin price volatility
  • Increased mining difficulty
  • Changes in cryptocurrency regulations
  • Cybersecurity risks

Competitors and Market Share

Key competitor logo Key Competitors

  • MARA
  • RIOT
  • CLSK
  • CORZ

Competitive Landscape

Hut 8 faces intense competition in both Bitcoin mining and HPC. They need to differentiate themselves through efficiency, technology, and strategic partnerships.

Major Acquisitions

US Bitcoin Corp

  • Year: 2023
  • Acquisition Price (USD millions):
  • Strategic Rationale: Merger to create a larger, more diversified cryptocurrency mining company.

Growth Trajectory and Initiatives

Historical Growth: Hut 8's growth has been fueled by increased Bitcoin production and expansion into the HPC sector.

Future Projections: Future growth is projected to be driven by increased Bitcoin prices and the expansion of their data center capacity. Analyst estimates vary depending on market conditions and company performance.

Recent Initiatives: Recent initiatives include mergers and acquisitions to expand geographical footprint, upgrade mining hardware, and strategic partnerships to enhance their HPC offerings.

Summary

Hut 8 is a cryptocurrency mining company expanding into high-performance computing, which provides diversification. The company's performance is highly dependent on the price of Bitcoin, exposing it to market volatility. Strategic initiatives and geographic expansion improve the company's long-term growth potential. Hut 8 must navigate regulatory risks and increasing competition effectively.

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. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Market share figures are estimates and may vary.

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.