(HUT) Hut 8 Common Stock - Overview

Sector: Financial Services | Industry: Capital Markets | Exchange: NASDAQ (USA) | Market Cap: 10.832m USD | Total Return: 520% in 12m

Bitcoin Mining, Data Centers, Cloud Computing, Energy Management
Total Rating 35
Safety 24
Buy Signal 0.60
Capital Markets
Industry Rotation: -13.6
Market Cap: 10.8B
Avg Turnover: 476M
Risk 3d forecast
Volatility110%
VaR 5th Pctl18.3%
VaR vs Median1.38%
Reward TTM
Sharpe Ratio2.28
Rel. Str. IBD99.2
Rel. Str. Peer Group97.1
Character TTM
Beta4.000
Beta Downside3.412
Hurst Exponent0.384
Drawdowns 3y
Max DD71.68%
CAGR/Max DD1.77
CAGR/Mean DD3.70
EPS (Earnings per Share) EPS (Earnings per Share) of HUT over the last years for every Quarter: "2021-03": 0.75, "2021-06": -0.16, "2021-09": -0.0242, "2021-12": -0.0687, "2022-03": -0.14, "2022-06": -0.91, "2022-09": -0.0199, "2022-12": -2.63, "2023-03": 0.41, "2023-06": -0.04, "2023-09": -0.1, "2023-12": 0.29, "2024-03": 3.62, "2024-06": -0.78, "2024-09": 0.01, "2024-12": 0.55, "2025-03": -1.3, "2025-06": 1.18, "2025-09": 0.43, "2025-12": -2.45, "2026-03": -1.9795,
Last SUE: -1.05
Qual. Beats: -2
Revenue Revenue of HUT over the last years for every Quarter: 2021-03: 32.514655, 2021-06: 33.549443, 2021-09: 4.658, 2021-12: 23.547, 2022-03: 19, 2022-06: 31.98, 2022-09: 35.077, 2022-12: 13.109, 2023-03: 15.647, 2023-06: 20.53, 2023-09: 21.703, 2023-12: 38.166, 2024-03: 51.741, 2024-06: -36.627, 2024-09: 43.735, 2024-12: 339.851, 2025-03: 21.815, 2025-06: 41.299, 2025-09: 160.105, 2025-12: -313.384, 2026-03: 71.017,
Rev. CAGR: -60.37%
Rev. Trend: -74.1%
Last SUE: -0.09
Qual. Beats: 0

Warnings

Choppy

Tailwinds

Shakeout, Leader, Confidence

Description: HUT Hut 8 Common Stock

Hut 8 Corp. (HUT) is an energy infrastructure and digital compute firm operating across the United States and Canada. The company manages a vertically integrated platform that combines power procurement, site development, and data center operations. Its business segments include Power, Digital Infrastructure, and Compute, providing services ranging from energy portfolio optimization to the management of high-performance computing (HPC) environments.

The company maintains a diversified revenue model by offering Bitcoin mining alongside traditional cloud and AI-focused infrastructure services. This strategy reflects a broader trend in the digital asset sector where firms leverage excess energy capacity and specialized hardware to support both blockchain validation and artificial intelligence workloads. For a deeper analysis of these operational segments, you may find further insights on ValueRay.

Hut 8 also functions as a managed services provider, overseeing the design, procurement, and maintenance of energy-intensive facilities. By integrating ASIC compute with colocation and software automation, the company positions itself as a foundational layer for both financial technology and general-purpose data processing.

Headlines to Watch Out For
  • Bitcoin price volatility directly dictates mining revenue and balance sheet valuation
  • Diversification into AI and high-performance computing reduces reliance on crypto cycles
  • Energy procurement costs and power infrastructure efficiency determine operational profit margins
  • Bitcoin halving events impact production volume and require hardware efficiency upgrades
  • Regulatory shifts in North American energy usage affect digital infrastructure expansion plans
Piotroski VR-10 (Strict) 1.0
Net Income: -312.1m TTM > 0 and > 6% of Revenue
FCF/TA: -0.34 > 0.02 and ΔFCF/TA -8.76 > 1.0
NWC/Revenue: -237.7% < 20% (prev 15.16%; Δ -252.9% < -1%)
CFO/TA -0.05 > 3% & CFO -131.9m > Net Income -312.1m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 0.86 > 1.5 & < 3
Outstanding Shares: last quarter (111.1m) vs 12m ago 7.98% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.72% > 50% (prev 23.46%; Δ -22.74% > 0%)
Interest Coverage Ratio: -13.05 > 6 (EBITDA TTM -287.0m / Interest Expense TTM 31.8m)
Altman Z'' -1.96
A: -0.01 (Total Current Assets 216.6m - Total Current Liabilities 252.4m) / Total Assets 2.61b
B: -0.08 (Retained Earnings -214.4m / Total Assets 2.61b)
C: -0.20 (EBIT TTM -415.5m / Avg Total Assets 2.09b)
D: -0.25 (Book Value of Equity -232.9m / Total Liabilities 919.6m)
Altman-Z'' = -1.96 = D
Beneish M 1.00
DSRI: 33.23 (Receivables 7.19m/5.29m, Revenue 15.1m/368.8m)
GMI: 1.00 (fallback, negative margins)
AQI: 1.01 (AQ_t 0.60 / AQ_t-1 0.59)
SGI: 0.04 (Revenue 15.1m / 368.8m)
TATA: -0.07 (NI -312.1m - CFO -131.9m) / TA 2.61b)
Beneish M = 22.75 (Cap -4..+1) = D
What is the price of HUT shares?

As of May 24, 2026, the stock is trading at USD 105.26 with a total of 4,398,631 shares traded.
Over the past week, the price has changed by +3.35%, over one month by +31.16%, over three months by +96.00% and over the past year by +520.02%.

Is HUT a buy, sell or hold?

Hut 8 Common Stock has received a consensus analysts rating of 4.60. Therefore, it is recommended to buy HUT.

  • StrongBuy: 9
  • Buy: 6
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the HUT price?
Analysts Target Price 115.8 10%
Hut 8 Common Stock (HUT) - Fundamental Data Overview as of 20 May 2026
P/E Forward = 84.7458
P/S = 40.5793
P/B = 8.0278
Revenue TTM = 15.1m USD
EBIT TTM = -415.5m USD
EBITDA TTM = -287.0m USD
Long Term Debt = 204.8m USD (from longTermDebt, last quarter)
Short Term Debt = 202.8m USD (from shortTermDebt, last quarter)
Debt = 441.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 18.2m
Net Debt = 281.1m USD (calculated: Debt 441.1m - CCE 160.0m)
Enterprise Value = 11.1b USD (10.8b + Debt 441.1m - CCE 160.0m)
Interest Coverage Ratio = -13.05 (Ebit TTM -415.5m / Interest Expense TTM 31.8m)
EV/FCF = -12.47x (Enterprise Value 11.1b / FCF TTM -890.9m)
FCF Yield = -8.02% (FCF TTM -890.9m / Enterprise Value 11.1b)
 FCF Margin = -5.91k% (FCF TTM -890.9m / Revenue TTM 15.1m)
 Net Margin = -2.07k% (Net Income TTM -312.1m / Revenue TTM 15.1m)
 Gross Margin = unknown ((Revenue TTM 15.1m - Cost of Revenue TTM 114.7m) / Revenue TTM)
 Tobins Q-Ratio = 4.26 (Enterprise Value 11.1b / Total Assets 2.61b)
Interest Expense / Debt = 7.22% (Interest Expense 31.8m / Debt 441.1m)
Taxrate = 21.0% (US default 21%)
NOPAT = -328.3m (EBIT -415.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.86 (Total Current Assets 216.6m / Total Current Liabilities 252.4m)
Debt / Equity = 0.32 (Debt 441.1m / totalStockholderEquity, last quarter 1.38b)
 Debt / EBITDA = -0.98 (negative EBITDA) (Net Debt 281.1m / EBITDA -287.0m)
 Debt / FCF = -0.32 (negative FCF - burning cash) (Net Debt 281.1m / FCF TTM -890.9m)
 Total Stockholder Equity = 1.52b (last 4 quarters mean from totalStockholderEquity)
RoA = -14.93% (Net Income -312.1m / Total Assets 2.61b)
RoE = -18.01% (Net Income TTM -312.1m / Total Stockholder Equity 1.73b)
RoCE = -21.44% (EBIT -415.5m / Capital Employed (Equity 1.73b + L.T.Debt 204.8m))
 RoIC = -13.27% (negative operating profit) (NOPAT -328.3m / Invested Capital 2.47b)
 WACC = 19.49% (E(10.8b)/V(11.3b) * Re(20.05%) + D(441.1m)/V(11.3b) * Rd(7.22%) * (1-Tc(0.21)))
Discount Rate = 20.05% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 77.78 | Cagr: 42.82%
 [DCF] Fair Price = unknown (Cash Flow -890.9m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.05 | # QB: -2
Revenue Correlation: -74.15 | Revenue CAGR: -60.37% | SUE: -0.09 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.32 | Chg30d=+21.97% | Revisions=N/A | Analysts=4
EPS next Quarter (2026-09-30): EPS=-0.41 | Chg30d=+15.04% | Revisions=N/A | Analysts=4
EPS current Year (2026-12-31): EPS=0.59 | Chg30d=+133.46% | Revisions=N/A | GrowthEPS=+128.7% | GrowthRev=+44.3%
EPS next Year (2027-12-31): EPS=-1.86 | Chg30d=+41.46% | Revisions=N/A | GrowthEPS=-414.8% | GrowthRev=+88.0%