HUT Stock Analysis: Hut 8 Common Stock | NASDAQ
Capital Markets | NASDAQ, USA | Market Cap: 10.937m USD | 12M Return: 356.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 488M
Qual. Beats: 0
Rev. Trend: -64.9%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 8.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Hut 8 Corp. is an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to serve energy-intensive use cases across the United States and Canada. The company operates through four reporting segments: Power, Digital Infrastructure, Compute, and Other. Its business model sits at the intersection of energy management and high-density digital compute, encompassing both Bitcoin mining and AI-oriented cloud workloads.
The companys service offerings span the full lifecycle of energy and compute infrastructure, including site design, procurement, construction management, utilities contracting, and energy portfolio optimization. On the compute side, Hut 8 provides Bitcoin mining, data center and colocation services, as well as traditional cloud, ASIC compute, and AI cloud services. This vertical integration of power generation management with data center operations is a relatively distinctive structure within the digital infrastructure industry, allowing the company to control costs tied to electricity, which is the primary operating expense for compute-intensive businesses.
Hut 8 was founded in 2020 and is headquartered in Miami, Florida. Notably, while the companys operations are centered on energy and digital infrastructure, it is classified under the GICS Financials sector as a Financial Exchanges & Data sub-industry participant, a categorization that reflects how crypto-adjacent businesses have historically been grouped in equity market taxonomy rather than the nature of its underlying operations.
- Bitcoin price volatility drives mining revenue and margins
- AI compute segment scales on hyperscaler GPU demand
- Power costs and capacity expansion pressure capital allocation
| Net Income: -312.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.31 > 0.02 and ΔFCF/TA -5.83 > 1.0 |
| NWC/Revenue: -237.7% < 20% (prev 15.16%; Δ -252.9% < -1%) |
| CFO/TA -0.05 > 3% & CFO -132.6m > 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 (EBIT TTM -415.5m / Interest Expense TTM 31.8m) |
| 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: 1.50 (Book Value of Equity 1.38b / Total Liabilities 919.6m) |
| Altman-Z'' = -0.12 = B |
| DSRI: 3.0 (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 -132.6m) / TA 2.61b) |
| Beneish M = -2.07 (Cap -4..+1) = BB |
As of July 08, 2026, the stock is trading at USD 96.74 with a total of 4,163,218 shares traded. Over the past week, the price has changed by -18.20%, over one month by -19.11%, over three months by +83.71% and over the past year by +356.32%.
Current recommended Stop Loss: 82.10 (which is 15.1% or 1.3 ATR below the current price).
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
| Analysts Target Price | 126.9 | 31.2% |
P/E Forward = 84.7458
P/S = 38.4686
P/B = 8.6324
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 = 11.2b USD (10.9b + Debt 441.1m - CCE 160.0m)
Interest Coverage Ratio = -13.05 (Ebit TTM -415.5m / Interest Expense TTM 31.8m)
EV/FCF = -13.78x (Enterprise Value 11.2b / FCF TTM -814.4m)
FCF Yield = -7.26% (FCF TTM -814.4m / Enterprise Value 11.2b)
FCF Margin = -5.40k% (FCF TTM -814.4m / 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 = 4.30 (Enterprise Value 11.2b / Total Assets 2.61b)
Interest Expense / Debt = 7.22% (Interest Expense 31.8m / Debt 441.1m)
Taxrate = 21.0% (US federal 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 = -0.35 (negative FCF - burning cash) (Net Debt 281.1m / FCF TTM -814.4m)
Total Stockholder Equity = 1.38b (last 4 quarters mean from totalStockholderEquity)
RoA = -14.93% (Net Income -312.1m / Total Assets 2.61b)
RoE = -22.66% (Net Income TTM -312.1m / Total Stockholder Equity 1.38b)
RoCE = -26.26% (EBIT -415.5m / Capital Employed (Equity 1.38b + L.T.Debt 204.8m))
RoIC = -12.83% (negative operating profit) (NOPAT -328.3m / Invested Capital 2.56b)
WACC = 20.07% (E(10.9b)/V(11.4b) * Re(20.65%) + D(441.1m)/V(11.4b) * Rd(7.22%) * (1-Tc(0.21)))
Discount Rate = 20.65% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 77.78 | Cagr: 52.42%
[DCF] Fair Price = unknown (Cash Flow -814.4m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.30 | # QB: 0
Revenue Correlation: -64.87 | Revenue CAGR: -54.33% | SUE: -0.09 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.32 | Chg30d=+0.00% | Revisions=+0% | Analysts=4
EPS next Quarter (2026-09-30): EPS=-0.41 | Chg30d=+0.00% | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=0.59 | Chg30d=N/A | Revisions=+0% | GrowthEPS=+128.7% | GrowthRev=+43.2%
EPS next Year (2027-12-31): EPS=-1.86 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=-414.8% | GrowthRev=+91.8%
[Analyst] Revisions Ratio: +0% (up=0, down=0)