Reading the tape
NASDAQ: HUT
Hut 8 Corp.
Financial Services · Financial - Capital Markets
Market Cap
$8.66B
52w High
$83.18
52w Low
$12.23
P/E
-37.34
Volume
3.02M
Outstanding Shares
110.89M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 511.91%Revenue (TTM): -41.03%FCF (TTM): 3.5%P/E: 0th pct
What changed
The stock rose 511.91% over the last year. Revenue declined 41.03% over the trailing twelve months. Operating margin moved from 115.51% to -136.95%. Free cash flow grew 3.5% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at -136.95%. A decisive move in revenue — currently down 41.03% — would be the clearest signal to resolve the ambiguity.
Company profile
Hut 8 Corp Hut 8 Corp. is a vertically integrated operator of large-scale energy infrastructure and Bitcoin miners.
CEOAsher Kevin Genoot
SectorFinancial Services
IndustryFinancial - Capital Markets
Employees222
IPO dateMar 8, 2018
Valuation
Forward P/E—
EV/EBITDA51.26
Enterprise value$5.22B
Price / Book6.09
Stock splits
Dec 4, 2023↓ Reverse
Every 5 shares became 1
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth-73.96%
Gross margin-19.82%▲95.72%vs FY2024
Operating margin66.48%▼148.29%vs FY2024
ROE-15.9%▼146.80%vs FY2024
Analyst consensus
RatingBuy
Target price$78.50▲0.54%
14
Buy
1
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est -$0.33 · Revenue est $77.3M
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