Hut 8 Corp./HUT

$8.36

-6.61%
-
1D1W1MYTD1YMAX

About Hut 8 Corp.

Hut 8 Corp. is a data mining company. The Company provides the infrastructure and solutions in the global technology ecosystem. The Company is engaged in Bitcoin mining and hosting, managed services, energy arbitrage, operating traditional data centers, and utilizing emerging technologies, such as artificial intelligence (AI) and machine learning. It operates computing infrastructure across its sites that mines Bitcoin and delivers cloud, colocation, and high performance computing services to its enterprise customers. Its infrastructure portfolio includes about eleven sites: five high performance computing data centers across British Columbia and Ontario that offer cloud, co-location, AI, machine learning, and visual effects (VFX) rendering computing solutions, and six Bitcoin mining, hosting, and managed services sites located in Alberta, New York, Nebraska, and Texas. The Company’s infrastructure and networking capabilities support customers complex workloads and computing needs.

Ticker

HUT

Sector

Technology

Trading on

NASDAQ

Industry

Computer Services

CEO

Asher Genoot

Employees

98

Headquarters

Miami, United States

Website

-

Hut 8 Corp. Metrics

BasicAdvanced
$1.08B
Market cap
-
P/E ratio
-$0.74
EPS
3.41
Beta
-
Dividend rate

What the Analysts think about Hut 8 Corp.

Analyst Ratings

Majority rating from 4 analysts.
Buy

Price Targets

Average projection from 4 analysts.
22.85% upside
High $17.50
Low $5.16
$8.36
Current price
$10.27
Average price target

Hut 8 Corp. Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-316.56% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
CA$16.9M
-11.52%
Net income
CA$-53.5M
220.36%
Profit margin
-316.56%
262.07%

Hut 8 Corp. Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 278.95%
QuarterlyAnnual
Q4 22
Q1 23
Q2 23
Q3 23
Q4 23
Actual
-CA$4.50
CA$2.35
-CA$0.40
-CA$1.20
-
Expected
-CA$0.70
-CA$0.77
-CA$0.38
-CA$0.32
-CA$0.19
Surprise
542.86%
-406.52%
4.35%
278.95%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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