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USFinancial Services

Hut 8 Corp. Common Stock (HUT)

US · Financial Services · Capital Markets

$90.99+1.30%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$74.9M
Revenue YoY
+81.4%
Net profit
$-150.2M
Profit YoY
-209.4%
EPS
$-0.26
EPS estimate
$-0.50
Net margin
-200.4%

EPS came in at -0.26 against a street estimate of -0.50 — a beat of 48.0%.

Key statistics

Market cap
$11.07B
Forward P/E
138.9
P/B
7.44
Book value
$11.71
EPS (TTM)
$-5.57
52-week high
$140.80
52-week low
$31.67
50-day MA
$93.79
200-day MA
$76.82
Beta
5.98

Analyst view

Analysts rate Hut 8 Corp. Common Stock a strong buy (15 buy, 0 hold, 0 sell out of 15) with an average price target of $161.78.

From the latest earnings call · 2026-08-04

CONFIDENT Hut 8 pivoted from bitcoin mining to AI data center infrastructure. Revenue +81% YoY to $75M; adjusted EBITDA $10.4M. Raised $7.5B investment-grade project financing for two construction-stage campuses with contracted cash flows. Q2 2026 Portfolio deliberately diversified across 5 ISOs to mitigate state-by-state regulatory risk. Behind-meter opportunities tracked separately to avoid inflating headline pipeline. Analysts pressed on execution risk, behind-meter velocity, M&A traction, and regulatory headwinds (Governor Abbott letter). Management responded with granular timelines (Riverbend structural steel underway, substation erection mid-July), emphasis on customer expansions as proof-of-concept, and confidence in PUC alignment. M&A and Phase II financing deferred to near-term announcements. 2026-08-04…

Full summary in the app.

Shareholding

Insiders
8.55%
Institutions
81.47%

Largest institutional holders

FundStake
Huntington National Bank0.00%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
HUT 8 CORP. - Q2 2026 SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Total assets increased dramatically to $9.98 billion (June 30, 2026) from $2.7
2026-08-04
Results announced · Q3 2026
HUT 8 Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Total Revenue Q2 2026: $74.9 million (vs. $41.3 million Q2 2025) - Power: $1.2 million - Digit
2026-08-04
Company announcement · Q3 2026
HUT 8 CORP. - FORM 8-K SUMMARY HEADLINE NUMBERS • Company: Hut 8 Corp., Delaware corporation, trades as HUT on Nasdaq • Filing Date: July 20, 2026 •
2026-07-20
Shareholder vote results · Q2 2026
HUT 8 CORP. - FORM 8-K SUMMARY HEADLINE NUMBERS • Total shares represented at Annual Meeting: 83,316,655 shares (constituting a quorum) • Date of An
2026-06-12
Material agreement · Q2 2026
HUT 8 CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • $4,250 million in Senior Secured Notes issued on June 9, 2026 • 6.129% annual interest rate,
2026-06-10
Quarterly report · Q1 2026
HUT 8 CORP. - Q1 2026 10-Q SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Total assets: $2,609,744 thousand (March 31, 2026) vs $2,753,720 thousand
2026-05-06
Proxy statement · Q2 2026
HUT 8 CORP. — PROXY STATEMENT SUMMARY --- WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Elect eight directors to the board of directors. Board reco
2026-04-28
Annual report FY2025
HUT 8 CORP. - FORM 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Company is a Delaware corporation, incorporated February 2023, trading on Na
2026-02-25

Readable in the app.

Corporate actions

ActionDetailDate
Split1 : 5
effective Dec 4, 2023
2023-12-04

Deals & corporate news

AnnouncementDate
Secured $4.25B financing for 352MW data center construction in Texas
Hut 8 Corp completed a $4.25 billion debt offering through its subsidiary Beacon Point DC LLC on June 9, 2026. The company issued Senior Secured Notes bearing 6.129% annual interest, maturin
2026-06-10
$3.25B Senior Secured Notes offering to finance 245MW data center project
Hut 8 Corp completed a $3.25 billion debt offering of senior secured notes due in 2042, with a 6.192% annual interest rate. The company will use proceeds to finance construction of a 245-meg
2026-05-01
Data center project announced with debt offering to fund construction
This 8-K filing is a regulatory document disclosing that HUT 8 Corp is planning a data center project and a securities offering (likely debt notes). The company is providing illustrative fin
2026-04-27
15-year lease agreement for 245 megawatts IT capacity with Google backstop
Hut 8 Corp announced a major 15-year lease agreement on December 17, 2025, leasing 245 megawatts of IT capacity at its River Bend data center campus in Louisiana to Fluidstack Ltd. This is a
2025-12-17
TransAlta acquires 310-megawatt natural gas power plant portfolio from JV entity
Hut 8 Corp. announced on November 17, 2025 that it has agreed to sell a portfolio of four natural gas-fired power plants in Ontario to TransAlta Corporation. These 310-megawatt plants are ow
2025-11-17

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Data updated 2026-09-18.