Subscribe

Hut 8 Mining Corp. (HUT.TO)

CAD139.35 -0.82 (-0.59%)
CA TSX Financial Services Financial - Capital Markets
Address 1101 Brickell Avenue, Suite 1500 33131
Miami, FL, CA
CEO Asher Kevin Genoot
IPO 2018-03-06
ISIN US44812J1043

Explore sections of this company profile

Also trades on NASDAQ Global Select · HUT (USD) Toronto Stock Exchange · HUT.TO (CAD)
Description

Hut 8 Mining Corp. is a leading digital asset mining enterprise operating throughout North America. The company's core business involves large-scale Bitcoin extraction. Its substantial infrastructure includes the ownership and operation of 38 BlockBoxes in Drumheller, Alberta, complemented by an additional 51 BlockBoxes in Medicine Hat, Alberta. Founded in 2011, Hut 8 Mining maintains its corporate headquarters in Toronto, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
CAD139.35 -0.82 (-0.59%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
718.0K
Beta
6.04
Float Shares
86.36M
Free Float %
77.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.70% -1.54% +52.51% +101.05% +138.53% +120.96% +543.02% +1,081.95% +368.02% +597.35% +597.35%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (16 ratings, all time) Buy
Price Targets & DCF
Current price
139.35
Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
9.67
Safe zone
Piotroski F-Score
2 / 9
Weak
MOAT Score
1 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Financial - Capital Markets: +19.7%
    -64.4% Q1'26: +177.1% (vs Q1'25)
  • EPS growth Financial - Capital Markets: +35.3%
    -164.3% Q1'26: -50.0% (vs Q1'25)
  • FCF margin FCF growth · Financial - Capital Markets: +29.5%
    -49.4% Q1'26: -89.9% (vs Q1'25)
  • EBIT margin Financial - Capital Markets: +33.5%
    -37.1% Q1'26: -105.2% (vs Q1'25)
  • ROIC Financial - Capital Markets: +4.0%
    -4.3% Q1'26: -12.6% (vs Q1'25)
  • Share dilution Financial - Capital Markets: +0.0%
    +7.5% Q1'26: +8.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Capital Markets: -0.30×
    25.20× Q1'26: -3.02× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (3.96) × ERP
WACC = 97% × Ke + 3% × Kd (6.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 139.35
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
9 Rev. Ana.
5 EPS Ana.
Dec 2027
11 Rev. Ana.
8 EPS Ana.
Dec 2028
3 Rev. Ana.
2 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
49.44M
est: 40.31M (+22.7%)
81.99M
est: 38.25M (+114.3%)
40.71M
est: 25.37M (+60.5%)
173.77M
est: 19.02M (+813.8%)
120.72M
est.
81.80M
est: 125.80M (-35.0%)
150.68M
est: 125.80M (+19.8%)
671.72M
est: 169.15M (+297.1%)
239.23M
est: 240.76M (-0.6%)
338.81M
329.75M – 368.57M
+40.7% YoY
629.13M
508.54M – 753.95M
+85.7% YoY
1.16B
1.01B – 1.35B
+84.8% YoY
1.98B
1.71B – 2.29B
+69.9% YoY
2.36B
2.04B – 2.74B
+19.4% YoY
EBITDA
15.77M
est: 9.69M (+62.8%)
30.40M
est: 9.20M (+230.5%)
-2.39M
est: 6.10M (-139.2%)
74.67M
est: 4.57M (+1,533.4%)
29.02M
est.
1.36M
est: 33.57M (-96.0%)
3.57M
est: 33.57M (-89.4%)
531.11M
est: 45.14M (+1,076.5%)
17.65M
est: 64.26M (-72.5%)
90.42M
88.01M – 98.37M
+40.7% YoY
167.91M
135.72M – 201.22M
+85.7% YoY
310.26M
268.60M – 359.88M
+84.8% YoY
527.15M
456.37M – 611.45M
+69.9% YoY
629.54M
545.02M – 730.21M
+19.4% YoY
EBIT
-31.24M
est: 454.4K (-6,975.8%)
-2.66M
est: 431.2K (-716.5%)
-7.14M
est: 286.0K (-2,595.6%)
48.72M
est: 214.4K (+22,623.4%)
1.36M
est.
-13.26M
est: -3.50M (-279.1%)
-90.96M
est: -3.50M (-2,500.6%)
481.70M
est: -4.70M (+10,342.4%)
-88.69M
est: -6.69M (-1,224.9%)
-9.42M
-10.25M – -9.17M
-40.7% YoY
-17.49M
-20.96M – -14.14M
-85.7% YoY
-32.32M
-37.49M – -27.98M
-84.8% YoY
-54.92M
-63.70M – -47.54M
-69.9% YoY
-65.59M
-76.07M – -56.78M
-19.4% YoY
Net Income
-136.77M
est: 27.13M (-604.1%)
2.13M
est: 25.75M (-91.7%)
-19.31M
est: 521.72M (-103.7%)
-40.94M
est: -53.77M (+23.9%)
168.98M
est.
16.45M
est: 194.16M (-91.5%)
-242.81M
est: 194.16M (-225.1%)
331.88M
est: 213.10M (+55.7%)
-230.11M
est: 33.28M (-791.4%)
-136.39M
-402.34M – -114.69M
-509.8% YoY
78.67M
-42.59M – 199.93M
+157.7% YoY
334.12M
-429.48M – 743.66M
+324.7% YoY
-190.16M
-229.70M – -156.97M
-156.9% YoY
-27.90M
-33.71M – -23.03M
+85.3% YoY
SGA
7.76M
est: 8.40M (-7.7%)
4.76M
est: 7.98M (-40.3%)
2.57M
est: 5.29M (-51.5%)
29.57M
est: 3.96M (+645.8%)
25.17M
est.
34.43M
est: 36.69M (-6.2%)
42.16M
est: 36.69M (+14.9%)
72.92M
est: 49.33M (+47.8%)
114.58M
est: 70.22M (+63.2%)
98.82M
96.18M – 107.50M
+40.7% YoY
183.50M
148.33M – 219.90M
+85.7% YoY
339.07M
293.55M – 393.29M
+84.8% YoY
576.09M
498.75M – 668.22M
+69.9% YoY
687.99M
595.62M – 798.01M
+19.4% YoY
EPS
-8.11
est: 0.28 (-3,027.7%)
0.12
est: 0.26 (-54.4%)
1.01
est: 5.33 (-81.0%)
-1.53
est: -0.55 (-178.7%)
1.69
est.
0.32
est: 1.81 (-82.4%)
-6.47
est: 1.81 (-456.8%)
3.48
est: 1.99 (+74.9%)
-2.18
est: 0.31 (-801.5%)
-2.58
-3.82 – -1.09
-928.8% YoY
0.89
-0.40 – 1.90
+134.7% YoY
1.49
-4.08 – 7.06
+67.0% YoY
-1.81
-2.18 – -1.49
-221.1% YoY
-0.26
-0.32 – -0.22
+85.3% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-07 Needham Buy Buy Maintain
2026-05-06 BTIG Buy Buy Maintain
2026-04-24 BTIG Buy Buy Maintain
2026-04-21 Piper Sandler Overweight Overweight Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-05-06 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-05-05 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-05-04 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-05-01 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-15 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-379.19M
OE per share TTM
-3.39
Owner's Yield
-2.47%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
103.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-399.5K
Shares Outstanding
110.89M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Asher Kevin Genoot Co-Founder, CEO & Non-Independent Director 2M male
Michael Co-Founder, Chief Strategy Officer & Non-Independent Director 2M male
Sean Glennan Chief Financial Officer 2M male
Victor Semah Chief Legal Officer & Corporate Secretary 1M male
Matthew Saxon Chief People Officer male
Suzanne Ennis Head of Investor Relations female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits