HUT 📈 Hut 8 Common Stock - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: CA44812T1021

HUT: Bitcoin, Mining, Energy, Hosting, Colocation, Cloud

Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing ' Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services for digital asset mining site owners, governments, and data center developers. In addition, the company provides colocation, cloud, and connectivity services; hosting services, which include the provision of mining equipment and space, as well as monitors, troubleshoots, repairs, and maintains customer mining equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida. Web URL: https://hut8.com

Additional Sources for HUT Stock

HUT Stock Overview

Market Cap in USD 2,228m
Sector Financial Services
Industry Capital Markets
GiC Sub-Industry Financial Exchanges & Data
IPO / Inception 2018-03-08

HUT Stock Ratings

Growth 5y 53.3%
Fundamental 34.1%
Dividend -
Rel. Strength Industry 188
Analysts 4.5/5
Fair Price Momentum 24.77 USD
Fair Price DCF -

HUT Dividends

No Dividends Paid

HUT Growth Ratios

Growth Correlation 3m 91.5%
Growth Correlation 12m 71.2%
Growth Correlation 5y 19.7%
CAGR 5y 42.95%
CAGR/Mean DD 5y 0.67
Sharpe Ratio 12m 0.93
Alpha 1.63
Beta 2.49
Volatility 105.64%
Current Volume 7353.3k
Average Volume 20d 8428.6k
What is the price of HUT stocks?
As of December 22, 2024, the stock is trading at USD 23.68 with a total of 7,353,298 shares traded.
Over the past week, the price has changed by -13.36%, over one month by -3.19%, over three months by +112.00% and over the past year by +94.90%.
Is Hut 8 Common Stock a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Hut 8 Common Stock is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 34.08 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HUT as of December 2024 is 24.77. This means that HUT is currently overvalued and has a potential downside of 4.6%.
Is HUT a buy, sell or hold?
Hut 8 Common Stock has received a consensus analysts rating of 4.50. Therefor, it is recommend to buy HUT.
  • Strong Buy: 3
  • Buy: 3
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0
What are the forecast for HUT stock price target?
According to ValueRays Forecast Model, HUT Hut 8 Common Stock will be worth about 28.5 in December 2025. The stock is currently trading at 23.68. This means that the stock has a potential upside of +20.27%.
Issuer Forecast Upside
Wallstreet Target Price 25 5.4%
Analysts Target Price 3.1 -87.1%
ValueRay Target Price 28.5 20.3%