(HUT) Hut 8 Common Stock - Ratings and Ratios

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

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

Hut 8 Corp. is a North American company that has established itself as a prominent player in the energy infrastructure and Bitcoin mining sectors, operating through a vertically integrated model. This approach enables the company to oversee and manage various aspects of its operations, from energy production to Bitcoin mining, allowing for greater control and efficiency. The company's operations are divided into four primary segments, including Digital Assets Mining, where it engages in the mining of Bitcoin, a process that involves solving complex mathematical equations to validate transactions on the Bitcoin network.

Beyond its mining activities, Hut 8 Corp. offers a range of managed services designed to support the development and operation of energy infrastructure. These services encompass site design, procurement, and construction management, reflecting the company's capability to handle the initial setup and development of energy infrastructure projects. Additionally, Hut 8 provides software automation, process design, and personnel hiring and training, which are crucial for the efficient operation of these projects. The company also assists with utilities contracts, hosting operations, customer management, energy portfolio optimization, and strategic initiatives, further highlighting its comprehensive approach to supporting clients in the digital asset mining space.

Hut 8 Corp.'s service portfolio extends to include colocation, cloud, and connectivity services, which are essential for businesses and individuals requiring secure and reliable data storage and processing capabilities. The company's hosting services are particularly noteworthy, as they include not only the provision of mining equipment and physical space but also monitoring, troubleshooting, repair, and maintenance of customer mining equipment. This suggests a commitment to providing holistic support to its clients, ensuring that their operations run smoothly and efficiently. Furthermore, Hut 8 engages in equipment sales and repair services, catering to the hardware needs of its clients and reinforcing its position as a one-stop solution for digital asset mining and related services.

Founded in 2017 and headquartered in Miami, Florida, Hut 8 Corp. has rapidly established itself as a significant entity in the North American energy infrastructure and Bitcoin mining landscape. With its web presence at https://hut8.com, the company offers transparency and accessibility to its operations and services. Listed with the ISIN CA44812T1021 and classified as a common stock under the GICS Sub Industry of Financial Exchanges & Data, Hut 8 Corp. is poised to continue its growth trajectory, driven by its diversified service offerings and strategic positioning within the evolving digital asset and energy infrastructure sectors.

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 57.3%
Fundamental 34.1%
Dividend -
Rel. Strength Industry 725
Analysts 4.56/5
Fair Price Momentum 25.70 USD
Fair Price DCF -

HUT Dividends

No Dividends Paid

HUT Growth Ratios

Growth Correlation 3m 52.1%
Growth Correlation 12m 87%
Growth Correlation 5y 17.2%
CAGR 5y 33.54%
CAGR/Mean DD 5y 0.52
Sharpe Ratio 12m 1.76
Alpha 230.14
Beta 2.47
Volatility 110.69%
Current Volume 5966.6k
Average Volume 20d 5481.1k
What is the price of HUT stocks?
As of January 22, 2025, the stock is trading at USD 26.12 with a total of 5,966,551 shares traded.
Over the past week, the price has changed by +9.47%, over one month by +20.65%, over three months by +70.38% and over the past year by +288.69%.
Is Hut 8 Common Stock a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Hut 8 Common Stock is currently (January 2025) 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 January 2025 is 25.70. This means that HUT is currently overvalued and has a potential downside of -1.61%.
Is HUT a buy, sell or hold?
Hut 8 Common Stock has received a consensus analysts rating of 4.56. Therefor, it is recommend to buy HUT.
  • Strong Buy: 5
  • Buy: 4
  • 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 29.6 in January 2026. The stock is currently trading at 26.12. This means that the stock has a potential upside of +13.28%.
Issuer Forecast Upside
Wallstreet Target Price 25 -4.5%
Analysts Target Price 25 -4.5%
ValueRay Target Price 29.6 13.3%