Hut 8 HUT
United StatesFinancial Services · Capital MarketsUSD
156.05 USD (+74.7%)
22 analysts
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Hut 8 Corp. is a cryptocurrency mining company that operates data centers and uses its computing capacity to generate digital assets, primarily Bitcoin, and offers digital infrastructure services.
Key points
from its scores- ✓Strong growth10.0
- ✓Good share-price trend9.8
- ✕Unfavourable risk and backdrop0.0
- ✕Fragile balance sheet0.5
- ✕Little competitive advantage0.8
AI analysis
bottom line, main risk, context and newsUntil it demonstrates sustainable improvement in profitability and stronger balance sheet management.
Hut 8 Corp. shows very strong revenue growth (81.40%), but its profitability is deeply negative (ROE of -43.37% and operating margin of -275.40%), indicating a business model that has not yet proven sustainable. Momentum is very positive (126.30%), but financial health and quality are very weak, suggesting a high-risk profile.
The main risk for Hut 8 Corp. is the extreme volatility of cryptocurrency prices, which can cause its revenue and profitability to fluctuate dramatically, questioning the long-term viability of its business model.
Context and risks
Hut 8 Corp. operates in the cryptocurrency mining sector, a business with high exposure to the volatility of digital asset prices and to the evolving regulatory landscape in the United States. Although the country offers a stable institutional framework, the company's activity is subject to increasing regulatory scrutiny and uncertainty about the tax and legal treatment of cryptocurrencies, adding a specific governance and business model risk.
Is Hut 8 stock cheap or expensive?
at the analysis dateOn Price / book, it trades 312% above the Financial Services median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| Price / book | 7.6 | 1.9 | +312% |
| Price / sales | 34.6 | 3.5 | +903% |
Sector: median of the 351 Financial Services companies analysed. In bold, the multiples used for the comparison.
Average analyst target: 156.05 USD, +74.7% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 0.8 (sector 8.8), Growth 10.0 (sector 6.9).
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Financial Services medianValuation
- Forward P/E
- −16.8
- EV / EBITDA
- −23.8
- Price / book
- 7.6
- Price / sales
- 34.6
- Market cap
- 11.0B USD
- Enterprise value
- 18.8B USD
Profitability
- ROE
- −43.4%
- ROA
- −9.7%
- ROIC (approx.)
- −9.6%
- Gross margin
- 62.3%
- Operating margin
- −275.4%
- Net margin
- −188.6%
- Free cash flow
- −7.7B USD
- FCF yield
- −70.3%
Solvency
- Total debt
- 7.7B USD
- Net debt
- 7.4B USD
- Cash
- 233.6M USD
- EBITDA
- −789.3M USD
- Net debt / EBITDA
- −9.42
- Debt / equity
- 437.21
- Current ratio
- 19.35
- Quick ratio
- 0.67
Growth
- Revenue growth
- +81.4%
- EPS (TTM)
- −5.42 USD
- EPS (forward)
- −5.32 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 5.92
- Analyst consensus
- Strong buy (22)
- Target price
- 156.05 USD
- 52-week range
- 31.67 – 140.80
Recent news
All HUT news →Compare it with its sector
All 351 in Financial Services →Frequently asked questions about Hut 8
Is Hut 8 stock cheap or expensive?
On Price / book, it trades 312% above the Financial Services median. Average analyst target: 156.05 USD, +74.7% versus the price. A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 0.8 (sector 8.8), Growth 10.0 (sector 6.9). This is not investment advice.
What score does Hut 8 get on MeridIAn Screener?
It scores 2.5 out of 10, rank 2,110 of 2,130 (better than 1% of the companies analysed). Its strongest category is Growth (10.0) and its weakest, Risk & Context (0.0). Analysis of 08/10/2026.
How much is Hut 8 worth on the stock market?
Its market capitalisation is 11.0B USD.
Does Hut 8 pay a dividend?
It pays no dividend, or almost none.
How has Hut 8 stock performed over the last year?
It has risen 105.0% over the last year, excluding dividends. Over the last 52 weeks it has traded between 31.67 and 140.80 USD. Past performance does not guarantee future results.
What do analysts think of Hut 8?
22 analysts cover it; their average recommendation is “Strong buy” and their average target is 156.05 USD (+74.7% versus the price). It is an estimate, not market data.