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HUT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
126.651
Open
123.500
VWAP
123.69
Vol
3.95M
Mkt Cap
1.37B
Low
119.580
Amount
488.81M
EV/EBITDA(TTM)
--
Total Shares
--
EV
1.95B
EV/OCF(TTM)
--
P/S(TTM)
12.82
Hut 8 Corp. is an energy infrastructure platform. The Company's segments include Power, Digital Infrastructure, Compute, and Other. The Company's Power segment acquires, develops, and manages critical energy assets such as interconnects, powered land, and other electrical infrastructure to address the load demands of energy-intensive applications such as Bitcoin mining and high-performance computing. Its Power segment consists of power generation and managed services. Its Digital Infrastructure segment consists of CPU Colocation and ASIC Colocation services. The Company's Compute segment consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. The Company, through its subsidiary, American Bitcoin Corp., is focused exclusively on industrial-scale Bitcoin mining and strategic Bitcoin reserve development. The Company's platform spans approximately 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada.
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Events Timeline

(ET)
2026-05-12
06:50:00
Jacobs Awarded EPCM Contract for 1 GW Data Center by Hut 8
select

News

CNBC
8.5
05-27CNBC
Goldman Sachs' Hedge Fund VIP List Includes Micron Technology
  • Hedge Fund Favoritism: Micron Technology has made it to Goldman Sachs' coveted Hedge Fund VIP list, indicating strong interest from professional traders in its data and storage chips, reflecting optimistic market expectations for future growth.
  • Outstanding Market Performance: The VIP basket has risen 10% year-to-date, outperforming the S&P 500's 9% gain, suggesting that hedge fund investment strategies are excelling in the current market environment, thereby boosting investor confidence in Micron.
  • Stock Surge: Micron's shares soared 19% on Tuesday alone, pushing its market value past $1 trillion for the first time, primarily driven by insatiable AI demand for its memory chips, showcasing the company's competitiveness in emerging technologies.
  • Analyst Optimism: UBS has tripled its price target on Micron to $1,625, believing that the market will start to assign a more 'normal' multiple to the stock, indicating that it is likely to continue rising as structural changes driven by AI unfold.
CNBC
6.5
05-18CNBC
Dan Loeb's Third Point Portfolio Adjustments
  • Portfolio Expansion: Third Point made significant additions in Q1, initiating positions in tech and semiconductor firms like ASML, Lam Research, and KLA, reflecting a strong commitment to the AI trade and enhancing its competitive edge in the rapidly evolving tech landscape.
  • Emerging Investments: The hedge fund also disclosed new stakes in the VanEck Semiconductor ETF and aircraft parts supplier TransDigm Group, indicating confidence in the semiconductor sector, particularly amid rising AI-driven market demand.
  • Bitcoin Mining Positioning: Third Point increased its investment in Hut 8, a Miami-based energy infrastructure and bitcoin mining company, whose shares have more than doubled in 2026, highlighting investor interest in AI-related power demand and data center infrastructure opportunities.
  • Position Adjustments: While Third Point reduced its stake in Taiwan Semiconductor by 35%, Amazon remains its largest equity holding, demonstrating confidence in the company's long-term growth potential despite a 10% reduction during the quarter.
seekingalpha
6.0
05-14seekingalpha
Jefferies Initiates Coverage on AI Data Center Developers
  • Positive Market Outlook: Jefferies analysts believe that companies like Cipher Digital, Hut 8, Riot Platforms, and TeraWulf are converting large power footprints originally secured for Bitcoin mining into AI data center capabilities, which is expected to significantly enhance their market competitiveness.
  • Cipher Digital's Strong Position: Jefferies initiated coverage of Cipher Digital with a Buy rating and a $32 price target, anticipating the completion of 384 MW by 2026, with a strong tenant mix supporting its financing capabilities and driving company growth.
  • Hut 8's Development Potential: Hut 8 received a Buy rating and a $156 price target, with analysts noting that its 527 MW of secured capacity provides a solid foundation for future lease signings, and partnerships with IG-rated tenants will enhance its financing capabilities.
  • TeraWulf's Competitive Edge: TeraWulf was rated Buy with a $28 price target, with analysts highlighting its 606 MW of available power and agreements with FluidStack and Core42 as crucial for future lease conversions, while its proximity to major markets enhances its long-term value.
CNBC
6.0
05-14CNBC
Latest Wall Street Rating Updates
  • Nvidia Price Target Raised: UBS raised Nvidia's price target from $245 to $275, anticipating first-quarter revenue around $81 billion, suggesting a $3 billion beat against market expectations, highlighting the company's robust growth potential in the AI sector.
  • Amazon Alexa Shopping Advantage: Bank of America reiterated its buy rating on Amazon, stating that the new Alexa for Shopping will replace Rufus, leveraging personalized recommendations to enhance user experience and further solidify Amazon's leadership in the e-commerce market.
  • Apple Stock Price Target Increase: Evercore raised Apple's price target from $330 to $365, projecting that even with modest iPhone unit growth, the company can achieve low to mid-teens EPS and free cash flow growth due to durable services growth and ASP tailwinds from premium models.
  • Starbucks Price Target Upgraded: TD Cowen raised Starbucks' price target from $106 to $120, citing multiple tangible drivers for positive sales revisions in a strong market backdrop, and forecasting margin recovery as labor investments are prioritized.
CNBC
8.5
05-13CNBC
AI Investment Fuels Surge in Energy Spending
  • Surge in Capital Expenditure: BNP Paribas reports that AI-related capital expenditures are projected to reach $725 billion by 2026, nearly doubling last year's estimate of $365 billion, indicating robust investment demand in the energy sector.
  • Significant Market Impact: The $725 billion spending is comparable to the GDP of some mid-sized European countries and nearly matches JPMorgan's market cap, highlighting the substantial influence of AI investments on the energy market, which could drive stock prices higher for related companies.
  • Optimistic Industry Outlook: UBS anticipates that spending on power generation capacity will reach $511 billion by 2030, while Evercore ISI is even more bullish, forecasting expenditures of $800 billion, reflecting strong demand for energy infrastructure.
  • Diverse Investment Opportunities: Investors should consider energy infrastructure firms like Hut 8, which recently signed a $9.8 billion deal leading to a stock surge, and Fluence Energy, which saw its shares double after securing supply agreements with major tech companies, showcasing the strong demand for energy solutions.
Yahoo Finance
8.5
05-13Yahoo Finance
Jacobs Secures EPCM Contract for Hut 8 AI Data Center
  • Contract Award: Jacobs has secured a contract with energy infrastructure company Hut 8 to provide engineering, procurement, and construction management (EPCM) services for a new AI data center in Texas, marking a significant expansion in the AI infrastructure sector.
  • Project Scale: The new data center, named Beacon Point, is located in Nueces County and is structured for phased delivery, aiming for a total capacity of up to 1GW, reflecting Hut 8's anticipated growth in demand for high-performance computing services.
  • Technology Implementation: Jacobs will incorporate digital twin technology to simulate and manage the facility's critical systems, supporting the early commissioning process and enhancing operational readiness for AI workloads, ensuring efficient project delivery.
  • Ongoing Collaboration: Jacobs' continued involvement with Hut 8 highlights its broader participation in infrastructure projects for technology providers in data centers, semiconductors, and advanced manufacturing, further solidifying its market position.
Wall Street analysts forecast HUT stock price to rise
13 Analyst Rating
Wall Street analysts forecast HUT stock price to rise
13 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
17.50
Averages
24.54
High
33.00
Current: 0.000
sliders
Low
17.50
Averages
24.54
High
33.00
Jefferies
NULL
to
Buy
initiated
$156
AI Analysis
2026-05-14
Reason
Jefferies
Price Target
$156
AI Analysis
2026-05-14
initiated
NULL
to
Buy
Reason
As previously reported, Jefferies initiated coverage of Hut 8 with a Buy rating and $156 price target as the firm started coverage of four AI data center developers all with legacy Bitcoin mining roots. AI data center demand remains strong, with power availability the "binding constraint," says the analyst, who adds that tenant credit quality, location durability, and development execution will be the differentiating factors among this group. The Fluidstack lease had among the best economics seen by these developers and the company has the largest development pipeline in the firm's coverage, the analyst tells investors.
Jefferies
Buy
initiated
$156
2026-05-14
Reason
Jefferies
Price Target
$156
2026-05-14
initiated
Buy
Reason
Jefferies initiated coverage of Hut 8 with a Buy rating and $156 price target.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for HUT
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Valuation Metrics

The current forward P/E ratio for Hut 8 Corp (HUT.O) is 130.13, compared to its 5-year average forward P/E of -7.25. For a more detailed relative valuation and DCF analysis to assess Hut 8 Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-7.25
Current PE
130.13
Overvalued PE
157.77
Undervalued PE
-172.27

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
13.93
Current EV/EBITDA
14.74
Overvalued EV/EBITDA
21.80
Undervalued EV/EBITDA
6.06

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
6.35
Current PS
4.82
Overvalued PS
8.48
Undervalued PS
4.23

Financials

AI Analysis
Annual
Quarterly

Whales Holding HUT

S
Situational Awareness LP
Holding
HUT
+49.62%
3M Return
V
Value Aligned Research Advisors, LLC
Holding
HUT
+42.44%
3M Return
H
HANSAINVEST Hanseatische Investment-GmbH
Holding
HUT
+34.11%
3M Return
B
BIT Capital GmbH
Holding
HUT
+30.38%
3M Return
J
Jane Street Group, LLC
Holding
HUT
+25.31%
3M Return
H
Hood River Capital Management LLC
Holding
HUT
+24.71%
3M Return

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Frequently Asked Questions

What is Hut 8 Corp (HUT) stock price today?

The current price of HUT is 124.83 USD — it has increased 0.47

What is Hut 8 Corp (HUT)'s business?

Hut 8 Corp. is an energy infrastructure platform. The Company's segments include Power, Digital Infrastructure, Compute, and Other. The Company's Power segment acquires, develops, and manages critical energy assets such as interconnects, powered land, and other electrical infrastructure to address the load demands of energy-intensive applications such as Bitcoin mining and high-performance computing. Its Power segment consists of power generation and managed services. Its Digital Infrastructure segment consists of CPU Colocation and ASIC Colocation services. The Company's Compute segment consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. The Company, through its subsidiary, American Bitcoin Corp., is focused exclusively on industrial-scale Bitcoin mining and strategic Bitcoin reserve development. The Company's platform spans approximately 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada.

What is the price predicton of HUT Stock?

Wall Street analysts forecast HUT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HUT is24.54 USD with a low forecast of 17.50 USD and a high forecast of 33.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Hut 8 Corp (HUT)'s revenue for the last quarter?

Hut 8 Corp revenue for the last quarter amounts to 21.82M USD, decreased -57.84

What is Hut 8 Corp (HUT)'s earnings per share (EPS) for the last quarter?

Hut 8 Corp. EPS for the last quarter amounts to -1.30 USD, decreased -148.51

How many employees does Hut 8 Corp (HUT). have?

Hut 8 Corp (HUT) has 222 emplpoyees as of May 30 2026.

What is Hut 8 Corp (HUT) market cap?

Today HUT has the market capitalization of 1.37B USD.