Stocks · Financial Services · Financial - Capital Markets
Hut 8 Corp. HUT
$89.63 +3.79% Close, Oct 2, 2026 · NASDAQ · Market cap $10.09B
Strong trendExpensive vs sectorHigh risk
Next earnings report: Nov 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $-5.72, down 503.8% year over year.
- Operating margin narrowed to -170.2% from 71.8% a year earlier.
- Over the past year the stock returned +145.4%, ahead of the S&P 500 by 130.3 percentage points.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 3%
- EPS growth (TTM, YoY)Bottom 2%
- Revenue growth, 3-year CAGRTop 5%
- Revenue growth accelerationBottom 22%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 9%
- Gross marginBottom 42%
- Operating marginBottom 3%
- Accruals (lower is better)Top 14%
- Interest coverBottom 5%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 7%
- Free-cash-flow yieldBottom 8%
- EBITDA / enterprise valueBottom 5%
- Sales / enterprise valueBottom 4%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 1%
- 6-month returnTop 1%
- 1-year return vs S&P 500Top 1%
- Distance from 52-week highBottom 12%
- Trend checklist (0–4)Top 48%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 3%
- Consecutive EPS beatsBottom 17%
- Share of analysts rating BuyTop 5%
- Upside to consensus price targetTop 5%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 2%
- Maximum drawdown, 3 yearsBottom 9%
- Beta vs S&P 500 (lower is better)Bottom 3%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -22.9% | -28.8% | ↓ |
| Gross margin | 82.5% | 62.3% | ↓ |
| Operating margin | 71.8% | -170.2% | ↓ |
| FCF margin | -104.2% | -391.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -28.8% | -22.9% | ↓ | Bottom 3% |
| EPS growth (TTM, YoY) | -503.8% | — | Bottom 2% | |
| Gross margin | 62.3% | 82.5% | ↓ | Bottom 42% |
| Operating margin | -170.2% | 71.8% | ↓ | Bottom 3% |
| Net margin | -212.4% | 35.0% | ↓ | — |
| Free-cash-flow margin | -391.3% | -104.2% | ↓ | — |
| Return on invested capital | -3.2% | — | Bottom 9% | |
| Revenue growth, 3-year CAGR | 53.1% | — | Top 5% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 46.7%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +38.0 pp
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -7.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -7.08%
- Shareholder yield
- -7.08%
- Share count change, 1 year
- -0.4%
- Share count change, 3-year CAGR
- +40.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- -100.0%
- Average 2-day reaction, last 8
- +1.8%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $160.54
- Target vs current price
- +79.1%
- Analysts with a rating
- 16
- Share rating Buy or Strong Buy
- 94%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | -130.9% | -9.7% | -23.6% | -29.8% | — |
| May 6, 2026 | -498.6% | +35.3% | +33.3% | +63.1% | +33.7% |
| Feb 25, 2026 | -1516.7% | -6.6% | -19.6% | -10.0% | +63.1% |
| Nov 4, 2025 | +368.7% | -12.5% | -14.2% | -31.5% | +1.5% |
| Aug 7, 2025 | +886.7% | -3.2% | +8.1% | +23.8% | +134.8% |
| May 8, 2025 | -983.3% | +11.9% | +27.4% | +28.9% | +67.4% |
| Mar 3, 2025 | +933.3% | -4.5% | -8.4% | -20.5% | +14.6% |
| Nov 13, 2024 | +103.7% | +3.9% | +6.1% | +11.9% | -15.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | -$1.27 | -$0.55 | -130.9% | $74.9M |
| May 6, 2026 | -$1.98 | -$0.33 | -498.6% | $71.0M |
| Feb 25, 2026 | -$2.43 | -$0.15 | -1516.7% | $88.5M |
| Nov 4, 2025 | $0.43 | -$0.16 | +368.7% | $83.5M |
| Aug 7, 2025 | $1.18 | -$0.15 | +886.7% | $41.3M |
| May 8, 2025 | -$1.30 | -$0.12 | -983.3% | $21.8M |
| Mar 3, 2025 | $1.50 | -$0.18 | +933.3% | $31.7M |
| Nov 13, 2024 | $0.01 | -$0.28 | +103.7% | $43.7M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / Sales | 33.78× | — | — | Bottom 4% |
| Free-cash-flow yield | -12.33% | — | — | Bottom 8% |
| Earnings yield | -6.38% | — | — | Bottom 7% |
P/E over the past five years
Range 3.2× – 58.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +145.4%
- Earnings per share growth (TTM)
- -503.8%
- Change in P/E multiple
- +379.8%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 321
- 50-day average slope (20 days)
- -4.6%
- 200-day average slope (20 days)
- +7.2%
- Distance from 50-day average
- -2.5%
- Distance from 200-day average
- +11.7%
- RSI (14)
- 46.9
- Relative volume
- 1.01×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 100.8%
- Volatility vs own 5-year history
- 42th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.47
- Correlation with S&P 500
- 0.43
- Current drawdown from 1-year high
- -32.6%
- Maximum drawdown, 3 years
- -65.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 8, 2021 | Dec 27, 2022 | -95.0% | 285 days | 831 days (Apr 22, 2026) |
| Feb 22, 2021 | Jun 22, 2021 | -65.7% | 84 days | 52 days (Sep 3, 2021) |
| Jan 8, 2021 | Jan 27, 2021 | -45.5% | 12 days | 9 days (Feb 9, 2021) |
| Jun 2, 2026 | Sep 1, 2026 | -41.7% | 63 days | Not yet recovered |
| Sep 3, 2021 | Sep 21, 2021 | -27.7% | 11 days | 14 days (Oct 11, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $10.09B
- EPS, diluted (TTM)
- -$5.72
- Revenue (TTM)
- $318.0M
- 52-week range
- $31.67 – $140.80
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $79.2M | $65.5M | $72.3M | $162.4M | $235.1M |
| Gross profit | $53.4M | $32.9M | $31.5M | $75.7M | $127.3M |
| Operating income | -$25.5M | -$51.9M | $7.1M | $460.5M | -$220.0M |
| Net income | -$31.8M | -$49.5M | $16.5M | $331.9M | -$248.0M |
| EPS (diluted) | -$1.53 | -$4.97 | $0.44 | $3.40 | -$2.14 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $43.7M | $339.9M | $21.8M | $41.3M | $160.1M | $11.9M | $71.0M | $74.9M |
| Net income | $647,000 | $152.2M | -$133.9M | $137.3M | $50.1M | -$301.5M | -$219.8M | -$204.1M |
| EPS (diluted) | $0.01 | $1.53 | -$1.30 | $1.18 | $0.43 | -$2.45 | -$1.98 | -$1.72 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$80.2M | -$79.3M | -$26.5M | -$68.5M | -$139.2M |
| Capital expenditure | -$86.4M | -$54.9M | -$815,210 | -$264.6M | -$648.1M |
| Free cash flow | -$166.7M | -$134.2M | -$27.3M | -$333.1M | -$787.3M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $447.5M | $95.9M | $16,000 | $162.5M | $757.7M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $7.02B
- Total assets
- $9.98B
- Total liabilities
- $8.22B
- Total debt
- $7.67B
- Net debt
- $648.1M
- Shareholders’ equity
- $1.44B
As of Jun 30, 2026 (filed Aug 4, 2026).
Short interest
- Shares sold short
- 16,673,146
- Days to cover
- 3.68
- Change vs previous report
- +12.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Dec 4, 2023
- 1-for-5