Hut 8 Corp. (HUT)
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-10-29
$59.40-10.60%
Close 2026-10-30 · 1-day change
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-10-29
Research Workspace
Put HUT beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Investment Banking & Brokerage is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is accelerating — up about 130% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 20%, softest on free-cash-flow margins.
View QualityManagement screens weak on earnings delivery, margins, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 4% on a typical day and fell roughly 54% in its worst 12-month stretch.
View RiskHUT’s sales growth must support a capital-intensive business despite weak performance and unprofitability. Revenue grew 81% year over year, yet Q2 FY2026 earnings missed consensus. HUT trades at 25× sales versus the 2× peer median and 36× its history. Despite that gap, desk expectations look modest relative to its growth view. A 27% next-quarter miss probability and repeated earnings weakness threaten this case. The premium over peers must be earned through sales growth. Peer multiples imply a price about 41% above where it trades; our read remains intact. This read is provisional.
Trailing returns as of 2026-10-30. HUT is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 23 analysts currently covering HUT (as of Oct 2026).
Based on 9 Wall Street analysts offering 12-month price targets for HUT in the last 4 months.
Continue this research
Compare HUT with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Compare now without an account. Saving and monitoring require an account.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| HUT Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 2 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Investment Banking & Brokerage — fair value, gap to price, and forward P/E.
Compare the value case
Put HUT next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Capital allocation via share buyback and debt refinancing
Strengthens capital allocation strategy through improved financing options.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $59.40
The last 12 months of price, then the range of analyst 12-month targets from today’s $59.40.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Power-first development and commercialization of AI data centers
The deal enhances Hut 8's AI data center growth potential.
Settlement news positively impacts Hut 8's valuation narrative.
Advances: Development and financing of River Bend AI data center campus
Supports development of River Bend AI data center campus.
Advances: Power-first development and commercialization of AI data centers
Positive price target indicates growth potential in HPC.
Advances: Power-first development and commercialization of AI data centers
Reiteration of buy suggests confidence in growth.
Advances: Development and financing of River Bend AI data center campus
Closing bond indicates strong financing for AI campus.
Advances: Focus on execution for 2026
CEO's comments on energy costs support operational efficiency.
