Data gathered: May 4
AI Stock Analysis - Hut 8 (HUT)
Analysis generated November 19, 2024. Powered by Chat GPT.
Hut 8 Mining Corp is a prominent player in the cryptocurrency mining industry. Based in Toronto, Ontario, Hut 8 leverages its expertise and state-of-the-art mining equipment to focus on large-scale mining of Bitcoin. The company prides itself on adopting a strategic approach to its mining operations, aiming to maximize profitability while managing operational risks. Being one of the oldest and most established Bitcoin miners, Hut 8 has cultivated a reputation for resilience and innovation in navigating the volatile crypto markets.
Stock Alerts - Hut 8 (HUT)
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Hut 8 | May 1 Price is up by 7.2% in the last 24h. |
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Hut 8 | April 30 Price is down by -7.6% in the last 24h. |
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Hut 8 | April 23 Price is up by 8.5% in the last 24h. |
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Hut 8 | April 22 Price is up by 7.4% in the last 24h. |
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Alternative Data for Hut 8
| Alternative Data | Value | 3m Change | Trend | Benchmark |
|---|---|---|---|---|
| Job Posts | 25 | Sign up | Sign up | Sign up |
| Sentiment | 92 | Sign up | Sign up | Sign up |
| Webpage traffic | 3,000 | Sign up | Sign up | Sign up |
| Google Trends | 31 | Sign up | Sign up | Sign up |
| Patents | N/A | Sign up | Sign up | Sign up |
| 4chan Mentions | N/A | Sign up | Sign up | Sign up |
| Facebook Engagement | N/A | Sign up | Sign up | Sign up |
| Facebook Followers | 1,190 | Sign up | Sign up | Sign up |
| Reddit Mentions | 3 | Sign up | Sign up | Sign up |
| Stocktwits Mentions | 126 | Sign up | Sign up | Sign up |
| Stocktwits Subscribers | 26,636 | Sign up | Sign up | Sign up |
| Twitter Mentions | 68 | Sign up | Sign up | Sign up |
| Youtube Subscribers | 1,390 | Sign up | Sign up | Sign up |
| News Mentions | 1 | Sign up | Sign up | Sign up |
| Customer reviews | N/A | Sign up | Sign up | Sign up |
| Linkedin Employees | 193 | Sign up | Sign up | Sign up |
About Hut 8
Hut 8 Mining Corp. is a cryptocurrency mining and blockchain infrastructure company, which is focused solely on mining bitcoin. It provides investors with direct access to bitcoin, without the technical complexity or constraints of purchasing the underlying cryptocurrency.
| Price | $13.80 |
| Target Price | Sign up |
| Volume | 5,480,000 |
| Market Cap | $1.44B |
| Year Range | $9 - $30.24 |
| Dividend Yield | 0% |
| PE Ratio | 4.06 |
| Analyst Rating | 100% buy |
| Earnings Date | May 8 '25 |
| Industry | Crypto Mining |
In the news
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Hut 8 (TSE:HUT) Raised to Strong-Buy at Maxim GroupMay 2 - ETF Daily News |
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Hut 8 Corp. (NASDAQ:HUT) Given Consensus Recommendation of “Buy” by AnalystsMay 1 - ETF Daily News |
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Hut 8 Corp. (NASDAQ:HUT) Stock Holdings Lifted by Mariner LLCMay 1 - ETF Daily News |
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Wells Fargo & Company MN Increases Stock Holdings in Hut 8 Corp. (NASDAQ:HUT)April 30 - ETF Daily News |
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Legal & General Group Plc Lowers Stock Position in Hut 8 Corp. (NASDAQ:HUT)April 26 - ETF Daily News |
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Research Analysts Offer Predictions for Hut 8 Q1 EarningsApril 25 - ETF Daily News |
Financial performance View All
| Revenue | Cost of Revenue | Gross Profit | Net Income | ebitda | EPS | |
|---|---|---|---|---|---|---|
| Q4 '24 | 340M | 20M | 320M | 152M | 0 | 1.552 |
| Q3 '24 | 42M | 18M | 25M | 650,000 | 20M | 0.007 |
| Q2 '24 | 48M | 44M | 4.2M | -98M | -4.5M | -1.330 |
| Q1 '24 | 70M | 53M | 16M | 350M | 11M | 3.760 |
| Q4 '23 | 53M | 37M | 16M | 14M | -4.4M | 0.190 |
Insider Transactions View All
| Flinn Joseph filed to sell 11,861 shares at $11.7. August 19 '24 |
| Visram Shenif filed to sell 43,959 shares at $13.4. August 2 '24 |
| Visram Shenif filed to sell 30,865 shares at $8.2. May 10 '24 |
| Leverton Jaime filed to sell 269,415 shares at $10.1. January 16 '24 |
Similar companies
| Company | Price | AI Score | |
|---|---|---|---|
 |
Riot BlockchainRIOT |
$8.39 0% | 52 |
 |
Marathon DigitalMARA |
$14.48 0% | 54 |
 |
Argo BlockchainARBK |
$0.43 0% | 55 |
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Iris EnergyIREN |
$6.53 0% | 61 |
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BitdeerBTDR |
$10.97 0% | 64 |
Read more about Hut 8 (HUT) and their ai stock analysis, price prediction, earnings, congress trading, insider transactions, technical analysis, job posts, sentiment, webpage traffic, google trends, patents, 4chan mentions, facebook engagement, facebook followers, reddit mentions, stocktwits mentions, stocktwits subscribers, twitter mentions, youtube subscribers, news mentions, customer reviews & linkedin employees.
What is the Market Cap of Hut 8?
The Market Cap of Hut 8 is $1.44B.
What is Hut 8's PE Ratio?
As of today, Hut 8's PE (Price to Earnings) ratio is 4.06.
When does Hut 8 report earnings?
Hut 8 will report its next earnings on May 8 '25.
What is the current stock price of Hut 8?
Currently, the price of one share of Hut 8 stock is $13.80.
How can I analyze the HUT stock price chart for investment decisions?
The HUT stock price chart above provides a comprehensive visual representation of Hut 8's stock performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Hut 8 shares. Our platform offers an up-to-date HUT stock price chart, along with technical data analysis and alternative data insights.
Does HUT offer dividends to its shareholders?
As of our latest update, Hut 8 (HUT) does not offer dividends to its shareholders. Investors interested in Hut 8 should consider the potential for capital appreciation as the primary return on investment, rather than expecting dividend payouts.
What are some of the similar stocks of Hut 8?
Some of the similar stocks of Hut 8 are Riot Blockchain, Marathon Digital, Argo Blockchain, Iris Energy, and Bitdeer.
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