Hut 8 Corp. Toronto S.E.

HUT

US44812J1043

Hut 8 Corp. is a data mining company. The Company provides the infrastructure and solutions in the global technology ecosystem. The Company is engaged in Bitcoin mining and hosting, managed services, energy arbitrage, operating traditional data centers, and utilizing emerging technologies, such as artificial intelligence (AI) and machine learning. It operates computing infrastructure across its sites that mines Bitcoin and delivers cloud, colocation, and high performance computing services to its enterprise customers. Its infrastructure portfolio includes about eleven sites: five high performance computing data centers across British Columbia and Ontario that offer cloud, co-location, AI, machine learning, and visual effects (VFX) rendering computing solutions, and six Bitcoin mining, hosting, and managed services sites located in Alberta, New York, Nebraska, and Texas. The Companyâs infrastructure and networking capabilities support customers complex workloads and computing needs.

Sector

Blockchain & Cryptocurrency

Calendar

2024-05-14 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

8.27 USD

Average target price

12.33 USD

Spread / Average Target

+49.13%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Cryptocurrency Mining

	1st Jan change	Capi.
MARATHON DIGITAL HOLDINGS, INC.	-25.42%	4.66B
CLEANSPARK, INC.	+46.42%	3.59B
PHOENIX GROUP PLC	-5.80%	3.49B
CIPHER MINING INC.	+0.24%	1.14B
BITFARMS LTD.	-34.81%	677M
BITDEER TECHNOLOGIES GROUP	-41.78%	670M
TERAWULF INC.	-8.96%	656M
BITFUFU INC.	-74.24%	468M
APPLIED DIGITAL CORPORATION	-55.04%	363M

Cryptocurrency Mining

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-03 pm EDT			5-day change	1st Jan Change
11.36 ^CAD	+1.43%		-5.49%	-35.75%

Apr. 22	Benchmark Starts Hut 8 Mining With Buy Rating, $12 Price Target	MT
Apr. 16	Hut 8 Mining Down 2.1% In US Premarket As Provides Salt Creek Update; Stock Lost 6% on Monday	MT

Benchmark Starts Hut 8 Mining With Buy Rating, $12 Price Target	Apr. 22	MT
Hut 8 Mining Down 2.1% In US Premarket As Provides Salt Creek Update; Stock Lost 6% on Monday	Apr. 16	MT
Hut 8 Mining Brief: Says Optimizing Self-mining Operations As Miners Come Online at Salt Creek	Apr. 16	MT
Hut 8 Corp. Optimizes Self-Mining Operations as Miners Come Online at Salt Creek	Apr. 16	CI
Canaccord Genuity Adjusts Hut 8 Mining Price Target to $14 From $17.50, Maintains Buy Rating	Apr. 05	MT
Hut 8 Mining Down In US Pre-Market Trading As Provides Operations Update For March	Apr. 05	MT
Hut 8 Mining Brief: Adds 9,102 Bitcoin on balance sheet positions Hut 8 to invest in growth as the halving approaches	Apr. 05	MT
Hut 8 Mining Brief: Says 25.5 EH/s and 884 MW under management as Hut 8 executes closure of Drumheller site and prepares to energize Salt Creek site	Apr. 05	MT
Hut 8 Mining Brief: With Operations Update for March 2024	Apr. 05	MT
Craig Hallum Adjusts Hut 8 Mining Price Target to $12 From $10, Maintains Hold Rating	Apr. 01	MT
HC Wainwright Raises Hut 8 Mining's Price Target to $9 From $7, Keeps Sell Rating	Mar. 28	MT
Toronto Stocks Rise as Canadian GDP Growth Tops Views in January; Hut 8 Rises on 1st Half Profit, Revenue	Mar. 28	DJ
Correction: Hut 8 Mining Reports Revenue of US$60.6 Million, Net Income of $6.2 Million, For Six Months Ended December 31, 2023	Mar. 28	MT
Correction: -- Hut 8 Mining Brief: Net Income of US$6.2 million and Adjusted EBITDA of $62.3 million for the Six Months Ended December 31, 2023	Mar. 28	MT
Correction: -- Hut 8 Mining Brief: Revenue of US$60.6 million including $12.6 million from Managed Services for the Six Months Ended December 31, 2023	Mar. 28	MT
Hut 8 Corp. Reports Earnings Results for the Second Half Year Ended December 31, 2023	Mar. 28	CI
Hut 8 Mining Reports Revenue of $60.6 Million, Net Income of $6.2 Million, For Six Months Ended December 31, 2023	Mar. 28	MT
Hut 8 Mining Brief: 9,195 self-mined Bitcoin on balance sheet as of December 31, 2023 for the Six Months Ended December 31, 2023	Mar. 28	MT
Hut 8 Mining Brief: Net Income of $6.2 million and Adjusted EBITDA of $62.3 million for the Six Months Ended December 31, 2023	Mar. 28	MT
Hut 8 Mining Brief: Revenue of $60.6 million including $12.6 million from Managed Services for the Six Months Ended December 31, 2023	Mar. 28	MT
Hut 8 Corp. Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 28	CI
North American Morning Briefing : Stocks Set for -2-	Mar. 28	DJ
North American Morning Briefing : Stocks Set for Tepid Start as Inflation Data Eyed	Mar. 28	DJ
Needham Starts Hut 8 Mining With Buy Rating, $12 Price Target	Mar. 18	MT
Hut 8 Shutters Drumheller Site in Alberta, Canada	Mar. 06	MT

Hut 8 Corp. Toronto S.E.

Equities

HUT