Hut 8 Corp. Toronto S.E.

HUT

US44812J1043

Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments: Digital Assets Mining, Managed Services, High Performance Computing-Colocation and Cloud, and Other. Its infrastructure portfolio includes about eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario. Its Managed Services business provides institutional partners such as digital asset mining site owners, governments, and data center developers an end-to-end partnership model for energy infrastructure development.

Sector

Blockchain & Cryptocurrency

Calendar

21/06/2024 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

9.7 USD

Average target price

12.25 USD

Spread / Average Target

+26.29%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Cryptocurrency Mining

	1st Jan change	Capi.
MARATHON DIGITAL HOLDINGS, INC.	-9.11%	582.76Cr
CLEANSPARK, INC.	+67.00%	419.74Cr
PHOENIX GROUP PLC	-21.43%	319.48Cr
RIOT PLATFORMS, INC.	-31.42%	306.4Cr
BITDEER TECHNOLOGIES GROUP	-40.06%	70Cr
TERAWULF INC.	-15.00%	68Cr
BITFARMS LTD.	-33.77%	70Cr
APPLIED DIGITAL CORPORATION	-34.42%	59Cr
BITFUFU INC.	-66.09%	60Cr

Cryptocurrency Mining

Market Closed - Toronto S.E. Other stock markets 01:30:00 22/05/2024 am IST			5-day change	1st Jan Change
13.22 ^CAD	+6.18%		+24.13%	-25.23%

16/05	Craig-Hallum Upgrades Hut 8 Mining to Buy From Hold With $12 Price Target	MT
16/05	Needham Adjusts Price Target on Hut 8 Mining to $13 From $12, Keeps Buy Rating	MT

Craig-Hallum Upgrades Hut 8 Mining to Buy From Hold With $12 Price Target	16/05	MT
Needham Adjusts Price Target on Hut 8 Mining to $13 From $12, Keeps Buy Rating	16/05	MT
Hut 8 Jumps 9.6% as it Posts Surge in Q1 Net Income and Revenue	15/05	MT
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Wednesday Ahead of Key Inflation, Retail Data	15/05	MT
Hut 8 Posts Surge in Q1 Net Income and Revenue	15/05	MT
Hut 8 Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	15/05	CI
Hut 8 Mining Brief: Says 9,102 self-mined Bitcoin on balance sheet as of March 31, 2024	15/05	MT
Hut 8 Mining Brief: Q1 Revenue of US$51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million	15/05	MT
North American Morning Briefing : Traders Brace -2-	15/05	DJ
Hut 8 Provides April Operations Update; Shares Rise	06/05	MT
Hut 8 Mining Provides Operations Update for April	06/05	MT
Hut 8 Mining Brief: Citing 26.6 EH/s and 1.2 GW under management; Says Salt Creek site "Fully Energized" and Cedarvale site "Partially energized"	06/05	MT
Hut 8 Mining Brief: With Operations Update for April 2024	06/05	MT
Benchmark Starts Hut 8 Mining With Buy Rating, $12 Price Target	22/04	MT
Hut 8 Mining Down 2.1% In US Premarket As Provides Salt Creek Update; Stock Lost 6% on Monday	16/04	MT
Hut 8 Mining Brief: Says Optimizing Self-mining Operations As Miners Come Online at Salt Creek	16/04	MT
Hut 8 Corp. Optimizes Self-Mining Operations as Miners Come Online at Salt Creek	16/04	CI
Canaccord Genuity Adjusts Hut 8 Mining Price Target to $14 From $17.50, Maintains Buy Rating	05/04	MT
Hut 8 Mining Down In US Pre-Market Trading As Provides Operations Update For March	05/04	MT
Hut 8 Mining Brief: Adds 9,102 Bitcoin on balance sheet positions Hut 8 to invest in growth as the halving approaches	05/04	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	05/04	MT
Hut 8 Mining Brief: With Operations Update for March 2024	05/04	MT
Craig Hallum Adjusts Hut 8 Mining Price Target to $12 From $10, Maintains Hold Rating	01/04	MT
HC Wainwright Raises Hut 8 Mining's Price Target to $9 From $7, Keeps Sell Rating	28/03	MT
Toronto Stocks Rise as Canadian GDP Growth Tops Views in January; Hut 8 Rises on 1st Half Profit, Revenue	28/03	DJ

Hut 8 Corp. Toronto S.E.

Equities

HUT