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Hut 8 Corp. (HUT)

Financial Services | Capital Markets | Miami, United States | NasdaqGS
74.90 USD +3.98 (5.612%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 74.94 +0.04 (0.053%) ⇧ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:26 p.m. EDT

HUT demonstrates a classic high-beta momentum setup where traders are heavily positioned for a breakout above $75, evidenced by the massive call volume at the ATM wall and deep LEAPS calls betting on massive re-rating. However, given the company's negative earnings, high leverage (beta 5.7), and recent news of a $248M loss, this high profile ('hotness') creates a dangerous 'bull trap' risk; the options flow is overly optimistic relative to the deteriorating fundamental cash flows.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.107379
AutoARIMA0.108843
MSTL0.137644
AutoTheta0.168619

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 57%
H-stat 2.65
Ljung-Box p 0.006
Jarque-Bera p 0.984
Excess Kurtosis -0.11
Attribute Value
Sector Financial Services
Debt to Equity Ratio 25.412
Revenue per Share 2.232
Market Cap 8,305,457,664
Forward P/E -23.60
Beta 5.71
Profit Margins -96.19%
Website https://www.hut8.com

As of April 18, 2026, 11:26 p.m. EDT: Call speculators have established a dense 'OI wall' at the $70-75 ATM strikes across near-term expirations, suggesting strong buying pressure or aggressive hedging at current levels. Notably, deep out-of-the-money LEAPS calls ($100 strike) show significant volume relative to open interest, implying asymmetric long exposure to a high-volatility crypto bull market. However, the options market highlights extreme Implied Volatility (IV) at deep OTM strikes, indicating a high risk of speculative blow-offs. Put positioning is concentrated at lower strikes ($35-60) with significant open interest at $60, acting as a defense against a downside correction. The spread between high ATM call volume and OTM put protection suggests a 'long and upside hedge' strategy.


Info Dump

Attribute Value
52 Week Change 6.0394735
Address1 1,101 Brickell Avenue
Address2 Suite N-1500
All Time High 82.85
All Time Low 1.845
Ask 75.16
Ask Size 22
Audit Risk 10
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 5,716,040
Average Daily Volume3 Month 4,967,674
Average Volume 4,967,674
Average Volume10Days 5,716,040
Beta 5.712
Bid 74.67
Bid Size 17
Board Risk 3
Book Value 12.916
City Miami
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 74.9
Current Ratio 1.087
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 76.08
Day Low 72.08
Debt To Equity 25.412
Display Name Hut 8
Dividend Date 1,520,294,400
Earnings Call Timestamp End 1,778,070,600
Earnings Call Timestamp Start 1,778,070,600
Earnings Timestamp 1,778,070,600
Earnings Timestamp End 1,778,070,600
Earnings Timestamp Start 1,778,070,600
Ebitda -214,000,000
Ebitda Margins -0.91018
Enterprise To Ebitda -41.857
Enterprise To Revenue 38.098
Enterprise Value 8,957,419,520
Eps Current Year -1.76333
Eps Forward -3.17333
Eps Trailing Twelve Months -2.14
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 54.0895
Fifty Day Average Change 20.810501
Fifty Day Average Change Percent 0.38474196
Fifty Two Week Change Percent 603.9473
Fifty Two Week High 76.08
Fifty Two Week High Change -1.1800003
Fifty Two Week High Change Percent -0.015509993
Fifty Two Week Low 10.61
Fifty Two Week Low Change 64.29
Fifty Two Week Low Change Percent 6.059378
Fifty Two Week Range 10.61 - 76.08
Financial Currency USD
First Trade Date Milliseconds 1,520,519,400,000
Float Shares 84,683,510
Forward Eps -3.17333
Forward P E -23.602966
Free Cashflow -371,573,760
Full Exchange Name NasdaqGS
Full Time Employees 248
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.54162
Gross Profits 127,344,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0963
Held Percent Institutions 0.77833
Implied Shares Outstanding 110,887,284
Industry Capital Markets
Industry Disp Capital Markets
Industry Key capital-markets
Ipo Expected Date 2,023-12-04
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,701,648,000
Last Split Factor 1:5
Long Business Summary Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services. It also engages in the operation of compute infrastructure; and provision, hosting, monitoring, troubleshooting, repair, maintenance, and sale of mining equipment. In addition, the company offers Bitcoin mining; data center and cloud infrastructure services, including colocation services; and ASIC compute, traditional cloud, and AI cloud services. Hut 8 Corp. was founded in 2020 and is based in Miami, Florida.
Long Name Hut 8 Corp.
Market us_market
Market Cap 8,305,457,664
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1681582210
Most Recent Quarter 1,767,139,200
Net Income To Common -225,436,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 8,309,893,062
Number Of Analyst Opinions 16
Open 73.52
Operating Cashflow -139,226,000
Operating Margins -4.97744
Overall Risk 5
Payout Ratio 0.0
Phone 305 224 6427
Post Market Change 0.040000916
Post Market Change Percent 0.05340576
Post Market Price 74.94
Post Market Time 1,776,470,350
Previous Close 70.92
Price Eps Current Year -42.47645
Price Hint 2
Price To Book 5.799009
Price To Sales Trailing12 Months 35.324635
Profit Margins -0.96185
Quick Ratio 0.202
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.3125
Region US
Regular Market Change 3.9800034
Regular Market Change Percent 5.6119623
Regular Market Day High 76.08
Regular Market Day Low 72.08
Regular Market Day Range 72.08 - 76.08
Regular Market Open 73.52
Regular Market Previous Close 70.92
Regular Market Price 74.9
Regular Market Time 1,776,456,001
Regular Market Volume 5,715,580
Return On Assets -0.09242
Return On Equity -0.18576
Revenue Growth 1.792
Revenue Per Share 2.232
Sand P52 Week Change 0.38150132
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 2
Shares Outstanding 110,887,284
Shares Percent Shares Out 0.1558
Shares Short 17,280,888
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 16,598,307
Short Name Hut 8 Corp.
Short Percent Of Float 0.1719
Short Ratio 4.17
Source Interval 15
State FL
Symbol HUT
Target High Price 136.0
Target Low Price 55.0
Target Mean Price 76.6875
Target Median Price 74.5
Total Cash 44,914,000
Total Cash Per Share 0.405
Total Debt 429,331,008
Total Revenue 235,118,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.14
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 42.376625
Two Hundred Day Average Change 32.523376
Two Hundred Day Average Change Percent 0.7674839
Type Disp Equity
Volume 5,715,580
Website https://www.hut8.com
Zip 33,131