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Why is HUT down 7.11%?
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HUT:NASDAQ
Hut 8 Corp
$57.57
-7.11%
(-4.40) 1D
$56.84
-1.27% (-0.73)
After hours
Closed: Nov 13, 4:00:00 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for HUT...
Open
$61.00
High
$61.16
Low
$54.33
Mkt. cap
7.05B
Avg. vol.
6.89M
Volume
4.66M
52-wk high
$140.80
52-wk low
$31.67
EPS
-$5.41
Shares outstanding
120.04M
No. of employees
248
Open
$61.00
High
$61.16
Low
$54.33
Mkt. cap
7.05B
Avg. vol.
6.89M
Volume
4.66M
52-wk high
$140.80
52-wk low
$31.67
EPS
-$5.41
Shares outstanding
120.04M
No. of employees
248
News stories
From web sources and news partners
About Hut 8 Corp
CEO-
Employees248
Founded2020
HeadquartersMiami, Florida, United States
SectorInformation Technology
IndustryApplication software
Websitehut8.com
Analyst ratings
Based on 19 analysts giving stock ratings to HUT in the past 3 months
Strong buy
Buy
18
Hold
1
Sell
0
12-month forecast
Based on 19 Wall Street analysts offering 12 month price targets for HUT in the last 3 months.
Highest
Current $57.57
$195.00 (+238.72%)
Average
$129.21 (+124.44%)
Lowest
$75.00 (+30.28%)
Analyst
Recommendation
Action
Price target
Projected
Date
Stephen Glagola
KBW
Buy
Reiterated
$81.00
+40.7%
11/12/2026
Jonathan Petersen
Jefferies
Buy
Maintained
$81.00
+40.7%
11/09/2026
Stephen Byrd
Morgan Stanley
Buy
Reiterated
$184.00
+219.6%
11/09/2026
Nick Giles
B. Riley Securities
Buy
Maintained
$132.00
+129.3%
11/06/2026
Paul Meeks
Freedom Capital Markets
Buy
Maintained
$132.00
+129.3%
11/05/2026
George Sutton
Craig-Hallum
Buy
Maintained
$120.00
+108.4%
11/05/2026
Michael Grondahl
Northland Securities
Buy
Maintained
$75.00
+30.3%
11/05/2026
Brett Knoblauch
Cantor Fitzgerald
Buy
Maintained
$127.00
+120.6%
11/05/2026
Bryan Baratian
Roth MKM
Buy
Maintained
$95.00
+65%
11/05/2026
Darren Aftahi
Lucid Capital
Buy
Reiterated
$180.00
+212.7%
11/05/2026
Eric Luebchow
Wells Fargo
Buy
Reiterated
$148.00
+157.1%
11/05/2026
Joseph Vafi
Canaccord Genuity
Buy
Maintained
$130.00
+125.8%
11/05/2026
Allen Klee
Maxim Group
Buy
Reiterated
$110.00
+91.1%
11/05/2026
Brian Dobson
Clear Street
Buy
Maintained
$165.00
+186.6%
11/04/2026
Patrick Moley
Piper Sandler
Buy
Reiterated
$123.00
+113.7%
10/20/2026
Unknown Analyst
Roth MKM
Buy
Initiated
$108.00
+87.6%
10/07/2026
Mark Palmer
StoneX
Buy
Reiterated
$195.00
+238.7%
10/06/2026
John Todaro
Needham
Buy
Maintained
$138.00
+139.7%
10/06/2026
Ryan Gravett
UBS
Buy
Initiated
$143.00
+148.4%
09/23/2026
Alexander Haissl
Rothschild & Co Redburn
Hold
Initiated
$96.00
+66.8%
09/21/2026
Unknown Analyst
Freedom Capital Markets
Buy
Initiated
-
-
08/19/2026
Gregory Lewis
BTIG
Buy
Maintained
$150.00
+160.6%
08/06/2026
Chris Brendler
Rosenblatt Securities
Buy
Reiterated
$124.00
+115.4%
08/05/2026
Unknown Analyst
Lucid Capital
Buy
Initiated
$226.00
+292.6%
06/22/2026
Matthew Galinko
Maxim Group
Buy
Reiterated
$135.00
+134.5%
05/08/2026
Gregory P Miller
Citizens JMP
Buy
Maintained
$140.00
+143.2%
05/07/2026
Pierre-Marie d'Ornano
Arete Research
Buy
Initiated
$136.00
+136.2%
03/23/2026
Kevin Dede
H.C. Wainwright
Buy
Reiterated
$80.00
+39%
02/26/2026
Last report
Nov 4, 2026
Fiscal period
Q3 2026
-$0.67 / -$1.21
+44.25%beat
Revenue / Est. (USD)
71.07M / 77.22M
-7.96%miss
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
88.49M
71.02M
74.93M
71.07M
Cost of goods sold
35.01M
25.55M
26.89M
30.22M
Cost of revenue
35.01M
25.55M
26.89M
30.22M
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
52.35M
81.74M
76.08M
99.56M
Operating expense
493.98M
415.84M
254.40M
-274.09M
Total operating expenses
528.99M
441.39M
281.30M
-243.86M
Operating income
-440.49M
-370.37M
-206.36M
314.93M
Other non operating income
54.54M
40.22M
18.24M
-62.75M
EBT including unusual items
-380.00M
-302.08M
-208.60M
241.16M
EBT excluding unusual items
-385.63M
-335.68M
-209.75M
214.20M
Income tax expense
-78.22M
-48.94M
-31.46M
51.66M
Effective tax rate
20.59%
16.20%
15.08%
21.42%
Other operating expenses
401.88M
295.66M
138.60M
-413.79M
Net income
-279.68M
-219.85M
-150.19M
131.07M
Net profit margin
-316.05%
-309.57%
-200.44%
184.42%
Earnings per share
-2.12
0.10
-0.39
-0.67
Interest and investment income
-
-
27.08M
61.77M
Interest expense
-5.59M
-9.24M
-51.16M
-105.51M
Net interest expenses
-5.59M
-9.24M
-24.08M
-43.74M
Depreciation and amortization charges
39.75M
38.44M
39.73M
40.15M
EBITDA
-400.74M
-331.93M
-166.64M
355.08M
Gain or loss from assets sale
984.00K
-33.60M
-1.14M
-3.27M
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
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