HUT Stock Summary and Trading Ideas (Hut 8 Corp. | NASDAQ:HUT)

Hut 8 Corp is an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases. The company has four reportable business segments: Power, Digital Infrastructure, Compute, and Other. It derives maximum revenue from the Compute segment which consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. Its geographical segments include the United States and Canada, of which it generates the majority of revenue from the United States.

Hut 8 Corp. trades on the NASDAQ stock market under the symbol HUT.

As of November 6, 2026, HUT stock price climbed to $52.65 with 10,724,463 million shares trading.

HUT has a beta of 2.94, meaning it tends to be more sensitive to market movements. HUT has a correlation of 0.18 to the broad based SPY ETF.

HUT has a market cap of $6.32 billion. This is considered a Mid Cap stock.

Last quarter Hut 8 Corp. reported $71 million in Revenue and $.98 earnings per share. This fell short of revenue expectation by $-6 million and exceeded earnings estimates by $2.16.

In the last 3 years, HUT traded as high as $140.80 and as low as $6.18.

The top ETF exchange traded funds that HUT belongs to (by Net Assets): VTI, VB, IWM, VBK, VGT.

HUT has outperformed the market in the last year with a return of +12.0%, while the SPY ETF gained +9.6%. However, in the most recent history, HUT shares have underperformed the stock market with its stock returning -43.2% in the last 3 month period and -17.7% for the last 2 week period, while SPY has returned -4.2% and -3.8%, respectively.

HUT support price is $42.87 and resistance is $49.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HUT shares will trade within this expected range on the day.