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 October 29, 2026, HUT stock price declined to $66.44 with 2,920,293 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 $8.19 billion. This is considered a Mid Cap stock.

Last quarter Hut 8 Corp. reported $75 million in Revenue and -$1.27 earnings per share. This fell short of revenue expectation by $-6 million and missed earnings estimates by -$.95.

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 +32.3%, while the SPY ETF gained +13.1%. However, in the most recent history, HUT shares have underperformed the stock market with its stock returning -34.3% in the last 3 month period and -11.3% for the last 2 week period, while SPY has returned +4.1% and 0.0%, respectively.

HUT support price is $65.02 and resistance is $73.90 (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.