← Back to All US Stocks

Hut 8 Corp. (HUT) Stock Fundamental Analysis & AI Rating 2026

HUT Nasdaq Finance Services DE CIK: 0001964789
Recently Updated • Analysis: Apr 11, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
82% Confidence
AGREEMENT
STRONG SELL
88% Conf
SELL
77% Conf

📊 HUT Key Takeaways

Revenue: $235.1M
Net Margin: -96.2%
Free Cash Flow: $-139.2M
Current Ratio: 1.09x
Debt/Equity: 0.29x
EPS: $-2.14
AI Rating: STRONG SELL with 88% confidence
Hut 8 Corp. (HUT) receives a SELL rating with 82% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $235.1M, net profit margin of -96.2%, and return on equity (ROE) of -15.9%, Hut 8 Corp. demonstrates mixed fundamentals in the Finance sector. Below is our complete HUT stock analysis for 2026.

Is Hut 8 Corp. (HUT) a Good Investment?

Claude

Hut 8 exhibits severe financial distress with massive operating losses (-$322M) on modest revenue ($235.1M), generating negative free cash flow of -$139.2M annually with only $44.9M in cash. The company cannot service debt from operations (interest coverage: -26.2x), demonstrates no revenue growth, and is consuming shareholder capital at an unsustainable rate with no visible path to profitability.

ChatGPT

Fundamentals show persistent, sizable losses with deeply negative operating and net margins, flat revenue, and heavy cash burn. Liquidity is thin relative to outflows, and interest coverage is sharply negative, indicating elevated financing and dilution risk. While leverage is moderate and equity/assets are sizable, the path to sustainable profitability is unclear near term.

Why Buy Hut 8 Corp. Stock? HUT Key Strengths

Claude
  • + Moderate leverage with Debt/Equity ratio of 0.29x provides some balance sheet cushion
  • + Positive stockholders equity of $1.4B retains some asset base
  • + Current ratio of 1.09x indicates current liabilities can be met in near term
ChatGPT
  • + Moderate leverage profile (Debt/Equity 0.29x)
  • + Large asset and equity base ($2.75B assets, $1.42B equity)
  • + Slight YoY improvement in net loss (+8.8%)

HUT Stock Risks: Hut 8 Corp. Investment Risks

Claude
  • ! Operating losses of $322M on $235.1M revenue indicate fundamentally broken unit economics and unsustainable business model
  • ! Negative free cash flow of $139.2M annually with only $44.9M cash implies 4+ month runway before depletion at current burn rate
  • ! Zero revenue growth (0.0% YoY) with negative profitability indicates structural business challenges with no organic growth recovery
  • ! Negative interest coverage ratio (-26.2x) means company cannot service debt obligations from operating income
  • ! Minimal insider activity (2 Form 4 filings in 90 days) may indicate lack of insider confidence
ChatGPT
  • ! Persistent operating losses and -96.2% net margin
  • ! Negative operating cash flow/FCF with limited cash and thin liquidity (1.09x)
  • ! Negative interest coverage (-26.2x) elevates refinancing/dilution risk

Key Metrics to Watch

Claude
  • * Operating Cash Flow trend - critical indicator of whether cash burn stabilizes or worsens
  • * Cash balance depletion rate - monitor if company approaches funding crisis
  • * Operating margin improvement - must demonstrate path from -136.9% toward positive territory
  • * Revenue growth acceleration - need evidence of top-line recovery to support restructuring
ChatGPT
  • * Operating cash flow and FCF margin
  • * Current ratio and cash balance

Hut 8 Corp. (HUT) Financial Metrics & Key Ratios

Revenue
$235.1M
Net Income
$-226.1M
EPS (Diluted)
$-2.14
Free Cash Flow
$-139.2M
Total Assets
$2.8B
Cash Position
$44.9M

💡 AI Analyst Insight

Hut 8 Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

HUT Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -136.9%
Net Margin -96.2%
ROE -15.9%
ROA -8.2%
FCF Margin -59.2%

HUT vs Finance Sector: How Hut 8 Corp. Compares

How Hut 8 Corp. compares to Finance sector averages

Net Margin
HUT -96.2%
vs
Sector Avg 25.0%
HUT Sector
ROE
HUT -15.9%
vs
Sector Avg 12.0%
HUT Sector
Current Ratio
HUT 1.1x
vs
Sector Avg 1.2x
HUT Sector
Debt/Equity
HUT 0.3x
vs
Sector Avg 2.0x
HUT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Hut 8 Corp. Stock Overvalued? HUT Valuation Analysis 2026

Based on fundamental analysis, Hut 8 Corp. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
-15.9%
Sector avg: 12%
Net Profit Margin
-96.2%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.29x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Hut 8 Corp. Balance Sheet: HUT Debt, Cash & Liquidity

Current Ratio
1.09x
Quick Ratio
1.09x
Debt/Equity
0.29x
Debt/Assets
38.6%
Interest Coverage
-26.19x
Long-term Debt
$408.9M

HUT Revenue & Earnings Growth: 5-Year Financial Trend

HUT 5-year financial data: Year 2024: Revenue $162.4M, Net Income -$31.8M, EPS $-0.94. Year 2025: Revenue $235.1M, Net Income $6.2M, EPS $0.11.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Hut 8 Corp.'s revenue has grown significantly by 45% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.11 reflects profitable operations.

HUT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-59.2%
Free cash flow / Revenue

HUT Quarterly Earnings & Performance

Quarterly financial performance data for Hut 8 Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $43.7M $647.0K $0.01
Q2 2025 $35.2M $3.4M $0.03
Q1 2025 $21.8M -$133.9M $-1.30
Q3 2024 $21.7M $647.0K $0.01
Q2 2024 $20.5M -$1.7M $-0.04
Q1 2024 $15.6M -$560.0K $-0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Hut 8 Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$139.2M
Cash generated from operations
Dividends
None
No dividend program

HUT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Hut 8 Corp. (CIK: 0001964789)

📋 Recent SEC Filings

Date Form Document Action
Mar 10, 2026 4 xslF345X05/form4.xml View →
Mar 10, 2026 4 xslF345X05/form4.xml View →
Feb 25, 2026 8-K hut-20260225x8k.htm View →
Feb 25, 2026 8-K hut-20260225x8k.htm View →
Feb 25, 2026 10-K hut-20251231x10k.htm View →

Frequently Asked Questions about HUT

What is the AI rating for HUT?

Hut 8 Corp. (HUT) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 82% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are HUT's key strengths?

Claude: Moderate leverage with Debt/Equity ratio of 0.29x provides some balance sheet cushion. Positive stockholders equity of $1.4B retains some asset base. ChatGPT: Moderate leverage profile (Debt/Equity 0.29x). Large asset and equity base ($2.75B assets, $1.42B equity).

What are the risks of investing in HUT?

Claude: Operating losses of $322M on $235.1M revenue indicate fundamentally broken unit economics and unsustainable business model. Negative free cash flow of $139.2M annually with only $44.9M cash implies 4+ month runway before depletion at current burn rate. ChatGPT: Persistent operating losses and -96.2% net margin. Negative operating cash flow/FCF with limited cash and thin liquidity (1.09x).

What is HUT's revenue and growth?

Hut 8 Corp. reported revenue of $235.1M.

Does HUT pay dividends?

Hut 8 Corp. does not currently pay dividends.

Where can I find HUT SEC filings?

Official SEC filings for Hut 8 Corp. (CIK: 0001964789) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is HUT's EPS?

Hut 8 Corp. has a diluted EPS of $-2.14.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is HUT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Hut 8 Corp. has a SELL rating with 82% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is HUT stock overvalued or undervalued?

Valuation metrics for HUT: ROE of -15.9% (sector avg: 12%), net margin of -96.2% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy HUT stock in 2026?

Our dual AI analysis gives Hut 8 Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is HUT's free cash flow?

Hut 8 Corp.'s operating cash flow is $-139.2M, with capital expenditures of N/A. FCF margin is -59.2%.

How does HUT compare to other Finance stocks?

Vs Finance sector averages: Net margin -96.2% (avg: 25%), ROE -15.9% (avg: 12%), current ratio 1.09 (avg: 1.2).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Sector: All Finance Stocks →
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 11, 2026 | Data as of: 2025-12-31 | Powered by Claude AI