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

HUT Nasdaq Finance Services DE CIK: 0001964789
Updated This Month • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
84% Confidence
AGREEMENT
STRONG SELL
92% Conf
SELL
77% Conf

📊 HUT Key Takeaways

Revenue: $71.0M
Net Margin: -309.6%
Free Cash Flow: $-27.2M
Current Ratio: 0.86x
Debt/Equity: 0.29x
EPS: $-1.98
AI Rating: STRONG SELL with 92% confidence
Hut 8 Corp. (HUT) receives a SELL rating with 84% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $71.0M, net profit margin of -309.6%, 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 Corp exhibits severe financial distress with operating losses of $370.4M against revenue of only $71.0M and zero YoY growth, indicating fundamental business model failure. The company is burning cash operationally ($27.2M negative FCF), faces liquidity stress (current ratio 0.86x), and destroys shareholder value with negative returns on assets and equity, suggesting the current operational structure is unsustainable.

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
  • + Maintains $2.6B asset base providing financial cushion for restructuring or strategic alternatives
  • + Moderate leverage with 0.29x debt-to-equity ratio indicating debt is not the primary problem
  • + Retains $160M cash position providing limited runway for operational adjustments
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 loss magnitude ($370.4M) is 5.2x annual revenue, indicating core business model failure not mere underperformance
  • ! Zero revenue growth paired with $370M operating loss signals operational deterioration and broken unit economics
  • ! Negative operating cash flow of $27.2M with -38.3% FCF margin indicates unsustainable cash burn and shrinking liquidity runway
  • ! Current ratio of 0.86x signals working capital stress and potential inability to meet short-term obligations
  • ! Negative interest coverage and returns on assets/equity confirm value destruction across all operations
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 and cash runway remaining
  • * Revenue growth rate and path to return to positive growth
  • * Operating margin improvement trajectory from -521.5% baseline
  • * Current ratio recovery above 1.0x indicating liquidity stabilization
  • * Cost structure reduction progress relative to revenue base
ChatGPT
  • * Operating cash flow and FCF margin
  • * Current ratio and cash balance

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

Revenue
$71.0M
Net Income
$-219.8M
EPS (Diluted)
$-1.98
Free Cash Flow
$-27.2M
Total Assets
$2.6B
Cash Position
$160.0M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

HUT Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -521.5%
Net Margin -309.6%
ROE -15.9%
ROA -8.4%
FCF Margin -38.3%

HUT vs Finance Sector: How Hut 8 Corp. Compares

How Hut 8 Corp. compares to Finance sector averages

Net Margin
HUT -309.6%
vs
Sector Avg 25.0%
HUT Sector
ROE
HUT -15.9%
vs
Sector Avg 12.0%
HUT Sector
Current Ratio
HUT 0.9x
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
-309.6%
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
0.86x
Quick Ratio
0.86x
Debt/Equity
0.29x
Debt/Assets
35.2%
Interest Coverage
-30.13x
Long-term Debt
$402.6M

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
-38.3%
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
Q1 2026 $21.8M -$133.9M $-1.30
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
-$27.2M
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
May 13, 2026 4 xslF345X06/form4.xml View →
May 6, 2026 8-K hut-20260506x8k.htm View →
May 6, 2026 10-Q hut-20260331x10q.htm View →
May 4, 2026 4 xslF345X06/form4.xml View →
May 1, 2026 8-K tm2613163d1_8k.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 84% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are HUT's key strengths?

Claude: Maintains $2.6B asset base providing financial cushion for restructuring or strategic alternatives. Moderate leverage with 0.29x debt-to-equity ratio indicating debt is not the primary problem. 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 loss magnitude ($370.4M) is 5.2x annual revenue, indicating core business model failure not mere underperformance. Zero revenue growth paired with $370M operating loss signals operational deterioration and broken unit economics. 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 $71.0M.

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 $-1.98.

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 May 2026, Hut 8 Corp. has a SELL rating with 84% 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 -309.6% (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 $-27.2M, with capital expenditures of N/A. FCF margin is -38.3%.

How does HUT compare to other Finance stocks?

Vs Finance sector averages: Net margin -309.6% (avg: 25%), ROE -15.9% (avg: 12%), current ratio 0.86 (avg: 1.2).

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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: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI