How to Buy Hut 8 Stock
Hut 8 Corp
Hut 8 Corp. , together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada.
Hut 8 stock last closed at $91.91, down 10.79% from the previous day, and has increased 313.26% in one year. It has overperformed other stocks in the Capital Markets industry by 3.26 percentage points. Hut 8 stock is currently +392.02% from its 52-week low of $18.68, and -34.72% from its 52-week high of $140.80.
At the moment, there are 112.59M HUT shares outstanding. The market cap of HUT is $10.35B. In the last 24 hours, 4.45M HUT shares were traded.
How to Buy Hut 8 Stock
Not sure how to invest in Hut 8 stock? Here's how.
- Figure out where to buy Hut 8 stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Hut 8 stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Evaluate Hut 8 stock: The Hut 8 ticker symbol is HUT. Is Hut 8 stock a good investment? Should you buy shares of HUT? How do HUT's underlying business fundamentals look? Do top analysts think Hut 8 is a good buy? Why has HUT's stock price moved recently? (Hint: Our stock research tools can help you evaluate if HUT is a good stock to buy).
- Execute your HUT purchase: Decide if you will purchase HUT shares at the current market price or use a limit order to purchase HUT stock at a given price.
- Monitor your HUT position: Create a watchlist to important updates regarding your position in Hut 8 stock.
Step 1: Figure out where to buy Hut 8 stock
You will need a brokerage account to access the NASDAQ market and buy HUT shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you can invest in HUT today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on app for investing, you need to deposit funds:
Watch the walkthrough below to see the process of depositing funds into your new brokerage account.
Step 4: Evaluate Hut 8 stock
Once you have decided on the best place to buy Hut 8 stock, it's critical to evaluate their stock prior to buying, so you can comprehend the risk and opportunity.
Hut 8 stock data
HUT Due Diligence Score
WallStreetZen was built to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on HUT's stock page.
Is HUT stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge HUT's true value.
Using relative valuations ratios:
- HUT may be overvalued based on its P/B ratio of 7.5x, relative to Capital Markets industry P/B ratio of 3.11x
You can access more valuation research on HUT's stock here.
HUT Financial Health Overview
Signs that HUT is not financially healthy:
- HUT has $160.63M in cash and short term investments. This is not enough to cover its annual cash burn of $499.03M.
- There are more short-term liabilities than short-term assets on the HUT balance sheet.
- HUT profit margin has gone down from -39.9% to -109.8% in the past year.
- There are more long-term liabilities than short-term assets on the HUT balance sheet.
- HUT has a relatively high debt to equity ratio of 0.67.
- HUT has cash burn of 499030000. It does not have enough cash and short-term investments to cover this.
Is HUT stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 12 sell side analysts who give ratings on HUT, the consensus analyst rating on Hut 8 is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent HUT Analyst Forecasts
Joseph Vafi, a top 2% analyst from Canaccord Genuity maintains HUT with a strong buy rating and raises their HUT price target from $70.00 to $130.00, on May 7, 2026.
Canaccord Genuity's Joseph Vafi raised their price target on Hut 8 (NASDAQ: HUT) by 85.7% from $70 to $130 on 2026/05/08. The analyst maintained their Strong Buy rating on the stock.
Hut 8 reported its Q1 2026 earnings.
The company's strategic advancement is showing no signs of slowing down, Vafi told readers.
The analyst noted that Hut 8 has recently secured two major AI co-partnership deals on terms that are among the best they have seen in the industry.
Earnings Report
For Q1 2026, Hut 8 reported:
- Loss per share of $0.12, which beat the Zacks Consensus Estimate of $(0.28) but beat Q1 2025’s $(0.18).
- Revenue of $71.02M, which missed the Zacks Consensus Estimate by 8.56% but beat, by 225.5%, Q1 2025’s $21.82M.
Management did not provide EPS and revenue guidance in its press release.
CEO Asher Genoot commented: "In Q1 2026, we continued to execute against our conviction that power is the foundational layer for the next generation of energy-intensive technologies, and that those who secure it at scale will build and compound a durable competitive advantage.
“That conviction has produced a contracted revenue base of $16.8B underpinned by triple-net, take-or-pay data center leases with 597 MW of IT capacity across two hyperscale AI campuses, and diversified blue-chip, investment-grade counterparties.
“Our initial lease at Beacon Point demonstrates how our distinct power-first development model is repeatable across tenants and geographies.
“We identified a site that incumbents and peers overlooked and delivered a lease structured on the same triple-net, take-or-pay terms that defined our first AI data center lease at River Bend.
“Within five months, we have more than doubled our contracted capacity and secured $9.8B in incremental base-term contract value.
"With River Bend advancing toward Q2 2027 delivery and a development pipeline spanning 8,375 MW, our focus is on continuing to scale with the rigor and quality we believe distinguishes our platform from others in the market.
“We believe our proven model, strong balance sheet, and utility-scale development pipeline position us to continue executing with uncompromising discipline as we build what we believe will become an enduring, generational business at the intersection of energy and technology.”
Greg P. Miller, a bottom 10% analyst from Citizens maintains HUT with a buy rating and raises their HUT price target from $100.00 to $140.00, on May 7, 2026.
John Todaro, a top 1% analyst from Needham maintains HUT with a buy rating and raises their HUT price target from $88.00 to $128.00, on May 7, 2026.
Patrick Moley, a top 3% analyst from Piper Sandler maintains HUT with a strong buy rating and raises their HUT price target from $93.00 to $127.00, on May 6, 2026.
Brett Knoblauch, a top 4% analyst from Cantor Fitzgerald maintains HUT with a strong buy rating and raises their HUT price target from $68.00 to $80.00, on Apr 9, 2026.
You can dive deeper into what analysts are forecasting on the Hut 8 stock forecast page.
HUT Technicals
HUT Performance Numbers
Last year, HUT revenue was $284.32M. Over the last 2 year, HUT's revenue has grown by 91.87% per year. This was faster than the Capital Markets industry average of 18.41%.
You can research HUT's earnings and revenue performance here.
Who is buying/selling HUT?
Over the last 12 months, insiders at HUT have sold more shares than they have bought.
Victor Semah, Chief Legal Officer of HUT, was the latest HUT insider to sell. They sold $1,250,000.00 worth of HUT stock on Jun 17, 2026.
Learn more about who owns HUT shares here.
Can I rely on HUT as an income stream?
No, Hut 8 doesn't provide an income stream by paying out dividends.
What do other investors have to say about HUT?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your HUT purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you require more help with investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your HUT position
Now that you own some HUT stock, you'll want to keep up with your shares.
Make a watchlist to keep tabs on your HUT stock.
HUT Feed
How to Buy Stock in Hut 8
To reiterate, here are the 6 steps for buying Hut 8 stock:
- Figure out where to buy Hut 8 stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Evaluate Hut 8 stock
- Execute your HUT purchase
- Monitor your HUT position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your investment in Hut 8, click below.
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