Hut 8 (HUT) to Post Earnings on Tuesday

Hut 8 (NASDAQ:HUT) is anticipated to release its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect the company to announce earnings of ($0.55) per share and revenue of $79.3660 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 8:30 AM ET.

Hut 8 (NASDAQ:HUT) last posted its earnings results on Wednesday, May 6th. The company reported ($1.98) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.33) by ($1.65). The company had revenue of $139.31 million for the quarter, compared to analyst estimates of $78.53 million. Hut 8 had a negative return on equity of 0.35% and a negative net margin of 109.77%. On average, analysts expect Hut 8 to post $-3 EPS for the current fiscal year and $-8 EPS for the next fiscal year.

Hut 8 Trading Down 0.6%

Shares of HUT stock opened at $107.63 on Friday. The company has a market capitalization of $12.12 billion, a PE ratio of -35.88 and a beta of 4.62. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.12. Hut 8 has a 12-month low of $18.68 and a 12-month high of $140.80. The firm has a 50 day moving average price of $111.84 and a two-hundred day moving average price of $80.83.

Insider Transactions at Hut 8

In related news, Director Joseph Flinn sold 7,719 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $117.91, for a total value of $910,147.29. Following the completion of the sale, the director directly owned 10,519 shares of the company’s stock, valued at $1,240,295.29. The trade was a 42.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Amy Marie Wilkinson sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $100.78, for a total value of $2,015,600.00. Following the sale, the director owned 262,136 shares of the company’s stock, valued at approximately $26,418,066.08. This represents a 7.09% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 112,724 shares of company stock valued at $12,184,340. 10.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Hut 8

Several institutional investors have recently bought and sold shares of HUT. Vanguard Personalized Indexing Management LLC grew its stake in shares of Hut 8 by 4.5% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 8,992 shares of the company’s stock worth $413,000 after acquiring an additional 388 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of Hut 8 by 4.8% during the 4th quarter. Integrated Wealth Concepts LLC now owns 10,028 shares of the company’s stock worth $461,000 after purchasing an additional 456 shares during the last quarter. Jain Global LLC increased its position in Hut 8 by 3.8% in the fourth quarter. Jain Global LLC now owns 13,810 shares of the company’s stock worth $634,000 after buying an additional 502 shares during the last quarter. Imprint Wealth LLC bought a new stake in Hut 8 in the 4th quarter valued at about $38,000. Finally, Bank of Montreal Can raised its position in shares of Hut 8 by 4.5% in the fourth quarter. Bank of Montreal Can now owns 19,536 shares of the company’s stock valued at $898,000 after purchasing an additional 847 shares during the period. Institutional investors own 31.75% of the company’s stock.

Wall Street Analysts Forecast Growth

HUT has been the topic of several recent research reports. Morgan Stanley assumed coverage on Hut 8 in a research report on Thursday, July 23rd. They set an “overweight” rating and a $263.00 price objective on the stock. Piper Sandler upped their target price on Hut 8 from $93.00 to $127.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Canaccord Genuity Group increased their target price on shares of Hut 8 from $70.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Keefe, Bruyette & Woods raised their price objective on Hut 8 from $138.00 to $157.00 and gave the company an “outperform” rating in a report on Tuesday, July 28th. Finally, Benchmark lifted their target price on shares of Hut 8 from $165.00 to $195.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Eighteen equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Hut 8 has an average rating of “Moderate Buy” and an average target price of $137.20.

About Hut 8

Hut 8 Corp., trading on the Nasdaq under the symbol HUT, is a North American digital infrastructure company specializing in cryptocurrency mining and high‐performance computing. Founded in 2017 and headquartered in Toronto, Canada, Hut 8 operates purpose‐built data centers that house fleets of specialized ASIC and GPU servers. Through its flagship mining facilities in Alberta and Ontario, the company leverages low‐cost, low‐carbon power sources—such as hydroelectric and natural gas—to support sustainable bitcoin production.