Key Takeaways
- Quality scores just 22/100 and drives the Sell signal: operating margin is -275.4%, free cash flow is -$7.7B against $318M of revenue, and debt-to-equity is 4.37.
- Growth is the best pillar at 56/100, with trailing revenue up 81.4% to $318M, though off a small base and with no five-year history available.
- Opportunity scores 8/100: no P/E, a -67.1% free cash flow yield, and a stock price near the top of its two-year range.
Hut 8 trades at $93.54, up from a two-year low of $9.00 and now near the upper end of a two-year range that tops out at $124.83. Behind that run, the fundamentals the scoring model measures are weak: a Quality score of 22/100 drags the Recommendation Score down to 29/100, and the model rates the stock a Sell. That label reflects StreetBriefs’ quantitative model – Quality, Growth, and Opportunity – and is a data-driven signal for further research, not a personalized recommendation to transact. This Hut 8 Corp. stock analysis works through what is driving it.
Hut 8 operates Bitcoin mining and data-center infrastructure, a capital-intensive model that shows up clearly in the cash-flow figures below.
What Is Happening With the Stock Price
At $93.54, the stock sits roughly three-quarters of the way up its two-year range, far above the $9.00 low and within sight of the $124.83 high. That is an enormous recovery, and it has happened while the profitability and cash-flow metrics have stayed deeply negative. In other words, price momentum has moved well ahead of the fundamentals the model scores.
Quality: Is This a Financially Sound Business?
This Hut 8 Corp. stock analysis finds Quality the weakest pillar at 22/100, and it is the main reason for the Sell signal – a Quality reading this low pushes the model to a negative call regardless of the other pillars. Gross margin is 62.3%, but operating margin is -275.4% and net profit margin is -188.6%, for a loss of $5.40 per share. Return on assets is -9.7% and return on equity is -43.4%. Free cash flow is reported at -$7.7B against just $318M of revenue – an unusually large outflow that most likely reflects heavy capital investment in mining and data-center capacity, and possibly one-time items; it is worth verifying against the company’s filings. Either way, it points to a business consuming far more cash than it produces. Leverage is high, with debt-to-equity of 4.37, and while the current ratio of 19.35 looks reassuring, the quick ratio of 0.67 shows most current assets are illiquid, so near-term liquidity is tighter than it first appears.
Growth: Does This Company Have Real Upside?
Growth scores 56/100, the strongest of the three pillars. Trailing revenue rose 81.4% to $318M, a fast rate but off a small base, and the five-year revenue CAGR is not available to show whether that pace is durable. Earnings growth cannot be measured given the losses. EV/Revenue of 60.63 and EV/EBITDA of -24.42 – the latter negative because EBITDA is negative – show the market is valuing the company well ahead of its current financial output.
Opportunity: Is Now a Good Time to Enter?
Opportunity scores 8/100, near the bottom of the scale. There is no P/E ratio because the company is lossmaking, price-to-book is 7.99, and the free cash flow yield is -67.1% – the company is burning cash, not generating it. With the stock already near the top of its two-year range, there is nothing in the entry-timing picture that offsets the weak Quality and Opportunity readings.
Hut 8 Corp. Stock Analysis: The Bottom Line
StreetBriefs’ model rates Hut 8 a Sell on a Quality score of 22/100, an Opportunity score of 8/100, and a Recommendation Score of 29/100 – a transparent quantitative signal, not advice to act. The case for what could go right: revenue is growing 81.4%, gross margin is a healthy 62.3%, and the business is leveraged to Bitcoin prices and demand for computing capacity, so a favorable move in either could change the numbers quickly. The case against: deep operating losses, debt-to-equity of 4.37, large negative free cash flow, and a share price already up roughly tenfold from its two-year low. The clearest risks are dilution and refinancing pressure if the cash burn continues, and high sensitivity to the price of Bitcoin. This analysis is based on Yahoo Finance data as of September 08, 2026, which may be delayed or contain errors, and is for informational purposes only, not financial advice; investors should do their own due diligence or consult a licensed advisor.
Financial Metrics Summary
| Metric | Value |
|---|---|
| Price & Valuation | |
| Current Price | $93.54 |
| 2-Year Low | $9.00 |
| 2-Year High | $124.83 |
| Market Cap | $11.53B |
| EV / Revenue | 60.63 |
| Our Scores | |
| Quality Score | 22 / 100 |
| Growth Score | 56 / 100 |
| Opportunity Score | 8 / 100 |
| Profitability | |
| Earnings Per Share | -$5.40 |
| Return on Assets | -9.7% |
| Return on Equity | -43.4% |
| Net Profit Margin | -188.6% |
| Gross Margin | 62.3% |
| Operating Margin | -275.4% |
| Growth | |
| Revenue Growth (TTM) | 81.4% |
| Balance Sheet | |
| Debt-to-Equity | 4.37 |
| Current Ratio | 19.35 |
| Quick Ratio | 0.67 |
| Income & Dividends | |
| Payout Ratio | 0.0% |
Data as of September 08, 2026
Our Three-Pillar Assessment
| Quality |
22/100 |
| Growth |
56/100 |
| Opportunity |
8/100 |
Quality measures business fundamentals: profitability, cash flow discipline, and balance sheet strength.
Growth captures revenue momentum, gross margin scalability, and the Rule of 40 efficiency test.
Opportunity signals entry timing: current valuation versus history and price position in the 2-year range.
Current price: $93.54 trading 25% below its 2-year high of $124.83.
This analysis is done using financial data from Yahoo Finance.
Always conduct your own due diligence and consult a qualified financial advisor before making investment decisions.
