HUT · NASDAQ · STOCK
Hut 8 (HUT) Stock Analysis
$93.50
52W $25.45 – $140.80
62/100
$10.53B
-17.6
5.98
⚠
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.
Is HUT Bullish or Bearish?
Bullish.
Innellis AI committee rates Hut 8 Corp. (HUT) Buy with a composite score of 62/100
, based on 5 analysts with 40% agreement.
Last updated September 06, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +13.13 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -6.87 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Growth Analyst sees a compelling case — quarter-over-quarter growth rate is accelerating, not just positive. Risk Analyst remains cautious — bollinger bandwidth of 21.0% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- MACD histogram positive -- bullish momentum — Technical
- VIX regime is low -- calm backdrop supports risk-taking — Macro
Bear Case
- Price trading above the upper Bollinger Band -- stretched — Technical
- Bollinger bandwidth of 21.0% signals elevated volatility — Risk
- News sentiment is negative (-0.20 across 29 articles, 14d) — News
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of September 06, 2026
Overall Committee Score
62/100
Agreement
40%
Analysts
5
Conviction
Contested
Sector Rank
Top 66%
of 211 Financial Services peers
Growth Analyst
bullish
85
/ 100 · Low confidence
Strong, accelerating growth with consistent execution
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
Technical Analyst
neutral
58
/ 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
− Price trading above the upper Bollinger Band -- stretched
Risk Analyst
bearish
35
/ 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 21.0% signals elevated volatility
Macro Analyst
bullish
80
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst
neutral
51
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
− News sentiment is negative (-0.20 across 29 articles, 14d)
Portfolio Manager
neutral
45
/ 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2704.43)
Investment Thesis Evolution
Committee score moved marginally from 60.2 to 61.9.
- Committee agreement fell notably from 50% to 40%.
- Bullish support removed: 1 signal(s) disappeared.
- Bearish pressure eased: 1 signal(s) disappeared.
- Analyst(s) abstained: Value Analyst.
Analyst-level changes:
- Value Analyst abstained (was neutral at 52).
Comparing 2026-09-05 to 2026-09-06 (1 day apart).
Technical Analysis
RSI (14)
65.0
Neutral
MACD Histogram
1.468
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Lh Ll
Support
$43.84
Resistance
$140.64
Bollinger %B
1.01
Above Upper Band
Price vs Moving Averages
EMA 9
$85.06
Above
EMA 21
$86.87
Above
EMA 50
$92.49
Above
EMA 200
$78.17
Above
Fundamental Analysis
Valuation
67
Growth
48
Profitability
3
Financial Health
52
Cash Flow
15
Valuation
P/E Ratio
-17.6×
P/B Ratio
8.03×
PEG Ratio
0.17
Dividend Yield
0.00%
52W High
$140.80
52W Low
$25.45
Quality & Growth
ROE
-1590.4%
ROA
-821.2%
Gross Margin
2525.8%
Operating Margin
-3110.4%
Revenue Growth YoY
—
Debt / Equity
0.31
AI Fundamental Assessment
P/E ratio of -17.6 (inexpensive relative to a 15-40x range); Price-to-book of 8.0x; PEG ratio of 0.2 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -15.9%; Return on assets of -8.2%; Net margin of -188.5%; Gross margin of 25.3%; Current ratio of 0.86 (tight short-term liquidity); Debt-to-equity of 0.31; Free cash flow per share is negative (-6.84); Most recent quarter beat estimates by 25.1%; EPS growth accelerating (-135.1% -> +78.4% QoQ); Analyst estimates falling over recent quarters
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