Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Hut 8 Corp. (HUT)
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-11-04
$45.95-6.11%
Close 2026-11-05 · 1-day change
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
Matching fiscal periods, usable estimates and at least one analyst are required.
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
The calculation requires same-period, same-provider snapshots, positive EPS, at least one analyst and a baseline within three days of the requested lookback.
The EPS and P/E reference is not available for HUT yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Share buyback program supports shareholder value | Management focuses on execution and announced a share buyback. | Intact | buyback program cancelled or materially reduced in 2026 | Buyback authorization expanded to $1.0B vs active program target Hut 8 expanded buyback authorization to $1.0B in Nov 2026, reinforcing the active shareholder value driver. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earningsObserved price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a speculative growth and infrastructure-development story, not a proven durable compounder. The long-term thesis is in a watch state: recent signals improved from mixed to mildly favorable, but financial performance remains weak and management execution is volatile.
The valuation model shows HUT at a premium to peers, with optionality, or value tied to possible future opportunities, driving the gap. The expectations gap is negative, but model confidence is low; the priced-in assessment is tagged justified and fragility is low, so the evidence on what the market assumes is limited.
Near term, results may remain uneven: the company is loss-making, recent performance is weak, and earnings surprises have been erratic, though the latest event was an earnings beat. Over the multi-year view, contracted AI capacity and financing progress support growth, but delivery is still mixed; River Bend’s first data hall is targeted for Q2 2027.
The thesis hinges on delivering contracted data-center capacity and converting construction progress into operating assets, while managing debt and capital allocation. A guidance cut would be a meaningful negative; the snapshot also flags rates and broader Financials-sector earnings as swing factors, though it does not explain their connection to HUT’s business.
Over the next 1 to 3 years, HUT’s case rests on execution in AI data centers and financing, against a backdrop of weak financial performance, volatile management signals, and elevated risk. Evidence is mixed and valuation-model confidence is low. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| A supporting condition in Hut 8 Corp.'s published investment case. The stated target is no material worsening of debt or litigation status in 2026. |
| Intact |
| new significant litigation or debt default in 2026 |
No default or new litigation; $1.07B facility closed HUT closed a $1.07B revolving credit facility and reported settlement news, with no evidence of debt default or new material litigation. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Management executes on 2026 growth focus | Management focuses on execution and announced a share buyback. | Improving | failure to advance key growth projects or repeated guidance cuts in 2026 | Qualitative: 700MW Beacon Point Q1'27 + $35B Anthropic deal vs 2026 growth target HUT confirmed 700MW Beacon Point timeline, secured $35B Anthropic deal, and closed $1.07B credit facility. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue reaches at least $235 million in 2026 | A primary condition in Hut 8 Corp.'s published investment case. The stated target is >= $235 million. | Intact | revenue falls below $235 million in FY26 | Revenue: $71.071M FY2026-Q3; GAAP. Published target: >= $235 million. Annual target cannot be compared with a quarterly or TTM observation. Nov 4, 202671,071,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$-1.97 → $-3.93 · observed estimates
$0.62B → $0.58B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $-1.97 | $616,015,129 | 4 / 9 |
| 2026-07-25 | $-2.51 | $614,250,200 | 3 / 14 |
| 2026-07-26 | $-2.51 | $614,250,200 | 3 / 14 |
| 2026-07-27 | $-2.51 | $614,250,200 | 3 / 14 |
| 2026-07-28 | $-2.36 | $601,738,856 | 4 / 10 |
| 2026-07-29 | $-2.51 | $614,250,200 | 3 / 14 |
| 2026-07-30 | $-2.51 | $614,250,200 | 3 / 14 |
| 2026-07-31 | $-2.51 | $614,250,200 | 3 / 14 |
| 2026-08-01 | $-2.36 | $601,738,856 | 5 / 10 |
| 2026-08-02 | $-2.49 | $614,907,350 | 3 / 14 |
| 2026-08-03 | $-2.49 | $614,907,350 | 3 / 14 |
| 2026-08-04 | $-2.49 | $614,907,350 | 3 / 14 |
| 2026-08-05 | $-2.49 | $608,743,060 | 3 / 14 |
| 2026-08-06 | $-2.49 | $608,743,060 | 3 / 14 |
| 2026-08-07 | $-3.09 | $571,105,851 | 5 / 10 |
| 2026-08-08 | $-3.09 | $571,105,851 | 5 / 10 |
| 2026-08-09 | $-3.09 | $571,105,851 | 5 / 10 |
| 2026-08-10 | $-5.65 | $610,731,830 | 4 / 14 |
| 2026-08-12 | $-3.09 | $571,105,851 | 5 / 10 |
| 2026-08-13 | $-3.09 | $571,105,851 | 5 / 10 |
| 2026-08-14 | $-3.09 | $571,105,851 | 5 / 10 |
| 2026-08-15 | $-3.09 | $571,105,851 | 6 / 10 |
| 2026-08-16 | $-3.09 | $571,105,851 | 6 / 10 |
| 2026-08-17 | $-3.09 | $571,105,851 | 6 / 10 |
| 2026-08-18 | $-3.09 | $571,105,851 | 6 / 10 |
| 2026-08-19 | $-3.09 | $571,105,851 | 6 / 10 |
| 2026-08-20 | $-3.57 | $556,757,405 | 6 / 10 |
| 2026-08-21 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-08-22 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-08-23 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-08-24 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-08-25 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-08-26 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-08-27 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-08-28 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-08-29 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-08-30 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-08-31 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-01 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-02 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-03 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-04 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-05 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-06 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-07 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-08 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-09 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-10 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-11 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-12 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-13 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-14 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-15 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-16 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-17 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-18 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-19 | $-3.57 | $556,757,405 | 6 / 11 |
| 2026-09-20 | $-3.74 | $580,097,165 | 6 / 11 |
| 2026-09-21 | $-3.74 | $580,097,165 | 6 / 11 |
| 2026-09-22 | $-3.75 | $580,434,930 | 7 / 11 |
| 2026-09-23 | $-3.89 | $582,545,281 | 7 / 11 |
| 2026-09-24 | $-3.89 | $582,545,281 | 7 / 11 |
| 2026-09-25 | $-3.89 | $582,545,281 | 8 / 12 |
| 2026-09-26 | $-3.91 | $580,292,766 | 8 / 12 |
| 2026-09-27 | $-3.91 | $580,292,766 | 8 / 12 |
| 2026-09-28 | $-3.91 | $580,292,766 | 8 / 12 |
| 2026-09-29 | $-3.91 | $580,292,766 | 8 / 12 |
| 2026-09-30 | $-3.91 | $580,292,766 | 8 / 12 |
| 2026-10-01 | $-4.08 | $561,714,860 | 8 / 12 |
| 2026-10-02 | $-4.08 | $561,714,860 | 8 / 12 |
| 2026-10-03 | $-4.08 | $561,714,860 | 8 / 12 |
| 2026-10-04 | $-4.08 | $561,714,860 | 8 / 12 |
| 2026-10-05 | $-4.08 | $561,714,860 | 8 / 12 |
| 2026-10-06 | $-4.08 | $561,714,860 | 8 / 12 |
| 2026-10-07 | $-4.08 | $561,714,860 | 8 / 12 |
| 2026-10-08 | $-4.08 | $561,714,866 | 8 / 13 |
| 2026-10-09 | $-4.00 | $568,871,978 | 9 / 13 |
| 2026-10-10 | $-4.00 | $568,871,978 | 9 / 13 |
| 2026-10-11 | $-4.00 | $568,871,978 | 9 / 13 |
| 2026-10-12 | $-4.00 | $568,871,978 | 9 / 13 |
| 2026-10-13 | $-4.00 | $573,198,294 | 9 / 13 |
| 2026-10-14 | $-4.00 | $573,198,294 | 9 / 13 |
| 2026-10-15 | $-4.00 | $573,198,294 | 9 / 13 |
| 2026-10-16 | $-4.00 | $573,198,294 | 9 / 13 |
| 2026-10-17 | $-4.00 | $573,198,294 | 9 / 13 |
| 2026-10-18 | $-4.08 | $573,198,294 | 9 / 13 |
| 2026-10-19 | $-4.08 | $573,198,294 | 9 / 13 |
| 2026-10-20 | $-4.08 | $573,198,294 | 9 / 13 |
| 2026-10-21 | $-4.03 | $580,035,136 | 9 / 13 |
| 2026-10-22 | $-4.03 | $580,035,136 | 9 / 13 |
| 2026-10-23 | $-4.03 | $580,035,136 | 9 / 13 |
| 2026-10-24 | $-4.01 | $583,659,510 | 9 / 13 |
| 2026-10-25 | $-4.01 | $583,659,510 | 9 / 13 |
| 2026-10-26 | $-4.01 | $583,659,510 | 9 / 13 |
| 2026-10-27 | $-4.01 | $583,659,510 | 9 / 13 |
| 2026-10-28 | $-4.01 | $583,659,510 | 9 / 13 |
| 2026-10-29 | $-3.93 | $580,948,984 | 9 / 13 |
| 2026-10-30 | $-3.93 | $580,948,984 | 9 / 13 |
| 2026-10-31 | $-3.93 | $580,948,984 | 9 / 13 |
| 2026-11-01 | $-3.93 | $580,948,984 | 9 / 13 |
| 2026-11-02 | $-3.93 | $580,948,984 | 9 / 13 |
| 2026-11-03 | $-3.93 | $575,838,457 | 9 / 13 |
| 2026-11-04 | $-3.93 | $575,838,457 | 9 / 13 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 22 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 5 recorded
1 raises · 1 cuts · 0 unchanged · 1 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
1 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.