Free Trial

Hut 8 (HUT) Competitors

Hut 8 logo
$13.66 -0.29 (-2.08%)
Closing price 04:00 PM Eastern
Extended Trading
$13.68 +0.02 (+0.11%)
As of 05:25 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

HUT vs. UPST, SFBS, HWC, IFS, BBAR, ASB, AX, EBC, AVAL, and UCB

Should you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Upstart (UPST), ServisFirst Bancshares (SFBS), Hancock Whitney (HWC), Intercorp Financial Services (IFS), Banco BBVA Argentina (BBAR), Associated Banc (ASB), Axos Financial (AX), Eastern Bankshares (EBC), Grupo Aval Acciones y Valores (AVAL), and United Community Banks (UCB). These companies are all part of the "banking" industry.

Hut 8 vs.

Upstart (NASDAQ:UPST) and Hut 8 (NASDAQ:HUT) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, dividends, analyst recommendations, institutional ownership, risk, media sentiment, profitability, earnings and valuation.

Upstart has higher earnings, but lower revenue than Hut 8.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Upstart$628.83M8.06-$128.58M-$1.46-37.05
Hut 8$671.72M1.90-$186.77MN/AN/A

In the previous week, Upstart had 1 more articles in the media than Hut 8. MarketBeat recorded 5 mentions for Upstart and 4 mentions for Hut 8. Hut 8's average media sentiment score of 1.05 beat Upstart's score of 0.19 indicating that Hut 8 is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Upstart
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hut 8
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Upstart currently has a consensus price target of $73.38, indicating a potential upside of 35.68%. Hut 8 has a consensus price target of $29.89, indicating a potential upside of 119.53%. Given Hut 8's stronger consensus rating and higher possible upside, analysts clearly believe Hut 8 is more favorable than Upstart.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Upstart
2 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.21
Hut 8
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
3.00

Upstart received 1 more outperform votes than Hut 8 when rated by MarketBeat users. However, 75.68% of users gave Hut 8 an outperform vote while only 32.20% of users gave Upstart an outperform vote.

CompanyUnderperformOutperform
UpstartOutperform Votes
57
32.20%
Underperform Votes
120
67.80%
Hut 8Outperform Votes
56
75.68%
Underperform Votes
18
24.32%

Hut 8 has a net margin of 0.00% compared to Upstart's net margin of -20.20%. Hut 8's return on equity of 0.00% beat Upstart's return on equity.

Company Net Margins Return on Equity Return on Assets
Upstart-20.20% -25.87% -7.95%
Hut 8 N/A N/A N/A

Upstart has a beta of 2.25, meaning that its stock price is 125% more volatile than the S&P 500. Comparatively, Hut 8 has a beta of 4.37, meaning that its stock price is 337% more volatile than the S&P 500.

63.0% of Upstart shares are owned by institutional investors. Comparatively, 31.8% of Hut 8 shares are owned by institutional investors. 18.1% of Upstart shares are owned by company insiders. Comparatively, 12.0% of Hut 8 shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Hut 8 beats Upstart on 10 of the 16 factors compared between the two stocks.

Remove Ads
Get Hut 8 News Delivered to You Automatically

Sign up to receive the latest news and ratings for HUT and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

HUT vs. The Competition

MetricHut 8Nondepository credit institutions IndustryFinance SectorNASDAQ Exchange
Market Cap$1.28B$7.53B$11.46B$8.30B
Dividend YieldN/A4.21%5.57%4.02%
P/E RatioN/A16.8122.9319.31
Price / Sales1.9010.2325.7995.27
Price / Cash720.8842.1517.6134.64
Price / Book2.482.412.814.47
Net Income-$186.77M$524.31M$1.04B$247.07M
7 Day Performance12.80%24.50%1.75%3.22%
1 Month Performance-8.44%13.47%496.36%-2.69%
1 Year Performance44.84%19.80%540.26%4.64%

Hut 8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HUT
Hut 8
2.89 of 5 stars
$13.66
-2.1%
$29.89
+118.8%
+60.0%$1.28B$671.72M0.00219Positive News
UPST
Upstart
4.4738 of 5 stars
$49.99
+3.0%
$73.38
+46.8%
+112.1%$4.67B$628.83M-34.171,388News Coverage
SFBS
ServisFirst Bancshares
3.0611 of 5 stars
$83.02
-0.4%
$93.50
+12.6%
+32.0%$4.54B$477.66M19.98570
HWC
Hancock Whitney
4.515 of 5 stars
$51.41
+0.4%
$62.56
+21.7%
+25.7%$4.44B$1.44B9.753,630News Coverage
Positive News
IFS
Intercorp Financial Services
3.8045 of 5 stars
$33.63
+1.8%
$30.00
-10.8%
+25.4%$3.86B$6.47B11.167,380News Coverage
BBAR
Banco BBVA Argentina
4.739 of 5 stars
$18.42
-2.9%
$27.00
+46.6%
+124.5%$3.77B$3.56T9.625,850Positive News
Gap Up
ASB
Associated Banc
4.7666 of 5 stars
$22.23
+1.2%
$27.11
+22.0%
+12.9%$3.70B$1.03B28.164,000Analyst Forecast
News Coverage
Positive News
AX
Axos Financial
3.7182 of 5 stars
$63.55
-0.6%
$84.17
+32.4%
+28.4%$3.64B$1.20B8.561,340News Coverage
Positive News
EBC
Eastern Bankshares
4.2871 of 5 stars
$16.41
+0.8%
$20.25
+23.4%
+26.6%$3.49B$731.51M24.442,150Positive News
AVAL
Grupo Aval Acciones y Valores
4.1908 of 5 stars
$2.92
-3.8%
N/A+23.3%$3.48B$16.02T17.2474,036Positive News
UCB
United Community Banks
3.3477 of 5 stars
$28.59
+0.4%
$33.33
+16.6%
N/A$3.42B$930.04M14.043,070News Coverage
Remove Ads

Related Companies and Tools


This page (NASDAQ:HUT) was last updated on 3/25/2025 by MarketBeat.com Staff
From Our Partners