Hut 8 (HUT) Competitors $23.46 +2.09 (+9.76%) As of 03:27 PM Eastern This is a fair market value price provided by Polygon.io. Learn more. Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock HUT vs. BITF, BTBT, CLSK, COIN, HIVE, IREN, MARA, MSTR, RIOT, and SSBShould you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Bitfarms (BITF), Bit Digital (BTBT), Cleanspark (CLSK), Coinbase Global (COIN), HIVE Digital Technologies (HIVE), IREN (IREN), Marathon Digital (MARA), MicroStrategy (MSTR), Riot Platforms (RIOT), and SouthState (SSB). Hut 8 vs. Its Competitors Bitfarms Bit Digital Cleanspark Coinbase Global HIVE Digital Technologies IREN Marathon Digital MicroStrategy Riot Platforms SouthState Bitfarms (NASDAQ:BITF) and Hut 8 (NASDAQ:HUT) are both banking companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, risk, institutional ownership, dividends, earnings, analyst recommendations, media sentiment and profitability. Do analysts prefer BITF or HUT? Bitfarms currently has a consensus target price of $3.95, suggesting a potential upside of 207.39%. Hut 8 has a consensus target price of $26.94, suggesting a potential upside of 16.10%. Given Bitfarms' higher probable upside, equities analysts plainly believe Bitfarms is more favorable than Hut 8.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Bitfarms 0 Sell rating(s) 0 Hold rating(s) 5 Buy rating(s) 0 Strong Buy rating(s) 3.00Hut 8 0 Sell rating(s) 0 Hold rating(s) 15 Buy rating(s) 4 Strong Buy rating(s) 3.21 Which has higher earnings & valuation, BITF or HUT? Hut 8 has lower revenue, but higher earnings than Bitfarms. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioBitfarms$192.88M3.71-$94.78M-$0.17-7.56Hut 8$162.38M15.08$331.88MN/AN/A Does the media favor BITF or HUT? In the previous week, Bitfarms had 16 more articles in the media than Hut 8. MarketBeat recorded 22 mentions for Bitfarms and 6 mentions for Hut 8. Bitfarms' average media sentiment score of 0.89 beat Hut 8's score of 0.82 indicating that Bitfarms is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Bitfarms 8 Very Positive mention(s) 1 Positive mention(s) 5 Neutral mention(s) 0 Negative mention(s) 1 Very Negative mention(s) Positive Hut 8 3 Very Positive mention(s) 1 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Is BITF or HUT more profitable? Hut 8 has a net margin of 112.81% compared to Bitfarms' net margin of -35.09%. Hut 8's return on equity of 8.73% beat Bitfarms' return on equity.Company Net Margins Return on Equity Return on Assets Bitfarms-35.09% -9.86% -8.44% Hut 8 112.81%8.73%5.72% Which has more volatility and risk, BITF or HUT? Bitfarms has a beta of 3.5, suggesting that its share price is 250% more volatile than the S&P 500. Comparatively, Hut 8 has a beta of 4.32, suggesting that its share price is 332% more volatile than the S&P 500. Do institutionals & insiders hold more shares of BITF or HUT? 20.6% of Bitfarms shares are held by institutional investors. Comparatively, 31.8% of Hut 8 shares are held by institutional investors. 9.5% of Bitfarms shares are held by company insiders. Comparatively, 11.2% of Hut 8 shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term. SummaryHut 8 beats Bitfarms on 11 of the 15 factors compared between the two stocks. 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. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding HUT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?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 Export to ExcelMetricHut 8FIN IndustryFinance SectorNASDAQ ExchangeMarket Cap$2.45B$7.83B$12.64B$9.75BDividend YieldN/A4.80%5.52%4.09%P/E RatioN/A17.7119.3525.96Price / Sales15.087.0826.99120.82Price / Cash20.5724.3021.7858.38Price / Book1.764.702.356.37Net Income$331.88M$311.02M$1.01B$265.56M7 Day Performance-0.49%1.19%1.64%1.79%1 Month Performance8.44%-1.26%1.45%1.13%1 Year Performance102.67%32.40%542.79%21.04% Hut 8 Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)HUTHut 82.0541 of 5 stars$23.46+9.8%$26.94+14.9%+75.3%$2.46B$162.38M0.00219Analyst ForecastBITFBitfarms2.275 of 5 stars$1.38+9.5%$3.95+186.2%-48.3%$769.42M$192.88M-8.12110Gap DownHigh Trading VolumeBTBTBit Digital2.905 of 5 stars$2.94-2.3%$6.33+115.4%-27.3%$940.68M$108.05M-9.4810Trending NewsAnalyst RevisionCLSKCleanspark4.5122 of 5 stars$9.84+0.9%$20.47+108.1%-24.8%$2.77B$378.97M11.58130COINCoinbase Global4.0296 of 5 stars$320.73+1.0%$352.72+10.0%+45.6%$82.41B$6.56B31.023,772Trending NewsAnalyst RevisionHIVEHIVE Digital Technologies2.9661 of 5 stars$2.37+6.8%$6.67+181.3%-29.6%$543.54M$115.28M-11.8520News CoverageAnalyst ForecastAnalyst RevisionGap DownIRENIREN2.3233 of 5 stars$20.70+5.1%$20.89+0.9%+125.7%$3.89B$188.76M0.00100Upcoming EarningsMARAMarathon Digital3.7707 of 5 stars$16.09+2.7%$24.22+50.5%-12.0%$5.96B$656.38M14.509Insider TradeShort Interest ↑MSTRMicroStrategy4.8183 of 5 stars$363.60-0.7%$552.50+52.0%+138.7%$103.10B$463.46M32.011,534Trending NewsRIOTRiot Platforms3.2685 of 5 stars$12.32+8.7%$17.33+40.6%+46.9%$4.55B$376.66M-28.65340SSBSouthState2.0072 of 5 stars$95.95+0.6%N/AN/A$9.71B$2.12B14.304,986Positive News Related Companies and Tools Related Companies BITF Alternatives BTBT Alternatives CLSK Alternatives COIN Alternatives HIVE Alternatives IREN Alternatives MARA Alternatives MSTR Alternatives RIOT Alternatives SSB Alternatives Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (NASDAQ:HUT) was last updated on 8/22/2025 by MarketBeat.com Staff From Our PartnersSilver’s Still Under $35… For Now.Silver is trading around $33—but insiders are betting on a $70 breakout by year’s end. 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