Hut 8 (HUT) Competitors C$15.49 +0.13 (+0.85%) As of 04/17/2025 04:00 PM Eastern Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesBuy This Stock HUT vs. BLX, SII, PTS, WED, VBNK, BITF, ML, WFC, GRN, and CAREShould you be buying Hut 8 stock or one of its competitors? The main competitors of Hut 8 include Boralex (BLX), Sprott (SII), Points.com (PTS), Westaim (WED), VersaBank (VBNK), Bitfarms (BITF), Millennial Lithium (ML), Wall Financial (WFC), Greenlane Renewables Inc. (GRN.V) (GRN), and Dialogue Health Technologies (CARE). These companies are all part of the "banking" industry. Hut 8 vs. Boralex Sprott Points.com Westaim VersaBank Bitfarms Millennial Lithium Wall Financial Greenlane Renewables Inc. (GRN.V) Dialogue Health Technologies Hut 8 (TSE:HUT) and Boralex (TSE:BLX) are both financial services companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, earnings, institutional ownership, analyst recommendations, valuation, profitability, community ranking, risk and media sentiment. Is HUT or BLX more profitable? Hut 8 has a net margin of 135.55% compared to Boralex's net margin of 7.55%. Hut 8's return on equity of 40.91% beat Boralex's return on equity.Company Net Margins Return on Equity Return on Assets Hut 8135.55% 40.91% -4.25% Boralex 7.55%4.29%2.54% Do analysts prefer HUT or BLX? Boralex has a consensus price target of C$40.25, indicating a potential upside of 36.72%. Given Boralex's higher probable upside, analysts plainly believe Boralex is more favorable than Hut 8.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Hut 8 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 5 Strong Buy rating(s) 4.00Boralex 0 Sell rating(s) 1 Hold rating(s) 3 Buy rating(s) 2 Strong Buy rating(s) 3.17 Do insiders & institutionals believe in HUT or BLX? 57.2% of Hut 8 shares are held by institutional investors. Comparatively, 58.3% of Boralex shares are held by institutional investors. 60.2% of Hut 8 shares are held by insiders. Comparatively, 0.2% of Boralex shares are held by 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. Which has better earnings & valuation, HUT or BLX? Hut 8 has higher earnings, but lower revenue than Boralex. Hut 8 is trading at a lower price-to-earnings ratio than Boralex, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioHut 8C$142.55M7.23C$193.22MC$4.093.79BoralexC$952.11M3.22C$71.91MC$0.6843.16 Does the MarketBeat Community believe in HUT or BLX? Boralex received 379 more outperform votes than Hut 8 when rated by MarketBeat users. However, 75.00% of users gave Hut 8 an outperform vote while only 62.64% of users gave Boralex an outperform vote. CompanyUnderperformOutperformHut 8Outperform Votes1575.00% Underperform Votes525.00% BoralexOutperform Votes39462.64% Underperform Votes23537.36% Which has more volatility & risk, HUT or BLX? Hut 8 has a beta of 3.45, indicating that its share price is 245% more volatile than the S&P 500. Comparatively, Boralex has a beta of 0.46, indicating that its share price is 54% less volatile than the S&P 500. Does the media prefer HUT or BLX? In the previous week, Hut 8 and Hut 8 both had 6 articles in the media. Hut 8's average media sentiment score of 0.89 beat Boralex's score of 0.30 indicating that Hut 8 is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Hut 8 2 Very Positive mention(s) 2 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Boralex 2 Very Positive mention(s) 0 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Neutral SummaryHut 8 beats Boralex on 11 of the 18 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 {thisCompany.Symbol} 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 TSE 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 8Capital Markets IndustryFinancial SectorTSE ExchangeMarket CapC$1.03BC$628.57MC$3.66BC$5.52BDividend YieldN/A3.90%4.20%6.83%P/E Ratio3.7927.6114.0129.92Price / Sales7.23136.471,657.54567.99Price / Cash7.8611.8250.1983.20Price / Book1.532.463.333.53Net IncomeC$193.22MC$126.27MC$1.23BC$300.83M7 Day Performance-8.18%0.21%2.01%3.56%1 Month Performance-10.36%-7.11%0.62%-2.60%1 Year Performance42.90%6.46%9.70%11.55% Hut 8 Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)HUTHut 8N/AC$15.49+0.8%N/A+50.8%C$1.03BC$142.55M3.79219News CoverageGap UpBLXBoralex2.1736 of 5 starsC$29.12+2.4%C$40.25+38.2%+11.0%C$3.03BC$952.11M42.69180SIISprott0.8417 of 5 starsC$66.58+1.2%C$69.75+4.8%+33.1%C$1.19BC$114.38M25.95170Positive NewsPTSPoints.comN/AN/AN/AN/AC$480.57MC$432.40M169.26240,000WEDWestaim0.1499 of 5 starsC$30.37+2.7%C$7.75-74.5%+717.1%C$448.69MC$10.20M68.713,240Positive NewsVBNKVersaBankN/AC$13.33+2.5%C$17.00+27.5%+11.2%C$431.37MC$248.46M8.67100BITFBitfarms2.4421 of 5 starsC$1.14+1.8%C$3.75+228.9%-53.0%C$399.82MC$159.92M-2.57110Gap UpMLMillennial LithiumN/AC$4.04+2.0%N/A+0.0%C$395.36MN/A-20.20560Gap DownWFCWall FinancialN/AC$12.01+0.1%N/A-46.3%C$385.47MC$193.65M15.52238,000GRNGreenlane Renewables Inc. (GRN.V)0.062 of 5 starsC$2.78+16.3%C$0.05-98.2%+0.0%C$368.17MC$16.93M-102.9649Positive NewsGap UpCAREDialogue Health TechnologiesN/AN/AN/AN/AC$345.36MC$95.88M-17.13730 Related Companies and Tools Related Companies Boralex Alternatives Sprott Alternatives Points.com Alternatives Westaim Alternatives VersaBank Alternatives Bitfarms Alternatives Millennial Lithium Alternatives Wall Financial Alternatives Greenlane Renewables Inc. (GRN.V) Alternatives Dialogue Health Technologies 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 (TSE:HUT) was last updated on 4/18/2025 by MarketBeat.com Staff From Our PartnersElon Reveals Why There Soon Won’t Be Any Money For Social SecurityElon Musk's Near-Death Experience Sparks Dire Warning for Americans After cheating death twice—once in a te...Colonial Metals | SponsoredTrump’s Secret WeaponHave you looked at the stock market recently? 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