Hut 8 (HUT) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- -$0.67
- Estimate
- -$1.21
- Surprise
- +44.3%
- Revenue (period 2026-09-30)
- $71.1M
- Score today
- 4.7/10
Revenue source: xbrl.
How the report landed
Hut 8 (HUT) reported a narrower loss than forecast — adjusted EPS of -$0.67 against the -$1.21 estimate (a 44.3% beat on a still-unprofitable quarter).
Coverage in the report window
- Hut 8 Reports Q3 2026 Financial Results and Expands Stock Repurchase Program — fiscal.ai, 2026-11-04
- Hut 8 Stock Sinks After Democratic Midterm Wins — benzinga, 2026-11-04
- 12 Information Technology Stocks Moving In Wednesday's Intraday Session — benzinga, 2026-11-04
Where TrendMatrix's rating stands now
TrendMatrix currently rates HUT Sell at 4.7/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's +44.3% surprise compares with a -495.9% four-quarter average.
What argues against it
- DATA_ISSUE: analyst_target_implausible (raw $148.48 vs price $48.94 — ratio 3.0×). Rejected, falling back to technical TP.
- Quality below floor (3.4 < 4.0)
- Momentum score 3.3/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $48.94
- Price target
- $85.62
- Stop
- $47.03
- Upside to target
- +74.9%
Risk check: trading volume is running 2.0× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.
HUT at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Capital Markets
- Market cap
- $6.03B
- P/E (fwd)
- -9.5
- 52-week range
- $31.67–$140.80
- Off 52-week high
- 65.2%
- RSI (14)
- 30
- Volume vs avg
- 2.01×
- Score today
- 4.7/10