What's Going On With Bitcoin Miner Hut 8's Stock After Earnings?
What's Going On With Bitcoin Miner Hut 8's Stock After Earnings?
Hut 8 Corp. (NASDAQ:HUT) shares are trading higher Wednesday. The company reported its second-quarter financial results before Tuesday's opening bell. Here's a look at the details from the report.
Hut 8 Corp. (纳斯达克:HUT) 股票周三上涨。公司在周二开盘前公布了其第二季度财务报告。以下是报告的详细信息。
The Details:
细节:
Hut 8 reported quarterly revenue of $35.22 million, missing the $65.47 million estimate by a wide margin. Quarterly losses of 78 cents per share also missed the estimate of losses of 3 cents per share.
Hut 8 报告季度营业收入为 3522 万美元,远低于 6547 万美元的预期。每股 78 美分的季度亏损也低于每股 3 美分的预期亏损。
Hut said 279 Bitcoin (CRYPTO: BTC) were mined in the second quarter, versus 740 Bitcoin mined in the same period last year, and the weighted average cost to mine one Bitcoin was $26,232. The company owned approximately 49,400 miners totaling approximately 4.8 exahash per second (EH/s), as of June 30, 2024.
Hut 表示在第二季度挖掘了279个比特币(加密货币:比特币),而去年同期挖掘了 740个比特币,挖掘一枚比特币的加权平均成本为 26,232 美元。截至2024年6月30日,公司拥有约 49,400 台矿机,总算力约为 4.8 艾哈希每秒(EH/s)。
"Our results this quarter reflect the ambitious restructuring program we set in motion six months ago," said Asher Genoot, CEO of Hut 8. "Despite the network halving, gross margins in our Digital Assets Mining segment rose to 46% for the three months ended June 30, 2024 from 34% in the prior year period. Restructuring and optimization initiatives, together with the energization of Salt Creek, enabled a 21% reduction in our energy cost per kilowatt-hour from $0.040 in Q1 2024 to $0.032 in Q2 2024."
Hut 8 的总裁 Asher Genoot 表示:“这个季度的业绩反映了我们六个月前启动的雄心勃勃的重组计划。尽管网络的释放,我们数字资产挖掘业务的毛利率在截至2024年6月30日的三个月中从前一年同期的34%上升到46%。重组和优化措施以及 Salt Creek 的激活使我们每千瓦时的能源成本从2024年第一季度的0.040美元降至2024年第二季度的0.032美元,实现了21%的降低。”
HC Wainwright & Co. analyst Mike Colonnese upgraded Hut 8 from Sell to Buy and raised the price target on the stock from $7.50 to $13.50 following the print. Needham analyst John Todaro reiterated a Buy rating and $15 price target.
HC Wainwright & Co. 分析师 Mike Colonnese 将 Hut 8 的评级从卖出升级至买入,并将股票的价格目标从 7.50 美元提高到 13.50 美元。Needham 分析师 John Todaro 重申买入评级和15美元的价格目标。
According to data from Benzinga Pro, Hut 8 shares are trading below the stock's 50-day moving average of $14.13 and 14.75% of shares are being sold short.
根据Benzinga Pro的数据,Hut 8的股票价格低于50天移动平均线的14.13美元,并且14.75%的股票被做空。
Will HUT Stock Go Up?
HUT股票会上涨吗?
When trying to assess whether or not Hut 8 will trade higher from current levels, it's a good idea to take a look at analyst forecasts.
在试图评估Hut 8是否会从当前水平上涨时,查看分析师的预测是一个不错的主意。
Wall Street analysts have an average 12-month price target of $13.63 on Hut 8. The Street high target is currently at $22 and the Street low target is $7.50. Of all the analysts covering Hut 8, 13 have positive ratings, no one has neutral ratings and 2 have negative ratings.
华尔街分析师对Hut 8的平均12个月价格目标为13.63美元。街头最高目标目前为22美元,街头最低目标为7.50美元。覆盖Hut 8的所有分析师中,有13个给出正面评级,没有任何一个给出中性评级,有2个给出负面评级。
In the last month, 3 analysts have adjusted price targets. Here's a look at recent price target changes [Analyst Ratings]. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering Hut 8 have performed in recent history.
在过去的一个月中,有3名分析师调整了价格目标。以下是最近的价格目标变化[分析师评级]。Benzinga还跟踪华尔街最准确的分析师。了解一下覆盖Hut 8的分析师的最近业绩。
Stocks don't move in a straight line. The average stock market return is approximately 10% per year. Hut 8 is 11.35% down year-to-date. The average analyst price target suggests the stock could have further upside ahead.
股票不会一直上涨,平均股市回报率约为每年10%。到目前为止,Hut 8的年初至今下跌了11.35%。平均分析师价格目标表明该股票有进一步上涨的空间。
For a broad overview of everything you need to know about Hut 8, visit here. If you want to go above and beyond, there's no better tool to help you do just that than Benzinga Pro. Start your free trial today.
如果您想了解有关Hut 8的一切,您可以在此处获得广泛的概述。如果您想超越这些,那么没有比Benzinga Pro更好的工具可以帮助您做到这一点。立即开始免费试用。
HUT Price Action: According to Benzinga Pro, Hut 8 shares are up 3.47% at $11.34 at the time of publication Wednesday.
据Benzinga Pro称,Hut 8的股票价格于周三发稿时上涨3.47%,为11.34美元。
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Image: u_6af2f287zu from Pixabay
图片:来自Pixabay的u_6af2f287zu