Sifting through countless of stocks in the Software industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Hut 8 Corp., Riot Platforms or Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Hut 8 Corp., Riot Platforms and Inc. compare based on key financial metrics to determine which better meets your investment needs.

About Hut 8 Corp., Riot Platforms and Inc.

Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services. It also engages in the operation of compute infrastructure; and provision, hosting, monitoring, troubleshooting, repair, maintenance, and sale of mining equipment. In addition, the company offers Bitcoin mining; data center and cloud infrastructure services, including colocation services; and ASIC compute, traditional cloud, and AI cloud services. Hut 8 Corp. was founded in 2020 and is based in Miami, Florida.

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. It operates in two segments, Bitcoin Mining and Engineering. The company offers comprehensive and critical infrastructure for bitcoin mining and data center services at its facilities. The company also designs and manufactures power distribution equipment and engineered-to-order electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale industrial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.

Latest Software and Hut 8 Corp., Riot Platforms, Inc. Stock News

As of May 20, 2026, Hut 8 Corp. had a $10.9 billion market capitalization, compared to the Software median of $1.0 million. Hut 8 Corp.’s stock is up 123.5% in 2026, down 6.1% in the previous five trading days and up 462.09% in the past year.

Currently, Hut 8 Corp. does not have a price-earnings ratio. Hut 8 Corp.’s trailing 12-month revenue is $284.3 million with a -109.8% net profit margin. Year-over-year quarterly sales growth most recently was 225.7%. Analysts expect adjusted earnings to reach $0.590 per share for the current fiscal year. Hut 8 Corp. does not currently pay a dividend.

As of May 20, 2026, Riot Platforms, Inc. had a $9.0 billion market cap, putting it in the 76th percentile of all stocks. Riot Platforms, Inc.’s stock is up 93.3% in 2026, down 0.5% in the previous five trading days and up 163.88% in the past year.

Currently, Riot Platforms, Inc. does not have a price-earnings ratio. Riot Platforms, Inc.’s trailing 12-month revenue is $653.3 million with a -132.8% net profit margin. Year-over-year quarterly sales growth most recently was 3.6%. Analysts expect adjusted earnings to reach $-1.090 per share for the current fiscal year. Riot Platforms, Inc. does not currently pay a dividend.

How We Compare Hut 8 Corp., Riot Platforms and Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Hut 8 Corp., Riot Platforms and Inc.’s stock grades to see how they measure up against one another.

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Hut 8 Corp., Riot Platforms and Inc.’s Quality Grades

Company	Ticker	Quality
Hut 8 Corp.	HUT	F
Riot Platforms, Inc.	RIOT	F

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Hut 8 Corp. has a Quality Score of 18, which is Very Weak. Riot Platforms, Inc. has a Quality Score of 19, which is Very Weak.

The Quality Stock Winner: No Clear Winner

Neither Hut 8 Corp., Riot Platforms or Inc. has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Hut 8 Corp., Riot Platforms or Inc. is the better investment when it comes to quality.

Hut 8 Corp., Riot Platforms and Inc.’s Momentum Grades

Company	Ticker	Momentum
Hut 8 Corp.	HUT	A
Riot Platforms, Inc.	RIOT	A

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Hut 8 Corp. has a Momentum Score of 97, which is Very Strong. Riot Platforms, Inc. has a Momentum Score of 93, which is Very Strong.

The Momentum Grade Winner: It’s a Tie!

Looking at the Momentum Grade breakdown above, both Hut 8 Corp., Riot Platforms and Inc. have a grade of A. For those who focus solely on a company’s momentum, further research will need to be conducted into both companies to see if they fit your individual needs as an investor.

Hut 8 Corp., Riot Platforms and Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Hut 8 Corp.	HUT	C
Riot Platforms, Inc.	RIOT	F

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Hut 8 Corp. has a Earnings Estimate Score of 60, which is Neutral. Riot Platforms, Inc. has a Earnings Estimate Score of 10, which is Very Negative.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither Hut 8 Corp., Riot Platforms or Inc. has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Hut 8 Corp., Riot Platforms or Inc. is the better investment when it comes to estimate revisions.

Other Hut 8 Corp., Riot Platforms and Inc. Grades

In addition to Estimate Revisions, Quality and Momentum, A+ Investor also provides grades for Value and Growth.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Hut 8 Corp., Riot Platforms and Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Hut 8 Corp., Riot Platforms or Inc. Stock?

Overall, Hut 8 Corp. stock has a Momentum Score of 97, Estimate Revisions Score of 60 and Quality Score of 18.

Riot Platforms, Inc. stock has a Momentum Score of 93, Estimate Revisions Score of 10 and Quality Score of 19.

Comparing Hut 8 Corp., Riot Platforms and Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.