HUTFinancial Services · Capital MarketsThe 23 Wall Street analysts covering Hut 8 Corp. hold a median 12-month price target of $140 — +118.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 19 of 100 as at 22 Oct 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores Hut 8 Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Momentum (86): The shares have been drifting up relative to others.
Issuance (6): The company has been issuing shares or taking on financing, diluting existing holders.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on HUT, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +118.9% from it.
Of the 20 most recent actions, 2 moved their price target up and 4 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 20 Oct 2026 | Piper Sandler | Maintains | Overweight | $143 → $123 |
| 16 Oct 2026 | Cantor Fitzgerald | Maintains | Overweight | $180 → $151 |
| 12 Oct 2026 | Morgan Stanley | Maintains | Overweight | $273 → $275 |
| 8 Oct 2026 | Roth Capital | Reinstates | Buy | $108 |
| 7 Oct 2026 | Canaccord Genuity | Maintains | Buy | $130 |
| 7 Oct 2026 | Canaccord Genuity | Maintains | Buy | — |
| 23 Sept 2026 | UBS | Initiates | Buy | — |
| 23 Sept 2026 | UBS | Initiates | Buy | $143 |
| 21 Sept 2026 | Rothschild & Co | Initiates | Neutral | — |
| 21 Sept 2026 | Rothschild & Co | Initiates | Neutral | $96 |
| 17 Sept 2026 | Wells Fargo | Initiates | Overweight | $175 |
| 17 Sept 2026 | Wells Fargo | Initiates | Overweight | — |
| 6 Aug 2026 | Keefe, Bruyette & Woods | Maintains | Outperform | $157 → $154 |
| 6 Aug 2026 | Keefe, Bruyette & Woods | Maintains | Outperform | — |
| 6 Aug 2026 | Piper Sandler | Maintains | Overweight | $127 → $143 |
| 6 Aug 2026 | Piper Sandler | Maintains | Overweight | — |
| 5 Aug 2026 | Needham | Maintains | Buy | — |
| 5 Aug 2026 | Needham | Maintains | Buy | $145 → $138 |
| 5 Aug 2026 | Rosenblatt | Maintains | Buy | — |
| 5 Aug 2026 | Rosenblatt | Maintains | Buy | $124 |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
HUT appears in the Radar on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 22 Oct 2026, Hut 8 Corp. returned +64.7% against +15.6% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 25% of US stocks
Cheaper than 7% of US stocks
Cheaper than 15% of US stocks
Cheaper than 90% of US stocks
Higher than 91% of US stocks
Higher than 81% of US stocks
Higher than 77% of US stocks
Higher than 9% of US stocks
Higher than 3% of US stocks
Higher than 23% of US stocks
Higher than 27% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Hut 8 Corp. has a market value of $8.5B and an enterprise value of $16.3B.
Revenue in the twelve months to 30 June 2026: $318.0M. The latest quarter grew 81.4% year on year.
Net income over the same four quarters: −$681.4M, a −214.3% net margin.
Diluted earnings per share, trailing twelve months: $−5.36.
Free cash flow in the twelve months to 30 June 2026: −$1.3B, after $470.5M of capital spending.
Trailing P/E: 30.5×; forward P/E: −13.9× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Hut 8 Corp. employs 248 people — $1.3M of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Hut 8 Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Cryptocurrency mining stocks rose despite new Piper Sandler price target cuts, with Hut 8 and MARA each gaining 4%, while Riot was flat. The excerpt gives no further details on Hut 8’s trading price.
Why it matters — Hut 8 watchers may note the stock’s reported gain amid broader buying in cryptocurrency mining stocks despite analyst target cuts.
A firsthand tour of Hut 8’s 649-acre AI data center project in rural Louisiana presents an on-the-ground view that contrasts with the week’s Wall Street sell-off concerns.
Why it matters — The report offers HUT watchers a look at the development behind the company’s AI data center activity amid market concern over debt.
The Seeking Alpha article says Hut 8 remains a buy despite the neocloud sell-off and premium valuation, citing AI data center potential and financing that includes $7.5B in non-recourse project financing and a $1.07B revolving credit facility. It also points to fully leased River Bend and Beacon Point campuses, with over $26.6B in aggregate contract value and $1.75B in expected average annual NOI at stabilization.
Why it matters — The article highlights HUT’s financing structure and contracted campus revenue as factors central to its AI data center growth case.
Fox Business featured EMJ Capital founder Eric Jackson discussing potential areas for investors’ next artificial intelligence investments and the construction of data centers in the U.S.
Why it matters — The discussion of AI investment and U.S. data-center construction may be relevant to HUT watchers, but the excerpt does not mention Hut 8 specifically.
Former Bitcoin miners that have shifted to AI data-center leasing are facing pressure as Bitcoin slides and long-term borrowing costs rise. The excerpt says these companies fund buildouts with debt.
Why it matters — HUT watchers may note the reported combination of Bitcoin weakness and higher borrowing costs facing companies in this group.
The 23 Wall Street analysts covering Hut 8 Corp. have a median 12-month price target of $140, with estimates ranging from $96 to $275. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 23 analysts covering Hut 8 Corp., 22 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Hut 8 Corp. 19 out of 100 across roughly 4,600 US stocks as at 22 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 22 Oct 2026, Hut 8 Corp. ranks 19 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (86 of 100).
No one can know that. What the data says: the median 12-month target from 23 analysts implies +118.9% from the last close, and Ticker Nerd's factor model ranks Hut 8 Corp. 19 out of 100 as at 22 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Hut 8 Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for HUT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $96 to $275 over the next 12 months.
Hut 8 Corp. returned +64.7% over the 12 months to 22 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Hut 8 Corp. is a North American energy infrastructure and digital computing company focused on power, data centers, and compute-intensive workloads.
The most recent item we track (24/7 Wall Street, 20 Oct 2026): "Cryptocurrency Stocks Rise Despite Piper Sandler Price Target Cuts: MARA and Hut 8 Gain 4%, Riot Holds Flat". Cryptocurrency mining stocks rose despite new Piper Sandler price target cuts, with Hut 8 and MARA each gaining 4%, while Riot was flat. The excerpt gives no further details on Hut 8’s trading price.
Hut 8 Corp. is a North American energy infrastructure and digital computing company focused on power, data centers, and compute-intensive workloads. The company develops and operates infrastructure that supports Bitcoin mining, high-performance computing, artificial intelligence, and other energy-heavy applications. Its business is organized across Power, Digital Infrastructure, Compute, and Other segments, reflecting a vertically integrated model that combines site development, hosting, managed services, and compute operations. Hut 8 Corp. also provides data center and cloud infrastructure services, including colocation, ASIC compute, and related operational support. By linking energy assets with digital infrastructure, the company serves enterprise customers and technology-driven workloads across the United States and Canada. Hut 8 Corp. is headquartered in Miami, Florida.
CEO Mr. Asher Kevin Genoot · 248 employees · United States · https://www.hut8.com
