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HUT Stock Forecast 2025-2026
$16.99
Current Price
$1.92B
Market Cap
Buy 16
Hold 0
Sell 0
Wall St Analyst Ratings
Distance to HUT Price Targets
+94.2%
To High Target of $33.00
+47.1%
To Median Target of $25.00
+5.9%
To Low Target of $18.00
HUT Price Momentum
-7.5%
1 Week Change
-1.0%
1 Month Change
+42.1%
1 Year Change
-17.1%
Year-to-Date Change
-46.8%
From 52W High of $31.95
+94.6%
From 52W Low of $8.73
📊 TOP ANALYST CALLS
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Latest HUT Stock Price Targets & Analyst Predictions
Based on our analysis of 14 Wall Street analysts, HUT has a bullish consensus with a median price target of $25.00 (ranging from $18.00 to $33.00). The overall analyst rating is Strong Buy (9.1/10). Currently trading at $16.99, the median forecast implies a 47.1% upside. This outlook is supported by 16 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Mark Palmer at Benchmark, projecting a 94.2% upside. Conversely, the most conservative target is provided by Gregory Lewis at BTIG, suggesting a 5.9% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
HUT Analyst Ratings
16
Buy
0
Hold
0
Sell
HUT Price Target Range
Low
$18.00
Average
$25.00
High
$33.00
Current: $16.99
Latest HUT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for HUT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jun 6, 2025 | Roth Capital | Darren Aftahi | Buy | Initiates | $25.00 |
| May 22, 2025 | JMP Securities | Greg Miller | Market Outperform | Initiates | $25.00 |
| May 12, 2025 | Canaccord Genuity | Joseph Vafi | Buy | Maintains | $32.00 |
| May 9, 2025 | Needham | John Todaro | Buy | Reiterates | $21.00 |
| May 9, 2025 | HC Wainwright & Co. | Mike Colonnese | Buy | Reiterates | $25.00 |
| May 1, 2025 | Maxim Group | Matthew Galinko | Buy | Initiates | $20.00 |
| Apr 21, 2025 | Northland Capital Markets | Mike Grondahl | Outperform | Initiates | $20.00 |
| Apr 14, 2025 | BTIG | Gregory Lewis | Buy | Initiates | $18.00 |
| Apr 2, 2025 | Benchmark | Mark Palmer | Buy | Maintains | $33.00 |
| Mar 7, 2025 | Rosenblatt | Chris Brendler | Buy | Initiates | $23.00 |
| Mar 7, 2025 | Cantor Fitzgerald | Brett Knoblauch | Overweight | Reiterates | $30.00 |
| Mar 4, 2025 | Needham | John Todaro | Buy | Reiterates | $30.00 |
| Mar 4, 2025 | HC Wainwright & Co. | Mike Colonnese | Buy | Maintains | $30.00 |
| Mar 4, 2025 | Canaccord Genuity | Joseph Vafi | Buy | Maintains | $32.00 |
| Jan 13, 2025 | Needham | John Todaro | Buy | Reiterates | $38.00 |
| Jan 7, 2025 | Benchmark | Mark Palmer | Buy | Reiterates | $41.00 |
| Jan 7, 2025 | Cantor Fitzgerald | Brett Knoblauch | Overweight | Reiterates | $35.00 |
| Dec 17, 2024 | Needham | Buy | Maintains | $0.00 | |
| Dec 17, 2024 | Piper Sandler | Overweight | Initiates | $0.00 | |
| Dec 12, 2024 | Jones Trading | Buy | Initiates | $0.00 |
Hut 8 Corp. (HUT) Competitors
The following stocks are similar to Hut 8 based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Hut 8 Corp. (HUT) Financial Data
Hut 8 Corp. has a market capitalization of $1.92B with a P/E ratio of 4.8x. The company generates $132.46M in trailing twelve-month revenue with a -39.9% profit margin.
Revenue growth is -57.8% quarter-over-quarter, while maintaining an operating margin of -658.7% and return on equity of -6.3%.
Valuation Metrics
Market Cap
$1.92B
Enterprise Value
$2.20B
P/E Ratio
4.8x
PEG Ratio
-230.8x
Price/Sales
14.5x
Growth & Margins
Revenue Growth (YoY)
-57.8%
Gross Margin
+120.6%
Operating Margin
-658.7%
Net Margin
-39.9%
EPS Growth
-127.8%
Financial Health
Cash/Price Ratio
+6.1%
Current Ratio
1.3x
Debt/Equity
35.9x
ROE
-6.3%
ROA
+2.7%
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Hut 8 Corp. (HUT) Business Model
About Hut 8 Corp.
What They Do
Cryptocurrency mining and digital asset operations.
Business Model
The company generates revenue primarily through the mining of cryptocurrencies, notably Bitcoin, by operating large-scale data centers that utilize advanced hardware and proprietary software. By leveraging access to diverse and sustainable energy sources in Canada, Hut 8 enhances its operational efficiency and cost-effectiveness, supporting its profitability in the competitive crypto mining landscape.
Additional Information
Hut 8 Corp. plays a vital role in the cryptocurrency ecosystem by validating transactions and securing the blockchain network. The company's focus on sustainability aligns with the growing demand for environmentally responsible practices within the financial markets, making it a key player in the evolution of decentralized finance.
Company Information
Sector
Financial Services
Industry
Capital Markets
Employees
222
CEO
Mr. Asher Kevin Genoot
Country
United States
IPO Year
2018
Website
hut8.comHut 8 Corp. (HUT) Latest News & Analysis
Latest News
Quick Summary
Bitcoin miners are participating in the recent Bitcoin rally, having reached a record last week. The specifics behind this surge are not detailed in the excerpt.
Why It Matters
Bitcoin miners' participation in the rally signals increased confidence and potential profitability, which could boost Bitcoin's price and attract more investment in the cryptocurrency market.
Source: Investors Business Daily
Market Sentiment:
Positive
Quick Summary
Hut 8 Corp.'s subsidiary, American Bitcoin, will merge with Gryphon Digital Mining in a stock transaction, forming a combined entity under the American Bitcoin brand.
Why It Matters
Hut 8's merger with Gryphon enhances its position in the growing Bitcoin mining sector, potentially increasing market share and investor confidence in future profitability.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Bitcoin surpassed $105,000 following news of a deal in China. Additionally, a bitcoin mining company linked to Trump is set to go public.
Why It Matters
Bitcoin's surge past $105,000 signals bullish momentum and increased institutional interest, while the Trump-linked miner's IPO may attract further attention and investment in the crypto sector.
Source: Investors Business Daily
Market Sentiment:
Positive
Quick Summary
Canaccord Genuity analyst Joseph Vafi has maintained a Buy rating on Hut 8 Corp. (HUT) and reiterated a price target of $32.
Why It Matters
Analyst confidence in Hut 8 Corp. with a Buy rating and a $32 price target signals potential for gains, influencing investor sentiment and stock performance.
Source: Benzinga
Market Sentiment:
Positive
Quick Summary
Hut 8 Corp. reported $21.8M in revenue, missing estimates, and a $134.3M net loss. It introduced American Bitcoin to lessen mining capital burdens. 75% of its market cap is backed by Bitcoin.
Why It Matters
Hut 8's mixed earnings highlight operational challenges but the new capital-light structure could enhance margins. Strong BTC backing offers a favorable risk-reward for investors.
Source: Seeking Alpha
Market Sentiment:
Negative
Quick Summary
Hut 8 Corp. (NASDAQ:HUT) will hold its Q1 2025 Earnings Conference Call on May 8, 2025, at 8:30 AM ET. Key participants include CEO Asher Genoot and CFO Sean Glennan.
Why It Matters
Hut 8's earnings call offers insights into financial performance and strategic direction, crucial for assessing future growth and investment potential.
Source: Seeking Alpha
Market Sentiment:
Neutral
Frequently Asked Questions About HUT Stock
What is Hut 8 Corp.'s (HUT) stock forecast for 2025?
Based on our analysis of 14 Wall Street analysts, Hut 8 Corp. (HUT) has a median price target of $25.00. The highest price target is $33.00 and the lowest is $18.00.
Is HUT stock a good investment in 2025?
According to current analyst ratings, HUT has 16 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $16.99. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for HUT stock?
Wall Street analysts predict HUT stock could reach $25.00 in the next 12 months. This represents a 47.1% increase from the current price of $16.99. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Hut 8 Corp.'s business model?
The company generates revenue primarily through the mining of cryptocurrencies, notably Bitcoin, by operating large-scale data centers that utilize advanced hardware and proprietary software. By leveraging access to diverse and sustainable energy sources in Canada, Hut 8 enhances its operational efficiency and cost-effectiveness, supporting its profitability in the competitive crypto mining landscape.
What is the highest forecasted price for HUT Hut 8 Corp.?
The highest price target for HUT is $33.00 from Mark Palmer at Benchmark, which represents a 94.2% increase from the current price of $16.99.
What is the lowest forecasted price for HUT Hut 8 Corp.?
The lowest price target for HUT is $18.00 from Gregory Lewis at BTIG, which represents a 5.9% increase from the current price of $16.99.
What is the overall HUT consensus from analysts for Hut 8 Corp.?
The overall analyst consensus for HUT is bullish. Out of 14 Wall Street analysts, 16 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $25.00.
How accurate are HUT stock price projections?
Stock price projections, including those for Hut 8 Corp., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: June 18, 2025 11:02 AM UTC