Hut 8 Corp. (HUT)
NASDAQ: HUT · Real-Time Price · USD
11.63
-0.10 (-0.81%)
Mar 31, 2025, 3:35 PM EDT - Market open

Hut 8 Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Hut 8 stock have an average target of 31.89, with a low estimate of 23 and a high estimate of 41. The average target predicts an increase of 174.32% from the current stock price of 11.63.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $23 $31.89 $32 $41
Change +97.85% +174.32% +175.27% +252.69%

Analyst Ratings

The average analyst rating for Hut 8 stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 556667
Buy 002222
Hold 000000
Sell 000000
Strong Sell 000000
Total 558889

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$30
Buy Reiterates $30 +158.06% Mar 7, 2025
Rosenblatt
Rosenblatt
Strong Buy
Initiates
$23
Strong Buy Initiates $23 +97.85% Mar 7, 2025
Needham
Needham
Strong Buy
Reiterates
$30
Strong Buy Reiterates $30 +158.06% Mar 4, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$35$30
Strong Buy Maintains $35$30 +158.06% Mar 4, 2025
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$32
Strong Buy Maintains $32 +175.27% Mar 4, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
283.83M
from 162.39M
Increased by 74.79%
Revenue Next Year
615.29M
from 283.83M
Increased by 116.78%
EPS This Year
0.19
from 3.33
Decreased by -94.39%
EPS Next Year
1.38
from 0.19
Increased by 640.54%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
7.32M73.73M82.16M96.05M162.39M283.83M615.29M541.97M
Revenue Growth
-906.77%11.43%16.90%69.07%74.79%116.78%-11.92%
EPS
-0.56-0.94-1.580.453.330.191.38-
EPS Growth
----647.35%-94.39%640.54%-
Forward PE
-----62.228.40-
No. Analysts -----722
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 324.8M 778.1M 563.4M
Avg 283.8M 615.3M 542.0M
Low 256.8M 467.9M 525.9M

Revenue Growth

Revenue Growth 202520262027
High
100.0%
174.1%
-8.4%
Avg
74.8%
116.8%
-11.9%
Low
58.2%
64.8%
-14.5%

EPS Forecast

EPS 20252026
High 0.68 1.44
Avg 0.19 1.38
Low -0.28 1.34

EPS Growth

EPS Growth 20252026
High
-79.5%
669.9%
Avg
-94.4%
640.5%
Low -
618.5%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.