Hut 8 Corp. (HUT)
NASDAQ: HUT · Real-Time Price · USD
12.90
+0.64 (5.22%)
At close: Apr 24, 2025, 4:00 PM
13.01
+0.11 (0.85%)
Pre-market: Apr 25, 2025, 5:59 AM EDT
Hut 8 Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Hut 8 stock have an average target of 28.82, with a low estimate of 18 and a high estimate of 36. The average target predicts an increase of 123.41% from the current stock price of 12.90.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Hut 8 stock from 11 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 7 | 8 |
| Buy | 0 | 2 | 2 | 2 | 2 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 8 | 8 | 8 | 9 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $20 | Buy | Initiates | $20 | +55.04% | Apr 21, 2025 |
| BTIG | BTIG | Strong Buy Initiates $18 | Strong Buy | Initiates | $18 | +39.53% | Apr 14, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $41 → $33 | Strong Buy | Maintains | $41 → $33 | +155.81% | Apr 2, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $30 | Buy | Reiterates | $30 | +132.56% | Mar 7, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +78.29% | Mar 7, 2025 |
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%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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 | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 100.0% | 174.1% | -8.4% |
| Avg | 74.8% | 116.8% | -11.9% |
| Low | 58.2% | 64.8% | -14.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.68 | 1.44 |
| Avg | 0.19 | 1.38 |
| Low | -0.28 | 1.34 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| 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.