Hut 8 Corp. (HUT)
NASDAQ: HUT · Real-Time Price · USD
16.32
-0.69 (-4.06%)
At close: Jun 5, 2025, 4:00 PM
16.26
-0.06 (-0.37%)
After-hours: Jun 5, 2025, 4:23 PM EDT
Hut 8 Stock Forecast
Stock Price Forecast
According to 13 professional analysts, the 12-month price target for Hut 8 stock ranges from a low of $18 to a high of $36. The average analyst price target of $26.77 forecasts a 64.03% increase in the stock price over the next year.
Price Target: $26.77 (+64.03%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Hut 8 stock 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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 7 | 8 | 9 | 9 |
| Buy | 2 | 2 | 2 | 3 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 9 | 11 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Initiates $25 | Buy | Initiates | $25 | +53.19% | May 22, 2025 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $32 | Strong Buy | Maintains | $32 | +96.08% | May 12, 2025 |
| Needham | Needham | Strong Buy Reiterates $21 | Strong Buy | Reiterates | $21 | +28.68% | May 9, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +53.19% | May 9, 2025 |
| Maxim Group | Maxim Group | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +22.55% | May 1, 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.