Hut 8 Corp. (HUT)
NASDAQ: HUT · Real-Time Price · USD
69.46
+2.12 (3.15%)
At close: Oct 28, 2026, 4:00 PM EDT
66.75
-2.71 (-3.90%)
Pre-market: Oct 29, 2026, 5:39 AM EDT

Hut 8 Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Hut 8 stock has a consensus rating of "Strong Buy" and an average price target of $149.74. The average 1-year stock price forecast is 115.58% higher than the current stock price, while the lowest is $90 (+29.57%) and the highest is $275 (+295.91%).

Price Target: $149.74 (+115.58%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$90$149.74$140$275
Change+29.57%+115.58%+101.55%+295.91%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy111211121516
Buy556666
Hold000011
Sell000000
Strong Sell000000
Total161717182223

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Maintains
$275
BuyMaintains$275+295.91%Oct 22, 2026
Piper Sandler
Piper Sandler
Buy
Reiterates
$143 → $123
BuyReiterates$143 → $123+77.08%Oct 20, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$180 → $151
BuyMaintains$180 → $151+117.39%Oct 16, 2026
Maxim Group
Maxim Group
Buy
Reiterates
$141 → $170
BuyReiterates$141 → $170+144.75%Oct 12, 2026
Roth MKM
Roth MKM
Buy
Initiates
$108
BuyInitiates$108+55.49%Oct 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
298.35M
from 235.12M
Increased by 26.89%
Revenue Next Year
582.19M
from 298.35M
Increased by 95.14%
EPS This Year
-3.42
from -2.06
EPS Next Year
-5.15
from -3.42
Fiscal YearFY 2022FY 2023FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2022Jun 30, 2023Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
73.73M82.16M96.05M162.39M235.12M298.35M
Revenue Growth
906.77%11.43%16.90%69.07%44.79%26.89%
Gross Profit
47.95M39.05M41.85M75.73M127.34M189.19M
Gross Margin
65.03%47.53%43.57%46.64%54.16%63.41%
Operating Income
-25.27M-8.38M8.78M470.28M-315.90M-681.14M
Net Income
-31.80M-65.61M21.85M331.88M-226.15M-589.54M
EPS
-----2.06-3.42
Free Cash Flow
------2.64B
No. Analysts
-----22
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High343.3M
Avg298.3M
Low225.2M

Revenue Growth

Revenue Growth202620272028
High
46.0%
Avg
26.9%
Low
-4.2%

EPS Forecast

EPS202620272028
High0.88
Avg-3.42
Low-9.60

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-