Hut 8 Corp. (HUT)
NASDAQ: HUT · Real-Time Price · USD
98.46
-2.72 (-2.69%)
At close: May 8, 2026, 4:00 PM EDT
98.45
-0.01 (-0.01%)
After-hours: May 8, 2026, 5:41 PM EDT
Hut 8 Stock Forecast
Stock Price Forecast
The 15 analysts that cover Hut 8 stock have a consensus rating of "Strong Buy" and an average price target of $86.2, which forecasts a -12.45% decrease in the stock price over the next year. The lowest target is $25 and the highest is $140.
Price Target: $86.2 (-12.45%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 9 | 10 | 10 | 10 | 10 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 15 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $89 → $124 | Strong Buy | Maintains | $89 → $124 | +25.94% | May 8, 2026 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $70 → $130 | Strong Buy | Maintains | $70 → $130 | +32.03% | May 7, 2026 |
| Citizens | Citizens | Buy Maintains $100 → $140 | Buy | Maintains | $100 → $140 | +42.19% | May 7, 2026 |
| Needham | Needham | Strong Buy Maintains $88 → $128 | Strong Buy | Maintains | $88 → $128 | +30.00% | May 7, 2026 |
| BTIG | BTIG | Strong Buy Maintains $90 → $115 | Strong Buy | Maintains | $90 → $115 | +16.80% | May 6, 2026 |
Financial Forecast
Revenue This Year
615.29M
from 235.12M
Increased by 161.69%
Revenue Next Year
541.97M
from 615.29M
Decreased by -11.92%
EPS This Year
1.38
from -2.14
EPS Next Year
n/a
from 1.38
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 778.1M | 563.4M | |||||
| Avg | 615.3M | 542.0M | |||||
| Low | 467.9M | 525.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 230.9% | -8.4% | |||||
| Avg | 161.7% | -11.9% | |||||
| Low | 99.0% | -14.5% |
EPS Forecast
| EPS | 2026 |
|---|---|
| High | 1.44 |
| Avg | 1.38 |
| Low | 1.34 |
EPS Growth
| EPS Growth | 2026 |
|---|---|
| High | - |
| Avg | - |
| Low | - |
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 sources.