Hut 8 Corp. (HUT)
NASDAQ: HUT · Real-Time Price · USD
132.79
-0.23 (-0.17%)
Jun 3, 2026, 10:56 AM EDT - Market open

Hut 8 Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, Hut 8 stock has a consensus rating of "Strong Buy" and an average price target of $119. The average 1-year stock price forecast is 10.38% lower than the current stock price, while the lowest is $70 (-47.29%) and the highest is $156 (+17.48%).

Price Target: $119 (-10.38%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$70$119$127.5$156
Change-47.29%-10.38%-3.98%+17.48%

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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy101010111111
Buy555555
Hold000000
Sell000000
Strong Sell000000
Total151515161616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Initiates
$156
BuyInitiates$156+17.48%May 14, 2026
B. Riley Securities
B. Riley Securities
Buy
Maintains
$76$130
BuyMaintains$76$130-2.10%May 13, 2026
Maxim Group
Maxim Group
Buy
Reiterates
$70$135
BuyReiterates$70$135+1.66%May 9, 2026
BTIG
BTIG
Buy
Maintains
$90$115
BuyMaintains$90$115-13.40%May 8, 2026
Rosenblatt Securities
Rosenblatt Securities
Buy
Reiterates
$124
BuyReiterates$124-6.62%May 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
336.68M
from 235.12M
Increased by 43.20%
Revenue Next Year
645.85M
from 336.68M
Increased by 91.83%
EPS This Year
-3.61
from -0.09
EPS Next Year
-1.65
from -3.61
Fiscal YearFY 2022FY 2023FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2022Jun 30, 2023Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
73.73M82.16M96.05M162.39M235.12M336.68M
Revenue Growth
906.77%11.43%16.90%69.07%44.79%43.20%
Gross Profit
47.95M39.05M41.85M75.73M127.34M198.73M
Gross Margin
65.03%47.53%43.57%46.64%54.16%59.03%
Operating Income
-25.27M-8.38M8.78M470.28M-315.90M-449.30M
Net Income
-31.80M-65.61M21.85M331.88M-226.15M-301.80M
EPS
-0.04-0.060.020.13-0.09-3.61
Free Cash Flow
-169.43M-17.28M-80.16M-371.57M-1.75B
No. Analysts
-----13

Revenue Forecast

Revenue202620272028
High378.9M
Avg336.7M
Low321.1M

Revenue Growth

Revenue Growth202620272028
High
61.2%
Avg
43.2%
Low
36.6%

EPS Forecast

EPS202620272028
High-1.22
Avg-3.61
Low-5.02

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.