Hut 8 Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, Hut 8 stock has a consensus rating of "Strong Buy" and an average price target of $164.47. The average 1-year stock price forecast is 81.43% higher than the current stock price, while the lowest is $120 (+32.38%) and the highest is $273 (+201.16%).

Price Target: $164.47 (+81.43%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$120	$164.47	$155	$273
Change	+32.38%	+81.43%	+70.99%	+201.16%

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

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	11	11	11	12	11	11
Buy	5	5	5	5	6	6
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	16	16	17	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Allen Klee Maxim Group	Maxim Group	Buy Reiterates $170	Buy	Reiterates	$170	+87.53%	Aug 6, 2026
Gregory Lewis BTIG	BTIG	Buy Maintains $150	Buy	Maintains	$150	+65.47%	Aug 6, 2026
Patrick Moley Piper Sandler	Piper Sandler	Buy Reiterates $127 → $143	Buy	Reiterates	$127 → $143	+57.75%	Aug 6, 2026
Chris Brendler Rosenblatt Securities	Rosenblatt Securities	Buy Reiterates $124	Buy	Reiterates	$124	+36.79%	Aug 6, 2026
Stephen Byrd Morgan Stanley	Morgan Stanley	Buy Reiterates $263 → $273	Buy	Reiterates	$263 → $273	+201.16%	Aug 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

329.88M

from 235.12M

40.30%

from 235.12M

Revenue Next Year

614.91M

from 329.88M

86.40%

from 329.88M

EPS This Year

0.59

from -2.06

EPS Next Year

-2.49

from 0.59

Fiscal Year	FY 2022	FY 2023	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2022	Jun 30, 2023	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	73.73M	82.16M	96.05M	162.39M	235.12M	329.88M
Revenue Growth	906.77%	11.43%	16.90%	69.07%	44.79%	40.30%
Gross Profit	47.95M	39.05M	41.85M	75.73M	127.34M	186.99M
Gross Margin	65.03%	47.53%	43.57%	46.64%	54.16%	56.68%
Operating Income	-25.27M	-8.38M	8.78M	470.28M	-315.90M	-513.30M
Net Income	-31.80M	-65.61M	21.85M	331.88M	-226.15M	-504.65M
EPS	-	-	-	-	-2.06	0.59
Forward PE	-	-	-	90.04	23.34	153.64
Free Cash Flow	-169.43M	-17.28M	-	80.16M	-371.57M	-1.75B
No. Analysts	-	-	-	-	-	14

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	378.9M
Avg	329.9M
Low	303.7M

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	61.2%
Avg	40.3%
Low	29.2%

EPS Forecast

Chart

EPS	2026	2027	2028
High	0.59
Avg	0.59
Low	0.59

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-