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 1.25% lower than the current stock price, while the lowest is $70 (-41.91%) and the highest is $156 (+29.45%).

Price Target: $119 (-1.25%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$70	$119	$127.5	$156
Change	-41.91%	-1.25%	+5.80%	+29.45%

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 '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	10	10	11	11	11	11
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	15	15	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chris Brendler Rosenblatt Securities	Rosenblatt Securities	Buy Reiterates $124	Buy	Reiterates	$124	+2.90%	Jun 11, 2026
George Sutton Craig-Hallum	Craig-Hallum	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 5, 2026
Stephen Glagola KBW	KBW	Buy Reiterates $89 → $138	Buy	Reiterates	$89 → $138	+14.51%	Jun 1, 2026
Jonathan Petersen Jefferies	Jefferies	Buy Initiates $156	Buy	Initiates	$156	+29.45%	May 14, 2026
Nick Giles B. Riley Securities	B. Riley Securities	Buy Maintains $76 → $130	Buy	Maintains	$76 → $130	+7.87%	May 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

336.67M

from 235.12M

43.19%

from 235.12M

Revenue Next Year

645.88M

from 336.67M

91.84%

from 336.67M

EPS This Year

0.59

from -2.06

EPS Next Year

-1.86

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	336.67M
Revenue Growth	906.77%	11.43%	16.90%	69.07%	44.79%	43.19%
Gross Profit	47.95M	39.05M	41.85M	75.73M	127.34M	189.11M
Gross Margin	65.03%	47.53%	43.57%	46.64%	54.16%	56.17%
Operating Income	-25.27M	-8.38M	8.78M	470.28M	-315.90M	-467.89M
Net Income	-31.80M	-65.61M	21.85M	331.88M	-226.15M	-329.28M
EPS	-	-	-	-	-2.06	0.59
Forward PE	-	-	-	-	-	204.25
Free Cash Flow	-169.43M	-17.28M	-	80.16M	-371.57M	-1.75B
No. Analysts	-	-	-	-	-	13

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

Revenue Forecast

Revenue	2026	2027	2028
High	378.9M
Avg	336.7M
Low	321.1M

Revenue Growth

Revenue Growth	2026	2027	2028
High	61.2%
Avg	43.2%
Low	36.6%

EPS Forecast

EPS	2026	2027	2028
High	0.59
Avg	0.59
Low	0.59

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-