Hut 8 Corp. (HUT)
NASDAQ: HUT · Real-Time Price · USD
15.52
+1.63 (11.74%)
At close: May 12, 2025, 4:00 PM
15.99
+0.47 (3.03%)
After-hours: May 12, 2025, 7:59 PM EDT
Hut 8 Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Hut 8 stock have an average target of 26.92, with a low estimate of 18 and a high estimate of 36. The average target predicts an increase of 73.45% from the current stock price of 15.52.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Hut 8 stock from 12 stock analysts 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 '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 7 | 8 | 9 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 9 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $32 | Strong Buy | Maintains | $32 | +106.19% | May 12, 2025 |
| Needham | Needham | Strong Buy Reiterates $21 | Strong Buy | Reiterates | $21 | +35.31% | May 9, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +61.08% | May 9, 2025 |
| Maxim Group | Maxim Group | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +28.87% | May 1, 2025 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $20 | Buy | Initiates | $20 | +28.87% | Apr 21, 2025 |
Financial Forecast
Revenue This Year
283.83M
from 162.39M
Increased by 74.79%
Revenue Next Year
615.29M
from 283.83M
Increased by 116.78%
EPS This Year
0.19
from 3.33
Decreased by -94.39%
EPS Next Year
1.38
from 0.19
Increased by 640.54%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 324.8M | 778.1M | 563.4M |
| Avg | 283.8M | 615.3M | 542.0M |
| Low | 256.8M | 467.9M | 525.9M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 100.0% | 174.1% | -8.4% |
| Avg | 74.8% | 116.8% | -11.9% |
| Low | 58.2% | 64.8% | -14.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.68 | 1.44 |
| Avg | 0.19 | 1.38 |
| Low | -0.28 | 1.34 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | -79.5% | 669.9% |
| Avg | -94.4% | 640.5% |
| Low | - | 618.5% |
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 disclaimer.